High company valuations a ‘worry,’ IMF’s capital markets chief says
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF’s…
Biden fund gets big donation from son of Republican megadonor Larry Ellison
David Ellison, the son of Republican megadonor Larry Ellison, gave $929,600 to back the reelection efforts of President Joe Biden,…
Trump Media shares close down more than 14%, company says Truth Social to launch TV streaming
The price of Trump Media shares closed trading more than 14% lower Tuesday, hours after after the company announced its…
Morgan Stanley tops expectations on wealth management, trading and investment banking results
Morgan Stanley on Tuesday posted results that topped analysts’ estimates for profit and revenue as wealth management, trading and investment…
Bank of America tops estimates on better-than-expected interest income, investment banking
Bank of America on Tuesday reported first-quarter earnings that topped analysts’ estimates for profit and revenue on better-than-expected interest income…
New York tax preparer charged with causing more than $100 million in losses from fraudulent returns
A New York tax preparer was arrested Monday on charges related to causing “substantially” more than $100 million in tax…
Lockheed wins U.S. missile defense contract worth $17 billion, sources tell Reuters
Lockheed Martin has been awarded a $17 billion contract to develop the next generation of interceptors that would guard the…
