News

Bank of America is set to report first-quarter earnings — here’s what Wall Street expects

Will Bank of America follow rivals in posting better-than-expected Wall Street revenue?

Freetrade, Britain's answer to Robinhood, posted its first quarterly profit

British stock trading app Freetrade hit breakeven earlier this year, the company told CNBC, marking its first-ever move into the black.

Goldman Sachs reports earnings before market open — here's what the Street expects

Goldman Sachs CEO David Solomon has taken his lumps in the past year, but hope is building for a turnaround.

'Buffett really was not a great stock picker': Financial researcher Larry Swedroe on how investors can emulate the billionaire investor

Larry Swedroe, who's considered one of the market's most esteemed researchers, thinks Warren Buffett's investment style doesn't work well anymore.

90% of qualifying electric vehicle buyers opt for $7,500 'new clean vehicle' tax credit as upfront payment, Treasury says

Most qualifying buyers of new electric vehicles choose to get their tax break as an advance payment instead of waiting until tax season.

Citigroup tops estimates for first-quarter revenue, helped by trading results

Citigroup CEO Jane Fraser has finished her sweeping corporate overhaul, including thousands of layoffs — now what?

Wells Fargo shares fall as lower interest income cuts into profits

Wells Fargo shares fell Friday after the bank reported first-quarter earnings that showed a decline in interest income.

JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects

JPMorgan Chase will be watched closely for clues on how banks fared at the start of the year.

Physical gold offers more protection than mining stocks, says State Street’s George Milling-Stanley

Gold bars can be a valuable hedge during stock market weakness, according to gold expert George Milling-Stanley.

What to expect from bank earnings as high interest rates pressure smaller players

JPMorgan Chase, the nation's largest lender, kicks off earnings for the industry on Friday, followed by Bank of America and Goldman Sachs next week.

Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer

Halio's new role encompasses authority over the firm's more than $1.6 trillion balance sheet. She'll report to Chief Financial Officer Denis Coleman.

'Lose-lose situation': New Swiss bank laws could derail UBS' challenge to Wall Street giants

Switzerland's new banking regulations create a "lose-lose situation" for UBS and may limit its potential to challenge Wall Street, says Beat Wittmann of Porta Advisors.
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