JPMorgan backs off recession call even with ‘very elevated’ risks
JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a…
Carl Icahn’s company stock drops 23% after IEP slashes quarterly dividend in half
Shares of Carl Icahn’s conglomerate Icahn Enterprises experienced a sharp sell-off Friday after the firm slashed its quarterly dividend in…
Warren Buffett says he’s not worried about Fitch’s U.S. downgrade
Warren Buffett shrugged off Fitch’s U.S. credit rating downgrade, noting it doesn’t change what his conglomerate, Berkshire Hathaway, is doing…
U.S. debt downgrade sinks global markets — but economists are not concerned
Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the United States’ long-term credit rating — but top…
State Street is cutting fees on 10 funds worth more than $70 billion combined
Asset management giant State Street is reducing the fees investors pay for a group of core ETFs, the company announced…
