JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates
The trimmed profit view for Goldman Sachs during the quarter came as Chief Executive David Solomon warned on Sept. 10 that the bank is seeing a roughly $400 million hit to revenue from a drop in ...
Student-loan delinquencies poised to rise substantially, according to Deutsche Bank
Student-loan delinquencies, after an extended pandemic-related pause in payments on roughly $1.5 trillion in debt, look set to climb substantially, according to researchers at Deutsche Bank.
Medicare's $2,000 cap on out-of-pocket drug expenses will actually cost most members more money
Medicare Part D beneficiaries will have a $2,000 cap on out-of-pocket costs for covered drugs beginning in 2025 - but where some people will save, others will inadvertently pay, one author and ...
More older workers with disabilities are finally getting hired. Thank remote work.
First, a higher share of the working-age population now reports having a disability, which means that the composition of people with disabilities may have shifted to those with higher work capacity.
Bets oil will hit $100 a barrel surge on fears of wider Middle Eastern war
Bets for $100 a barrel crude are going up for both WTI and global benchmark Brent crude "because of the most significant risk to Middle Eastern oil supplies in decades," said Flynn.
Kamala Harris buoyed by jobs report, inflation numbers with election a month away
Friday's robust jobs report for September landed with about a month until Election Day - and the better-than-expected data could turn out to be a boon for Vice President Kamala Harris's presidential ...
Why Cisco is looking at investing in CoreWeave, a hot AI startup
Officials at Cisco (CSCO) and CoreWeave did not immediately respond to a request for comment. On Friday, Bloomberg reported that Cisco has agreed to invest in CoreWeave, a cloud-service provider based ...
Strong September Jobs Report Sets Stage for Smaller Fed Rate Cut
In the wake of the September jobs report, expectations have largely vanished for the Fed making a second half-percentage ...
Recent SEC Settlement Doesn’t Change GQG’s Ratings
Agency said the fund firm’s nondisclosure agreements included provisions that could inhibit whistleblowers; no ...
3 Lessons From Recent Stock Market Drama
What’s clear is that the cycle of greed and fear has been turning. Also clear are signs of change within market leadership.
U.S. stock market has 'never been healthier' according to this key measure
By this measure, the stock market has seldom been healthier, said Mark Hackett, chief of investment research at Nationwide. He told MarketWatch that four things were converging to push stocks higher: ...
The U.S. port strike is over. This is what it means for transportation and shipping stocks.
Late Thursday the International Longshoremen's Association and the United States Maritime Alliance (USMX) said they have reached a tentative agreement on wages and agreed to extend their Master ...