MasterCard profit, sales top estimates; Shares rise on earnings beat

MasterCard reported first-quarter earnings and sales Tuesday that topped analysts’ expectations, sending shares of the stock higher in premarket trade. Here’s what the company reported vs. what the Street was expecting: Earnings per share: $1.01 vs....

Arrests made as thousands rally in US for and against Trump

But police shut down a protest in Portland, Oregon, that they said had become a riot, after marchers began throwing smoke bombs and other items at officers. Police said they made more than two dozen arrests as a group of anarchists wearing black bandanas and ski masks...

Stocks linked to Chinese insurer Anbang fall after report on company’s murky structure

The Beijing-based firm was once on a massive shopping spree, blazing a trail of acquisitions around the globe in its aim to become one of the world’s largest financial groups. Anbang’s Wu even said he wanted the company to have a presence on every...

U.S. casino stocks with Macau exposure rally after Macau revenue beats

Wynn Resorts stock is up more than 3 percent intraday after Macau’s April casino gross gaming revenue rose 16.3 percent, ahead of analysts’ consensus for 15 percent growth. Also, shares of MGM Resorts and Las Vegas Sands were each up more than 1 percent...

Josh Brown gives warning after Trump’s shocking bank comments: ‘Do not trade this news’

Major averages, led by financial stocks, experienced a sudden drop on Monday after President Donald Trump said during an interview with Bloomberg News that he’d consider breaking up the nation’s big banks. In the immediate aftermath of the comments, Josh...

CIA director in Seoul for meetings as North Korea repeats nuclear threats

CIA Director Mike Pompeo is in South Korea holding talks with top officials and military leaders, as tensions remain elevated on the Korean Peninsula. South Korea’s Yonhap news agency reported he arrived over the weekend and already held meetings with his...