UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti ...
Tag: Breaking News: Markets
HelloFresh shares pop 11% as meal kit giant beats profit estimates
Shares of German meal kit firm HelloFresh jumped on Tuesday after the company reported a better-than-expected profit in the second ...
Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’
Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in ...
Cryptocurrencies resume their rebound, bitcoin tops $60,000
Omer Taha Cetin | Anadolu | Getty ImagesCryptocurrencies resumed their rebound from their big sell-off earlier in the week, with ...
Sahm Rule creator doesn’t think that the Fed needs an emergency rate cut
The U.S. Federal Reserve does not need to make an emergency rate cut, despite recent weaker-than-expected economic data, according to ...
JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI
JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, ...
Jamie Dimon says he still sees a recession on the horizon
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a "soft landing" for the U.S. ...
Consumer giants from Starbucks to General Mills have one big sales problem: China
Pictured here is a McDonald's store in Yichang, Hubei province, China, on July 30, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING ...
Microsoft fires back at Delta after massive outage, says airline declined ‘repeated’ offers for help
Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.Kent Nishimura | ...
Apple shares drop 5% after Warren Buffett’s Berkshire Hathaway slashes stake by half
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2024.David ...
