Finance

Bailing on the stock market during volatility is a ‘loser’s game,’ financial advisor says. Here’s why

Investor psychology can be fickle. Consider this common scenario: The stock market hits a rough patch, and skittish investors bail…

Watch Fed Chair Powell testify live before Senate Banking Committee

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent

New York Community Bank said Thursday it lost 7% of its deposits in the turbulent month before announcing a $1…

Stock market bubble? Analysts explain why they’re not worried

Despite the heavy concentration of the U.S. market rally in expensive, AI-focused tech stocks, analysts say Wall Street is not…

Why private equity has been involved in every recent bank deal

The $1 billion-plus injection that New York Community Bank announced Wednesday is the latest example of private equity players coming…

NYCB shares rebound after troubled regional bank announces $1 billion capital raise

Struggling regional lender New York Community Bancorp announced a $1 billion capital raise and a leadership shake-up on Wednesday, headlined…

What the SEC vote on climate disclosures means for investors

The Securities and Exchange Commission on Wednesday voted 3-2 to issue a final rule that requires certain U.S. companies to…