Finance

FIRST ON FOX: A Goldman Sachs small business initiative is calling on 2024 political candidates to oppose efforts to restrict small business owners' access to capital.

Foreign investors with funds frozen in Russia can now buy blocked assets of Russians abroad in light of a decree signed by Putin on Wednesday.

Former New York Stock Exchange President Tom Farley is among three suitors vying to buy the remnants of FTX, as the auction for the collapsed crypto exchange reaches its final stages.

The credit-card program is largely marketed toward people who buy and own General Motors cars. Goldman is also the issuer for the Apple credit card, which is much larger.

Walt Disney announced Monday it is bringing on former PepsiCo executive Hugh Johnston as the company’s new senior executive vice president and chief financial officer beginning on Dec. 4.

Employment rose by 150,000 in October, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics (BLS).

The average 30-year fixed-rate mortgage increased to 7.76% for the week ending Nov. 2, according to Freddie Mac's latest Primary Mortgage Market Survey.

JPMorgan CEO Jamie Dimon plans to sell a portion of his family’s holdings in the bank for the first time, offloading 1 million of the 8.6 million shares, according to an SEC filing.

Exxon Mobil Corp reported a $9.1 billion third-quarter profit, about a 54% drop from record earnings a year ago. The decline comes as oil prices retreat from higher levels.

An uptick in consumer spending helped the U.S. economy grow in the third quarter and increased the odds of a soft landing.

Warren Buffett’s Berkshire Hathaway increased its stake in Occidental Petroleum this week, taking on another 3.9 million of the company’s stock, according to an SEC filing.

Boeing said it is reducing deliveries of its popular 737 Max jet this year after spotting a quality issue involving the aircraft’s pressure bulkhead. Still, the planes remain cleared to fly.

General Motors pulled its profit and EV guidance for 2023 as costs related to the UAW strike now reach $200 million every week, the automaker confirmed.

Coca-Cola lifted its annual revenue and profit forecasts after beating quarterly results on the back of higher pricing, Atlanta-based company posted on Tuesday.

Amazon’s latest delivery drone, the MK30, can deliver packages weighing up to five pounds to customers through light rain in under an hour, the company announced.

Sky-high budget deficits are outpacing the last fiscal year by almost 25% as interest costs on federal debt rise, outpacing 2021's $2.8 trillion gap.

American Airlines reported an adjusted profit of 38 cents per share for the quarter ended Sept. 30, beating analysts' average estimates of 25 cents per share.

Rolls-Royce is reducing its global staff by 2,000 to 2,500 employees to create a more agile business, the company, which employs 6,000 Americans, said Tuesday.

Philadelphia Fed President Patrick Harker said that he believed the central bank could hold rates where they are if economic and financial conditions evolve as they have been.

The Wall Street giant's net profit slumped 33% to $2.06 billion, or $5.47 per share, it said on Tuesday. Analysts on average had expected a profit of $5.31 per share.