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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...

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.
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'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...

Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results

Citigroup posted first-quarter revenue that topped estimates, helped by better-than-expected results...

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.

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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.

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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...

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...

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....

'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...

China's commercial property segment is seeing some bright spots amid a slump in the wider realty sector

China's commercial property sector is seeing pockets of demand amid an overall real estate...

The 'supercore' inflation measure shows Fed may have a real problem on its hands

Bringing down inflation is being frustrated by sticky services prices. Experts say the Fed may have a meaningful...

Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate

The Fed released the minutes from its March meeting.

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New York Community Bank’s online arm is paying the nation’s highest interest rate

NYCB raised the rate offered via its online arm My Banking Direct to 5.55%, higher than any other U.S. savings...

China needs a narrative that house prices are going to rise, Nomura's Koo says

China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo,...

Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers

In his letter to shareholders released Monday, JPMorgan Chase CEO Jamie Dimon chose AI as the first...

Yellen says U.S. plans to ‘underscore’ need for China to shift policy

U.S. Treasury Secretary Janet Yellen wrapped up the fourth and final full day of her trip to China on Monday.

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Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024

Ripple CEO Brad Garlinghouse said he expects the entire value of the crypto market to double this year.
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New ETF looks to profit from municipal bonds

BondBloxx aims to maximize after-tax returns with its new ETF, the IR+M Tax-Aware Short Duration ETF (TAXX).

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Fed Governor Bowman says additional rate hike could be needed if inflation stays high

Bowman said that it's possible more hikes could be needed, rather than the cuts the market is expecting.
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Free trade flaws fueled Trump's rise in 2016 — and the problems remain, top economist says

Decades of trade deficits and a strong dollar created too many "losers" in the U.S. economy who turned to...

China's Nio to expand battery swap services to gain an edge on EV infrastructure

Battery swapping takes only a few minutes and is expected to better address consumers' driving range concerns.
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'Biggest mistake' bond investors may make ahead of Fed rate cuts

Experts advise taking advantage of opportunities in fixed income while yields are still high.

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Here are some big money blind spots you need to avoid, advisors say

Here are some important aspects of personal finance you may be overlooking.

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Here's who Treasury Secretary Janet Yellen is going to meet in China

U.S. Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with...