Breaking News: Markets

Grim retail sales suggest possible recession for Britain

U.K. retail sales dropped significantly more than expected in December, in a sign that the economy may have entered a…

New Morgan Stanley CEO is ‘super bullish’ on hitting financial targets

Morgan Stanley‘s new CEO, Ted Pick, on Thursday expressed confidence his bank will hit financial targets of $10 trillion in…

Jamie Dimon warns ‘all these very powerful forces’ will impact U.S. economy in 2024 and 2025

JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of…

AI era is a ‘seismic moment’ in tech we’ve not seen in a decade, top Meta exec says

The new artificial intelligence era represents a huge moment for the tech industry that has not been seen in a…

UBS CEO says Swiss public ‘indoctrinated’ to worry about bank’s balance sheet

UBS CEO Sergio Ermotti on Wednesday said people with concerns about the size of the bank’s balance sheet are getting…