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 email@example.com and follow him on Twitter @liqquidity.
The University of Michigan's index of consumer sentiment rises to a reading of 95.5 in February from 91.2 the prior month, contrasting with a separate report earlier this week from the Census Bureau that showed retail sales fell in December by the most in nine years.
JPMorgan Chase, whose CEO Jamie Dimon once described bitcoin as a fraud, introduces a new 'JPM Coin' for customers to use to make payments among themselves.
The five-decade Wall Street analyst Dick Bove just couldn't bring himself to raise money for a bank-stock fund at a time when he thinks banks are likely to be lousy stocks.
Loans to companies with low credit ratings swelled by 15% last year to $1.3 trillion, prompting warnings from the Federal Reserve and International Monetary Fund. Yet Wall Street firms that are deeply immersed in the market, from banks including JPMorgan Chase to private-equity firms like Blackstone, say they don't see what the problem is.
Bank of America gave CEO Brian Moynihan a 15% pay raise last year to $26.5 million, a new regulatory filing shows. His rival, JPMorgan Chase CEO Jamie Dimon, took home higher total pay last year with $31 million, but only got a 5% raise.
The combination of the two southeastern U.S. lenders would be the biggest bank merger in a decade and would create a regional powerhouse with an estimated $76 billion market value.
A decade after the entire financial system nearly collapsed in 2008, Fed officials are following through on a plan to simplify annual 'stress tests,' in which banks are graded on their ability to withstand a severe financial crisis. Shareholders could see bigger dividends and stock buybacks -- potentially at the cost of increased risk.
In 2011, global markets were gripped by fears of rising losses at giant French banks like BNP Paribas. Now, a veteran analyst is warning it could happen again -- this time from losses on derivatives bets.
A government report shows that the economy added 304,000 jobs in January, well above economists' average projection of 165,000.
Stephen Schwarzman's Blackstone Group posted a fourth-quarter net loss of $79.7 million, as investment revenue tumbled.
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.