JPMorgan's fourth-quarter profit of $1.98 a share misses analysts' estimates of $2.20, as trading revenue falls short of expectations and costs rise for loan-loss reserves.
While it's common for one partner to handle most money decisions in a marriage, it's important for planners to make sure to listen to both.
Vanguard Group, the $5.1 trillion money manager, will stop selling the "Triple X" ETFs, which offer investors the ability for triple gains -- or triple losses on stock-market movements.
Index funds offer some unique benefits - and drawbacks - compared to traditional mutual funds. Here's what you need to know.
U.S. bank stocks, hammered last year amid a slowing economy, feeble trading profits and stiff competition for deposits, could fall another 20% if a recession happens, Goldman Sachs analysts estimated.
The Algo Effect - watch the video to understand how algorithms move the market.
Goldman Sachs, historically man-heavy in its executive suite as well as the boardroom, hired retired U.S. Navy Vice Admiral Jan Tighe as a director, boosting the share of women on the board to four out of 14, or 29%. The firm had faced criticism for the lack of gender diversity on its board.
The Federal Reserve raised U.S. interest rates on Wednesday for the fourth time this year, but officials signaled that they might pause or halt the rate-hiking campaign early next year.
The Federal Reserve is widely expected to boost the benchmark for short-term borrowing costs at a meeting that concludes Wednesday. Fed officials may also signal that they might pause or halt the rate-hiking campaign early next year.
President Donald Trump's $1.5 trillion of tax cuts, designed to stimulate growth, have decimated government revenue, ballooning the federal budget deficit and forcing Treasury Department officials to cover the gap by borrowing money in ever-growing amounts. Investors face losses in 2019 as yields on Treasury bonds necessarily rise -- to attract enough buyers for the debt.
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