Federal Reserve

JPMorgan’s Dimon warns of possible $1 billion Russia loss

JPMorgan (JPM.N) could lose about $1 billion on its Russia exposure, Chief Executive Jamie Dimon said on Monday, detailing the extent of…

4 years ago

<strong>455,000 jobs were added in March, exceeding estimates: ADP</strong>

ADP reports that private payrolls increased by 455,000 in March, exceeding estimates. According to ADP, a payroll processing firm, employers…

4 years ago

Analysis: U.S. stock rally defies economic unease

As a stunning rebound in U.S. stocks charges on, investors are questioning how long the surge can continue in the…

4 years ago

Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion

As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has…

4 years ago

Morning Bid: “What a mess”

Global markets surged overnight as traders hailed China's pledge to support its economy, chased an elusive breakthrough for a ceasefire…

4 years ago

War, inflation and oil cap stocks rebound as yields warn

Global stocks clung to their gains for the week on Friday but a heady cocktail of rising interest rates, high…

4 years ago

Bank of England raises rates to 0.75%, less sure about future moves

The Bank of England raised interest rates on Thursday for a third meeting running, as expected, but softened its language…

4 years ago

Oil surges amid warnings of supply shortages

Oil prices climbed 6% on Thursday after the International Energy Agency (IEA) said three million barrels a day (bpd) of…

4 years ago

Analysis: Confusion, but not panic, reigns in global finance in Russia’s wake

Western allies’ sanctions against Russia have started to blow back in the form of large potential losses for their own…

4 years ago

Central banks seen enhancing liquidity after SWIFT ban – Credit Suisse strategist

The banning of certain Russian banks from the SWIFT international payment system could push central banks to enhance liquidity to…

4 years ago