business news

Stocks making the biggest moves premarket: First Republic, JPMorgan Chase, SoFi Technologies & more

Check out the companies making headlines before the bell: First Republic Bank, JPMorgan Chase — First Republic shares were halted…

Sudan conflict shows no sign of easing, U.N. warns of breaking point

As foreign states wind down their evacuations from Sudan, the United Nations warned of a humanitarian “breaking point” with no…

JPMorgan Chase takes over First Republic after biggest U.S. bank failure since 2008

Regulators took possession of First Republic on Monday, resulting in the third failure of an American bank since March, after…

Charlie Munger says the U.S. commercial property market is in trouble: FT report

Charlie Munger believes there is trouble ahead for the U.S. commercial property market. The 99-year-old investor told the Financial Times…

Philippines’ Marcos to forge stronger relationship with U.S. during visit

Philippine President Ferdinand Marcos Jr. said his meeting with U.S. President Joe Biden on Monday was essential in advancing his…

Big banks including JPMorgan Chase, Bank of America asked for final bids on First Republic

U.S. regulators have asked banks for their best and final takeover offers for First Republic by Sunday afternoon, in a…

Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it

As luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to…

31% of new crypto buyers influenced by friends. Here’s why that can be ‘a horrible idea,’ advisor says

When it comes to cryptocurrency like bitcoin, new investors are often motivated by friends to take the plunge, according to…

Actively managed funds come with unique risks and rewards. Here’s how investors can pick a winner

As investors navigate another uncertain year in markets, actively managed funds could add differentiated performance to their portfolios – if…

Stocks making the biggest moves midday: First Republic, Snap, Amazon, Intel and more

Check out the companies making headlines in midday trading. First Republic — Shares of the regional bank fell by 43.3%…