European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
Kategorie-Archiv: CNBC Financial News
NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent
NYCB had $77.2 billion in deposits as of March 5, NYCB said in an investor presentation tied to the capital raise, down from $83 billion it had as of Feb. 5.
Stock market bubble? Analysts explain why they’re not worried
Despite the heavy concentration of the U.S. market rally in expensive AI-focused tech stocks, Wall Street is not yet in bubble territory, analysts suggest.
Why private equity has been involved in every recent bank deal
New York Community Bank’s $1 billion-plus capital raise is the latest example of private equity players coming to rescue a regional bank.
What the SEC vote on climate disclosures means for investors
The rule passed in a 3-2 vote but is watered down from the initial version proposed in March 2022.
American Eagle unveils strategy to grow profits, takes $94 million in impairment charges for logistics business
American Eagle unveiled a new strategy to boost profitable growth over the next three years by focusing on building out its brands and optimizing operations.
Call center group Teleperformance falls 20%; CEO insists AI cannot replace human staff
„The day the customer is going to be a robot, maybe AI will replace the humans,“ Daniel Julien told CNBC.
Hugo Boss plunges 12% on pessimistic sales outlook in worst day since 2016
Shares of Hugo Boss plunged 18% before paring losses slightly Thursday, after the company warned that it may fail to meet its 2025 sales target.
Powell reinforces position that the Fed is not ready to start cutting interest rates
Powell said policymakers remain attentive to the risks that inflation poses and don’t want to ease up too quickly.
Retirement prospects for women can be ‘pretty bleak,’ expert says — but there are ways to prepare
Women make less money than men and live longer, which can dim their odds for a financially secure retirement, experts said.