Finance

Spencer Platt | Getty Images People walk by a Wells Fargo bank branch on October 13, 2017 in New York City. Wells Fargo’s earnings beat expectations Friday as the bank reported a 5.5 percent gain in first-quarter profit as it tries to move past its regulatory troubles. Profit of $1.12 …

Rustam Azmi | Getty Images A General View of Marina Bay Sand at Sunrise on September 20, 2016 in Singapore. Singapore’s central bank tightened monetary policy for the first time in six years on Friday, saying the city-state’s economy should remain on a steady expansion path in 2018, even as …

Jacob Kepler | Bloomberg | Getty Images Elliott Management founder and CEO Paul Singer speaks during the SkyBridge Alternatives conference in Las Vegas, May 9, 2012. Hedge fund Elliott Management is pushing UK software company Micro Focus, which merged with Hewlett Packard Enterprise’s software business last year, to sell to …

A cryptocurrency with ties to former hedge-fund manager Michael Novogratz has surged past litecoin into fifth place by market capitalization. CoinMarketCap data showed eos climbed more than 30 percent over the last 24 hours for a market capitalization of nearly $7.1 billion, topping litecoin’s $6.8 billion. Bitcoin is the largest …

Getty Images President Donald Trump waves to journalists after returning to the White House April 5, 2018 in Washington, DC. President Donald Trump said Thursday that a U.S. missile strike on Syria may not be imminent. “Never said when an attack on Syria would take place. Could be very soon …

Trump said in a tweet: “Get ready Russia, because [missiles] will be coming, nice and new and ‘smart!’ You shouldn’t be partners with a Gas Killing Animal who kills his people and enjoys it!” tweet Assets such as gold and U.S. Treasurys — considered less risky options by many investors …

Gold, oil and Treasury prices jumped on Wednesday after President Donald Trump warned Russia that missiles “will be coming” to Syria via Twitter. Trump said in a tweet: “Russia vows to shoot down any and all missiles fired at Syria. Get ready Russia, because they will be coming, nice and …

Getty Images Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill February 27, 2018 in Washington, DC. The Federal Reserve on Tuesday proposed new capital rules that could allow some large banks to reduce their capital reserves. …

Goldman Sachs still isn’t convinced Tesla will be able to meet even its Model 3 production targets. “We believe the sustainable production rate for the second quarter of 2018 is most likely below the 2,000 vehicle mark the company achieved in the final week of the [first] quarter,” Goldman analyst …

If U.S. stock investors believe Chinese President Xi Jinping’s latest speech will significantly tone down the escalating trade dispute, some geopolitics analysts think otherwise. “There was nothing new in that speech. … What was included was incremental steps to expand market access,” said Scott Kennedy, a China expert at the …