Morgan Stanley books Archegos loss, but profit hits new high
Morgan Stanley's first-quarter profit more than doubled from a year earlier, reporting a profit of $4.1 billion, despite the bank's record performance being offset by Archegos losses.
Markets in melt-up now, but will 'pull back and correct itself': Market strategist
Chief market strategist at Slatestone Wealth, Kenny Polcari, discusses his outlook for the markets following the Dow and S&P hitting records.
Stock futures mixed after record day
Traders will have more earnings reports and economic data to study on the final trading day of the week
Retail rebounds as teens drive soaring apparel sales in March
Rue21 CEO Bill Brand discusses the jump in retail sales on 'The Claman Countdown'
How investors can own private company stocks before they go public
Liberty Street Advisors CIO Christian Munafo on how SharesPost gives investors access to private companies shares before they go public.
Dow closes above 34K for first time on jobs, retail bounce
Stocks hit records highs Thursday as investors sifted through another batch of earnings and strong jobs, retail sales data.
Retail industry seeing uptick in foot traffic as COVID restrictions lift, vaccines rollout
Shopping malls and restaurants are seeing an increase in foot traffic as the COVID-19 restrictions are lifting and more vaccines are distributed. FOX Business' Lydia Hu with more.
Delta sees profit later this year as it posts another dismal quarter
Air travel, stifled by the COVID-19 pandemic, is widely expected to rebound in the second half of 2021 as wide vaccine rollouts encourage travel and drive summer bookings.
PepsiCo bets on higher soda sales as restaurants reopen
PepsiCo Inc said on Thursday it expects organic revenue growth to pick up pace in the second quarter, betting on higher soda sales from restaurants that are gradually reopening following the speedy rollout of coronavirus vaccines.
Stock futures rise ahead of bank earnings, economic data
The parade of bank earnings continues Thursday, with Citigroup, Bank of America and U.S. Bancorp posting ahead of the opening bell
Bank of America profit more than doubles on reserve release boost
Bank of America Corp reported a jump in first-quarter profit that breezed past estimates on Thursday as it released reserves it had set aside to cover potential coronavirus loan losses.
American Airlines expects summer travel to be near pre-pandemic levels
Boyd Group International president Mike Boyd weighs in on 'FOX Business Tonight'
Jack Otter says Coinbase debut is 'transformative'
Host of Baron's Roundtable discusses cryptocurrency exchange Coinbase going public today
Goldman lifts Dow, Nasdaq slips 1%, Coinbase surges 31% to $328
Dow members JPMorgan Chase and Goldman Sachs, and financial services giant Wells Fargo earnings are in focus.
What investors can expect from the cryptocurrency revolution amid Coinbase going public
CoinDesk Chief Content Officer Michael Casey and BlockTower Capital CEO Matthew Goetz on Coinbase going public and their outlook for the cryptocurrency market.
Wells Fargo earnings jump as economy bounces back
Wells Fargo's sevenfold rise in profits came during what is shaping up to be an economic resurgence. That has prompted banks to release some of the money they stowed away last year to protect against soured loans, which has boosted their bottom lines.
Goldman posts better-than-expected earnings
Goldman Sachs posted earnings of $18.60 per share versus $10.22 per share expected by analysts. FOX Business' Cheryl Casone and Dagen McDowell weigh in.
Biden’s corporate tax plan gives CFOs earnings angst
Biden's corporate tax hike plan has CFOs in limbo as they head into earnings season.
JPMorgan profit surges as bank releases cash set aside for bad loans
JPMorgan Chase & Co. reported first-quarter profit spiked nearly 400% after the bank released cash that had been set aside to cover bad loans.
Art Laffer: No reason to 'demonize' stock buybacks
Former Reagan economist discusses the efficiency of the free market in relation to presidential economics.