Breaking News: Markets

Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI

Morgan Stanley promoted a tech executive in its wealth management division to become the bank’s first head of firm-wide artificial…

HSBC is ‘very positive’ about the future of China’s economy, CFO says

HSBC is “very positive” about the mid- to long-term outlook for the Chinese economy despite current headwinds, the British bank’s…

Wholesale inflation rose 0.6% in February, much more than expected

Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S.…

European Central Bank chief economist: Must ‘take our time’ on rate cuts, clearer picture due in June

The European Central Bank must take its time to get interest rate cuts right and will have a clearer picture…

Jamie Dimon endorses Disney CEO Bob Iger in proxy fight with Nelson Peltz’s Trian Partners

JPMorgan Chase CEO Jamie Dimon endorsed Disney CEO Bob Iger in his proxy battle with activist Trian Partners, CNBC’s David…