Trading boosts banks' results
Profit fell at some of the U.S.' biggest banks, but strong trading results helped lift JPMorgan Chase's and Citigroup's revenue past estimates. Fred Katayama reports.
"As early as this summer, a proposed move could begin to unleash almost $1tn into consumers' wallets. By the autumn, it could be on its way to $2tn."
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
A big cash pile protects the above-average core operations of this stellar company.
David Kirsch, 64, is hoping to live comfortably in retirement — but he isn't sure his savings and Social Security will cover his living expenses.
This industry-leading company is out of favor and worth buying now.
This stock is clearly a favorite of both famous billionaires.
Four industry-leading businesses with deceptively fast earnings growth rates are ripe for the picking by opportunistic investors.
MPLX is a well-oiled cash-producing machine.
Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how long you expect to live. The earlier you would receive a lump sum payout, the more it will be worth to you […] The post Should I Take a $48,000 Lump Sum or $462 Monthly Payments for a Pension Annuity? appeared first on SmartReads by SmartAsset.
Vernon Hill’s Commerce Bancorp was about to open its first New York City branch in 2001 when his wife, Shirley, called wanting to know whether dogs could be allowed inside. Shirley Hill, also the branch designer, had been stopped from bringing the couple’s Yorkshire terrier, Sir Duffield, into other banks. Vernon Hill, the bank’s founder and chief executive, declared it “just another stupid bank rule” and launched a campaign to encourage dogs to visit Commerce.