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A Slimmer Goldman Sachs Posts Hefty Jump in Profit
Posted inBanking and Financial Institutions Company Reports Goldman Sachs Group Inc JPMorgan Chase & Company Morgan Stanley

A Slimmer Goldman Sachs Posts Hefty Jump in Profit

The Wall Street bank recorded nearly $4 billion in profit, beating analyst expectations in a tough quarter for big banks.
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Posted by By Rob Copeland
A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up
Posted inBanking and Financial Institutions Credit and Debt Interest Rates Mortgages Real Estate and Housing (Residential) United States Economy

A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up

On a scale not seen in decades, many Americans are stuck in homes they would rather leave.
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Posted by By Emily Badger and Francesca Paris
Stocks Suffer Sharpest Weekly Decline of 2024
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy

Stocks Suffer Sharpest Weekly Decline of 2024

Investors had been put on edge by a stronger-than-expected inflation report earlier in the week. Rising tension in the Middle East heading into the weekend gave them another reason to retreat.
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Posted by By Joe Rennison
Dimon Warns of ‘Unsettling’ Pressures as JPMorgan Reports Earnings
Posted inBanking and Financial Institutions Dimon, James Federal Reserve System Inflation (Economics) Interest Rates JPMorgan Chase & Company United States United States Economy

Dimon Warns of ‘Unsettling’ Pressures as JPMorgan Reports Earnings

Warnings from the chief executive of the nation’s largest bank have been consistently at odds with heady financial markets.
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Posted by By Rob Copeland

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