Jim Cramer and Jeff Marks, the Club’s director of portfolio analysis, on Thursday ran through all 31 portfolio holdings during the September Monthly Meeting. The two went over the best ways to play the stock market in the last months of 2025 while considering factors like the Federal Reserve’s monetary policy decisions, President Trump’s tariff…
Wells Fargo CEO Charles Scharf said Wednesday that while corporations and higher-income consumers are thriving, lower income Americans are struggling to stay afloat. The bank’s data shows that “companies are in really great shape” and spending among all income levels has been steady, but there are signs of stress among lower earners, Scharf said in…
View of the branches of the Italian bank Monte deo Paschi in Rome. Nurphoto | Nurphoto | Getty Images By late spring, Italy’s banking world was swept up in a storm of convoluted takeover bids and counterbids involving a swathe of the country’s major lenders. Three months later, only one high-profile bid is still standing….
Federal Reserve Board Governor Lisa Cook on Thursday sued President Donald Trump, seeking to block his unprecedented move to fire her. The suit, filed in federal court in Washington, D.C., also names Fed Chairman Jerome Powell and the Board of Governors itself as defendants. Trump said Monday that he was removing Cook because of allegations that she committed…
White House National Economic Adviser Kevin Hassett prepares to give a live television interview at the White House in Washington, D.C., U.S., August 4, 2025. Jonathan Ernst | Reuters President Donald Trump’s top economic adviser, Kevin Hassett, said Wednesday that Federal Reserve Board of Governors member Lisa Cook should go on leave from the central…
Yieldstreet customer Justin Klish, who said he faces $400,000 in losses from investing on the platform. Courtesy: Justin Klish When Justin Klish stumbled upon an ad for Yieldstreet in February 2022, he said, it was the company’s tagline that stuck in his head. “Invest like the 1%,” the startup said. The ad spoke to his…
The stock market ended the week higher as Wall Street speculated on how a spate of economic releases would impact the Federal Reserve’s next interest rate decision. The S & P 500 and Nasdaq both gained nearly 1% over the past five sessions. Both benchmark gauges hit several record closes this week, with the S…
Goldman Sachs CEO David Solomon participates in an Invest America Roundtable in the State Dining Room at the White House, in Washington, June 9, 2025. Evelyn Hockstein | Reuters President Donald Trump on Tuesday said Goldman Sachs CEO David Solomon should either replace the bank’s economist or “just focus on being a DJ,” days after…
A new JPMorgan Chase branch in Charlotte, North Carolina. Courtesy: JPMorgan Chase JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total. The bank is marking the milestone opening in Charlotte, North Carolina, on Thursday where Chairman and CEO Jamie Dimon is attending a…
Group invested assets soared on the back of increases in the lender’s global wealth management and corporate units. Source link
