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NY Community Bancorp Has Some Defenders on Wall Street – Barron's

New York Community Bancorp has found some defenders on Wall Street, even though its stock price has fallen by nearly half in the first two days of this week. Shares fell after the bank reported an unexpected loss, cut its quarterly dividend and increased its loan loss reserves by $500 million. JPMorgan analyst Stephen Alexopoulos […]

IRS has again failed Main Street with handling of pandemic-era program

Gil Bonifaz has been through a lot. A fourth-generation restaurateur, his family restaurant has employed dozens of Texans and served delicious fajitas since 1971 at Herrera’s Tex-Mex in the heart of Texas’ 24th District. After pandemic-era restrictions reduced the restaurant’s revenue, it was unable to keep up with rising rent, accountant’s fees and medical costs […]

Wall Street donors favor GOP Senate candidate Dave McCormick

Former hedge fund executive Dave McCormick is the clear favorite for a Pennsylvania Senate seat among deep-pocketed Wall Street donors. McCormick is a Republican who is seeking to unseat Democratic Sen. Bob Casey in the state after losing the 2022 Republican primary to Donald Trump-backed celebrity surgeon Dr. Oz. It has an impressive list of […]

Apple quarterly profit, revenue top Wall Street targets but China lags

IMAX CEO Rich Gelfond exclusively details the “amazing” partnership between the entertainment company and Apple’s new breakthrough headset. Apple on Thursday reported sales and profits that beat Wall Street expectations, driven by growth in its iPhone business. However, sales in China fell short of analysts’ targets. Apple shares fell 1.7% in after-hours trading. The company’s […]

Arizona Man Shot in Head While Street Preaching Goes Back to Church After Injury

A young street preacher in Arizona was shot in the head while spreading the gospel. He is currently making headlines for miraculously returning to the church just months after being declared dead. The wife of Hans Schmidt, a 26-year-old military veteran and director of support at Victory Chapel First Phoenix, announced the good news on […]

Biden brushes off Wall Street rally as Trump seeks credit

Former President Trump has sought to take credit for the stock market boom under President Biden, even as Biden’s rivals have largely shrugged off Wall Street’s meteoric rise. Trump, who was tied to the stock market as president, is trying to claim responsibility for a series of new stock market records under the Biden administration. […]