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.
Goldman Sachs, the Wall Street firm, says first-quarter profit falls less than expected. But the stock declines after analysts say the outperformance was driven by accounting decisions that might not be repeated in future quarters, including a low tax rate and less-than-estimated compensation expenses.
Citigroup, the giant U.S. bank, is expected to report first-quarter earnings roughly equivalent to those from a year earlier, even after rival JPMorgan Chase posted a 5% increase. Citigroup CEO Michael Corbat, who this week announced major changes in his senior leadership team, is expected to provide commentary on how the bank is faring amid a slowdown in global economic growth.
The scandal-plagued U.S. bank, under strict sanctions from the Federal Reserve, just lost its second CEO in four years, following a grilling from lawmakers in Washington. But executives managed to top first-quarter earnings estimates by cutting costs.
The largest U.S. bank reports first-quarter earnings per share of $2.65, exceeding the $2.35 average estimate of analysts surveyed by FactSet.
As a growing body of research shows that gender diversity on a company's board of directors usually improves long-term shareholder returns, Stephen Schwarzman's Blackstone Group has added former U.S. Senator Kelly Ayotte of New Hampshire as a director. The appointment would double the number of female directors to two out of 11 total board members, or 18%.
The central bank says the U.S. jobs market remains strong, but overall economic growth has slowed from 'its solid rate in the fourth quarter.'
U.S. Representative Nydia Velazquez, a New York Democrat, asks Citigroup CEO Michael Corbat at a hearing in Washington what it was like to get paid more than 400 times his employees' median pay. Corbat's response was that he hoped employees might see opportunities to get promoted.
Goldman Sachs is paying top-of-the-market interest rates on regular savings accounts via its online bank. So CEO David Solomon used his testimony at a U.S. House of Representatives hearing to tout the offering -- with the CEOs of low-paying JPMorgan Chase and Bank of America sitting close by.
The U.S. Labor Department says the consumer price index rose 1.9% over the past 12 months, faster than the 1.5% pace of the prior month and economists' estimates for a 1.8% increase. But excluding volatile energy and food prices, the index rose just 0.1% during the month, less than economists estimated.
Bitcoin-trading companies aren't waiting for a rebound in prices for the cryptocurrency to set up shop. They're applying at a rapid pace for regulatory approval from New York State officials - with a new license just announced for London-based Bitstamp.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
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.