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Texas is set to get its own stock exchange, The Wall Street Journal reported. BlackRock and Citadel have backed the TXSE Group, which has raised $120 million, per the report. The company plans to ...
Salesforce stock fell more than 20% on Thursday after it reported weak earnings and tepid guidance.Plexi Images/Glasshouse Images/UCG/Universal Images Group via Getty Images US stocks continued a ...
Stocks dipped on Wednesday — with the Nasdaq falling from a record — as investors watched bond yields move higher for a second day this week, with the 10-year Treasury continuing to climb above 4.5%.
A "soft landing" scenario is unlikely for the US economy, Citi CEO Jane Fraser said. The bank chief said that wealthier Americans are spending while lower-income income consumers are cutting back. "We ...
Stocks are in a "late secular bull market" that's likely to end in tears, Bank of America's Michael Hartnett warned in a research note.
US stocks rose on Friday as markets assessed new inflation data in the form of March PCE. The Fed's preferred gauge showed inflation rose 2.8% year-over-year, slightly higher than estimates. Investors ...
The lowest earners have been left out of the economic boom, and it's no wonder they're upset, JPMorgan CEO Jamie Dimon said.
Stock slid as investors readjusted interest rate outlooks, given hotter-than-expected manufacturing data.
US stocks fell for a third straight day Tuesday as investors digested the possibility that the first Federal Reserve interest rate cut won't come in June as expected. Markets have been repricing bets ...
China's attempts to revive its economy could push US inflation higher, new research says. To stimulate its economy, China policymakers are encouraging investments in the manufacturing sector. A ...
Beijing has accused Evergrande of inflating revenue by $78 billion in 2019 and 2020. Regulatory authorities have fined Evergrande's founder and banned him from the securities market for life. The ...
The National Association of Realtors announced a $418 million settlement to end antitrust lawsuits. The NAR agreed to a new set of rules, which will reset long-held standards on commissions. Real ...
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