CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.
Category: Finance News
Bitcoin nosedives below $57,000 to two-month low ahead of U.S. Fed decision
Bitcoin dropped as low as $56,757.93, falling below $57,000 for the first time since Feb. 28, according to data from CoinGecko.
New Calamos ETF promises ‘100% downside protection.’ Here’s how it works
“There’s no tricks. There’s no magic. This is the secret sauce,” Calamos Investments’ Matt Kaufman said.
Stocks making the biggest moves after hours: Amazon, Starbucks, Pinterest, Advanced Micro Devices and more
These are the stocks posting the largest moves in extended trading.
Here’s everything to expect when the Fed wraps up its meeting Wednesday
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.
This is the level where the 10-year Treasury yield becomes a ‘clear problem’ for stocks, Goldman study shows
Goldman said that when the 10-year Treasury yield hits 5%, the correlation between bond yields and stocks turns negative.
McDonald’s and other big brands warn that low-income consumers are starting to crack
Higher prices have weighed on customers in an array of industries that interact with consumers.
‘Sell in May and go away’ is a catchy adage, but probably not a good idea
The bottom line: market timing is always a tricky affair. Most of the time, it’s not worth trying to do it.
Worker pay rose more than expected in Q1 in another sign of persistent inflation
The employment cost index, which measures worker salaries and benefits, gained 1.2% in the first quarter.
Stocks making the biggest moves premarket: Eli Lilly, 3M, McDonald’s and more
These are some of the stocks posting the largest moves in premarket trading.