Illustration shows the logo of Deutsche Bank Brussels, Saturday 25 March 2023.Nicolas Maeterlinck | Afp | Getty ImagesDeutsche Bank on Thursday beat expectations on the bottom line and said it was on track to meet full-year targets, despite mixed results within its key investment banking unit and euro gains against...
Author: admin
Trump says he believes Powell is ready to start lowering rates
President Donald Trump on Friday expressed confidence the Federal Reserve will start lowering interest rates, a day after he met with central bank Chair Jerome Powell.The president indicated the meeting took a positive tone and believes the Fed is ready to provide the monetary policy easing he has been seeking...
Brexit made businesses abandon the UK. Trump’s hefty EU tariffs could bring them back
A European Union (EU) flies alongside a British Union flag, also known as a Union Jack in London.Jason Alden | Bloomberg Creative Photos | Getty ImagesIn 2016, the U.K.'s vote to leave the EU prompted many businesses to shift operations to the European continent, taking investment and headcount with them.Fast forward to 2025, and...
Southwest profit drops, but airline says travel demand has stabilized
A Southwest Airlines Boeing 737 taxis at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 16, 2025.Kevin Carter | Getty ImagesSouthwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street's estimates but said travel demand has stabilized, echoing other airlines in recent weeks.The...
Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | ReutersGoldman Sachs and Bank of New York Mellon are set to announce that they've created the ability for institutional...