Americans Are Spending, Not Borrowing. That’s a Problem for Banks

The good news for banks is that consumers are flush with cash and less likely to…

Delta Should Keep Faith in Good Old Network Strategy

Delta Air Lines has stuck doggedly to the old network-carrier playbook even as the pandemic has…

Sales Boom May Be More than Fleeting Flurry

The big question on the economy is no longer whether demand is going to boom in…

Chinese Asset Manager Suffers Bond Selloff After Delaying Results

Debt from one of China’s biggest asset managers has plunged in value, sending tremors through the…

Citigroup Reports Higher Earnings, Plans to Trim Consumer Businesses in Asia

Citigroup Inc. on Thursday reported sharply higher first-quarter profit and said it is shutting down most…

Investors Can’t Afford the Zillow Dream

If you are waiting for Zillow Group to tell you when the real-estate market has peaked,…

BlackRock Profit Jumps on Broader Pandemic Recovery

BlackRock Inc.’s quarterly profit rose 49% as the giant asset manager benefited from surging markets and…

Bank of America Profit Doubles After It Releases Reserves for Bad Loans

Bank of America Corp. said Thursday that its profit doubled in the first three months of…

Coinbase, Dell, Moderna: What to Watch When the Stock Market Opens Today

Here’s what we’re watching as markets kick into gear on Thursday. U.S. stock futures rose ahead…

JPMorgan Unveils Goal to Support $2.5 Trillion in Climate-Friendly Investments

JPMorgan Chase & Co. is pledging to facilitate $2.5 trillion worth of climate-conscious transactions over the…

Barclays Stock Surges With Investment-Banking Rebound

Barclays PLC’s stock has long been stuck in the mud, but so far this year it…

Ant and Others Embraced Crowdfunded Medical Coverage, but Now It’s Under Beijing’s Microscope

In China, a financial-technology innovation that has sent billions of dollars to critically ill people is…

The Dollar’s Sliding Share in Global Currency Reserves is a Red Herring

The dollar’s share in global foreign-exchange reserves slipped to its lowest level since the mid-1990s last…

U.S. Stock Futures Tick Higher Ahead of Another Volley of Earnings Reports

U.S. stock futures ticked higher after the first banks to report quarterly results posted strong profits…

Thermo Fisher Nears Deal to Buy PPD for More Than $15 Billion

Thermo Fisher Scientific Inc. is nearing a deal to buy pharmaceutical-testing company PPD Inc. for more…