The Federal Reserve lifted confidence amid economic uncertainty, sparking optimism in the U.S. stock market. Chair Jerome Powell kept interest rate steady at policy meeting and maintained the Fed’s two-rate...
President Donald Trump announced Monday that Federal Reserve Governor Michelle Bowman would serve as the central bank's new vice chair for supervision. Bowman, a former Kansas banking commissioner, is...
The mortgage lender’s fourth-quarter adjusted revenue of $1.19 billion exceeded Wall Street’s estimated $1.15 billion.
Valentine’s Day is here, so let’s do something different this year. While accessories, dresses, gadgets, flowers, etc., are popular gifts on this day, gifting an ETF could be a great idea. This is...
Bank-oriented exchange-traded funds (ETFs), including Invesco KBW Bank ETF KBWB, SPDR S&P Bank ETF KBE, First Trust Nasdaq Bank ETF FTXO and Themes Global Systemically Important Banks ETF GSIB, have been...
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Citigroup has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.
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Wells Fargo has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.
The Federal Reserve has decided to hold interest rates steady in its January 2025 policy meeting, resisting calls from President Donald Trump to loosen monetary policy. The move came after three consecutive...
Treasury yields have surged since the start of 2025 due to the Fed’s uncertainty about future rate cuts and inflationary fears caused by Donald Trump’s policies. The 10-year yields climbed above 4.8%...
The fourth-quarter 2024 earnings season will kick off next week, with banking sector players due to report numbers. The overall picture ahead of this reporting cycle is one of continued resilience and...