Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue
The technology industry is known for innovation and spawning the next big thing. But at a time of economic uncertainty…
IMF warns of ‘disorderly’ house price corrections in Europe as interest rates move higher
STOCKHOLM, Sweden — The International Monetary Fund warned Friday of “disorderly” house price corrections in Europe, at a time when…
Chicago Fed President Goolsbee says recent reports show inflation is moving in the right direction
The latest batch of economic data shows positive developments on the inflation front, but the Federal Reserve’s job is not…
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…
Most Americans are not confident in how China’s Xi will handle world affairs, Pew survey finds
Most U.S. adults in a survey say they have little confidence that Chinese President Xi Jinping will “do the right…
Banks in ‘more precarious situation’ creating risks for global growth, IMF chief economist warns
Interest rate rises have increased banks’ vulnerabilities — and their response presents a significant risk to global growth, the International…
This Friday could hold the key to our bank stocks and the direction of the market for weeks
The countdown is on. Earnings season is set to kick off Friday with the banks, one of ours among them.…
