Euro-Area Economy Growth Beats Expectations
In the eurozone, economic growth was recorded in the third quarter of the current year, the pace of which exceeded preliminary expectations for the dynamic of the corresponding indicator.
Finance & Economics - page 4
US Economy Demonstrates Solid Growth
In the third quarter of the current year, the United States economy maintained strong growth rates.
Larry Fink Says About Scales of Further Fed’s Monetary Easing
Blackrock chief executive officer Larry Fink said Tuesday, October 29, speaking at a CEO-studded panel in Riyadh, Saudi Arabia, that the Federal Reserve will not cut interest rates on the scale that markets expect, as currently embedded inflation is too high.
Morgan Stanley CEO Says About End of Era of Zero Interest Rates and Inflation
Morgan Stanley chief executive officer Ted Pick on Tuesday, October 29, during a speech at a panel of finance CEOs in Riyadh, Saudi Arabia, said that the days of easy money and zero interest rates are firmly in the past.
JPMorgan Chase CEO Says Banks Must Fight Back Against Regulators
Jamie Dimon, chief executive officer of JPMorgan Chase, the largest bank in the United States, said last Monday, October 28, that his colleagues should fight against excessive regulation.
Global Public Debt to Surpass $100T in 2024
The IMF reports that global public debt is projected to exceed $100 trillion by the end of 2024, largely driven by rising fiscal deficits in the United States and China.
Global Economy to Maintain Stable Growth of 3.2% in 2025
The global economy is expected to perform in a “stable yet underwhelming” manner in 2024 and 2025, showing a steady growth rate of 3.2%, according to the IMF forecast.
US Consumer Sentiment Demonstrates Improvement
In October, local consumer sentiment in the United States showed an increase, reaching a mark that corresponds to a six-month high.
Morgan Stanley Lowers Climate Target
Morgan Stanley lowered its expectations for cutting emissions in its corporate lending portfolio.
Comparing Terms Deposits: Using Interest Calculators to Find the Best Rates
Term deposits are one of the best ways to grow your savings. Otherwise called fixed deposits, you can earn interest by depositing a lump sum for a fixed time. Nowadays, many banks and other financial institutions also offer term deposits with varying rates, which can be pretty overwhelming if you’re unfamiliar with it. Worry no […]
Wells Fargo Faces Risk to Lose Up to $3 Billion on Its Office Building Loans
Wells Fargo chief executive officer Charlie Scharf on Thursday, October 24, said that this financial institution, which is one of the largest in the United States, may face losses in the amount of $2 billion to $3 billion on its loan portfolio in the commercial real estate area.
Barclays Reports Q3 Earnings
Barclays on Thursday, October 24, released information on the results of its operations in the third quarter of the current year.
Bank of Canada Cuts Interest Rates
The Bank of Canada has accelerated the pace of the interest rates cutting.
Deutsche Bank Shares Decline Amid Its Earnings
On Wednesday, October 23, the value of Deutsche Bank shares was on a downward trajectory, as the return of this financial institution to profit in the third quarter of the current year did not turn out to be something that impresses or could potentially impress.
IMF Warns of Increasing Risks for Global Growth
Experts from the International Monetary Fund (IMF) have revised down their forecast for the dynamic of global economic growth next year.
Finance & Economics
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