The central bank issued two approvals Friday, allowing two Mississippi banks to merge in a $1.2 billion deal, and EverBank to acquire components of Sterling Bank for $261 million. Both deals are set to close April 1.
President Donald Trump’s tariff policies are slowing economic growth in the United States and around the world while sending prices higher again, creating a toxic stew for the global economy that could grow even worse if tensions escalate, the Organisation for Economic Co-operation and Development said Monday.
EXCLUSIVE: Wall Street expected Trumpenomics to look very different, JPMorgan's Jake Manoukian tells Fortune.
(Bloomberg) -- Goldman Sachs Group Inc. joined fellow banks Monday in cutting oil price forecasts as Wall Street increasingly sees a home for crude in the $60s.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressThe Dark Prophet of Car-Clogged CitiesSaving the Signature Sound of Washington, DCGoldman initially stuck with previous price projectio
(Bloomberg) -- The slowdown in sales of electric vehicles worldwide has prompted Coronation Fund Managers Ltd. to take a fresh look at South African producers of precious metals used in traditional gasoline engines.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressThe Dark Prophet of Car-Clogged CitiesSaving the Signature Sound of Washington,
Government IT services provider Science Applications International Corporation (NASDAQ:SAIC) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 5.8% year on year to $1.84 billion. The company expects the full year’s revenue to be around $7.68 billion, close to analysts’ estimates. Its non-GAAP profit of $2.57 per share was 23.2% above analysts’ consensus estimates.
According to Glassnode data, approximately 20% of Bitcoin's supply is currently at a loss.
Even with friends in high places, crypto’s instability is showing as investors respond to President Donald Trump’s trade war and reports of deal talks between Binance U.S. and the Trump family. Amidst the market chaos tariffs have wrought, here are some cryptocurrencies to watch this week.
Wall Street's main indexes edged higher in choppy trading on Monday following the latest batch of economic data even as investors try to gauge the impact of the Trump administration's tariffs on the world's largest economy. Intel rose 4.9% after a report said incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and artificial intelligence strategies ahead of his return to the company.
