U.S. stocks were mixed in early trading Tuesday, as investors assessed the latest news on consumer prices and some company earnings.
Interest rates could soon rise in the U.S. for the first time in almost a decade, and that's shaking up financial markets.
U.S. stocks opened higher on Thursday, led by gains in financial stocks after a number of banks got approval from the Federal Reserve to raise interest rates and buy back stock.
The Federal Reserve on Wednesday approved the spending plans for 28 U.S. banks, saying that after "stress tests" they have large enough capital buffers to keep lending through another financial...
JPMorgan Chase says the Federal Reserve cleared its plan to buy back up to $6.4 billion in stock and raise its dividend.
The Federal Reserve is ordering Bank of America to revise its plans for increasing dividends or buying back stock, saying there are gaps in its risk planning.
Qualcomm said Monday that its board approved plans to buy back as much as $15 billion in stock and raised its dividend.
General Motors is agreeing to a $5 billion stock buyback, heading off a proxy fight with a group of hedge funds.
All of the nation's 31 largest banks are adequately fortified to withstand a severe U.S. and global recession and keep lending, the Federal Reserve says.