By Matt Tracy (Reuters) – JPMorgan Chief Financial Officer Jeremy Barnum told investors the bank is “absolutely open for business”…
Fed’s Powell noted “balance of risks” in rate hike path from 2018 onwards, transcripts show
By Lindsay Dunsmuir and Michael S. Derby (Reuters) – Two months before he became Federal Reserve chair, Jerome Powell urged…
BNY Mellon to cut 3% of workforce this year – source
By Manya Saini (Reuters) -Bank of New York Mellon Corp is planning to cut around 3% of its workforce this…
Factbox-Tesla cuts prices globally in a bid to spur demand
(Reuters) – Tesla Inc has slashed prices of its electric vehicles in the United States and Europe, doubling down on…
U.S. senators press Southwest to answer questions on holiday meltdown
By David Shepardson WASHINGTON (Reuters) – A group of 15 U.S. senators on Friday demanded Southwest Airlines Chief Executive Bob…
U.S. near-term consumer inflation expectations lowest in nearly two years
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumers are becoming more confident that price pressures will ease considerably over the…
Factbox-Global banks cut jobs as cost pressures mount
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U.S. rejects Bill Hwang’s sandbagging claim in Archegos prosecution
By Jonathan Stempel NEW YORK (Reuters) – The U.S. Department of Justice forcefully rejected Bill Hwang’s claim that it sandbagged…
U.S. consumer inflation expectations fall in January
WASHINGTON (Reuters) – U.S. consumers believe price pressures will ease considerably over the next 12 months, with a survey on…
Bed Bath & Beyond in talks with Sycamore Partners for sale of assets – NYT
(Reuters) – Bed Bath & Beyond Inc is in talks with private equity firm Sycamore Partners for the sale of…