Big banks cut thousands of jobs, more layoffs coming
Even as the economy has surprised forecasters with its resilience, lenders have cut headcount or announced plans to do so,...
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The Cassandras are wrong about the market (again) — here’s why I’m upbeat
The boogeymen continue to be fictional, despite endless attempts to drum up fear and hasten the departure of millions of...
American banks face more pain, huge shift
Rising interest rates, losses on commercial real estate and heightened regulatory scrutiny will pressure regional and midsized banks, leading to...
Why BlackRock prefers ‘selected’ stocks in emerging markets as U.S. dollar weakens
The backdrop for equities in emerging markets is turning more positive as the U.S. dollar weakens and China reopens its economy...
JPMorgan Chase (JPM) earnings 4Q 2022
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF)...
China’s economy looks different than it was going into the pandemic
The central China city of Taiyuan saw its GDP grow by 10.9% year-on-year in the first three quarters of 2022....
Dollar falls against major currencies amid economy concerns; yuan strengthens
Some investors have been anticipating the Fed will soon slow its rate tightening pace, but recent upbeat U.S. employment, services...
Dow climbs 600 points as strong bank earnings help fuel relief rally
Strong breadth as market ralliesA look under the surface shows market breadth is strong Monday, as stocks rally. Roughly 2,647...
Russia-Ukraine war has hit currencies hard. Here’s what analysts expect next
A man views a digital board showing Russian rouble exchange rates against the euro and the US dollar outside a...
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