Goldman in talks to offload Apple credit card, savings products to American Express, source says
Goldman Sachs is in talks to offload its Apple credit card and high-yield savings account products to American Express, a…
JPMorgan, Wells Fargo and Morgan Stanley to boost dividends after clearing Fed stress test
Large U.S banks including JPMorgan Chase, Wells Fargo and Morgan Stanley said Friday they plan to raise their quarterly dividends…
Stocks making the biggest moves midday: Apple, Meta Platforms, Carnival, Nike and more
Check out the companies making headlines in midday trading Friday. Apple — Shares of the tech giant gained more than…
Most investors believe we are in a new bull market and there will be no recession in 2023
The majority of Wall Street investors believe stocks have entered a new bull market and the U.S. economy will skirt…
Key Fed inflation measure shows prices rose just 0.3% in May
Inflation pressures eased slightly in May as consumer spending slowed considerably, according to a Commerce Department report released Friday. The…
Stocks making the biggest premarket moves: Nike, Apple, Dominion Energy, Carnival and more
Check out the companies making the biggest moves in premarket trading. Nike — Shares dropped nearly 3% following the sports…
Stocks making the biggest moves midday: Occidental Petroleum, Wells Fargo, Micron, Joby and more
Check out the companies making headlines in midday trading. Freyr — Freyr Battery surged 18% after Morgan Stanley upgraded the…
First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision
The U.S. economy showed much stronger-than-expected growth in the first quarter than previously thought, according to a big upward revision…
Stocks making the biggest premarket moves: Joby, Micron, Wells Fargo, Freyr Battery and more
Check out the companies making the biggest moves in premarket trading. Joby Aviation — Joby shares gained another 17% premarket.…
Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test
All 23 of the U.S. banks included in the Federal Reserve’s annual stress test weathered a severe recession scenario while…
