Bank of America profit tops estimates as higher rates boost income
By Manya Saini and Lananh Nguyen (Reuters) -Bank of America Corp reported a bigger-than-expected fourth-quarter profit on Friday, helped by…
Economy
Wells Fargo misses profit estimate on higher reserves, scandal costs
By Noor Zainab Hussain and Hannah Lang (Reuters) -Wells Fargo & Co on Friday reported a 50% decline in profit…
Investors jump into equities and bonds in Goldilocks scenario – BofA
LONDON (Reuters) -Investors poured money into equity and bond funds and moved money out of gold in the week to…
Goldman Sachs’ investment team bullish on equities -report
By Carolina Mandl NEW YORK (Reuters) – Goldman Sachs Investment Strategy Group expects U.S. equities to generate positive returns for…
Analysis-Softer inflation print stirs hopes of ‘Goldilocks’ scenario for U.S. markets
By David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) -Some investors believe a slowdown in U.S. inflation last month…
Debt bomb, biotech bump and a bond rally: 2023 money predictions
By Chris Taylor NEW YORK (Reuters) – If there was only one word to sum up 2022, “unpredictable” might be…
Rebound in U.S. stocks faces earnings test
By Caroline Valetkevitch NEW YORK (Reuters) – A tentative bounce in U.S. stocks is about to face a key test,…
Analysis-U.S. credit lures investors but recession risk could mean wild 2023
By Davide Barbuscia, Carolina Mandl and Shankar Ramakrishnan NEW YORK (Reuters) – Investors are increasing their exposure to U.S. corporate…
Tight supply to support oil prices in H2, Morgan Stanley says
(Reuters) – Morgan Stanley expects the oil market to tighten during the third and fourth quarter of 2023, supported by…
Asian FX bulls jump to multi-year highs, spurred by China reopening: Reuters poll
By Archishma Iyer (Reuters) – Bullish bets on the Thai baht and Chinese yuan hit five-year highs as China’s sharp…