Analysts have begun to lose faith in banks after their recommendations for 2018 fell flat. The industry has been hammered lately amid worries about the U.S. economy as the yield curve has flattened signalling diminished expectations for growth.
Posted on: 12 December 2018 | 11:23 am
Shares of Deutsche Bank surged on Wednesday after Bloomberg News reported the German government plans to push for a merger to save the struggling bank.
Posted on: 12 December 2018 | 11:02 am
Despite a string of events that has seemed to push the central bank into a more dovish posture, a December hike now seems inevitable.
Posted on: 12 December 2018 | 10:36 am
A faster-than-expected deterioration of eBay's marketplace is likely to cap any future stock gains, according to Morgan Stanley, which downgraded the stock to equal weight.
Posted on: 12 December 2018 | 8:25 am
The chart of the S&P 500, which flashed a scary death cross last week, now appears to be forming a new pattern that could be just as ominous.
Posted on: 12 December 2018 | 8:09 am
A new map by the Urban Institute traces auto delinquency rates in counties across the U.S.
Posted on: 12 December 2018 | 8:05 am
"Volatility is going to be here to stay," according to PNC Financial's Jeffrey Mills.
Posted on: 12 December 2018 | 8:00 am
Names on the move ahead of the open.
Posted on: 12 December 2018 | 7:55 am
December may be a slow month traditionally for the housing market, but mortgage lenders are suddenly getting busier.
Posted on: 12 December 2018 | 7:00 am
U.S. government debt yields held steady on Wednesday after a government report showed no change to consumer prices across the month of November.
Posted on: 12 December 2018 | 5:59 am
British Prime Minister Theresa May will face a vote of no-confidence from members of her own Conservative party on Wednesday.
Posted on: 12 December 2018 | 2:52 am
See which stocks are posting big moves after the bell.
Posted on: 11 December 2018 | 4:50 pm
A new round of high-level talks and some potential giveback on tariffs by China was a bright spot in the U.S.-China trade war, but strategists say the peace could be fleeting and the situation could get worse before it gets better.
Posted on: 11 December 2018 | 4:42 pm
Major endowments in the United States, including those managed by colleges and universities, "badly underperform" market benchmarks, according to a new study.
Posted on: 11 December 2018 | 3:34 pm