UK inflation rate surprises again with March figure holding above 10%
U.K. inflation unexpectedly remained in double-digits in March as households continued to grapple with soaring food and energy bills. The…
Bank of America customers are spending more and that’s supporting U.S. employment, CEO says
Bank of America‘s customers are spending freely on dining, entertainment and other experiences, which in turn supports U.S. employment, CEO…
JPMorgan Chase CEO Jamie Dimon depositions set in Jeffrey Epstein sex trafficking lawsuits
JPMorgan Chase CEO Jamie Dimon can be questioned under oath for up to seven hours over two days in depositions…
Goldman Sachs misses revenue estimates after taking $470 million hit on Marcus loans
Goldman Sachs posted first-quarter results Tuesday that missed analysts’ expectations for revenue after taking a $470 million hit tied to…
Jamie Dimon issues warning on rates: ‘It will undress problems in the economy’
Investors and businesses should plan for interest rates to remain higher for longer than currently expected by the market, according…
Banking crisis forces ECB policymakers to rethink rate hikes, but focus still firmly on inflation
European Central Bank policymakers are reconsidering the path of interest rate hikes in light of last month’s banking turmoil, but…
Fears mount that Europe’s commercial real estate sector could be the next to fall
Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be…
JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%
JPMorgan Chase posted record first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from…
EU will issue fresh wave of sanctions to stop Russia reinventing their war machine, official says
The European Union will launch an 11th wave of sanctions on Russia and seek to crack down on efforts to…
