With the announcement of Jerome Powell as the new Federal Reserve Chair, banks are likely to see a battle between a boost from deregulation supported by the new Fed leader and the challenge of a flattening yield curve as monetary policy is likely to remain on ... More »
The S&P 500 posted its sixth straight record high close on Thursday, its longest run since 1997, as investors cheered increased prospects for a tax overhaul with Congress moving closer to agreement on a budget resolution. More »
Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., March 21, 2017. REUTERS/Lucas Jackson Shares in U.S. banks tumbled on Tuesday as investors shrunk back from a post-election rally on worries that ... More »
A man using mobile phone walks past at an electronic board showing Japan’s Nikkei share average outside a brokerage in Tokyo, Japan, July 6, 2016. REUTERS/Issei Kato Appetite for Asian stocks and the euro ebbed on Tuesday as a rising tide of economic and polit... More »
