General Motor’s lending arm is drawing up plans to apply for a banking charter, a move that would allow it to accept deposits and expand its auto-finance business, according to people familiar with the matter.
U.S. stocks register gains for the day and week in thinly trade action that took both the S&P 500 and the Nasdaq Composite to record finishes, a day after the market was closed for the Thanksgiving holiday.
U.S. financial markets close on Thursday for Thanksgiving and will shutter early on Black Friday, and despite a pandemic and volatility this year in markets, investors may not need to search too hard for reasons to be thankful.
The first time the coronavirus blanketed the U.S., tens of millions of jobs vanished and the economy sank into a historic recession. This time around the record spike in coronavirus cases has only destroyed a fraction of the jobs. What comes next?
European stocks edged higher early on Friday despite extended COVID-19 restrictions across the continent and concerns over AstraZeneca’s vaccine candidate.
Futures for gold on Friday head lower and are poised to register the firmest weekly slide since late September, as the commodity has been buffeted by upbeat news on coronavirus vaccines that have driven investors to equities and away from the perceived haven of bullion.
Attendees at an event where the two Democrats running in the special Georgia elections for the U.S. Senate in January on Thursday said they feel optimistic about voter turnout which analysts believe will be a key factor in who will win.
Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., has seen his fund badly trail the broader stock market in 2020.
Bitcoin prices tumble Thanksgiving Thursday, with the No.1 cryptocurrency, pulling back sharply after it was on the verge of notching its first all-time high in about three years.
U.S. financial markets close on Thursday for Thanksgiving and will shutter early on Black Friday, and despite a pandemic and volatility this year in markets, investors may not need to search too hard for reasons to be thankful.