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Tough markets hit BlackRock results; shares slump 4 percent
BlackRock Inc's quarterly revenue fell short of Wall Street's expectations on Tuesday as the world's biggest asset manager reported its lowest sales of equity, bond and other long-term investments since the second quarter of 2016......»»
Wells Fargo quarterly revenue falls 5 percent
Wells Fargo & Co on Tuesday said quarterly revenue fell 5 percent, hurt by lower revenue across all of its businesses, including community banking, the unit most closely tied to a 2016 sales scandal......»»
Wells Fargo quarterly revenue falls 5 percent
Wells Fargo & Co on Tuesday said quarterly revenue fell 5 percent, hurt by lower revenue across all of its businesses, including community banking, the unit most closely tied to a 2016 sales scandal......»»
Cryptocurrencies crash in brutal sell-off, with bitcoin down nearly 10 percent
Bitcoin, the most popular and valuable token, fell by more than 20 percent in early morning trading before recovering some of its losses......»»
Mortgage rates remain under 3 percent for third week in a row
The 30-year fixed-rate average fell for the fourth time in the past five weeks and now stands at 2.96 percent......»»
Covid concerns cause mortgage rates to retreat
The 30-year fixed-rate average fell for the second week in a row, dropping to 3.04 percent......»»
Fixed mortgage rates upward march halted as they fall for the first time in 7 weeks
The 30-year fixed-rate average had been on a steady climb for nearly two months but fell to 3.13 percent this week......»»
Mortgage rates drift lower as investors worry about pandemic
The 30-year fixed-rate average fell for the second consecutive week, dipping to 2.73 percent......»»
Mortgage rates slide to historic lows for third time this month
The 30-year fixed-rate average fell to 2.66 percent, surpassing the low it set last week. Since the beginning of the year, it has fallen more than a percentage point......»»
New-Home Sales Fall Sharply in November Amid Affordability, Inventory Concerns
New-home sales fell sharply month-over-month, dropping 11.0 percent below the revised October rate. But year-over-year, sales recorded 20.8 percent above th.....»»
Fixed mortgage rates tumble to lowest levels in history
The 30-year fixed-rate average fell to 2.67 percent. It has never been this low since Freddie Mac began tracking mortgage rates in 1971. It surpassed the previous low of 2.71 percent, set earlier in the month......»»
Historic financial decline hits doctors, dentists and hospitals — despite covid-19 — threatening overall economy
Health-care spending fell 18 percent to start the year as hospitals slashed surgeries and staff to deal with covid-19......»»
Mortgage rates sink to all-time lows and may be headed lower
The 30-year fixed-rate average fell to 3.23 percent, its lowest level in the 49-year history of Freddie Mac's survey......»»
McDonald"s profit sinks as coronavirus slams sales
The Chicago-based fast-food chain reported first-quarter profit fell 16 percent to $1.1 billion, or $1.47 a share, on revenue of $4.71 billion......»»
GE profit spikes, overcoming aviation drag
The Boston-based conglomerate earned $6.16 billion, or 72 cents a share, as total revenues fell 8 percent to $20.52 billion......»»
Delta Air Lines loses $607M as coronavirus zaps travel
Delta Air Lines lost 84 cents a share in the first quarter as revenue fell 18 percent from a year ago to $8.6 billion......»»
Delta Air Lines loses $607M as coronavirus zaps travels
Delta Air Lines lost 84 cents a share in the first quarter as revenue fell 18 percent from a year ago to $8.6 billion......»»
Oil services provider Schlumberger rocked by "double black swan"
The Houston-based oil services provider lost $5.32 a share as revenue fell 5 percent year-over-year to $7.5 billion......»»
Stocks slide as coronavirus slams US economy with historic declines in retail sales, manufacturing
Retail sales fell 8.7 percent and the Empire State Manufacturing Survey hit a record low......»»
Stocks tumble amid historic declines in retail sales, manufacturing
Retail sales fell 8.7 percent and the Empire State Manufacturing Survey hit a record low......»»