Stories tagged: finance
Wed., Nov. 1, 2017, 10:04 a.m.
Robots in finance bring new risks to stability, regulators warn
Banks and hedge funds that rely on artificial intelligence threaten to inject risks into the financial system that could exacerbate a future crisis, according to global regulators.
Thu., Sept. 14, 2017, 2:15 p.m.
Equifax victims may face another hassle in buying an iPhone
Apple fans who froze their credit after the Equifax data breach may end up with another hassle on their hands if they try to get one of the new iPhones …
UPDATED: Fri., Aug. 25, 2017, 2:29 p.m.
Yellen defends banking overhaul passed after 2008 crisis
Federal Reserve Chair Janet Yellen on Friday defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system’s health and …
Wed., Aug. 23, 2017, 8:02 a.m.
SEC invites public comment on potential sale of Chicago Stock Exchange
The proposal by a group of Chinese investors to buy the Chicago Stock Exchange is on hold while the Securities and Exchange Commission takes time to consider letters from the …
Wed., Aug. 2, 2017, 8:47 a.m.
Stock market’s Goldilocks rally still has growth potential
The “Goldilocks” rally still has juice. That perfect environment to sustain broad market gains – when global growth is fast enough to lift corporate profits, but tame enough to keep …
UPDATED: Wed., July 19, 2017, 3:51 p.m.
Wall Street efforts to improve its image fail to sway Americans
Bad news for financial titans like JPMorgan Chase’s Jamie Dimon and Goldman Sachs Group’s Lloyd Blankfein: Most Americans hold unfavorable views of Wall Street banks and corporate executives, and distrust …
UPDATED: Wed., June 14, 2017, 3:45 p.m.
Fed raises key rate, unveils plan to reduce bond holdings
The Federal Reserve has raised its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. The Fed …
UPDATED: Thu., June 8, 2017, 6:17 p.m.
GOP-run House votes to roll back post-2008 financial rules
The Republican-led House approved sweeping legislation Thursday to undo much of former President Barack Obama’s landmark banking law created after the 2008 economic crisis that caused millions of Americans to …
Thu., May 18, 2017, 8:57 a.m.
Many women think men are the better investors; they’re not
After checking how 8 million of its customers did during 2016, Fidelity Investments found that women earned 6.4 percent on their portfolios. Its male customers made slightly less: 6 percent.
Mon., May 15, 2017, 8:28 a.m.
Moody’s buying Bureau van Dijk for about $3.27 billion
Credit ratings agency Moody’s Corp. is buying financial data company Bureau van Dijk for about $3.27 billion.
Wed., May 10, 2017, 2:42 p.m.
Czechs rally against country’s president, finance minister
Tens of thousands of people rallied on Wednesday in the Czech Republic’s capital and other major cities against President Milos Zeman and Finance Minister Andrej Babis.
Thu., May 4, 2017, 9:14 a.m.
EU eying rules that could move key London financial market
The European Union is preparing new rules that could force a key financial market, and potentially thousands of jobs, to leave London once Britain exits the bloc.
Wed., May 3, 2017, 8:17 a.m.
House GOP blocks Dem efforts to protect consumer watchdog
House Republicans on Wednesday blocked Democratic efforts to preserve the independence of a consumer watchdog created after the 2008 economic meltdown as the GOP pressed ahead with an overhaul of …
Mon., April 24, 2017, 8:07 a.m.
U.S. stocks follow global markets higher after French election
U.S. stocks joined a worldwide rally Monday morning after election results in France over the weekend raised expectations that the European Union and euro currency will remain intact. A candidate …
UPDATED: Sat., April 22, 2017, 9:54 p.m.
Global finance leaders grapple with globalization fears
Global finance leaders on Saturday dropped a sharp condemnation of trade protectionism and references to climate change from a closing statement that wrapped up the spring meetings of the 189-nation …
Fri., March 31, 2017, 8:23 a.m.
South Africa faces turmoil after firing of finance minister
South Africa faced political and financial turmoil on Friday after President Jacob Zuma fired the finance minister in a Cabinet reshuffle, intensifying a rift in the party that took power …
Tue., March 28, 2017, 8:28 a.m.
U.S. stock indexes veer higher as consumer confidence gains
U.S. stock indexes moved slightly higher in morning trading Tuesday as investors weighed the latest batch of company earnings and economic news. New data showed strong gains in consumer confidence …
Sun., Dec. 25, 2016
The Motley Fool: CVS Health has a healthy future
It’s been a tough road recently for shareholders of drugstore giant CVS Health (NYSE: CVS). The company has shown moderate results in its front-of-the-store business (think shampoo, diapers, soap, chips …
Sun., Dec. 18, 2016
The Motley Fool: Apparel giant overcomes forgettable name to deliver unforgettable performance
Some of the best stocks fly under the radar of most investors. V.F. Corp. (NYSE: VFC), with an eminently forgettable name, is one such company.
Mon., Dec. 12, 2016, 9:50 a.m.
With Fed expected to hike rates, attention turns to what it says
There isn’t much doubt about what the Federal Reserve will do when its latest policy meeting ends Wednesday: It’s all but certain to raise its benchmark interest rate – its …
Mon., Dec. 12, 2016, 9:02 a.m.
Supreme Court upholds broad reach of bank fraud law
The Supreme Court on Monday upheld the broad reach of a federal law prohibiting bank fraud, a ruling that gives the government more leeway to prosecute financial crimes.
Sun., Dec. 11, 2016
The Motley Fool: Calling Verizon
Over the trailing 12 months, Verizon has generated more than $28 billion in cash from operations, allowing it to reinvest in its business while leaving plenty left over for its …
Sun., Dec. 11, 2016
Gold ‘getting hit from all directions’ as investors flee funds
Everything’s against gold at the moment. Gold futures closed at the lowest level since February as the Federal Reserve gears up to raise rates, while U.S. equities at record levels …
Sat., Dec. 10, 2016, 6:38 a.m.
Trump deepens Goldman Sachs ties as he builds out economic team
In the heat of the presidential campaign, Donald Trump accused primary rival Ted Cruz of being controlled by Goldman Sachs because his wife, Heidi, previously worked for the Wall Street …
Thu., Dec. 8, 2016, 1:58 p.m.
Bullish investors push stocks to all-time highs
After a quiet start, major U.S. stock indexes again set all-time highs Thursday afternoon as the market built on a surge the previous day. Banks continued to lead the way …
Wed., Dec. 7, 2016, 8:04 a.m.
Two Abu Dhabi banks to merge into largest Gulf Arab bank
Stockholders at two Abu Dhabi banks have agreed to a plan to merge the firms, which would create the biggest bank in the Gulf.
Sun., Dec. 4, 2016
The Motley Fool: Skyworks Solutions takes to the skies
Skyworks Solutions is a play on the future of the Internet of Things (IoT).
Thu., Dec. 1, 2016, 1:56 p.m.
Oil and banks take Dow to new highs, but tech companies dive
Technology companies plunged Thursday, and high-dividend stocks also took hefty losses as bond yields rose to their highest level in more than a year. But more big gains for blue-chip …
Tue., Nov. 29, 2016, 2:13 p.m.
Giving the gift of financial well-being at the holidays
Instead of the latest toy or gadget, some people are trying to give their loved ones more financial security this holiday season.
Tue., Nov. 29, 2016, 8:57 a.m.
U.S. bank earnings up nearly 13 percent in 3Q
U.S. banks’ earnings in the July-September period jumped nearly 13 percent from a year earlier as continued growth in lending fueled interest income.