Wall Street banks enjoy record windfalls from prime brokerage business
Wall Street's prime brokerage engine is humming and delivering handsome gains for the largest U.S. banks.
July 16, 2026Wall Street's prime brokerage engine is humming and delivering handsome gains for the largest U.S. banks.
July 16, 2026
(Corrects date in the first sentence to Wednesday not Tuesday.)
July 16, 2026
The Port of Los Angeles, the busiest U.S. container seaport, said on Wednesday it set a June cargo record as shippers ranging from retailers to data
July 16, 2026
Wall Street stocks gained ground on Wednesday as softening inflation data and a robust beginning of second-quarter earnings season put
July 15, 2026
Airbus and Boeing have in recent weeks chartered one of the world's largest cargo planes to speed up shipments of aerostructures for some civil
July 16, 2026
The U.S. Mint has started producing a new $1 coin featuring President Donald Trump to help celebrate America’s 250th birthday
July 15, 2026
United Airlines said on Wednesday it expected nearly $6 billion in additional fuel expense this year compared with what it estimated at the start of
July 16, 2026
Potential tariffs in a U.S. bill imposing sanctions on Russia drew concern from Democratic lawmakers on Wednesday who said it
July 16, 2026
U.S. stocks ticked higher following strong profit reports from big companies
July 15, 2026
Billionaire Warren Buffett says his decision to cut the Gates Foundation out of his charitable giving is more about believing his three kids are ready to handle giving away his entire fortune than it is about Bill Gates’ ties to convicted sex offender Jeffrey Epstein
July 15, 2026
United Airlines is trying to attract flyers with another luxury: an empty middle seat
July 16, 2026
The chair of the Federal Communications Commission said Wednesday the agency will vote to rescind the 85-year-old rule that bars broadcasters from
July 15, 2026
U.S.
July 15, 2026
SpaceX shares dropped below their initial public offering price for the first time on Wednesday before closing just above that
July 15, 2026
Russell Vought, President Donald Trump's outgoing interim consumer finance watchdog, on Wednesday sparred with congressional Democrats over his
July 15, 2026
Brazil's government raised its inflation forecast for this year to 5.1% on Wednesday from 4.5% projected in May, putting consumer prices above the central bank's target
July 16, 2026
Amazon veteran Dave Brown, a senior vice president in Amazon Web Services and member of the elite internal group advising CEO Andy Jassy, is
July 15, 2026
Federal Reserve policymakers preparing for their next policy meeting in two weeks got a fresh snapshot on Wednesday of a broadly improving economy, with employment on
July 16, 2026
Uber is set to take over Delivery Hero in a deal valuing the German food delivery company at about €12.5 billion ($14.34 billion), the Financial Times reported on Wednesday.
July 16, 2026
Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation
July 15, 2026
Shipping companies are avoiding using a U.S. military-guided transit scheme through the Strait of Hormuz after a wave of Iranian
July 15, 2026
Chile's state-run copper miner Codelco expects production in the coming years to stay similar to current levels, chairman Bernardo Fontaine said on
July 15, 2026
A Republican-controlled committee in the U.S.
July 15, 2026
The U.S government issued sanctions on Wednesday targeting individuals and entities that it said were a part of an international network helping Iran procure weapons.
July 15, 2026
Wall Street's largest banks struck a reassuring tone on U.S. consumer health, citing steady spending, rising loan balances and healthy credit quality that suggest
July 15, 2026
MSCI's global equities index rose on Wednesday after a surprise drop in the U.S. inflation reading and a second day of strong
July 15, 2026
The European Union, which fined Elon Musk's social media network X €120 million ($137.2 million) last year, said on Wednesday it had accepted an action plan by X to
July 15, 2026
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Karen Kwok NEW YORK, July 15 (Reuters Breakingviews) - Stripe's digital deal wallet is a little light.
July 15, 2026
Oil prices rose slightly on Wednesday, reacting to stronger-than-expected inventory and largely shrugging off a new wave of U.S. attacks against Iranian military
July 15, 2026
U.S.
July 15, 2026
Goldman Sachs senior counsel Kathryn Ruemmler told members of Congress in a closed-door hearing on Wednesday that if she had
July 15, 2026
France faces a sharp deterioration in its public finances over the rest of the decade unless policymakers act quickly to curb spending, an independent report commissioned by
July 15, 2026
Money market funds are taking a more cautious approach in their portfolios, reflecting lingering uncertainty about the U.S.
July 15, 2026
Analysts revised estimates for Citigroup on Wednesday after the bank's management surprised investors and forecast higher expenses in the second half
July 15, 2026
House Republicans have unveiled a $95 billion plan focused on boosting defense, aiding farmers and enacting stricter voter registration rules
July 15, 2026
Paramount and Warner Bros. expect a delay in closing the deal
July 16, 2026
Former Obama White House attorney says ‘it was a mistake’ to deal with Epstein and she regrets it
July 15, 2026
The International Monetary Fund's strategy chief urged government officials on Wednesday to focus on medium-term fiscal frameworks and
July 15, 2026
Johnson & Johnson said on Wednesday that its medical device unit underperformed in the second quarter, even as strong sales of Tremfya for
July 15, 2026
Morgan Stanley beat Wall Street estimates for second-quarter profit on Wednesday, posting record revenue driven by strong deals activity, while
July 15, 2026
Apple is looking to buy chip companies to bolster its efforts to make server processors for running AI, The Information reported on Wednesday, citing people familiar with the
July 15, 2026
U.S. producer prices unexpectedly fell in June, posting their biggest decline in 14 months amid a pullback in the cost of energy products, further
July 15, 2026
The dollar fell against major currencies on Wednesday after softer-than-expected U.S. producer prices reinforced signs of easing inflation, bolstering
July 15, 2026
Brett Matsumoto, President Donald Trump's pick to head the U.S.
July 15, 2026
A broad revival in investment banking is taking hold on Wall Street, fueled by a surge in IPOs, mergers and debt issuance.
July 15, 2026
Andy Burnham is set to name interior minister Shabana Mahmood as his finance minister when he becomes Britain's prime minister next week, the Financial Times reported on
July 15, 2026
The White House is weighing another extension of waivers allowing foreign ships to transport goods between U.S. ports as renewed conflict with Iran raises
July 15, 2026
Elizabeth Warren blasts Kevin Warsh, saying he ‘seems to invite corruption’
July 15, 2026
Johnson unveils $95 billion plan for defense spending and Trump’s elections overhaul
July 15, 2026