Spain's BBVA walks away from merger with Banco Sabadell after confirming tie-up less than two weeks ago
Discussions collapsed after the banks disagreed over the pricing of the deal. Wikimedia BBVA, Spain's second-largest bank, and smaller rival Banco Sabadell have walked away from a planned merger after a price...
Spain's BBVA walks away from merger with Banco Sabadell after confirming tie-up less than two weeks ago
Discussions collapsed after the banks disagreed over the pricing of the deal. Wikimedia BBVA, Spain's second-largest bank, and smaller rival Banco Sabadell have walked away from a planned merger after a price...
Bank of America shares 2 crucial rules for investors to follow as the S&P 500 climbs 6% by year-end 2021
Reuters Bank of America recently released its 2021 stock market outlook. Strategists led by Savita Subramanian detailed their preferred sectors, key investment themes, and a 2021 year end S&P 500 price target of...
Airlines can expect to bleed up to $157 billion in losses until people fly normally again, making 2020 the worst year in aviation history, industry body IATA says
Shutterstock/Philip Pilosian Airlines will rack up losses up to $157 billion until borders reopen safely and a vaccine rolls out, the International Air Transport Association predicted.The loss will be five times the...
The stock-market impact of millennial investors has gotten overblown amid declining trading volumes — and it's actually the older crowd that's exerted more influence, JPMorgan says
Reuters / Lucas Jackson Older retail investors were "partly responsible" for the market's price swings through October and November, while younger traders played "a rather modest role," JPMorgan...
Warren Buffett joked he would be 'eating Thanksgiving dinner at McDonald's' if the US government didn't bail out the banks in 2008
Warren Buffett loves McDonald's. "Becoming Warren Buffett"/HBO Warren Buffett faced a fast-food Thanksgiving in 2008 if US authorities didn't save the financial system, he joked in a CNBC interview in...
Warren Buffett joked he would be 'eating Thanksgiving dinner at McDonald's' if the US government didn't bail out the banks in 2008
Warren Buffett loves McDonald's. "Becoming Warren Buffett"/HBO Warren Buffett faced a fast-food Thanksgiving in 2008 if US authorities didn't save the financial system, he joked in a CNBC interview in...
European shares hover around nine-month highs, while gold gets a boost from a weaker dollar and cryptocurrencies slide
Bull and Bear sculptures outside the Frankfurt Stock Exchange in Frankfurt. Xinhua/Getty Images European shares held around nine-month highs, led by gains in German stocks, while the dollar eased, which boosted...
European shares hover around nine-month highs, while gold gets a boost from a weaker dollar and cryptocurrencies slide
Bull and Bear sculptures outside the Frankfurt Stock Exchange in Frankfurt. Xinhua/Getty Images European shares held around nine-month highs, led by gains in German stocks, while the dollar eased, which boosted...
Bitcoin tumbles by more than $2,000 as cryptocurrency bulls cash in on this month's stellar run
Reuters/Lucas Jackson Bitcoin fell over 10% on Thursday as cryptocurrency traders cashed in on their Bitcoin holdings that have gained 20% in value this month alone. The digital token looked set to hit a record...
Bitcoin tumbles by more than $2,000 as cryptocurrency bulls cash in on this month's stellar run
Reuters/Lucas Jackson Bitcoin fell over 10% on Thursday as cryptocurrency traders cashed in on their Bitcoin holdings that have gained 20% in value this month alone. The digital token looked set to hit a record...
US stocks dip from record levels on disappointing economic data and soaring COVID-19 cases
John Moore/Getty Images US stocks declined on Wednesday as a surprise jump in weekly jobless claims butted heads with vaccine hopes.The Dow Jones industrial average dipped below 30,000 after closing above the level...
US corporate profits jumped a record $495 billion in the 3rd quarter as the economy reopened
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 26, 2020. Jeenah Moon/Reuters US...
Bitcoin could soar to $100,000 by the end of next year as supply rapidly exceeds demand, says a crypto investor
Dado Ruvic/Reuters/Illustration Bitcoin could surge to $100,000 by the end of 2021, according to crypto investor Anthony Pompliano. The co-founder of Morgan Creek Digital told CNBC on Wednesday that bitcoin's...