Since all economists and central bankers are trained to fight inflation, I suspect that the Fed may have to have an emergency meeting to slash key interest rates if deflation materializes in upcoming ...
Investing.com -- Jamie Grant, global chairman at JPMorgan Chase & Co. ’s investment banking group, plans to retire early next year after more than four decades at the bank.
Investing.com -- Berlin-based online bank N26 has appointed UBS executive Mike Dargan as its next CEO, the company announced Monday. Dargan is set to take over the position at the beginning of April ...
Miran’s decision comes as Trump considers candidates to replace Fed Chair Jerome Powell, whose leadership term ends in May. Since Powell has not indicated whether he will resign as a governor when his ...
Collins, who has voting rights on the Federal Open Market Committee in 2025, supported all three rate reductions this year. She emphasized the importance of the recent post-meeting statement including ...
The FDA released the letters on Monday, dated December 12, directing the retailers to improve their efforts to remove the ...
Investing.com -- Luminar Technologies (NASDAQ:LAZR) stock plummeted 58% Monday after the LiDAR technology company filed for Chapter 11 bankruptcy protection and announced plans to sell its assets.
Investing.com -- Vanda Pharmaceuticals Inc (NASDAQ:VNDA) stock jumped 5.1% Monday after the company announced it submitted a Biologics License Application (BLA) to the FDA for imsidolimab, a treatment ...
Fitch cited concerns that Humana’s EBITDA-based margins are unlikely to recover to levels supporting previous ratings. The downgrade reflects elevated healthcare utilization across the sector and ...
Investing.com -- Dutch pension fund PME has ended its relationship with BlackRock Inc., transferring a €5 billion ($5.9 billion) equity mandate to UBS Group AG and MN, according to a report from ...
The negative outlook reflects S&P’s view that there is more than a one-in-three possibility of Sumitomo’s adjusted capital falling below risk-based capital required under its ’A’ stress scenario while ...
Investing.com -- S&P Global Ratings has downgraded Whirlpool Corp. to ’BB’ from investment grade, with a negative outlook, ...