Investors may feel an impulse to move to cash amid the recent tumult in the stock market. While cash might feel safer than stocks, it can also pose risks for long-term savers, financial advisors say. Cash — like money held in a high-yield bank savings account or a money market...
Op-ed: NYSE systems are working normally, handling record volume more efficiently than during Covid crash, president says
Lynn Martin, NYSE President, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC The great American entrepreneur Henry Ford once said, "The only real security that a man can have in this world is a reserve of knowledge,...
Jamie Dimon says he expects S&P 500 earnings estimates to fall as companies pull guidance
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon said Friday that he expects estimates for...
Wall Street starts to cut China growth forecasts as trade tensions with U.S. escalate
BEIJING — Citi on Tuesday became one of the first investment firms to lower its China growth forecast on escalating trade tensions with the U.S. In less than a week, U.S. tariffs on goods from China have more than doubled, while Beijing has hit back with more duties and restrictions...