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What’s in a Workplace Retirement Plan?
Given the scale of workplace retirement plans, that 90% of participants are in plans with at least $4 million in assets, and ...
Wells Fargo's CEO sees more volatility due to tariffs, is ready for slower economy
Chief Executive Charlie Scharf addressed the elephant in the room by saying the San Francisco-based bank supports the Trump administration's willingness to look at barriers to fair trade for the U.S., ...
Investors are shunning America. This wealth management giant says, actually, U.S. stocks are attractive.
It's quite unusual, though, to have opposite viewpoints from the same finance house. On Thursday, we noted that UBS strategist Bhanu Baweja was advising investors to sell any rallies until more is ...
China fires back - for what it says is the last time - by lifting U.S. tariffs to 125%
China on Friday fired back for what it said was the final time. China's finance ministry raised its tariffs on the U.S., to 125%, from 84%, as the tit-for-tat continues. The China tariffs are ...
JPMorgan's Dimon warns economy is facing 'considerable turbulence' from tariffs and trade wars
JPMorgan Chase & Co.'s Chief Executive Jamie Dimon said the world economy continues to face "considerable turbulence" as the bank added a more than a half-billion dollars to its reserves to maintain ...
I'm 5 years from retiring and moved my money into non-U.S. stocks. Was that a big mistake?
To mark the occasion, MarketWatch will publish a series of "Financial Fitness" articles to help readers improve their fiscal health, and offer advice on how to save, invest and spend their money ...
'I've made the most money over the last 30 years buying solid companies in terrible markets': Should I start buying?
Not since the pandemic in 2020 have individuals felt there was such an opportunity to buy the dip. The backdrop is stark: U.S. stocks experienced their most dramatic two-day wipeout in history. In ...
Fast Retailing Will See Lower Profit From Weak Performance in China and Global Slowdown
Fast Retailing has a solid balance sheet with a JPY 131 billion net cash position at the end of fiscal 2023. Management considers it necessary to hold plenty of cash on hand, given a rapidly changing ...
JPMorgan Chase's profit powers past analyst estimates, stock rises
JPMorgan Chase & Co.'s stock (JPM) rose 3.8% in premarket trading Friday after the bank said its first-quarter profit rose to $14.64 billion or $5.07 a share, from $13.42 billion, or $4.44 a share in ...
As tariff angst lingers, this wealth manager has just upgraded U.S. stocks
Trump's trade war will hasten the unraveling of globalization that made Asia the factory of the world and, as the chart below shows, gifted U.S. consumers cheap goods, notes Andrew Wishart, senior U.K ...
Wells Fargo revenue falls below views, as consumer and commercial banking weakens
Total revenue fell 3.4% from a year ago to $20.15 billion, below the FactSet consensus of $20.72 billion. Consumer banking revenue slipped 2%, as auto and personal lending dropped, and commercial ...