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Invesco demands $100M in Robertshaw bankruptcy
NEWS INDUSTRY NEWS JUL 16, 2024
Invesco demands $100M in Robertshaw bankruptcy

Firm wants compensation for losing its senior position in reorganization.

Trump's second-term run threatens muni bonds' tax edge
INVESTING FIXED INCOME JUL 15, 2024
Trump's second-term run threatens muni bonds' tax edge

A long-enshrined tax exemption to municipal bonds could end up scrapped if the 45th president gets his way.

Goldman Sachs posts earnings beat as traders outpace estimates
NEWS INDUSTRY NEWS JUL 15, 2024
Goldman Sachs posts earnings beat as traders outpace estimates

Q2 earnings rose 2.5 times above the same period last year, but results from its merger business fell short of analyst estimates.

'Trump trade' intensifies in global markets
NEWS INDUSTRY NEWS JUL 15, 2024
'Trump trade' intensifies in global markets

Expectation rises of return to White House for former president.

US futures little changed amid latest geopolitical shock
NEWS INDUSTRY NEWS JUL 15, 2024
US futures little changed amid latest geopolitical shock

Increased near-term volatility is likely though.

Gunman appeared in BlackRock commercial
NEWS INDUSTRY NEWS JUL 15, 2024
Gunman appeared in BlackRock commercial

Firm says it will remove the 2022 ad from circulation.

Wall Street says climate activists' arguments are flawed
NEWS INDUSTRY NEWS JUL 15, 2024
Wall Street says climate activists' arguments are flawed

Finance firms insist they are driving the transition to clean energy.

Wells Fargo slides as higher-than-expected costs tarnish quarterly results
NEWS INDUSTRY NEWS JUL 12, 2024
Wells Fargo slides as higher-than-expected costs tarnish quarterly results

After the disappointing data point, the lending giant suffered a single-day drop reminiscent of last year's regional banking crisis.

JPMorgan posts profit record on Visa gain, dealmaking revival
NEWS INDUSTRY NEWS JUL 12, 2024
JPMorgan posts profit record on Visa gain, dealmaking revival

The banking giant shattered expectations across its Wall Street businesses, including $2.4B in investment banking fees.

S&P futures stabilize ahead of Wall Street earnings
NEWS INDUSTRY NEWS JUL 12, 2024
S&P futures stabilize ahead of Wall Street earnings

Expectation of earnings broadening out from megacap big tech.