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President Trump once again threatened to fire Federal Reserve Chair Jerome Powell and doubled down on a discredited probe of the central bank.
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Morgan Stanley's results in the quarter were powered by the firm's fixed income and equities trading operations, which produced about $8.5 billion in revenue.
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New York Gov. Kathy Hochul flips position on increased taxation, pushing for NYC pied-à-terre tax to close spending deficit ABC7 New YorkHochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Million The New York TimesNew York Governor Proposing Tax on Second Homes Worth $5 Million or More WSJHochul floats tax on NYC second homes worth $5M or more Gothamist
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Americans rushing to meet the tax deadline are getting bigger refunds on average thanks to Trump's tax law, though the savings are falling short of his promises.
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"It probably won't surprise anyone that we are again putting capital preservation at the top of our priorities," Einhorn said in his latest investor letter.
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U.S. pension funds that delayed rebalancing their portfolios are likely to pump about $400 billion into stocks over the next two quarters, analysts at JP Morgan said, providing a potential boost to...
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