Gold bars can be a valuable hedge during stock market weakness, according to gold expert George Milling-Stanley.
What to expect from bank earnings as high interest rates pressure smaller players
JPMorgan Chase, the nation’s largest lender, kicks off earnings for the industry on Friday, followed by Bank of America and Goldman Sachs next week.
Stocks making the biggest moves midday: CarMax, Nike, Paramount, Fastenal and more
These are some of the stocks posting the largest moves in midday trading.
European Central Bank holds interest rates, gives strong signal that cuts are on the way
The euro zone’s central bank held interest rates steady for a fifth straight meeting.
Stocks making the biggest premarket moves: Nike, CarMax, Robinhood, Alpine Immune Sciences and more
These are the stocks posting the largest moves in the premarket.
Wholesale prices rose 0.2% in March, less than expected
The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate.
Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer
Halio’s new role encompasses authority over the firm’s more than $1.6 trillion balance sheet. She’ll report to Chief Financial Officer Denis Coleman.
‘Lose-lose situation’: New Swiss bank laws could derail UBS’ challenge to Wall Street giants
Switzerland’s new banking regulations create a “lose-lose situation” for UBS and may limit its potential to challenge Wall Street, says Beat Wittmann of Porta Advisors.
China’s commercial property segment is seeing some bright spots amid a slump in the wider realty sector
China’s commercial property sector is seeing pockets of demand amid an overall real estate slump.
The ‘supercore’ inflation measure shows Fed may have a real problem on its hands
Bringing down inflation is being frustrated by sticky services prices. Experts say the Fed may have a meaningful problem on its hands.