Steve Liesman, JPMorgan’s David Kelly, Wolfe’s Stephanie Roth and Morgan Stanley’s Jim Caron, join 'Power Lunch' to discuss the Fed's rate decision and the Federal rate outlook.
Major U.S. banks Morgan Stanley and Bank of America are exploring cryptocurrency service offerings while awaiting regulatory clarity, marking a shift in traditional banking's approach to digital assets.
“While dollar bulls are numerous and perhaps most vocal in expressing their views, there seems to be a more ‘silent’ plurality of investors looking to sell the dollar instead,” strategists including David Adams wrote in a note. “Many have dry powder and are waiting for a sign to enter shorts.”
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
Morgan Stanley is facing scrutiny about how thoroughly it vets prospective clients and their sources of wealth, but so far it's not impacting the investment bank's ability to attract and retain customers, executives said Thursday. Nine months after the ...
The Federal Reserve kept rates unchanged at the January FOMC meeting, maintaining a 4.25-4.50% range as it reassesses the economic landscape and recalibrates policy.
Shares of India's Bajaj Finance rose as much as 6% to an all-time high on Thursday, a day after the non-bank lender reported a quarterly profit surge because of solid loan growth, which analysts said augurs well for its earnings next year.
Investors will need to be vigilant to the potential economic impact of higher-for-longer policy rates, Jupiter Asset Management said, adding that it expects volatility to continue, but government bonds look attractive at these levels as a hedge against an economic surprise.
Vale S.A., one of the world’s largest mining companies, has reported its highest annual iron ore production since 2018.
The Nasdaq & S&P 500 fell after Chinese startup DeepSeek shows AI can be built cheaply, sparking fears AI spending will stall. The blue-chip Dow rose.
US stocks opened lower after Chinese startup DeepSeek's AI model shows AI can be built cheaply. That sparked fears AI spending will stall.
Big earnings moves shake Wall Street as Netflix surges and Big Tech prepares to report. See the trends, stock reactions, and what’s next for investors