May 31, 2023 7:14 am ET A former top JPMorgan Chase executive said in legal documents that for years he communicated with Chief Executive Jamie Dimon about the bank’s business with convicted sex offender Jeffrey Epstein—setting the stage for a conflict with his former boss, who maintains he had no such conversations. Copyright ©2023 Dow… Read More »
Text size SoFi Technologies stock has fallen 24% over the past year. Gabby Jones/Bloomberg The debt-ceiling agreement struck over the weekend would reinstate government student loan repayments, which have been halted for more than three years. That should benefit the online personal finance company SoFi Technologies (SOFI), which refinances student loans. President Joe Biden and… Read More »
Text size Nvidia unveiled new AI products over the weekend. Dreamstime Stocks were mixed Tuesday after a deal was agreed to extend the U.S. debt ceiling for two years over the Memorial Day weekend. Tech stocks—and AI-focused companies, in particular—were once again leading markets higher. These stocks were making moves Tuesday: Nvidia stock (ticker: NVDA)… Read More »
By Peter Rudegeair and Angel Au-Yeung May 27, 2023 7:00 am ET Vivek Ramaswamy was explaining to conservative commentator Glenn Beck why he was running for president when he veered off into a tangent about the flaws in a 65-year-old economic theory. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Continue reading… Read More »
Tech Stock Rally Leaves Small-Caps in the Dust Follow Us on Google News
What Costco’s Baskets Reveal About Consumer Finances Follow Us on Google News
Text size PacWest shares were rising early Monday. Getty Images PacWest Bancorp , a regional lender that’s come under fire from investors amid market turmoil, was rising early Monday as it sold off real estate loans. The stock (ticker: PACW) was up 4% in the premarket. It’s down about 50% over the past month. PacWest… Read More »
A Professor Spent Years Helping His Mother. Now He Needs to Figure Out His Finances. Follow Us on Google News
Text size Al Drago/Bloomberg About the author: Stephen Miran is co-founder at Amberwave Partners, adjunct fellow at the Manhattan Institute, and former senior advisor at the U.S. Treasury, 2020-21. The Federal Reserve, after raising overnight interest rates to “sufficiently restrictive” levels, has suggested its intent to leave them above 5% for as long as it… Read More »
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Follow Us on Google News
Text size Shares of KeyCorp and other regional banks were falling on Friday. Photograph by Ty Wright/Bloomberg Bank stocks slumped Friday after a report said Treasury Secretary Janet Yellen told bank chief executives that more bank mergers may be necessary. Shares of regional banks were tumbling Friday. Western Alliance Bancorp. (ticker: WAL) shed 2.9%, KeyCorp (KEY)… Read More »
Wells Fargo Agrees to Pay Shareholders $1 Billion to Settle Class-Action Suit Follow Us on Google News
Berkshire Hathaway Opens New Position in Capital One, Exits BNY Mellon Follow Us on Google News
Text size SoFi Technologies CEO Anthony Noto. Sean M. Haffey/Getty Images SoFi Technologies insiders recently disclosed stock transactions, some of which occurred more than a year ago, according to filings with the Securities and Exchange Commission. A Tuesday regulatory filing from SoFi (ticker: SOFI) CEO Anthony Noto showed that his wife, Kristin Noto, bought 33,259… Read More »
Text size SoFi Technologies stock divides opinion on Wall Street Justin Sullivan/Getty Images SoFi Technologies fell more than 6% ahead of the open Monday after the financial services company picked up a downgrade as Wall Street remains unsure about the stock. Wedbush analysts downgraded the shares to Underperform from Neutral in a note Monday, having… Read More »
Text size SoFi Technologies stock divides opinion on Wall Street Justin Sullivan/Getty Images SoFi Technologies fell more than 6% ahead of the open Monday after the financial services company picked up a downgrade as Wall Street remains unsure about the stock. Wedbush analysts downgraded the shares to Underperform from Neutral in a note Monday, having… Read More »
The Pain of Silicon Valley Bank’s Collapse Is Being Felt by These Depositors Follow Us on Google News
Regional Banks Can’t Catch a Break Follow Us on Google News
Concern Over TD Anti-Money-Laundering Practices Helped Scuttle First Horizon Deal Follow Us on Google News
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Follow Us on Google News
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit Updated May 8, 2023 5:18 am ET / Original May 8, 2023 4:52 am ET Order Reprints Print Article Follow Us on Google News
Banks Are in the Grips of Investor Crisis of Confidence Follow Us on Google News
Bitcoin or Gold? Big Investors Think It’s a No-Brainer. Follow Us on Google News
Share Listen (1 min) Follow Us on Google News