business

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…

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.…

Goldman Sachs tops estimates on better-than-expected fixed income trading

Goldman Sachs said Monday that it topped profit and revenue estimates on better-than-expected fixed income results and smaller-than-expected loan loss…

JPMorgan Chase tops second-quarter revenue expectations on strong investment banking

JPMorgan Chase on Friday posted second-quarter profit and revenue that topped analysts’ expectations as investment banking fees surged 52% from…

Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers

There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the…