Articles

New York Community Bank says deposits have grown and liquidity is ‘ample,’ in wake credit rating downgrade

New York Community Bancorp Inc. moved to try to reassure investors Wednesday, by saying total deposits have increased in the last several weeks and that it had “ample” liquidity.

CVS’s stock gains as profit beat offset lowered outlook on higher medical costs

The healthcare-services and drugstore chain beat fourth-quarter profit expectations by a wide margin, but lowered its full-year outlook because of “elevated medical cost trends.”

Athens International Airport shares surge following Greece’s most successful IPO in decades

Shares in the airport were up 14% on their first day of trading following the transport hub’s public float

Oil prices edge higher as traders weigh U.S. supply data

Oil futures edge higher early Wednesday.

U.K. housebuilders agree $3.2 billion merger amid signs of recovery in property market

Britain’s biggest homebuilder Barratt Developments agreed on Wednesday to purchase rival Redrow for £2.52 billion ($3.18 billion) as signs emerged of a recovery in the U.K. housing market.

Don’t count on a soft landing for the U.S. — or the global economy

Developments in China, Europe, and the United States portend big challenges ahead.

Mortgage demand inches up, despite 30-year mortgage rate reaching towards 7%

Mortgage applications rose 3.7% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.8%.

Social Security’s longevity insurance protects those with uncertain life expectancies

The insurance enhances Social Security’s role of offsetting racial inequality.

Anheuser-Busch InBev stock rises as Trump says Bud Light maker should get second chance

Anheuser-Busch InBev shares saw their best one-day rise in three months on Wednesday after getting an endorsement from former President Donald Trump, who said people should give the brewer a second chance.

It’s halfway through earnings season. Tom Lee has four reasons results are better than they appear.

Why corporate America is holding up better than earnings suggest.

Central bankers should avoid groupthink and start learning lessons from history, ECB’s Isabel Schnabel says

Isabel Schnabel said central bankers were too quick to brush aside warnings about the threat of inflation in 2020 due to being caught up in their own thinking

S&P 500 futures hold the line ahead of another batch of earnings and Fedspeak

U.S. stock futures pointed to a mildly mixed start just shy of record highs on Wednesday as bond markets were calmer and investors eyed more corporate earnings.
1 878 879 880 881 882 1,707