Breaking News: Markets

Bank of America customers are spending more and that’s supporting U.S. employment, CEO says

Bank of America‘s customers are spending freely on dining, entertainment and other experiences, which in turn supports U.S. employment, CEO…

Stocks making the biggest moves midday: Southwest Airlines, Goldman Sachs, Bellus Health and more

Check out the companies making headlines in midday trading. Lockheed Martin – Shares of the aerospace and defense contractor gained…

Bank of America CEO Brian Moynihan says he sees a relatively mild recession

Bank of America CEO Brian Moynihan said Tuesday he sees only a slight recession hitting the U.S. as consumers remain…

SEC’s Gensler in congressional hot seat today over climate change and crypto

The House Financial Services Committee will hold a hearing on oversight of the Securities and Exchange Commission this morning. Oversight hearings…

Stocks making the biggest moves premarket: Johnson & Johnson, Goldman Sachs, Sunrun and more

Check out the companies making headlines before the bell on Tuesday. Goldman Sachs — The investment bank said first quarter…

Bank of America posts first-quarter results that top expectations on higher rates

Bank of America on Tuesday reported first-quarter earnings and revenue that topped expectations on the back of higher interest rates.…

Goldman Sachs misses revenue estimates after taking $470 million hit on Marcus loans

Goldman Sachs posted first-quarter results Tuesday that missed analysts’ expectations for revenue after taking a $470 million hit tied to…

Stocks making the biggest moves midday: Alphabet, Charles Schwab, State Street, Moderna and more

Check out the companies making headlines in midday trading. State Street, M&T Bank – Shares of State Street dropped 11%…

Stocks making the biggest moves premarket: Charles Schwab, Dell, Alphabet, HP Inc. & more

Check out the companies making headlines before the bell Monday. Charles Schwab — Shares of Charles Schwab gained 3% on…

Jamie Dimon issues warning on rates: ‘It will undress problems in the economy’

Investors and businesses should plan for interest rates to remain higher for longer than currently expected by the market, according…