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Bank of America Profit Jumps 32% on Tax Cuts, Higher Interest Rates

Bank of America Profit Jumps 32% on Tax Cuts, Higher Interest Rates

Bank of America, like rival big banks JPMorgan Chase, Citigroup and Wells Fargo, benefits in the third quarter from President Donald Trump's tax cuts.

'The Fed Has to Change its Tune,' Says Jim Cramer

'The Fed Has to Change its Tune,' Says Jim Cramer

Jim Cramer gives his latest thoughts on the market's rebound after the selloff.

What Is the Prime Rate? Definition, History and Rate in 2018

What Is the Prime Rate? Definition, History and Rate in 2018

The prime rate is the lowest rate at which money can be borrowed from commercial banks by non-banks. It typically tracks with the federal funds rate and is generally about 3% higher than the Federal Reserve's rate.

Citigroup, Like JPMorgan, Posts Higher Profit on Tax Cuts

Citigroup, Like JPMorgan, Posts Higher Profit on Tax Cuts

Citigroup posts a big jump in third-quarter profit, thanks to President Donald Trump's tax cuts.

The Path to Leadership: Goldman Sachs Executive Sheila Patel

The Path to Leadership: Goldman Sachs Executive Sheila Patel

Getting ahead in an investment bank isn't easy by any stretch of the imagination. TheStreet talks with Goldman Sachs executive Sheila Patel on how she has successfully risen the ranks at the firm.

How to Play the Market During the Selloff

How to Play the Market During the Selloff

The market selloff continues. Here's what TheStreet has to say to investors.

JPMorgan Hasn't Done Much This Year - What Should We Expect After Earnings?

JPMorgan Hasn't Done Much This Year - What Should We Expect After Earnings?

JPMorgan Chase reports earnings on Friday.

President Trump Says Fed 'Has Gone Crazy' With Rate Hikes

President Trump Says Fed 'Has Gone Crazy' With Rate Hikes

Trump criticizes the Fed's moves on interest rates after markets slump.

Why it May Be Time to Pivot Into Banks

Why it May Be Time to Pivot Into Banks

With long-term rates rising, bank stocks could be a good buy now.

How to Calculate Profit Margin

How to Calculate Profit Margin

Learning how to calculate profit margin is a cornerstone of good business financial practices.