Bank of America released second-quarter earnings on Thursday that were bolstered by stronger-than-expected bond trading and investment banking revenues. The bank said it generated earnings of $ 3.5 billion, or 37 cents a share, exceeding the 27 cents a share expected by analysts polled by Refinitiv. However, revenue of $ …
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US government debt prices were slightly higher on Thursday morning due to concern over rising coronavirus cases in the United States and tensions between the US and China dampened optimism stemming from of progress towards a vaccine. At around 2 am ET, the benchmark 10-year Treasury yield was 0.6250% lower …
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China reported that the country’s GDP grew 3.2% in the second quarter of this year, compared to the previous year, exceeding analyst expectations and recovering from the first quarter contraction. It occurs when the blockades to contain the coronavirus outbreak in China decreased, and when Beijing implemented stimulus measures to …
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A person walks at the Wall Street subway stop in New York City. Angela Weiss | AFP | fake pictures Stock futures changed little in trading overnight Wednesday as the earnings season kicks off, giving investors a clearer picture of the overall health of American companies. Dow Jones Industrial Average …
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Elon Musk watches as United States President Donald Trump attends the launch of SpaceX at the Kennedy Space Center in Florida on May 27, 2020. Brendan Smialowski | AFP | fake pictures A tweet sent by Elon Musk’s account on Wednesday requested Bitcoin and promised to “double all payments” sent …
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