Wells Fargo shares fall on fears strong first quarter profit may be reduced by regulatory settlement
Wells Fargo’s earnings beat expectations Friday, but the bank emphasized that the results could be revised depending on...
White House reportedly to threaten China with tech investment ban
The Trump administration is planning to increase trade pressure on China by threatening to block Chinese technology investment...
Starbucks downgraded on concerns about craft coffee competition, customer loyalty
Craft coffee competition and questionable customer loyalty are likely to hamper Starbucks sales over the next two years,...
JP Morgan shares rise as first-quarter profit easily tops expectations
J.P. Morgan Chase on Friday reported first-quarter earnings that beat on both the top and bottom line, although...
Singapore’s central bank tightens monetary policy for first time in six years
Singapore’s central bank tightened monetary policy for the first time in six years on Friday, saying the city-state’s...
Wall Street’s bets against the tech sector reach their highest level in a year
Wall Street is growing less confident in the technology sector and continues to be negative on retailers, according...
Cryptocurrency eos leaps past litecoin into fifth place by market cap
A cryptocurrency with ties to former hedge-fund manager Michael Novogratz has surged past litecoin into fifth place by...
Iran’s currency crisis could bring it one step closer to economic collapse
Iran’s currency, the rial, has plummeted to a record low amid growing economic and political uncertainty, causing a...
US import prices unchanged on weak petroleum
U.S. import prices were unexpectedly flat in March as a drop in the cost of petroleum products was...
US weekly jobless claims continue to fall as labor market tightens
New applications for U.S. unemployment benefits fell last week, pointing to sustained labor market strength despite a sharp...
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