Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate...
Month: February 2025
Chinese businesses rush to try DeepSeek AI at ‘unprecedented’ scale
Chinese businesses are tapping DeepSeek's newest AI model to see how it can improve productivity. from Finance https://ift.tt/vjtRLu9
Stocks making the biggest moves after hours: Reddit, Robinhood, Dutch Bros, MGM Resorts and more
These are the stocks posting the largest moves in postmarket trading. from Finance https://ift.tt/2WZ9obB
CFPB’s new leadership begins staff purge with dozens of employees terminated
The terminations have sowed more confusion at the bureau; several of those being laid off had already accepted federal buyout...
Stocks making the biggest moves midday: CVS, Zillow, Avis Budget, Kraft Heinz and more
These are the stocks posting the largest moves in midday trading. from Finance https://ift.tt/qHzMBJt
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations....
Watch Fed Chair Powell speak live before House Financial Services Committee
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on...
The New York Stock Exchange is launching an exchange in Texas
The NYSE Chicago will reincorporate in Texas and be renamed NYSE Texas. from Finance https://ift.tt/hsbnMLd
Jeremy Siegel is cautious on the Mag 7: ‘We have these two markets’
The Wharton School professor is uncertain whether the megacaps can continue to enjoy the run they've had, and expects other...
Warren Buffett’s Berkshire buys more Occidental after 30% sell-off from record high
The Omaha, Nebraska-based conglomerate scooped up 763,000 shares of the Houston-based oil and gas producer on Friday for $35.7 million,...
