Bradley Keoun covers markets and finance for TheStreet.
A former reporter and editor for Bloomberg News in New York and Mexico City, he covered the financial crisis of 2008 and has written about U.S. banks, the energy industry and emerging markets.
Keoun, who previously worked for the Gainesville (Fla.) Sun and Chicago Tribune, has a master's in journalism from the University of Florida and a bachelor's in electrical engineering from Duke University. You can reach him at firstname.lastname@example.org and follow him on Twitter @liqquidity.
Recent Articles By The Author
Goldman Will Pay Big Money for Cash -- Yes, Even Your Measly Savings
Goldman Sachs, the elite Wall Street powerhouse, is under pressure to diversify its business mix beyond the traditional emphasis on investment banking and stock-and-bond trading. So it's pushing hard to build up an online retail bank for ordinary savers -- and offering some of the highest rates in the U.S. to lure them in.
Fed Raises Interest Rates, Sees Quicker Pace of Future Increases
The Federal Reserve raised U.S. interest rates on Wednesday by a quarter-percentage-point for the second time this year to a range between 1.75% and 2%, as expected. Officials now expect four total rate hikes in 2018, an acceleration from the March projection of just three hikes.
Fed Likely to Stay Cautious on Rate Forecast, Bank of America Says
The Federal Reserve is widely expected to raise U.S. interest rates on Wednesday by a quarter-percentage-point to a range between 1.75% and 2%. Bank of America analysts project that Fed also will stick to its projection for just one more quarter-percentage-point rate hike over the remainder of the year, despite a growing number of economists predicting that two additional increases are likely.
Junky Loans Surpass Junk-Bond Market as Investors Chase Higher Yields
The market for leveraged loans -- those made to companies with low credit ratings -- has surged by 20% in the past year to $1.22 trillion in May. At that level, the market now has more assets outstanding than junk bonds, at $1.21 trillion.
Tax-Cut-Fueled Stock Buybacks Retard Emergence of Trump's 'Greatest' Economy
President Donald Trump tweeted this week that the U.S. economy may be the "greatest in American history." But economists say that consumers appear less enthused, based on their spending patterns, while many company executives are using their tax windfall to buy back their own shares -- for a quick stock-price boost -- rather than investing in future growth opportunities.
U.S. Banks Urged to Make Small Loans In Competition With Payday Lenders
The move by President Donald Trump's administration was hailed by consumer advocates as a way of helping cash-strapped borrowers who otherwise might have to turn to higher-cost, nonbank lenders.
Deutsche Bank Said to Consider 10,000 Job Cuts in New CEO's Overhaul
Deutsche Bank is moving to pare back its global ambitions under a plan by new CEO Christian Sewing to boost profitability at the struggling German lender.
McDonald's Chairman Trailed by Legacy of Wells Fargo Scandals
Enrique Hernandez Jr. stepped down from the board of directors of Wells Fargo in April following the costliest scandal in the U.S. bank's history, amid widespread criticism from corporate-governance experts and regulators. That legacy has trailed him as chairman of the board of McDonald's, the largest U.S. publicly-traded restaurant chain, which is set to hold its annual shareholder meeting this week.
Fed to Vote on Wells Fargo Sanctions After Pressure From Elizabeth Warren
U.S. Senator Elizabeth Warren, a Massachusetts Democrat, has been a dogged critic of Wells Fargo's board since a series of scandals emerged beginning in 2016 stemming from an alleged corporate culture of overly aggressive sales practices.
On JPMorgan's Board, Women Are Fewer Than a Few
JPMorgan CEO Jamie Dimon has a much-vaunted track record of promoting women to senior roles on his executive team. But the number of women on the U.S. bank's board of directors has stalled out at two since 2006, despite research showing greater female representation improves long-term returns.