markets

Top wealth manager Julius Baer caught in property write-off storm as CEO steps down

Swiss bank Julius Baer on Thursday reported hefty net credit losses tied to its exposure to real estate group Signa…

Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%

Payments giant Mastercard says it has built its own proprietary generative artificial intelligence model to help thousands of banks in…

U.S. companies say it’s harder to make money in China now than before the pandemic

BEIJING — More U.S. companies are finding it harder to make money in China than before the pandemic, raising concerns…

Jeffrey Gundlach says all the ‘Goldilocks’ talk makes him nervous, thinks recession is still likely

DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve poured cold water on hopes for a “Goldilocks” economic scenario benefiting risk assets,…

You hear the market expects six Fed rate cuts this year — here’s where that data comes from

Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We…

Former UK finance minister joins Coinbase crypto exchange as an advisor

LONDON — A former British finance minister on Wednesday joined cryptocurrency exchange Coinbase as a global advisor, beefing up the…

U.S.-China fentanyl talks get off to a ‘productive’ start, security advisor says

BEIJING — The U.S. and China had a “productive” first day of talks in Beijing about the fentanyl crisis, Jennifer…