NYCB shares jump 30% after CEO gives two-year plan for ‘clear path to profitability’
New York Community Bank on Wednesday posted a quarterly loss of $335 million on a rising tide of soured commercial…
Bitcoin extends its slide to start May, falling to $57,000 as Fed leaves rates unchanged
Bitcoin slid to its lowest level in over two months to kick off May, as the Federal Reserve held interest…
New Calamos ETF promises ‘100% downside protection.’ Here’s how it works
A new ETF designed to shield investors from the risk of market volatility starts trading on Wednesday. The Calamos S&P…
This is the level where the 10-year Treasury yield becomes a ‘clear problem’ for stocks, Goldman study shows
The volatility in the bond market has had equity investors on their toes for months, but at what point will…
McDonald’s and other big brands warn that low-income consumers are starting to crack
Some of America’s best-known corporations are saying their consumers are being pinched by inflation as prices continue rising. Inflation has…
‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics
ARK Invest’s chief futurist lists five groups that should give tech investors an edge. According to Brett Winton, robotics, artificial…
Why ARK Invest thinks it’s an ‘amazing time’ to invest in cutting-edge tech
ARK Invest is betting big on private tech companies. “It’s an amazing time to invest in innovation,” the firm’s chief…
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.…
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
A Russian court sided with state-run lender VTB Bank in its efforts to recoup $439.5 million from JPMorgan Chase that…
