Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says
In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are…
Chewy stock pops 34% after Roaring Kitty posts a dog picture, then gives it all back
Chewy shares rallied dramatically on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X…
JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
JPMorgan Chase said late Wednesday that the Federal Reserve overestimated a key measure of income in the giant bank’s recent…
Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe…
Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work
Morgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expected to take…
Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
How’s your 401(k) looking? A new report shows Americans are saving more, but probably need to do even more. Vanguard has…
The stock market is in its longest stretch without a 2% sell-off since the financial crisis
Wall Street’s climb to record highs has come with conspicuously little volatility. The S&P 500 has gone 377 days without…
Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans
Banking regulators on Friday disclosed that they found weaknesses in the resolution plans of four of the eight largest American…
Nearly $109 million in deposits held for fintech Yotta’s customers vanished in Synapse collapse, bank says
Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app…
