Bank earnings can sometimes be a snooze. But the stakes this quarter are unusually high. Read More WSJ.com: Markets...
While it is easy to bet on politics, earthquakes or the weather, it’s virtually impossible to invest in the most basic thing of all: the economy. Read More WSJ.com: Markets...
More than 180 companies in the S&P 500 have pulled their earnings guidance in the wake of the economic crisis wrought by the coronavirus pandemic. That has led to the widest dispersion in earnings estimates in years. Read More WSJ.com: Markets...
An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following coronavirus-related lockdowns. Read More WSJ.com: Markets...
Since the Australian market bottomed on March 23, installment-payment company Afterpay’s stock has risen more than ninefold, while 1.6 million new U.S. users started spending through its technology over the past four months. Read More WSJ.com: Markets...
Lawyers expect a surge in small-business failures in the coming months. A new law, they say, will make many business owners realize that filing for bankruptcy might be a better option than struggling for years. Read More WSJ.com: Markets...
The Securities and Exchange Commission proposed sharply raising the size threshold of funds required to report their U.S. stockholdings quarterly, a move that would end such disclosures for nearly 90% of current filers, including many hedge funds and mutual-fund firms. Read More WSJ.com: Markets...
Here are seven major companies whose shares moved on the week’s news. Read More WSJ.com: Markets...
U.S. farmers are expected to grow large corn and soybean crops this year—but it is unclear if an economy recovering from coronavirus will be strong enough to consume the harvest. Read More WSJ.com: Markets...
The financial-tech startup filed an application with regulators this week to create SoFi Bank, a Utah-based bank of which it will be the sole owner. The effort comes nearly three years after SoFi abandoned a similar attempt. Read More WSJ.com: Markets...