Author: Reuters

A recent run of optimism in markets hit the brakes on Tuesday, as investors pulled back from major stock indices and turned their attention to safe-haven assets like...

Morgan Stanley Chief Executive Officer vf DEsaid on Tuesday the bank expects to set aside a smaller amount of money for potential loan losses in the current quarter, compared with the first...

Wall Street’s S&P 500 and Dow Jones indexes fell on Tuesday, while the tech-heavy Nasdaq hit a record high for the third straight session, as investors eyed this week’s Federal Reserve meeting for signs on how it...

U.S. Federal Reserve policymakers on Wednesday will publish their first economic projections since the coronavirus pandemic set off a recession in February, estimates expected to signal a collapse in output this year and...

Macy’s Inc warned on Tuesday its business was not likely to return to normal until late next year, even as it saw better-than-expected sales from stores reopening after COVID-19 lockdowns were lifted across the United...