Higher rates are starting to pick up on the mood of a surge in stocks and corporate bonds. More than half of fund managers selected by BofA Global Research in January say …
Read More »Italy launches largest mafia trial in Decades
Rome: Italy’s biggest mafia trial in decades began on Wednesday, as the country’s authorities seek to rein in ‘Naurangatta’, one of the world’s richest and most powerful crime syndicates. There are allegations …
Read More »Best of CES 2021: The Weirdest and Most Marvelous Gadget of the (Virtual) Tech Show
CES 2021 was unlike any trade show we experienced. Because of the Kovid-19, it was “all digital”, which actually meant “most websites.” To find hot stuff this year, we did not want …
Read More »Wells Fargo stock falls as revenue rebate
Word size Revenue was lower than the fourth quarter of 2019. Justin Sullivan / Getty Images Wells Fargo Shares are slipping after reporting revenue by a San Francisco-based bank that was lower …
Read More »Jump to JP Morgan earnings as Outlook Brightons. The stock is down.
Word size JPMorgan Chase still has more than $ 30 billion in credit reserves. Cindy Ord / Getty Images J. P. Mourgan Chase’s fourth quarter results came out better than expected, but …
Read More »Exxon draws SEC investigation on Permian Basin Asset Valuation
The Securities and Exchange Commission launched an investigation by Exxon Mobil Corp after an employee filed a whistleblower complaint alleging that the energy giant had sold one of its most important oil …
Read More »Exxon draws SEC investigation on Permian Basin Asset Valuation
The Securities and Exchange Commission launched an investigation by Exxon Mobil Corp. after an employee filed a whistleblower complaint alleging that the energy giant had sold one of its most important oil …
Read More »JPMorgan Profit reserves 42% of bad loans after bank loans
JPMorgan Chase & Co. posted its highest quarterly profit after issuing $ 2.9 billion, which it set to cover individual debts. The bank’s profit rose 42% to $ 12.14 billion, or $ …
Read More »Tesla’s new $ 950 share price target in Vesush is the highest on Wall Street, but analysts still won’t say buy
Tesla Inc. received another sharp endorsement on Friday from Wesbush’s prolific analyst Dan Ives, who raised his stock price to 33%, but he would still not advise investors to buy the stock. …
Read More »US ban Americans from investing in Xiaomi but spares Alibaba, Tencent and Baidu
Smartphone giant Xiaomi Corp. It became the latest Chinese technology conglomerate to be targeted by the Trump administration, with its US investment sent to the blacklist surprisingly sharply reducing its shares. Apart …
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