Friday, 12 October 2018 JPMorgan Chase & Co reported higher-than-expected quarterly profit on Friday as gains from higher interest rates and a growth in loans helped the bank offset weakness in bond trading revenue.
The stock market has been on a roller coaster ride this week. The Dow Jones Industrial Average traded higher after briefly slipping into negative territory on Friday after the index fell nearly 1,400 points in two days. The S&P 500 was higher on Friday after closing lower for six straight days. The...
Bank of America could see its earnings per share hit the hardest by Federal Reserve stimulus, analysts at Morgan Stanley wrote in a note. The yield curve inverted this week, with the 3-month treasury..
It seems like everyone is talking about the yield curve these days. But for good reason. It could foreshadow the future market conditions. And lately, it's not showing the prettiest picture. The yield..
Sales of higher-margin sports utility vehicles and cost cuts helped Volkswagen shrug off a 1 billion euro legal charge to meet first-quarter operating profit forecasts on Thursday, sending its shares..