Biden tax hike plans only a 'minor speedbump' for US stocks: Goldman Sachs
Democratic presidential nominee Joe Biden’s proposed capital gains tax hike would be a “minor speedbump” for a stock market poised to continue higher, according to Goldman Sachs Group.
Stocks historically win in this election scenario
History suggests a President Trump victory on Election Day would be the best outcome for the stock market.
AMD to buy Xilinx in $35B tech mega-deal
Chipmaker Advanced Micro Devices Inc. on Tuesday reached an agreement to buy solutions provider Xilinx Inc. in a $35 billion all-stock deal.
Trump election win is best case for stocks: JPMorgan
An election victory by President Trump would be the best-case scenario for the stock market, according to JPMorgan.
Hasbro revenue beats estimates as families splurge on board games
Hasbro Inc beat analysts' estimates for quarterly revenue and profit on Monday, boosted by demand for Monopoly and other board games from stuck-at-home parents looking to keep their children entertained.
AmEx profit lags expectations as consumer spending falters
American Express Co missed third-quarter profit estimates on Friday, as its customers spent less during the COVID-19 fueled economic slowdown and it set aside money for potential payment defaults.
Gap exiting malls, to shutter 350 stores by 2024
The San Francisco-based retailer said Thursday that it will be closing 220 of its namesake Gap stores.
Commodities bull market is coming: Goldman Sachs
Commodities are on the cusp of entering a structural bull market, says Goldman Sachs. Here's why.
American Airlines, Southwest post deep losses and renew calls for aid
American Airlines and Southwest Airlines each reported deep losses in the third quarter on Thursday, but said they would burn less cash in the months to come as leisure bookings show signs of recovery from this year's coronavirus-driven collapse.
Whirlpool strains to meet appliance demand
The Benton Harbor, Mich.-based company said Wednesday that revenue in North America fell 1.6% due to coronavirus-related supply constraints in its third quarter. Backlogs for its products remain higher than usual, the company said.
Chipotle books record sales from online orders
Delivery expenses are weighing on Chipotle and other restaurants during the pandemic as more sales happen outside of dining rooms.
Lockheed Martin bolsters forecast amid F-35 strength
Lockheed Martin Corp. reported better-than-expected results that were boosted by its F-35 fighter jet and raised its outlook for the rest of the year.
Wall Street backtracks on 'gridlock is good' stance with post-election stimulus at risk
Investors are having second thoughts about which election outcome may be best for the financial markets, according to JPMorgan.
Biden blue wave sends bearish signal to stocks
Traders on the prediction market website Predictit are pricing in a 56% chance that Democrats take both houses of Congress as well as the presidency, allowing them to ram through bills including tax increases.
Boeing shares take off as 737 Max return cleared by Europe
Boeing shares took off Friday after the European Union’s top aviation regulator cleared the 737 Max jet to return to the skies as soon as this year.
Stocks mixed as Dow, S&P register third week of gains
COVID-19 vaccine hopes outweighed stimulus concerns on Friday.
Amazon Prime Day produces $3.5B in sales for small, medium-sized businesses
Amazon Prime Day propelled small- and medium-sized businesses to their two biggest days ever on the e-commerce platform.
Walgreens returns to profitability as business rebounds from coronavirus lockdowns
Walgreens Boots Alliance returned to profitability in the three months through August as business gradually recovered in key markets that were hit hard by the COVID-19 pandemic.
Wells Fargo overcomes pandemic, fake-account fallout in return to profitability
The San Francisco-based lender earned $2.04 billion, or 42 cents per share, missing the 45 cents that Wall Street analysts surveyed by Refinitiv were expecting. The results were an improvement from last quarter’s $2.38 billion loss, but marked a 56% decline from the $4.61 billion earned a year ago.
Goldman Sachs rides trading, dealmaking to record earnings
Goldman Sachs Group reported record quarterly earnings driven by continued strength in trading and deal making.



















