Finance

JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses

JPMorgan Chase shares fell 5% on Tuesday after the bank’s president told analysts that expectations for net interest income and…

Federal Reserve unveils toned-down banking regulations in victory for Wall Street

A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts…

It’s not always ‘a sexy thing’ to be a millionaire, former NFL linebacker Brandon Copeland says. Here’s why

Brandon Copeland is a former NFL linebacker turned coach. But the type of coaching he gravitates to isn’t in the…

Former Arm CEO criticizes Britain for not holding onto its top tech firms

CAMBRIDGE, England — The U.K. is doing a bad job of commercializing technology businesses globally and needs a mindset shift…

Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business

Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its…

Stocks making the biggest moves midday: Palantir Technologies, Summit Therapeutics, JetBlue Airways and more

Check out the companies making headlines in midday trading: Palantir Technologies, Dell Technologies — Palantir and Dell jumped 14% and…

Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says

The U.S. Federal Reserve can afford to make a jumbo 50 basis point rate cut next week without spooking markets,…