JPMorgan profit shrinks as it sets aside $3B for deposit insurance fund
The largest U.S. lender has benefited from its acquisition of failed First Republic Bank in May that brought in billions of dollars of loans and bolstered its net interest income.
Bank of America profit falls on $3.7B in charges
The U.S. lender posted net income of $3.1 billion, or 35 cents a share, for the three months ended Dec. 31. That compares with $7.1 billion, or 85 cents a share, a year earlier.
Fed likely to hold tight with its hawkish inflation policy: Mark Smith
Wells Fargo Advisors SVP Mark Smith and Osaic chief market strategist Phil Blancato analyze December inflation data and discuss how investors should play the bond market on 'Making Money.'
Fed should not cut rates at all, they might raise them: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari discusses whether Fed rate cuts are still on the table as inflation ticks up on 'Making Money.'
Fed is in an inflation conundrum: Kevin Mahn
Hennion & Walsh Asset Management President and CIO Kevin Mahn discusses the state of the Fed's inflation fight after consumer prices rose more than expected in December on 'The Big Money Show.'
Investors are still in a 'chase market': Ted Oakley
Oxbow Advisors managing partner Ted Oakley on a recession probability and the market's best consensus trades.
Bitcoin is 'inflation-proof money': Perianne Boring
Chamber of Digital Commerce founder and CEO Perianne Boring discusses whether Bitcoin can coexist with fiat money on 'Making Money.'
Big Banks have been running on a Fed fantasy: Erika Najarian
UBS large-cap banks analyst Erika Najarian explains how Fed rate cuts could impact bank stocks on 'Making Money.'
Markets preparing for 'reasonably strong economy' in 2024: Mark Avallone
Potomac Wealth Advisors founder and president Mark Avallone details the other economic factors that may offset a weakening consumer.
Economic environment is similar to 2008 crisis conditions: Danielle DiMartino Booth
Quill Intelligence LLC CEO and chief strategist Danielle DiMartino Booth reacts to JPMorgan CEO Jamie Dimon sounding the alarm on a potential recession on 'Making Money.'
Housing market has a lot more mortgage rate predictability: Sam DeBianchi
DeBianchi Real Estate President and realtor Sam DeBianchi gives advice to millennials who are struggling to buy homes on 'Making Money.'
Inflation could 'whiplash' in 2024, 2025: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari reacts to Jamie Dimon saying high Fed rates may lead to a recession on 'The Big Money Show.'
Wall Street is in the middle of a tech bull market: Jeffrey Small
Arbor Financial President Jeffrey Small reveals which Big Tech stocks will outperform the market again in 2024 on 'Varney & Co.'
Meetkai's mission to change the way people interact with the web
Meetkai Executive Chairwoman Weili Dai, CEO James Kaplan, and Chief Business Officer Peter John Alexander discuss the future of A.I. and the metaverse on 'Making Money.'
Fed rate cuts are off the table in 2024: Tracy Shuchart
Hilltower Resource Advisors CEO Tracy Shuchart says Red Sea attacks are causing supply chain disruptions, adding to inflationary pressures on 'Making Money.'
Spend your money before you die: Bill Perkins
'Die With Zero' author Bill Perkins discusses whether leaving money to children is a good idea on 'Cavuto: Coast to Coast.'
Markets will 'grind higher' throughout 2024: Steve Chiavarone
Federated Hermes senior portfolio manager Steve Chiavarone argues markets will move to new highs due to 'broadening out' in 'catch-up trades.'
Apple has some 'very serious' issues: Jeff Sica
Circled Squared Investments founder Jeff Sica discusses whether Microsoft can take over Apple as the company with the biggest market cap on 'Varney & Co.'
Markets are about to be hit with a 'flood of money': Phil Blancato
Osaic chief market strategist Phil Blancato argues both the stock and bond markets are due for an infusion of capital on 'Making Money.'
December jobs report wasn't as strong as initial reaction suggested: Michelle Girard
NatWest Markets U.S. head Michelle Girard breaks down the December jobs reports and discusses the impact of the Fed's next rate decision on 'Making Money.'