Zillow’s big move into mortgage lending may hurt its profitability next year, according to Bank of America Merrill Lynch. The firm lowered its rating on the online real estate company’s shares to neutral from buy, […]
In late September 2017, the Federal Reserve outlined its plan to reduce the size of its balance sheet by $1.05 trillion or roughly 23 percent. This would be accomplished by eliminating $20 billion per month […]
Snap is scheduled to report second-quarter earnings after the bell Tuesday. The most recent quarter is shaping up to be an important one for the social media company, whose stock price has steadily declined since […]
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