CARACAS, Venezuela— President Nicolas Maduro may be struggling to feed Venezuela but his socialist administration still managed to make a $500,000 donation to Donald Trump's inauguration, records released Wednesday show. Inaugural committee records filed with the Federal Election Commission show Citgo Petroleum, a U.S. affiliate of Venezuela's state...
Companies are feeling pretty good about the economy and that should allow for a good year for the market, Katz said.
David Katz shares his market views in an interview on CNBC's "Power Lunch" Wednesday.
Morgan Stanley didn't just hit its earnings target, it hit it out of the park, confirming that chief rival Goldman Sachs made a mess in the first quarter.
David Katz, Matrix Asset Advisors CIO, and Bruce McCain, Key Private Bank chief investment strategist and senior vice president, weigh in on the markets.
Major corporations and business titans fueled a huge fundraising haul for Donald Trump's inauguration.
Some of the names on the move ahead of the open.
Morgan Stanley's results are bolstered by strong performances from its trading and investment banking businesses.
Investors are selling big dividend payers as bond yields rise, and a sharp drop in IBM sent the Dow Jones industrial average down. The Dow lost 114 points, or 0.6 percent, to 20,409. Half of the blue-chip index's losses came from IBM. The Russell 2000 index of small-company stocks added 7 points, or 0.5 percent, to 1,368 after a late gain a day earlier.
Analysts Brian Belski and Peter Boockvar provide insight on investor reactions to bank earnings for the first quarter.
The "Fast Money" traders weigh in on the banks, following the big earnings miss for Goldman Sachs.
Only a tax break spared the $90 billion Wall Street firm a dreary first quarter. Its young online banking unit is growing fast, though.
President Trump signed an executive order Tuesday calling for a full review of the H-1B visa program. Here's who will be most affected.
Chris Kotowski, senior analyst at Oppenheimer, remains bullish on Goldman despite disappointing earnings.
Several analysts took Goldman Sach's rare earnings miss Tuesday as a sign of more challenges to come for the premier Wall Street firm.
"Any major occurrence in the industry is going to impact us all," said Richard Hunt, president of the Consumer Bankers Association, the trade and lobbying group that organized the recent CBA Live gathering. The board also reclaimed another $75 million in pay from former CEO John Stumpf and former community bank executive Carrie Tolstedt, saying they dragged...
Goldman Sachs' stunning first-quarter profit disappointment immediately set off some serious head-scratching on Wall Street.
When Goldman Sachs has a bad month like it is now, it's rare for the market to be higher.
Goldman Sachs earnings miss on the top and bottom lines as trading revenue disappoints.
NEW YORK— Goldman Sachs had a rare miss in its first quarter results, the bank said Tuesday, as its typically best-in-class trading desks did not perform as well as its competitors. The New York- based investment bank earned $2.16 billion compared with $1.2 billion in the same period a year earlier. On a per-share basis, Goldman Sachs earned $5.15 a share versus...