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Wall Street indexes close higher ahead of earnings, Fed meeting
Jan 26 (Reuters) – The S&P 500 and the Nasdaq advanced for a fourth consecutive session on Monday, as investors geared up for a slew of mega-cap earnings and a Federal Reserve update on interest rate policy later this week. Both indexes hit their highest levels in more than a week and registered their longest […]
Dimon warns credit card rate cap would be ‘disaster’
JPMorgan CEO Jamie Dimon says Trump’s proposed 10% credit card rate cap would slash access to credit and hurt consumers.
Wall Street rises as bank earnings, chip stocks rally
U.S. stocks rose as strong results from Goldman Sachs and Morgan Stanley lifted banks and TSMC boosted chipmakers.
US biotech sector poised for 2026 rebound as IPO interest revives
Investors see a potential biotech rebound in 2026 as IPO activity, dealmaking and lower rates offset lingering policy risks.
US banking giants reap bigger profits as borrowers seek more loans
U.S. banking giants reported stronger fourth-quarter profits as loan growth accelerated, signaling momentum heading into 2026.
Wall Street falls with financials amid credit card rate plan
US. inflation rose in December as higher food and rent costs hit households, reinforcing expectations the Fed will hold rates.
US consumer inflation increases steadily, but households paying more for food and rents
U.S. inflation rose in December as higher food and rent costs hit households, reinforcing expectations the Fed will hold rates.
Wall Street CEOs back Fed independence as Trump administration probes Powell
Wall Street CEOs back Fed independence after a Trump administration probe of Chair Jerome Powell sparks market and inflation concerns.
Capital One $425 million depositor settlement wins preliminary approval after earlier rejection
NEW YORK, Jan 12 (Reuters) – A federal judge granted preliminary approval on Monday to Capital One’s revised $425 million class action settlement with depositors who said they were cheated out of high interest rates, two months after an earlier accord was rejected. U.S. District Judge David Novak in Alexandria, Virginia, ruled after Capital One […]
Dollar gains against major currencies following U.S. jobs data
NEW YORK, Jan 9 (Reuters) – The dollar gained on Friday after data showed slower than expected U.S. jobs growth, suggesting the Federal Reserve could leave interest rates unchanged later this month. Financial markets had been bracing for a probable Supreme Court decision that could strike down President Donald Trump‘s tariffs. But the court will […]
S&P 500, Nasdaq dip to start 2026 after last year’s robust gains
Jan 2 (Reuters) – The S&P 500 and the Nasdaq pared early gains and then dipped on Friday in the first session of the new year, with declines in communications and consumer discretionary stocks dragging the indexes which notched double-digit gains in 2025. Industrials were up 1% and utilities gained 1.3%, the top boosts to […]
Dollar climbs to start 2026 after biggest annual drop in eight years
LONDON, Jan 2 (Reuters) – The U.S. dollar kicked off 2026 on a stronger note on Friday after struggling against most currencies last year, as traders awaited a flurry of U.S. economic data next week, including several reports on the labor market, to gauge the path of interest rates. A narrowing interest rate difference between […]
