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.
Tradewind, which uses a blockchain-based platform to allow investors to buy gold and keep it at the Royal Canadian Mint, hires a former JPMorgan Chase executive as its new CEO.
The scandal-plagued U.S. bank, under strict sanctions from the Federal Reserve, recently lost its second CEO in four years. But shareholders are now happy with the makeup of the board of directors, led by Chair Betsy Duke.
Excluding food and energy prices, the Commerce Department's price index for personal consumption expenditures in March was unchanged from February levels, in a new sign that the Federal Reserve faces few inflationary pressures despite an unexpectedly quick acceleration in the U.S. economy during the first part of this year.
The U.S. Commerce Department's Bureau of Economic Analysis gross domestic product jumps 3.2% in the first quarter, vastly exceeding the 2% average projection of economists in a survey by data provider FactSet.
New orders for manufactured durable goods rose by 2.7% in March to $6.8 billion, the U.S. Census Bureau reports, faster than the 0.75% gain projected by economists.
President Donald Trump's administration predicted 3% annual economic growth when he pushed for the $1.5 trillion of tax cuts in late 2017. Despite recent bouts of pessimism and market gloom, the president's economy is holding its own.
Investors aren't waiting for a rebound in bitcoin prices to invest in fast-growing cryptocurrency markets. But guess who's getting left behind: Big Wall Street firms that currently dominate trading in stocks, bonds, foreign exchange and commodities.
Companies in the S&P 500 bought back a record $806 billion of their own shares last year. But the tactic - used by CEOs to juice their stock prices - may become less common as more companies confront the need to pay down debt, Bank of America analysts warn in a new note.
Citigroup's network of 689 bank branches in the U.S. and Canada looks paltry compared with JPMorgan Chase's 5,000-plus web and Bank of America's 4,353 locations. So the bank is using its online bank to lure new customers - with juicy yields on savings accounts.
Stephen Schwarzman, founder and CEO of the giant U.S. private-equity firm Blackstone, was already one of the world's richest men. But after an announcement that the partnership will convert to a stock corporation sparked the biggest one-day rally in its publicly traded units, Schwarzman is immediately $573 million richer on paper.
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