Breaking News: Markets

Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates

Gold jumped to a record Tuesday as rising expectations of a September interest rate cut bolstered demand for bullion. Gold…

Small caps are the hottest trade going in the stock market now and they surged another 3% Tuesday

Small-cap stocks are on a tear right now as they took the baton from megacap technology shares last week to…

Morgan Stanley tops estimates on stronger-than-expected trading and investment banking

Morgan Stanley said second-quarter profit and revenue topped analysts’ estimates on stronger-than-expected trading and investment banking results. Here’s what the…

Bank of America shares jump 5% after saying net interest income rebound is coming

Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees.…

Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates

Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut…

Watch Fed Chair Jerome Powell’s remarks on interest rate policy and the economy

[The stream is slated to start at 12:30 p.m. ET. Please refresh the page if you do not see a…

Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence

The leaders of Wall Street’s most powerful firms are speaking out to condemn the attempted assassination of former President Donald…