Finance

Adidas shares climb after boost from Yeezy sales, guidance raise

Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy inventory. The…

‘Phantom hacker’ scams that target seniors’ savings are on the rise, FBI says

There has been a nationwide increase in “phantom hacker” scams, a type of fraud “significantly impacting senior citizens,” who often…

Bank of America tops profit estimates on better-than-expected interest income

Bank of America topped estimates for third-quarter profit on Tuesday on stronger-than-expected interest income. Here’s what the company reported: Profit…

Top economists unanimous on ‘higher for longer’ rates as inflation threats linger

Top economists and central bankers appear to be in agreement on one thing: interest rates will stay higher for longer,…

Goldman Sachs tops estimates on stronger-than-expected bond trading

Goldman Sachs posted third-quarter profit and revenue Tuesday that exceeded analysts’ estimates on stronger-than-expected trading revenue. Shares of the bank…