Heading into a new trading week after the Presidents’ Day holiday, here is a quick roundup of the top five stories from the corporate, economic and cryptocurrency sectors that investors would not want to miss out on from the weekend.
Startling revelations from a Credit Suisse Group AG (NYSE: CS) whistleblower has exposed the hidden wealth of the bank’s clients, some of them unsavory.
Mortgage rates have spiked as a result of rising inflation and stronger than expected consumer spending, according to new data released by Freddie Mac (OTCQB: FMCC).
While mortgage rates were on the rise, housing starts were in decline, based on the latest federal data.
Credit Suisse Group (NYSE:CS) reported quarterly losses of $(0.87) per share. This is a 317.5 percent decrease over earnings of $0.40 per share from the same period last year. The company reported $4.97 billion in sales
Companies Reporting Before The Bell
• Canada Goose Hldgs (NYSE:GOOS) is projected to report quarterly earnings at $1.46 per share on revenue of $584.49 million.