Stock market today: Live updates
Stocks rose Friday after a volatile trading session. Although Friday began with fears that the banking crisis was spilling over to Deutsche Bank, the markets...
First Republic drops, bank stocks decline
Financial stocks under pressure The declines came despite Sunday’s news that the Federal Reserve created a new Bank Term Funding Program that will offer loans...
10-year Treasury yield briefly hits highest level since November
U.S. Treasury yields were little changed on Tuesday to cap off a month of sharp gains, as traders weighed the prospects of tighter for longer...
It has ‘lost a little bit of control of inflation’
JPMorgan Chase CEO Jamie Dimon said Thursday that containing inflation remains a work in progress for the Federal Reserve, while noting the U.S. economy continues...
Dimon says Congress shouldn’t play games with U.S. creditworthiness
Jamie Dimon, President, CEO & Chairman of JP Morgan Chase, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 19th, 2023. Adam...
Wells Fargo, once the No. 1 mortgage player, steps back from business
Wells Fargo is stepping back from the multitrillion-dollar market for U.S. mortgages amid regulatory pressure and the impact of higher interest rates. Instead of its...
Gold trades near 8-month high and analysts expect its rise to continue
Gold bars are displayed at a bullion merchant’s, Baird & Co., in London, U.K., on Friday, March 14, 2008. Graham Barclay | Bloomberg | Getty...
Dow tumbles more than 800 points, heads for biggest decline in 3 months
Stocks fell sharply Thursday after new data showed retail sales fell more than expected in November, raising fears that the Federal Reserve’s relentless interest rate...
Walmart, JPMorgan, GM CEOs talk about possible slowdown
General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit,...
An often-overlooked economic measure is signaling serious trouble ahead
Employees work at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters The economy sent a low-key signal Thursday...