Bank of America

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Christine Lagarde, President of the European Central Bank.  Governors of the ECB are expected  to prepare the ground for new stimulus, armed with a new set of forecasts on the bloc’s sluggish recovery and with the coronavirus pandemic resurging. Photograph: Daniel Roland/AFP via Getty Images

European stocks fluctuated as investors waited for the outcome of the European Central Bank meeting that could signal more stimulus given weak inflati(...)

JPMorgan rose 3.3 per cent. Photograph: iStock

Shares of JP Morgan Chase and Bank of America climbed early on Thursday after Deutsche Bank upgraded both, saying bank stock performance is about to g(...)

Apple’s shares lost 8 per cent, wiping more than $150 billion (€127 billion) from the iPhone maker’s value.

Technology stocks that have powered US equities to record highs this summer went into sharp reverse on Thursday, sending the Nasdaq Composite index tu(...)

Tesla chief executive Elon Musk

Tesla said on Tuesday it plans to raise up to $5 billion through a share sale programme to be conducted by Wall Street’s main brokerages. The sales a(...)

Consumer technology in the Covid-19 environment is essential, not nice-to-have.

The grotesquely lopsided nature of the record-breaking rally in US stocks reveals a good deal about modern human behaviour and about what investors no(...)

Photograph: Spencer Platt/Getty

The US market hit all-time highs last week and has now rallied more than 50 per cent since bottoming in March. With this happening in the middle of a (...)

‘Additional fiscal aid would likely be important for supporting vulnerable families, and thus the economy more broadly, in the period ahead,’ the Fed minutes said. Photograph: Brendan Smialowski/AFP

US Federal Reserve officials have moved closer to a consensus on how to take further action to help the economy weather the protracted coronavirus cri(...)

In Asia-Pacific, Australia’s S&P/ASX 200 rose 0.8 per cent. China’s CSI 300 index of Shanghai and Shenzhen-listed stocks fell 0.1 per cent and Hong Kong’s Hang Seng gained 0.1 per cent.

Wall Street’s benchmark stock index has struck an all-time intraday high after rallying more than 50 per cent from the bear-market low hit during the (...)

One bondholder described the deal, which implies a recovery value of about 55 cents on the dollar, as a “creative compromise”. Photograph: iStock

By the time members of Argentina’s biggest bondholder group hopped on to their weekly conference call at 9am on Monday, August 3rd, the anxieties of t(...)

Berkshire Hathaway chief executive Warren Buffett. The holding company said the effects of the pandemic on the airline sector ‘continues to be particularly severe’. Photograph: Johannes Eisele/AFP

Warren Buffett’s Berkshire Hathaway reported a surge in profits in the second quarter as the value of its stock portfolio rebounded, offsetting a near(...)

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