Xinhua / Wang Ying / Getty Images The bank’s shares rose Thursday after financial regulators announced they would ease the Volcker Rule from the era of the financial crisis. The Volcker Rule generally prohibits banks from engaging in property operations and having certain relationships with hedge funds and private equity …
Read More »Dow Jones industrial average jumps as regulators make it easier for banks. Then they made it more difficult.
Text size What were we worried about again? The stock market is certainly not falling, because it doesn’t seem to do so terribly often these days. After falling 710 points on Wednesday, the Dow Jones Industrial Average rose 299.66 points, or 1.2%. while the S&P 500 gained 1.1% and the …
Read More »The actions of staying at home were suddenly back in fashion, says Jim Cramer
Stay-at-home stocks benefiting from the coronavirus pandemic pushed the stock market higher as investors continued to grapple with the surge in cases in dozens of states, CNBC’s Jim Cramer said Thursday. “When the state of Texas was forced to pause its reopening plan due to record-breaking Covid infections … suddenly, …
Read More »Albertsons prices cut initial public offering below target range, sources say
A woman pushes a grocery cart toward her car in front of an Albertson store in Denver, Colorado. Matthew Staver | Bloomberg | fake pictures US supermarket operator Albertsons Companies on Thursday sold fewer shares than expected at a lower-than-expected price in its initial $ 800 million public offering, according …
Read More »Future flat after bank stress test results, Nike reports surprise loss
Traders work during the opening bell on the New York Stock Exchange (NYSE) on March 16, 2020 on Wall Street in New York City. Johannes Eisele | AFP | fake pictures US stock futures were mostly flat on Thursday night after the release of the latest Federal Reserve bank stress …
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