Ally Financial plunges 19% after CFO says its borrowers are struggling
Shares of Ally Financial plunged as much as 19% on Tuesday after the company’s CFO said it is seeing…
I’ve applied to nearly 2,200 jobs and am ready to give up
Kevin Cash plans to give up applying for jobs once he hits 2,200 applications. I’ve been spending less time…
Why oil prices have cratered to their lowest level in nearly 3 years
Oil prices plunged on Tuesday to hit their lowest level since December 2021. Prices for brent crude, the international…
Stock market today: Indexes rise as traders eye debate and upcoming inflation report
In a break with the Biden campaign, Harris is insisting that both candidates’ mics remain on during the entire…
Apple will hit a $4 trillion market cap in 2025 as the iPhone 16 sparks big upgrade cycle, Wedbush says
Apple’s upcoming launch of the iPhone 16 will help catapult the company to a $4 trillion valuation in 2025,…
No bear market for stocks in sight even as macro and policy uncertainty threaten further volatility, Goldman Sachs says
Macro and policy uncertainty have raised warning signs for further volatility for stocks in recent weeks, but the risk…
The 2 dates that could sink Kamala Harris’ campaign — outside of tonight’s debate
Poor jobs data for September or October could hurt Kamala Harris’ campaign as the recession fears grow. Tonight’s presidential…
Stocks won’t hit new highs anytime soon and 3 things mean the market is fairly valued, Wells Fargo says
The stock market’s long winning streak may be done for now, Wells Fargo said. The bank’s strategists warned that…
Jamie Dimon says succession planning is top of mind right now: ‘We all want to get that exactly right’
Dimon said president and COO Daniel Pinto ‘could run the bank tomorrow.’ JPMorgan Chase chairman and CEO Jamie Dimon…
4 positives to focus on as recession fears grip the market, Deutsche Bank says
It’s an uncomfortable time for equity investors, with the S&P 500 fresh off its biggest weekly decline in 18…