Tag: Finance & Economy
Wells Fargo To Make Major Change To All Its 4,349 Locations And Digital Banking Operations
Wells Fargo is set to unveil major changes to all its 4349 locations along with its digital banking operations. The banking giant’s CEO, Charles W. Scharf,[more...]
China And EU Discuss Trade In Response To U.S.’ Punitive Tariffs
China and the European Union have exchanged views on strengthening their economic and trade cooperation in response to U.S. tariffs, the Chinese Commerce Ministry said[more...]
Deutsche’s Dollar Downer
George Saravelos, global head of FX research at Deutsche Bank, has been worried about the outlook for the dollar for a while. Recent events have[more...]
Undeniable Results: Trump’s Tariffs Are Delivering Big Wins
President Trump’s bold tariff strategy is already shaking things up. Just this week, he unveiled a sweeping new trade policy—imposing a universal 10% tariff on all imports[more...]
Gold Soars to Record High After Fed Holds Rates Steady
Spot gold hits an all-time high of $3,051.99/oz US rate futures price in two rate cuts in 2025 Fed likely to resume rate cuts in[more...]
Gold Soars To Record High As Tariff Tensions Rise
Gold prices broke out to a new record high this morning following President Trump's latest threat to ratchet up tariffs against European imports. Spot prices[more...]
Multi-Manager Hedge Funds Such As Citadel Pose Big Risks, BOE Governor Says
Recent comments from Bank of England Governor Andrew Bailey have brought to light a pressing concern regarding multi-manager hedge funds, such as Citadel, Millennium, and[more...]
Democrat Rep Caught With Over $30M Nonprofit Funds Stashed In Offshore Account
A recent discovery has linked Congressman Daniel Goldman, a multimillionaire heir to Levi Strauss, to over $30 million in nonprofit funds stashed in a Cayman[more...]
Wall Street Economists Pare Back Fed Rate-Cut Views After Data
Economists at Bank of America Corp., Citigroup Inc. and Goldman Sachs Group Inc. pared back their forecasts for additional Federal Reserve interest-rate cuts in response[more...]
Bosch: Up To 10,000 German Jobs At Risk As Car Market Stutters
The world's largest supplier of car parts has been hit by weak demand, strong Chinese competition and slow transition to EVs. Bosch has revealed it[more...]
