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 […]
Israel Destroys Major Islamic Jihad Terror Tunnel; Recovers Laptops, Weapons
The Israel Defense Forces (IDF) recently achieved a major victory in the Shejaiya neighborhood of Gaza City, where soldiers discovered and destroyed six terror tunnels containing a trove of weapons and valuable intelligence. One of the tunnels is considered a “flagship” tunnel for Palestinian Islamic Jihad, an Iranian-backed terrorist organization fighting alongside Hamas. The Israel […]