Morgan Stanley’s profit jumps as investment banking recovers
Anastasia Amoroso, chief investment strategist at iCapital, talks to “Making Money” about what could be the catalyst for a stock market selloff. Morgan Stanley’s second-quarter profit rose as its investment-banking business recovered on strength in equity and debt underwriting. The bank’s shares were still down 2% in choppy pre-market trading as asset management revenue rose […]
Democrats press ground game advantage with huge investment in swing states
The Democratic National Committee counterprogrammed Day 1 of the Republican National Convention with an announcement of its own. Democrats are investing $15 million in swing-state Democratic parties to set up field offices and apply more pressure to a Republican Party that has gone light on ensuring there is a ground presence to stir up voters. […]