Economy

Bank of America Just Topped Warren Buffett's Dividend Benchmark

Bank of America Just Topped Warren Buffett's Dividend Benchmark

The Oracle of Omaha isn't the only investor likely to benefit from Federal Reserve stress-test results, but his gains will be measured in the billions.

All 34 Big Bank Payout Plans Win Fed Approval -- One Just Barely

All 34 Big Bank Payout Plans Win Fed Approval -- One Just Barely

Some big banks including Goldman Sachs, Morgan Stanley and JPMorgan barely passed a new test that considers off-balance sheet assets. Even so, most are hiking payouts over the next year.

Closing Bell: FedEx's TNT Express Affected by Virus; S&P 500's Best Day Since April

Closing Bell: FedEx's TNT Express Affected by Virus; S&P 500's Best Day Since April

Wall Street ended sharply higher in a rebound from Tuesday's losses.

Royal Caribbean Could Have a Red-Hot Vacation Season Because of 3 Big Factors, CEO Says