A strong economy and higher inflation numbers so far this year have surprised investors, leading them to push back expectations for Federal Reserve interest rate cuts. Interest-rate futures positions ...
Emmanuel Macron called for an overhaul of eurozone monetary policy and a doubling of the EU’s “budgetary capacity” to ramp up public investment, warning that the bloc was facing a “mortal” threat from ...
AstraZeneca beat analysts’ estimates with 18 per cent growth in revenue in the first quarter of 2024, driven by stronger sales of its cancer drugs. The UK-based pharmaceutical group reported revenue ...
The conservative-leaning National Legal and Policy Center criticized Goldman Sachs CEO David Solomon's leadership at the bank ...
A move back up in rates is creating a PR battle among Wall Street banks. JPMorgan was punished for a cautious outlook, ...
Citi's reductions were part of a total 7,000 job cuts that will be reported in upcoming quarterly earnings as employees ...
U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the biggest drop. Headcount at ...
The Dow Jones Industrial Average fell Monday even after Goldman Sachs beat views amid spiking yields. Meanwhile, Tesla fell after Chief Executive Elon Musk said massive job cuts are coming, as Trump ...
In today's big story, we're looking at what to expect during a critical earnings season.
Wall Street looks set to end the year on a positive note, as traders await next week’s crucial payrolls report. 1. Goldman ...
The bank boosted its expectation for annual savings to $1.5 billion. Meanwhile, Citi, Wells Fargo and JPMorgan Chase reported marked increases in FDIC special assessment costs.
In the fall of 2007, Steven Roth was ready to make his mark on Manhattan’s skyline: an imposing, 2.8 million-square-foot ...