In this article GS Rafael Henrique | SOPA Images | LightRocket | Getty Images Goldman Sachs has begun giving its institutional trading clients research reports from crypto news and data firm The Block. Hedge funds and other clients began receiving the reports on Thursday via the investment bank’s Marquee digital platform, according to an email
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Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images President Joe Biden released a framework for his $1.75 trillion spending package Thursday. And while it didn’t propose changes to the $10,000 cap
Overconfidence is bad, and women are less likely to fall victim to it. Merrill was a guy, and so was Lynch. Goldman? A dude, and Sachs as well. Charles Schwab is a man, and so was E.F. Hutton. Gordan Gekko was an alpha male. And Jordan Belfort, the Wolf of Wall Street? Total bro. Heroes
In this article AMZN Sean Hannon | iStock | Getty Images A 50-megawatt onshore wind farm in Scotland is now operational, and tech giant Amazon will purchase all of its output. According to ScottishPower — which is part of the Iberdrola Group — the Beinn an Tuirc 3 facility has 14 turbines and is able
In this article AAPL Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed to larger-than-expected supply constraints on iPhones, iPads, and Macs. Apple fell over 4% in extended trading. “We had a very strong performance despite larger than expected supply constraints, which we estimate to
In this article CVX Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Chevron said Friday that it generated the highest free cash flow on record during the third quarter as surging commodities prices and lower operational costs
US Treasury Secretary Janet Yellen speaks during a meeting with business leaders and CEOs on the need to address the debt limit, on October 6, 2021, in the South Auditorium of the White House in Washington, DC. Nicholas Kamm | AFP | Getty Images Treasury Secretary Janet Yellen told CNBC on Friday the $1.75 trillion
In this article AAPL Halfway through third-quarter earnings season, and there are two key catalysts: Demand is strong. Cost inflation and supply-chain issues are the main headwind, but companies are learning to navigate through them. In some cases, supply chain disruption has taken a serious toll. Apple CEO Tim Cook said supply chain issues had cost
lisegagne | E+ | Getty Images The enhanced child tax credit is one of the programs that made the cut as Democrats raced to come to an agreement over a framework for their spending plan. The credit, which was expanded in March by the American Rescue Plan, will be continued through 2022, according to a
A look at a company under the radar that has seen its stock price surge by 25% over the last year.
In this article WH The CEO of Wyndham Hotels & Resorts told CNBC on Thursday that strong travel demand in the U.S. has helped the company shake off its pandemic-related slowdown. While some industries have had trouble bouncing back after Covid pandemic disruptions, business at Wyndham is “absolutely stronger than before the pandemic,” CEO Geoff
In this article AMZN Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon will report third-quarter earnings after the market close on Thursday. Here’s what analysts are expecting: Earnings: $8.92 per share, according to analysts