Stories tagged: Wall Street
Fri., Jan. 12, 2018, 1:45 p.m.
Wall Street’s Goldman Sachs to offer home improvement loans
Wall Street’s best known investment bank is looking to help you renovate your bathroom.
Sat., Jan. 6, 2018, 11:07 a.m.
Wall Street’s love of tax cuts drove Dow to 25,000 mark
The Dow Jones industrial average surged past 25,000 Thursday, a strong signal of investor enthusiasm for President Donald Trump’s $1.5 trillion tax cut. The milestone comes less than a year …
Tue., Jan. 2, 2018, 8:48 a.m.
Tesla’s scant disclosures leave Wall Street guessing on Model 3
Tesla may have delivered about four times more Model 3 sedans last quarter than in the prior three months, or boosted sales by a factor of 40, depending on which …
UPDATED: Fri., Dec. 29, 2017, 4:25 p.m.
U.S. stocks slide on final trading day of 2017
Wall Street capped 2017 with a loss, weighed down by a broad slide in light trading ahead of the New Year’s holiday.
UPDATED: Thu., Nov. 30, 2017, 7:02 p.m.
Even with stocks at record highs, experts see ‘Santa’ jump
December on average is the best month for stocks. Investors call the gains a Santa Claus rally: a late-year boost that helps the markets end on a high note. Although …
Thu., Nov. 23, 2017, 4:58 p.m.
Tax loopholes for Wall Street’s wealthiest loom in House bill
Lawmakers who sped a bill through the U.S. House last week may have handed a few more goodies to Wall Street’s wealthiest than they realize.
UPDATED: Wed., Nov. 8, 2017, 3:17 p.m.
AT&T exec says ‘uncertain’ when Time Warner deal will close
AT&T now says it’s “uncertain” when its $85 billion Time Warner purchase will close.
Wed., Oct. 25, 2017, 9:26 a.m.
Big banks score win with scrapping of consumer dispute rule
President Trump and Republicans in Congress handed Wall Street banks a big victory by effectively killing off a politically popular rule that would have allowed consumers to band together to …
Wed., Oct. 25, 2017, 9:02 a.m.
White House welcomes Senate vote killing consumer rule
The White House is welcoming a congressional measure killing the ability of millions of Americans to band together to sue bank or credit card companies to resolve financial disputes in …
Mon., Sept. 18, 2017, 8:20 a.m.
Roku aims to raise $252 million with IPO
Video streaming pioneer Roku hopes to raise just over $252 million in an initial public offering as it tries to expand into more households.
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 …
Wed., Aug. 2, 2017, 7:57 a.m.
Apple takes Dow over 22,000 points; other stocks are mixed
A big gain from Apple Wednesday morning sent the Dow Jones industrial average above 22,000 for the first time. Most other industries were trading lower, with health care and household …
UPDATED: Wed., July 26, 2017, 4:28 p.m.
Fed keeps key interest rates unchanged amid low inflation
The Federal Reserve is keeping its benchmark interest rate unchanged at a time of low inflation, which remains persistently below the Fed’s target level.
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 …
Tue., July 18, 2017, 8:12 a.m.
NYSE sounds warning about regulations choking off U.S. IPOs
Regulations have made it more difficult to raise capital through stock sales, choking off access to vital capital for fledgling companies, the New York Stock Exchange’s chief told members of …
UPDATED: Thu., June 15, 2017, 7:33 p.m.
This is peak investing: Stocks, bonds and concerns are up
If it feels precarious to have so many investments doing so well, particularly when the economy itself is still growing only modestly, markets are giving few indications of worry.
Sun., June 11, 2017, 3 a.m.
Motley Fool: Its non-refining interests make Phillips 66 worth a look
Its businesses of chemicals, midstream, and marketing and specialties have kept it in the green during the refining sector’s recent challenges, and those segments hold the company’s most compelling growth …
UPDATED: Tue., June 6, 2017, 5:13 p.m.
General Motors shareholders reject stock split
General Motors shareholders have overwhelmingly turned down an activist shareholder’s plan to split the company’s stock into two classes.
UPDATED: Tue., May 30, 2017, 10:07 a.m.
Amazon’s stock tops $1,000 for the first time
Amazon, the e-commerce giant that has changed how much of the world shops for books, toilet paper and TVs, hit a new milestone. Its stock topped $1,000 for the first …
Fri., May 19, 2017, 8:27 a.m.
Foot Locker stock plunges after blaming tax-refund lag for slowdown
Foot Locker Inc. suffered its worst stock decline in more than eight years after first-quarter results missed analysts’ estimates, an outcome the retailer blamed in part on slow income-tax refunds.
UPDATED: Wed., May 17, 2017, 1:43 p.m.
Stocks have worst day since September as traders worry about Washington turmoil
Stocks dropped and foreign currencies gained against the U.S. dollar as the weeklong drumbeat of bad news surrounding the Trump administration sows doubts about whether the president’s pro-business policies will …
Tue., May 9, 2017, 4:54 p.m.
Eight senators seek insider trading investigation of Carl Icahn
Eight U.S. senators have requested an investigation into whether a billionaire investor and adviser to President Donald Trump violated insider trading rules with bets made in the renewable fuel credit …
Sun., May 7, 2017, 8 a.m.
Why Wall Street can’t stop talking about its favorite show
The hedge fund industry is a secretive world led by tight-lipped titans who make more than $1 billion a year. It shouldn’t enjoy having its quirky habits probed on television. …
Sun., May 7, 2017, 7:35 a.m.
Women, minorities are still nearly shut out of this $71 trillion industry
Women and minorities are locked out of some of Wall Street’s most lucrative positions, managing just 1.1 percent of the $71.4 trillion of the industry’s assets, according to a report …
Wed., May 3, 2017, 3:34 p.m.
Dems shift financial debate to spotlight Trump’s empire
The Republican drive to overhaul financial regulations on Wednesday turned into a contentious debate over Democratic efforts to cast a spotlight on President Donald Trump’s business empire and his refusal …
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 …
Tue., May 2, 2017, 7:57 a.m.
GOP targets Dodd-Frank law enacted after 2008 financial meltdown
Republicans who eagerly awaited a GOP president so they could take a heavy knife to many of the regulatory requirements for banks, insurers and other financial institutions finally get their …
UPDATED: Mon., May 1, 2017, 4:10 p.m.
Trump weighs breaking up Wall Street banks, raising gas tax
President Donald Trump said he’s actively considering a breakup of giant Wall Street banks, giving a push to efforts to revive a Depression-era law separating consumer and investment banking.
Tue., April 25, 2017, 8:34 a.m.
Wells Fargo faces shareholders, protesters at annual meeting
Wells Fargo’s top management and board of directors apologized to investors and faced a series of protesters Tuesday at the first big shareholder meeting since a scandal over sales practices …
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 …