Finance

In this article JPM GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024.  Mike Segar | Reuters The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Daniel Pinto, president and chief operating officer of JPMorgan Chase, speaks during the Semafor 2024 World Economy Summit in Washington, DC, on April 18, 2024. Saul Loeb | AFP | Getty Images JPMorgan Chase said Tuesday that Chief Operating Officer and President Daniel Pinto will

In this article BLK Follow your favorite stocksCREATE FREE ACCOUNT Mark Wiedman, Head of the Global Client Business of BlackRock, attends the Global Financial Leaders’ Investment Summit, in Hong Kong, China Nov. 8, 2023. Tyrone Siu | Reuters Mark Wiedman, a senior BlackRock executive with a tenure that spans more than 20 years, is leaving

In this article COF Follow your favorite stocksCREATE FREE ACCOUNT FILE PHOTO: Signage is seen outside a Capital One Bank in Manhattan, New York, U.S., November 12, 2021.  Andrew Kelly | Reuters The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and

Workers dismantling a mattress. Thomas Lohnes | Getty Images News | Getty Images Consumers in a handful of states are paying to help make the mattress industry more eco-friendly — and more states may follow suit? Four states — California, Connecticut, Oregon and Rhode Island — now levy a flat fee on any mattress or

New electric vehicles destined for Belgium at a port in Taicang city in eastern China’s Jiangsu province on Jan. 11, 2025. Future Publishing | Future Publishing | Getty Images BEIJING — China’s electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive. Sales

Cliff Asness. Chris Goodney | Bloomberg | Getty Images Cliff Asness, co-founder of AQR Capital Management, believes bitcoin is in a speculative bubble after the cryptocurrency’s swift rally carried it above $100,000 following the November presidential election. “I’m on the bubble side, on net,” Asness said on CNBC’s “Money Movers” on Monday. “To move me

An exchange-traded fund provider is helping investors make more bets on Wall Street’s most profitable momentum trades. GraniteShares, which debuted its first installment of single-stock ETFs in 2022, now manages 20 of them. It includes the GraniteShares YieldBoost TSLA ETF (TSYY), which launched last month. The fund gives investors exposure to Tesla. “This is about

Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21, 2024. Kent Nishimura | Bloomberg | Getty Images Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further. In a speech to

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump‘s policies could have, indicating that they would be moving more slowly on interest rate cuts because of the uncertainty, minutes released Wednesday showed. Without calling out Trump by name, the meeting summary featured at least four mentions