Wells Fargo’s first-quarter profit and revenue top the Street
Wells Fargo reported growing profits Friday as the bank benefited from higher interest rates, despite building up loan loss reserves.…
Stocks making the biggest moves before the bell: JPMorgan Chase, Wells Fargo, PNC, Lucid, Express & more
Check out the companies making headlines in premarket trading. JPMorgan Chase – The banking behemoth popped more than 5% after…
Banking crisis forces ECB policymakers to rethink rate hikes, but focus still firmly on inflation
European Central Bank policymakers are reconsidering the path of interest rate hikes in light of last month’s banking turmoil, but…
Fears mount that Europe’s commercial real estate sector could be the next to fall
Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be…
JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%
JPMorgan Chase posted record first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from…
EU will issue fresh wave of sanctions to stop Russia reinventing their war machine, official says
The European Union will launch an 11th wave of sanctions on Russia and seek to crack down on efforts to…
Stocks making the biggest moves midday: Apple, Tesla, Netflix, Bed Bath & Beyond & more
Check out the companies making headlines in midday trading. Apple — The tech giant climbed more than 2% Thursday. A…
Stocks making the biggest premarket moves: Delta, First Solar, Steve Madden & more
Check out the companies making the biggest moves in premarket trading: Delta Air Lines — Shares popped 2% in the…
Bloomberg plans to integrate GPT-style A.I. into its terminal
Bloomberg LP has developed an AI model using the same underlying technology as OpenAI’s GPT, and plans to integrate it…
UK economy flat in February as strikes and inflation bite — and the IMF delivers reality check
LONDON — The U.K. economy flatlined in February as widespread industrial action and persistently high inflation stymied activity. Data on…
