Bank Stocks Hit Speed Bump: JPMorgan, Wells Fargo, BofA Each Slide Over 2%
Major bank stocks gave back gains Wednesday as JPMorgan, Bank of America, and Wells Fargo each fell more than 2%. The pullback comes after a blistering start to 2026.
538 articles found for "passive income"
Constellation Brands Reports Q3 Earnings: Beer Strength Can't Offset Wine and Spirits Drag
Constellation Brands reports fiscal Q3 2026 earnings with strong beer performance from Modelo and Corona offset by continued weakness in wine and spirits segment.
Oil Prices Tumble to Two-Year Lows as Global Surplus Fears Grip Energy Markets
WTI crude falls below $57 per barrel as Venezuela oil transfers and potential Ukraine peace deal raise the specter of a major supply glut in 2026.
Strategy Averts $15 Billion MSCI Crisis as Index Provider Extends Digital Asset Consultation
Strategy (MSTR) shares jumped after MSCI announced it will not immediately exclude digital asset treasury companies from its indexes, averting potential forced selling of $15 billion.
The Great Consumer Retrenchment: January 2026 Brings the 'Spending Breather' Wall Street Feared
American consumers are pulling back after the holiday rush, with real spending growth expected to drop to just 1.5% in 2026 as debt levels and tariff fears weigh on households.
The Equal-Weight Advantage: Why S&P 500 Market Breadth Is Finally Improving in 2026
The S&P 500 Equal Weight Index is outperforming its cap-weighted counterpart as market breadth expands beyond the Magnificent Seven in early 2026.
The AI Layoff Wave 2.0: Why Goldman Sachs Warns Automation Could Trigger Another Round of Job Cuts in 2026
Goldman Sachs analysts warn that 2026 could bring another wave of AI-driven layoffs as companies shift budgets from human workers to automation. Half of AI-attributed layoffs may be quietly rehired offshore.
Goldman Sachs Reaches $920 All-Time High: Inside the Historic Bank Stock Rotation
Goldman Sachs stock reached an all-time high of $920 on January 6, 2026, as the financial sector led what analysts are calling the 'Great Rotation' from tech to banks.
Treasury Secures Historic Global Tax Exemption for U.S. Multinationals
The Trump administration has secured an exemption for U.S.-headquartered companies from the OECD's global minimum tax, reversing a key Biden-era policy initiative.
Medicare's GLP-1 Breakthrough: What the New $50-Per-Month Program Means for 35 Million Americans
The BALANCE program will enable Medicare beneficiaries to access weight loss drugs like Wegovy and Mounjaro for $50 monthly, potentially transforming obesity treatment.
Healthcare Stocks Emerge as January's Top Performer: Why Defensive Plays Are Back in Favor
The healthcare sector rose 1.6% on Tuesday to lead all S&P 500 sectors, signaling a defensive rotation as investors prepare for critical economic data this week.
Energy Transfer's $5 Billion Bet on Natural Gas: Inside the Pipeline Giant's 2026 Growth Plan
Energy Transfer announces $5 billion to $5.5 billion in growth capital expenditures for 2026, targeting natural gas infrastructure expansion with mid-teens returns.