Banks may not be finished tightening their belts, with low interest rates likely continuing to squeeze the profitability of lending and trading remaining a volatile source of revenue.
Copper prices clung to $3 a pound last week as encouragement over stimulus efforts by China offset worries about slowing global growth.
Brad Pitt’s World War II drama took in $23.5 million, leading a cluster of weak debuts for several new films.
A flock of U.S. airlines is expected to report strong quarterly profits, following the lead of Delta Air. Carriers’ share prices, however, have been battered by concerns from a global economic slowdown to Ebola.
At London’s Frieze Art Week, Christie’s, Sotheby’s and Phillips logged solid auction results overall, but critical tests of some deceased or older contemporary artists were mixed.
Bullish mortgage lenders are lowering the minimum FICO scores borrowers need to get a jumbo loan.
It’s typically $500,000 of profit for couples and $250,000 for singles.
They’re now the lowest on record, government data show.