business news

‘Preparation overload’: Democrats defend Biden after debate flop as voter support flinches

Democrats are making the rounds on the Sunday media circuit working to reshape perceptions about President Joe Biden after he…

Biden campaign fundraises $27 million after first debate

The Biden campaign has raised $27 million starting from the day of the first presidential debate through Friday evening, a…

Growth, value stocks could see boost from Russell rebalancing

A bullish move may be ahead for both value and growth in the year’s second half. VettaFi’s Todd Rosenbluth thinks…

Obama, Clinton excuse Biden’s debate performance to fend off Democratic meltdown: ‘Bad debate nights happen’

Former Presidents Barack Obama and Bill Clinton on Friday tried to do some damage control following President Joe Biden’s debate…

New York Times editorial board urges Biden to drop out of presidential race

The New York Times editorial board on Friday urged President Joe Biden to exit the presidential election contest against Donald…

JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps

JPMorgan Chase and Morgan Stanley said Friday that they were boosting both dividend payouts and share repurchases, while rivals Citigroup…

Financial crimes watchdog removes Turkey from money laundering ‘gray list’

The Financial Action Task Force, an international watchdog organization dedicated to combating money laundering and illicit cash flows, on Friday…

Supreme Court rejects bid by former Trump aide Steve Bannon to avoid jail in Jan. 6 contempt case

The Supreme Court on Friday rejected a last-ditch effort by former Trump White House aide Steve Bannon to avoid reporting…

Biden debate flop leads Democrats to call for new nominee — but replacing him is tough to do

President Joe Biden’s raspy, unfocused, often inarticulate and widely panned debate performance stoked deep anxiety among Democrats — and caused…