Shares of Morgan Stanley, like those of its peers, have whipsawed in recent days amid President Donald Trump’s trade policies.
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JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects
JPMorgan Chase will be the first major U.S. bank to report earnings for the most recent quarter in a time of rising economic uncertainty.
Continue readingThe wealthy are loading up on cash, gold and family trusts during market turmoil
Several top executives in wealth management said that unlike the crashes in 2020 or 2008, high-net-worth investors were feeling less pressure to sell.
Continue readingState Farm pleads for emergency rate hikes on California homeowners
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.
Continue readingTrump’s pivot on tariffs shows that Wall Street still has a seat at his table
This past week shows that financial markets, and by proxy Wall Street statesmen like Jamie Dimon, are still guardrails on the Trump administration.
Continue readingTrump’s immigration policy is weighing on beer sales, Constellation Brands CEO says
Roughly half of Constellation’s beer sales come from Hispanic consumers.
Continue readingMLB weighs a salary cap as potential lockout looms in 2026
MLB executives at both the league and team level have discussed what a new league economic structure could look like as the CBA expires 2026.
Continue readingWalmart is facing tariffs and recession fears. It may have a secret weapon to keep growing
Walmart said its Walmart+ members account for about half its e-commerce sales, a key source of revenue as tariffs raise worries about the economy.
Continue readingMortgage rates slingshot higher as tariff uncertainty roils markets
After falling sharply last week, mortgage rates rose again this week, wiping out any advantage to the spring housing market. Tariffs were behind the volatility.
Continue readingAs warehouse clubs boom, Walmart-owned Sam’s Club plans to open 15 stores per year
The warehouse club is speeding up its expansion plans, even as tariffs rattle Wall Street and injected fresh uncertainty about the economic outlook.
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