This year’s stress test included JPMorgan Chase and Goldman Sachs, credit card companies including American Express and regional lenders like Truist.
Stocks making the biggest moves midday: Rivian Automotive, FedEx, Whirlpool and more
These are the stocks posting the largest moves in midday trading.
Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work
The rollout will be a real-world test for the vaunted productivity gains of generative AI, which took the world by storm in late 2022.
Stocks making the biggest moves premarket: Rivian, FedEx, Whirlpool, Nvidia, Micron and more
These are the stocks posting the largest moves in premarket trading.
China’s EV architect says investing in Europe is a way forward
Wan Gang became China’s minister of Science and Technology around 2010 and is known for spearheading the country’s early push into electric cars.
Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
Returns are up and people are saving more. But account balances for the median 401(k) are too low and Americans are still very reliant on Social Security.
Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows
A survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long-term despite concerns about U.S.-China relations.
Europe is at risk of over-restricting AI and falling behind U.S. and China, Dutch prince says
Prince Constantijn of the Netherlands told CNBC Europe risks limiting its role in artificial intelligence to being a regulator, rather than an innovator.
The yuan’s status as a global currency might be gaining ground. But top CEOs see more hurdles to clear
For China’s yuan to be used more globally, the currency needs more “applications” such as stocks and bonds, said Bonnie Chan, CEO of the Hong Kong exchange.
Housing market to remain ‘stuck’ until at least 2026, Bank of America says
The bank sees a variety of factors lining up against both a major improvement in sales and a drop in prices.