Finance

Deutsche Bank criticized by German regulator for financial reporting error

Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement which did not meet international accounting standards, the…

Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence

The leaders of Wall Street’s most powerful firms are speaking out to condemn the attempted assassination of former President Donald…

Goldman Sachs tops estimates on better-than-expected fixed income trading

Goldman Sachs said Monday that it topped profit and revenue estimates on better-than-expected fixed income results and smaller-than-expected loan loss…

China reports second-quarter GDP growth of 4.7%, missing expectations

BEIJING — China’s National Bureau of Statistics on Monday said the country’s second-quarter GDP rose by 4.7% year on year,…

Here’s the deflation breakdown for June 2024 — in one chart

Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for…

JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher

JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.…