Roger Ferguson, a top Black Wall Street exec who manages $1 trillion, steps down

Roger Ferguson, one of the most powerful Black executives on Wall Street and in corporate America, is retiring as the CEO of TIAA.

News: What you need to know about the markets     Roger Ferguson, a top Black Wall Street exec who manages $1 trillion, steps down Roger Ferguson, one of the most powerful Black executives on Wall Street and in corporate America, is retiring as the CEO of TIAA. Read more »   Boeing's 737 Max debacle could be the most expensive corporate blunder ever The 20-month grounding of the 737 Max could end as soon as this week, but Boeing's mounting costs have soared to tens of billions of dollars. That means the plane maker's repeated safety oversights and mismanagement were not only tragic but also rank among the expensive corporate mistakes in history. Read more »   Walmart reports shortages of bath tissue and cleaning supplies at some stores Shoppers are once again loading up on paper goods and cleaning supplies in areas of the United States hard hit by rising coronavirus infections, leading to empty shelves at some Walmart stores. Read more »   Amazon is now a drug store. It will ship prescriptions to Prime members Amazon is making its biggest leap into the multi-billion-dollar health care industry with the launch of Amazon Pharmacy, a new digital drugstore. Read more »   Stocks reverse course after hitting new record highs Wall Street reversed course on Tuesday, with stocks tumbling just one day after reaching new record highs. Read more »   Retail sales grew less than expected in October, as economists worry about a 'difficult winter' US retail sales grew at a slower pace than economists had predicted last month -- prompting worries about a "difficult winter" with lower consumer spending before a recovery next year. Read more »

Dow Nasdaq S&P -167.09   -24.79   -17.38 29,783.35   11,899.34   3,609.53 -0.56%   -0.21%   -0.48% YTD +4.36%   YTD +32.62%   YTD +11.72%

Biggest Winners SL Green Realty Corp +6.28%   Ralph Lauren Corp +6.00%   Vontier Corp +5.26%   Devon Energy Corp +4.63% Biggest Losers CVS Health Corp -8.62%   Boston Scientific Corp -7.89%   Cardinal Health Inc -6.48%   Mckesson Corp -5.46%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $41.33 -0.10 / -0.24% Gold $1,878.50 -6.60 / -0.35% 10-yr 0.87% -0.03 Euro $1.19 +0.00 / +0.01%

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