banking

Bannon's Exit Impacts Stock Market

Bannon's Exit Impacts Stock Market

Friday was a happening day both for the White House and the U.S. stock market. Steve Bannon quit as chief strategists, making room for plenty of speculation about what went wrong and whether the exit was voluntary or forced.  Apart from the fac..

Dollar Rises with US Job Openings at Record High

Dollar Rises with US Job Openings at Record High

The dollar rose to a one-week high on Tuesday after the Labor Department reported that U.S. job openings have a reached a record high in June.The Labor Department said on Tuesday that job openings, a measure of labor demand, increased 461,000 to a s..

Deutsche Bank Moves $350 Billion to Frankfurt

Deutsche Bank Moves $350 Billion to Frankfurt

Deutsche Bank AG (NYSE: DB) plans to shift about $350 billion from the U.K. to Frankfurt as client trading and assets migrate there after Britain’s decision to leave the European Union. This project is called Bowline and calls for Frankfu..

Morgan Stanley Tops Goldman Sachs; Shares Jump

Morgan Stanley Tops Goldman Sachs; Shares Jump

Shares of Morgan Stanley (NYSE: MS) were up in morning trading today as it opened up at $46.95, up 3.9% and at noon is currently sitting at $46.08, up $0.91 and around 2%. Shares jumped as the bank reported better-than-expected earnings for the seco..

Intel Presented New Line of Chips

Intel Presented New Line of Chips

Intel Corporation (NASDAQ: INTC) revealed this week the latest line of microprocessor chips for servers and cloud data centers. The chips proved to be innovative, according to experts, and showed larger-than-expected performance improvements.In..

Mortgage Rates are Near Yearly Lows

Mortgage Rates are Near Yearly Lows

Mortgage rates are back to near yearly lows. The latest data published by Freddie Mac on Thursday shows that the 30-year fixed-rate average slipped to 3.9 percent with an average 0.5 point. Despite the slight decline, the 30-year fixed rate is still..