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U.S. Banks Weak Again After Worst Reversal in Nearly Three Years

U.S. financials are still nursing their June hangover. The Financial Select Sector SPDR exchange-traded fund fell as much as 0.9 percent in early trading Monday, with JPMorgan, Bank of America, Citigroup, and Goldman Sachs all lower. The drop follows the KBW Bank Index’s dramatic Friday that delivered the biggest intraday reversal — from up as much as 2.1 percent to ending in negative territory — since Aug. 25, 2015. …read more […]

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Trump’s former personal lawyer says he’ll put family first

In Cohen’s first interview since federal agents raided his home and hotel room as part of a probe into his personal business dealings, Michael Cohen was asked what he would do if prosecutors forced him to choose between protecting the president and protecting his family. Stephanopoulos said he asked Cohen how he might respond if the president or his legal team came after him and tried to discredit the work he did for Trump over the last decade. …read more […]