News

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UK Robinhood rival Freetrade snapped up by trading firm at 29% valuation discount

UK Robinhood rival Freetrade snapped up by trading firm...

U.K. Robinhood rival Freetrade has been acquired by IG Group for £160 million —...

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U.S. sanctions on Russia hit oil freight rates

U.S. sanctions on Russia hit oil freight rates

On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy...

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Target says its holiday sales were better than expected — but its profits weren't

Target says its holiday sales were better than expected...

The big-box retailer's report indicates that deals and promotional events motivated...

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Morgan Stanley tops estimates on strong equities and fixed income trading revenue

Morgan Stanley tops estimates on strong equities and fixed...

While bank stocks have been supported by enthusiasm for rising deal activity, it...

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Bank of America tops estimates on better-than-expected investment banking, interest income

Bank of America tops estimates on better-than-expected...

The company said fourth-quarter profit more than doubled to $6.67 billion, or 82...

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Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts

Bank of Korea leaves rates unchanged in a surprise move,...

Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%

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TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

TSMC net profit hits record high as fourth-quarter results...

TSMC, the world's largest contract chip manufacturer, produces advanced processors...

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Pete Hegseth hearing: Defense pick grilled on sex, alcohol, management allegations

Pete Hegseth hearing: Defense pick grilled on sex, alcohol,...

President-elect Donald Trump has stood behind Pete Hegseth, his controversial nominee...

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Trump says he'll create 'External Revenue Service' to collect tariffs, foreign revenue

Trump says he'll create 'External Revenue Service' to collect...

President-elect Donald Trump has reportedly contemplated declaring a national economic...

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JPMorgan Chase posts record profit as the bank’s massive scale pays off

JPMorgan Chase posts record profit as the bank’s massive...

The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest...