JPMorgan Still Leads the Big Banks on Earnings

JPMorgan Still Leads the Big Banks on Earnings

JPMorgan Chase continues to set the pace among major banks with second-quarter results that beat expectations and the highest return on tangible equity in the group. The bank’s shares initially traded lower Tuesday morning, but were up 42 cents at …
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Harris wants to cut drug prices, tax 'price-gouging' companies

Democratic presidential candidate Kamala Harris rolled out a policy blueprint to slash prices for prescription drugs when they cost less in other
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Blue Apron stock soars as news of Beyond Meat menus sparks a round of short covering

Shares of meal-kit company Blue Apron Inc. rallied Tuesday, after the company said it would start adding Beyond Meat Inc.’s plant-based proteins to its menus starting in August, sparking a round of short covering. The stock APRN, +51.99% soared 33% on …
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Trade War Hands China Chance to Globalize Yuan, Central Banker Says

The Chinese yuan is being given a new opportunity to boost its global status amid rising trade conflicts, according to People's Bank of China Deputy
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US Factory Output Climbs More Than Expected as Autos Advance

U.S. factory output rose by more than expected in June on a solid gain in motor-vehicle production, suggesting American manufacturing is regaining a
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