Investing

On Tuesday, JPMorgan analysts upgraded Delek US Holdings (NYSE: DK) stock from Underweight to Neutral, increasing the price target to $26 from $23, suggesting a potential upside of 36% from…

US crude oil prices have experienced a sharp decline, with West Texas Intermediate (WTI) crude falling to $66.11 per barrel and Brent crude dropping below $70. This marks a significant…

Ally Financial Inc. (NYSE: ALLY) saw its stock plummet by as much as 18% today following comments from Russell Hutchinson, the company’s Chief Financial Officer. Hutchinson attributed the sharp decline…

By Tatiana Bautzer and Manya Saini NEW YORK (Reuters) -Citigroup’s investment banking fees are expected to jump 20% in the third quarter from a year earlier, Chief Financial Officer Mark…

By David Ljunggren OTTAWA (Reuters) – Justin Trudeau may survive as Canada’s prime minister into next year, political analysts say, even though his minority Liberal government is more vulnerable after…

By Nell Mackenzie LONDON (Reuters) – Trend-following hedge funds took a hit from their bets on the New Zealand dollar and Japanese stocks and bonds in August, when global markets…

(Reuters) – Japanese steelmaker Nippon Steel’s vice-chair will meet senior U.S. officials in Washington on Wednesday in an attempt to save its proposed $14.9 billion takeover of U.S. Steel, the…

(Reuters) – U.S. inflation-adjusted household income increased but a measure of the poverty rate also edged up last year, the U.S. Census Bureau reported on Tuesday, offering a snapshot of…

By Carolina Mandl and Tatiana Bautzer NEW YORK (Reuters) -Wall Street is anticipating a hit to corporate earnings and the stock market if Democratic presidential candidate Kamala Harris wins in…