Breaking News: Markets

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…

Stocks making the biggest moves premarket: Pfizer, Lululemon, Manchester United, Rite Aid and more

Check out the companies making headlines before the bell. Pfizer, Moderna, BioNTech — Shares of Pfizer dropped 1.3% after the…

‘Miracle drug’ euphoria: Experts warn widespread use of weight loss medicine faces major hurdles

Two experts see major challenges facing the adoption of new obesity drugs. Dr. Kavita Patel, a physician and NBC News…

Risk-taker’s market? Why it may be practical to take chips off the table

It may be a risk-taker’s market. Investor and personal finance author Ric Edelman believes it’s a practical strategy to take…