Federal Reserve unveils toned-down banking regulations in victory for Wall Street
A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts…
Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its…
Stocks making the biggest moves midday: Palantir Technologies, Summit Therapeutics, JetBlue Airways and more
Check out the companies making headlines in midday trading: Palantir Technologies, Dell Technologies — Palantir and Dell jumped 14% and…
Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification
Saudi Minister of Investment Khalid al-Falih pushed back against skepticism over the country’s economic diversification plan, as Riyadh touts “green…
3 ways Wall Street’s largest banks are leveraging AI to increase profitability
Big banks are jumping into the AI arms race.
Here’s where the jobs are for August 2024 — in one chart
The August jobs report came in weaker than expected, and employment growth by different industries showed a mixed bag for…
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the…
