The moves complete Morgan Stanley’s shift from being a firm dominated by traders and investment bankers to one where money management rules.

Despite a pandemic that has slammed the brakes on global economic growth and forced more than 30 million Americans to seek unemployment benefits, U.S. equity indexes are still near all-time highs.

The stocks making the biggest moves in premarket trading include Xilinx, NXP Semiconductors, Apple, Disney, and more.

A group of central banks recommended that digital currencies compliment — but not replace — cash and other forms of legal tender.

J.P. Morgan Securities‘ Colleen O’Callaghan is taking steps to protect portfolios from an economic setback.

The data from the Office for National Statistics showed that GDP remained 9.2% lower than in February, before the full impact of the pandemic was felt.

U.S. stock futures rose early Friday as Wall Street continued to search for clarity surrounding a new potential fiscal aid bill.

Banks, which have historically contributed to inequality through now-banned practices including redlining, are hoping to be part of the solution to society’s problems.

Morgan Stanley estimates that U.S. households have saved an extra $1.1 trillion as of August, compared to pre-pandemic levels.

„If you’re just going to look at the president’s tweet, you’re just going to end up on the wrong side of the trade,“ CNBC’s Jim Cramer said.