70 F
Fort Worth
Wednesday, October 21, 2020
Banking Banks trading up

Banks trading up

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

JPMorgan Chase and Citigroup opened the latest round of major corporate earnings with surprisingly good results and notched big gains in an otherwise weak day for stocks. Their results gave investors more to look forward to in the sector as other banks prepare to present their fourth-quarter reports. Both JPMorgan and Citigroup reported a jump in profit because of solid gains from their trading desks. Those same desks had a tough time a year ago, when the stock market declined sharply during the same period. Several other banks were lifted by the solid results. Bank of America, which reports results on Wednesday, rose 1%. Wells Fargo was the sector’s weak link after giving investors a disappointing earnings report.

Latest News

5 takeaways from the government’s lawsuit against Google

By The Associated Press WASHINGTON (AP) — The Justice Department's lawsuit against Google alleging antitrust violations marks the government's most significant attempt...

McConnell warns White House against COVID relief deal

lBy ANDREW TAYLOR Associated PressWASHINGTON (AP) — Washington negotiations on a huge COVID-19 relief bill took a modest step forward on Tuesday,...

City of Arlington Announces five finalists for police chief

The City of Arlington has named five finalists in its search for a new police chief in a search that began June...

National Democratic super PAC says it will double its spending to $12 million in battle for the Texas House

By Patrick Svitek, The Texas Tribune Oct. 20, 2020 "National Democratic super PAC says...

Texas joins Trump administration’s lawsuit against Google, arguing the tech company has a monopoly

By Stacy Fernández, The Texas Tribune Oct. 20, 2020 "Texas joins Trump administration's lawsuit...