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Banking: Bank of America, Wells Fargo lead gains in big-bank stocks to add to November’s win

Some bank stocks saw their best monthly performance since October 2022, as talk of potential rate cuts lured cash off the sidelines.

: What Apple Card users need to know about Apple’s potential breakup with Goldman Sachs

It's possible the rate on Apple's high-yield savings account could change, but not necessarily in the direction users would want.

Front Office Sports: David Tepper’s Panthers tenure highlights the problem of investors-turned NFL owners

As his last 5 years as Panthers owner have shown, buying stakes in distressed and undervalued companies isn’t the same as running an NFL franchise. 

The Fed: Powell won’t endorse market expectations for quick rate cuts

Powell is likely to “lean against against the notion that there are cuts imminent."

In One Chart: U.S. stocks are poised to record their best month in over a year. That’s good for the market in December and 2024. 

Stocks are poised to finish November sharply higher, and the momentum is likely to continue through December and into next year, based on historical data.

The Tell: Almost $6 trillion cash pile in money markets may need to start being redeployed soon, Janus Henderson says

There's almost $6 trillion of cash sitting on the sidelines in money-market funds, with the potential for some portion of it to be reallocated into "carefully selected risk assets," according to Ali Dibadj, chief executive of London-based Janus Henderson Investors.

Commodities Corner: Why oil prices are dropping despite OPEC+ pledge to make additional production cuts early next year

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Lawrence G. McMillan: Stock buyers are enjoying early holiday gifts that look to keep on giving

Investors are setting their sights on the S&P 500's all-time high.

: Activist investor Nelson Peltz seeks seats on Disney board

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The Tell: Classic ’60-40′ mix of stocks and bonds surges in November, heads for best performance since 2020, Bespoke finds

Traditional 60-40 portfolio's gains in November are shaping up to be the second-biggest in more than 30 years, according to Bespoke.

: Who says corporate bonds are dull? Apple’s bonds have seen equity-like returns in the past month

Investors savvy enough to buy Apple bonds in October have enjoyed equity-like returns.

: Wells Fargo avoided paying overtime to ‘understaffed’ workers, class-action lawsuit claims

"Wells Fargo systematically understaffs its branch locations," the lawsuit says.
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