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As Apollo’s chief economist declares the Nvidia-inflated AI bubble ‘bigger than the 1990s tech...
Fortune via Yahoo Finance· 4 months agoTorsten Slok, partner and chief economist for the mega–alternative asset manager Apollo Global...
JPMorgan, Citi Scrap Fed Rate-Cut Bets for July After Jobs Data
Bloomberg via Yahoo Finance· 2 weeks ago(Bloomberg) -- Economists at Citigroup Inc. and JPMorgan Chase & Co., some of the last holdouts...
Wall Street banks cut China's growth forecast after dull second quarter
Reuters via Yahoo Finance· 11 months ago(Reuters) -J.P.Morgan, Morgan Stanley and Citigroup trimmed China's growth forecast for 2023 after...
UPDATE 1-Citi wealth division's CIO Bailin to depart after 15 years
Reuters via Yahoo Finance· 2 months agoCitigroup's David Bailin, chief investment officer (CIO) at the global wealth division, will leave on May 15 after 15 years at the bank, he said in a LinkedIn post on Monday. Bailin became the ...
U.S. trade gap widens in December; deficit highest on record in 2022
Reuters via Yahoo Finance· 1 year agoThe U.S. trade deficit widened in December, reversing half of the prior month's sharp contraction,...
The biggest risks US businesses face in 2024
CNN Business via AOL· 5 months agoA version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an...
'We're not there yet': Macklem signals more rate hikes as economists make bets on how high they'll...
Financial Post via Yahoo Finance· 2 years agoThe head of the Bank of Canada made it clear that the mission to bring soaring inflation to heel is...
Citi Acquires Deutsche Bank’s Mexico License in Step Toward IPO
Bloomberg via Yahoo News· 11 months ago(Bloomberg) -- Citigroup Inc. completed its acquisition of Deutsche Bank AG’s Mexican bank license,...
A housing bubble requires 3 elements. The 2022 housing market has hit 2
Fortune via Yahoo Finance· 2 years agoIn July 2006, the hit "MTV Cribs" returned for its 13th season. Unbeknownst to viewers, who were...
Citigroup’s Fraser, JPMorgan’s Dimon Warn of Economic Risks as They Head to Capitol Hill
Bloomberg via Yahoo News· 2 years ago(Bloomberg) -- The CEOs of the biggest US consumer banks are set to warn lawmakers that Americans...