Wall Street

Business

U.S. consumer is soldiering on despite soaring inflation and recession risk, credit card giants say

Shoppers carry bags in San Francisco, California, on Thursday, Sept. 29, 2022. David Paul Morris | Bloomberg | Getty Images…

Read More »
Business

Vista’s Robert Smith says investing in DEI businesses vitally important in a bear market

Robert Smith during an interview with CNBC’s Squawk Box, broadcast live from World Economic Forum, Davos, Switzerland, on January 25,…

Read More »
Business

SPAC liquidations top $12 billion this year as sponsors grapple with tough market, new buyback tax

Chamath Palihapitiya, Social Capital Founder and CEO CNBC A new buyback tax has motivated more and more SPAC sponsors to…

Read More »
Business

Activist investor Starboard reveals stake in Salesforce, sees significant opportunity

Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value…

Read More »
Business

Dan Loeb’s Third Point builds stake in Colgate, sees value in pet food business in potential spinoff

Daniel Loeb Simon Dawson | Bloomberg | Getty Images Dan Loeb’s Third Point has built a sizeable stake in consumer…

Read More »
Business

Bank of America tops estimates on better-than-expected bond trading, higher interest rates

Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on…

Read More »
Business

Why the oil trade may have more juice despite a losing week

Even though WTI crude just saw its worst week in more than two months, the oil trade may have more…

Read More »
Business

Morgan Stanley shares drop 4% after missing profit estimate as investment banking revenue collapses

Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013.…

Read More »
Business

Citigroup reports 25% decline in third-quarter profits but tops revenue expectations

Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle…

Read More »
Business

Wells Fargo shares jump 3% as bank tops expectations despite boosting loan loss reserves

Pedestrians pass a Wells Fargo bank branch in New York, U.S., on Thursday, Jan. 13, 2022. Victor J. Blue |…

Read More »
Back to top button
Close