Markets are looking to Powell for direction on where the central bank will be taking interest rates through the rest of the year and beyond.
Jamie Dimon says auto company bankruptcies reveal ‘early signs’ of excess in corporate lending
The bankruptcies have sparked concern about the risks involved when banks like JPMorgan, Jefferies and Fifth Third provide financing for private companies.
Bessent tells the FT that struggling China wants ‘to pull everybody else down with them’
Bessent accused China of trying to weaken the global economy by slapping export controls on resources vital for technology.
Citi reports a rise in earnings with every business posting record third-quarter revenue
Citi’s net income rose 15% to $3.8 billion from a year earlier, while revenues were up 9% as every business posted record numbers.
Stocks making the biggest moves premarket: JPMorgan Chase, Goldman Sachs, General Motors, Energy Fuels and more
These are some of the stocks posting the largest moves in early trading.
Goldman Sachs reports third-quarter earnings before the bell
Goldman Sachs gets the majority of its revenue from Wall Street activities including trading and investment banking.
JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects
JPMorgan will give investors a view into how U.S. consumers and corporations fared in the third quarter.
Coffee and ‘chili crab’ ice cream: How luxury fashion brands are capturing Asian consumers
Brands from Louis Vuitton and Prada to Coach and Ralph Lauren are giving buyers a a literal taste of luxury with new cafes that serve luxe experiences for less.
Traders eye the 20-day moving average on the S&P 500 as a critical level for the market
Whether the S&P 500 can hold its 20-day moving average after Friday’s downdraft is critical for the stock market’s short-term outlook, according to NYSE insider Jay Woods.
Goldman Sachs agrees to acquire $7 billion VC firm Industry Ventures
Goldman Sachs is making the acquisition to bolster its $540 billion alternatives investment platform, part of the “growth engine” of the investment bank.