Economic events

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.…

Job growth totals 236,000 in March, near expectations as hiring pace slows

Nonfarm payrolls growth in March was about in line with expectations, but showed signs that the jobs picture is in…

Here’s why travel to Europe is no longer a ‘screaming, bargain-basement’ deal

Travel to many European nations looked like a bargain heading into summer and fall last year thanks to a favorable…

IMF says U.S-China tensions could cost the world about 2% of its output

The International Monetary Fund said in a Wednesday report that global tensions could disrupt overseas investment and eventually lead to…

China’s homebuyers are starting to come back

BEIJING — More people in China want to buy houses again, according to a first quarter survey released Monday by…

Investors believe the stock market is set for losses, and cash is best safe haven, CNBC survey shows

Wall Street investors believe the stock market is headed for losses after a positive first quarter, seeing cash as the best…