Wall Street’s Cloudy Quarter Has Some Rays of Sunshine

[ad_1] Jan. 16, 2024 12:49 pm ET Wall Street hardly ended last year with a bang. But given the challenges facing the other major business lines of the biggest banks,…

Broad Losses Pull Stock Indexes Lower

[ad_1] Stocks opened the week lower, hinting at why some investors believe the “everything rally” of late 2023 will be hard-pressed to continue.  All three major indexes are in the…

SEC Charges Future FinTech Group CEO Huang With Manipulative Trading

[ad_1] The Securities and Exchange Commission has charged Shanchun Huang with allegedly inflating Future FinTech Group’s share price just before he took over as the company’s chief executive. The SEC…

Microsoft Dethrones Apple as the Largest U.S. Company

[ad_1] Jan. 11, 2024 10:35 am ET The stock market has a new, but familiar, monarch. Microsoft’s AI-powered stock rally has made the software giant the largest U.S. company by…

How Citigroup Can Avoid Another False Dawn

[ad_1] There are few more dangerous words in finance than “this time is different.” But for Citigroup, perhaps it is safer to say that at the very least, “this time…

Zee Entertainment Shares Fall on Reports of Sony Calling off Merger Deal

[ad_1] Shares of Zee Entertainment Enterprises fell sharply Tuesday after news reports that Japan’s Sony Group may call off a merger of its India operations with the former. Zee Entertainment…

Stocks End Rough Week on High Note After Jobs Report

[ad_1] Major indexes eked out gains Friday, but still ended the first week of 2024 lower after a pullback by big tech stocks. The S&P 500 finished the week down…

The Score: Tesla, Xerox, Peloton and More Stocks That Defined the Week

[ad_1] Here are some of the major companies whose stocks moved on the week’s news. [ad_2] Source link

Stock Funds Rose 21% in 2023

[ad_1] A fourth-quarter rally rescued stock funds, though they still suffered net withdrawals for the year. Bond funds pulled out a winning year, as well. [ad_2] Source link

Cognac Sets the EV Trade War Alight

[ad_1] Volkswagen and Stellantis might turn out to be bigger victims of China’s investigation into European liquor than Rémy Cointreau and Pernod Ricard. Beijing has launched an antidumping probe into…