Breaking News: Business

Wells Fargo shares rise after third-quarter results top Wall Street expectations

Wells Fargo on Friday surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates…

JPMorgan Chase tops profit expectations on higher rates, benign credit

JPMorgan Chase on Friday topped analysts’ estimates for third-quarter profit and revenue as the bank generated more interest income than…

Dollar General stock jumps after it brings back former CEO to jolt slowing sales growth

Dollar General’s former CEO Todd Vasos is coming out of retirement to helm the company, which aims to rebound from…

Leon Cooperman expects very little from the market and is only interested in individual stocks

Billionaire investor Leon Cooperman said he remains a bear with little interest in the broader stock market, partly because it’s underestimating the…

Steve Scalise does not appear to have votes to become speaker as GOP remains divided

Republican lawmakers remained divided Thursday after nominating Rep. Steve Scalise as their candidate for speaker of the House of Representatives,…

Steve Scalise nominated as House speaker candidate by GOP lawmakers

Republican lawmakers Wednesday selected Rep. Steve Scalise as their candidate for speaker of the House of Representatives, more than a…

Oil prices could surge if Iran enters the war, Pioneer Natural Resources CEO says

Pioneer Natural Resources CEO Scott Sheffield said oil prices could move a lot higher if Iran gets involved in the war between…

Republicans face crucial vote in House speaker race that could shape Israel aid, government funding

House Majority Leader Steve Scalise and Judiciary Committee Chair Jim Jordan will make their case to Republican lawmakers Tuesday evening…

Paul Tudor Jones says it’s hard to like stocks given geopolitical risks, weak U.S. fiscal position

Billionaire hedge fund manager Paul Tudor Jones said Tuesday it’s extremely tough to be an investor in risk assets amid escalating geopolitical…

Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns

The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…