Mortgage refinancing jumps 20% to begin the year
The number of people intent on purchasing a home rose in the past week by 8%.
Affirm Holdings prices US IPO above target range, raises $1.2B
Affirm Holdings sold shares in its IPO at $49 apiece, above its target range, to raise $1.2 billion
Walmart teams up with investment firm behind Robinhood on new fintech startup
The startup will be majority-owned by Walmart, with its CEO and CFO on the company's board along with Ribbit Capital's managing partner, Meyer Malka.
Bitcoin can hit $146,000 as gold plays factor: JPMorgan
Bitcoin's record run may continue in 2021.
Banks receive Fed approval to buy back stock
Bank stocks rallied sharply Monday after the Federal Reserve gave financial institutions the greenlight to buy back shares.
Lululemon sales spike amid coronavirus as athleisure trend grows
The athleisure trend continues to boost sales for these brands during pandemic.
Goldman Sachs eying Florida move for key division, report says
The potential development comes on the heels of several other investment companies moving from the Big Apple to down South — and battering New York’s bottom line with the loss of white-collar jobs.
DeVos suspends student federal loan payments through January
The Trump administration extending a moratorium that started early in the pandemic but was set to expire at the end of this month.
Walmart's Flipkart to spin off digital payments business
PhonePe competes with Alibaba-backed home-grown payments pioneer Paytm and Google Pay
Former Citi exec Ray McGuire launches NYC mayoral run in Spike Lee-narrated video
Wall Street executive Ray McGuire announced his run for New York City mayor on Wednesday with a video narrated by film director Spike Lee.
S&P Global to buy IHS Markit in deal valued at $44B
The mega deal, which includes $4.8 billion of debt, is a sign that deal-making activity is accelerating as breakthroughs in developing COVID-19 vaccines improve the economic outlook.
HSBC considers exit from US retail banking: FT
The bank's senior management aim to present the plan to the board in the coming weeks.
US SEC chief Jay Clayton to step down at the end of 2020
Under Clayton, the SEC has pursued changes to regulations that critics saw as burdensome or hindering corporate growth, often in the face of opposition from Democrats and investor advocates.
Texas Gov. Abbott welcomes major stock exchanges to Austin
Texas Gov. Greg Abbott will on Nov. 20 host representatives from major U.S. stock exchanges considering whether to relocate their data centers from New Jersey to the Lone Star state amid the threat of higher taxes.
JPMorgan CEO Jamie Dimon: Biden win is 'time for unity'
JPMorgan CEO Jamie Dimon weighs in Biden's 2020 win.
Wall Street donations favor Trump rival Joe Biden by smaller margin than Hillary Clinton
Wall Street has been pouring money into the coffers of former Vice President Joe Biden’s campaign, but not at the pace seen during the 2016 election.
AIG names new CEO, plans spin off life and retirement unit
President Peter Zaffino will become chief executive officer, effective next year.
AmEx profit lags expectations as consumer spending falters
American Express Co missed third-quarter profit estimates on Friday, as its customers spent less during the COVID-19 fueled economic slowdown and it set aside money for potential payment defaults.
Goldman Sachs to recoup top executives' pay after costly 1MDB fines
Goldman Sachs Group Inc. is seizing tens of millions of dollars from top executives after agreeing to a costly settlement to resolve multiple government investigations into its role in a Malaysian bribery scandal.
NSA warns Pentagon about Chinese government hackers
The agency called on the department to take precautions against malicious campaigns