Deutsche Bank smashed fourth-quarter earnings expectations, reporting a net profit of 1.3 billion euros ($1.4 billion).
U.S. companies say it’s harder to make money in China now than before the pandemic
More U.S. companies are finding it harder to make a profit in China than before the pandemic, according to surveys by the American Chamber of Commerce in China.
Clothing brands failing to eradicate forced labor risk in supply chains, research finds
Many of the world’s major fashion brands are failing to combat forced labor in their supply chains, according to a new report.
Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%
Payments giant Mastercard has built its own proprietary generative AI model to help its bank network detect and root out fraudulent transactions.
Stocks making the biggest moves after hours: Align Technology, Qualcomm, Wolfspeed and more
These are the stocks posting the largest moves in extended trading.
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” scenario benefiting risk assets.
Fed holds rates steady, indicates it is not ready to start cutting
The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made it clear that it is not ready to start cutting.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in December.
Stocks making the biggest moves midday: Alphabet, Boeing, AMD, Microsoft, Paramount and more
These are the stocks posting the largest moves in midday trading.
You hear the market expects six Fed rate cuts this year — here’s where that data comes from
When you hear about the number of Federal Reserve interest rate cuts being priced into the market, the data comes from the CME FedWatch tool.