Morgan Stanley tops estimates on better-than-expected bond trading revenue
Morgan Stanley on Wednesday topped estimates for first-quarter profit and revenue on better-than-expected trading results. Here’s how the company did:…
Bank of America CEO Brian Moynihan says he sees a relatively mild recession
Bank of America CEO Brian Moynihan said Tuesday he sees only a slight recession hitting the U.S. as consumers remain…
SEC’s Gensler in congressional hot seat today over climate change and crypto
The House Financial Services Committee will hold a hearing on oversight of the Securities and Exchange Commission this morning. Oversight hearings…
Bank of America posts first-quarter results that top expectations on higher rates
Bank of America on Tuesday reported first-quarter earnings and revenue that topped expectations on the back of higher interest rates.…
Goldman Sachs misses revenue estimates after taking $470 million hit on Marcus loans
Goldman Sachs posted first-quarter results Tuesday that missed analysts’ expectations for revenue after taking a $470 million hit tied to…
Market may ignore recession for first time since 1945, RBC’s top strategist Lori Calvasina finds
Wall Street may be ripping a page out of the post-WWII era. According to RBC Capital Markets’ Lori Calvasina, stocks…
This one-of-a-kind suite of ETFs may help investors during economic slumps
Investors may have a new way to generate income during economic declines. Innovator launched a one-of-a-kind suite of barrier ETFs…
Larry Fink doesn’t see a big recession this year, but expects inflation to stay higher for longer
Larry Fink, chairman and CEO of BlackRock, believes the U.S. could skirt a major economic downturn this year, but inflation…
