News

JPMorgan Chase is set to report third-quarter earnings — here’s what the Street expects

JPMorgan will be watched closely for clues on how the industry fared amid surging interest rates and rising loan losses.

China's exports and imports drop again in September

China's trade slumped this year amid lackluster global demand for Chinese good and muted domestic demand.

Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans

Higher rates are expected to lead to a jump in losses on banks' bond portfolios and contribute to funding pressures.

Interest rates take center stage with banks set to report quarterly results

Bank stocks remain under pressure due to high-interest rates, as financial firms like Club holdings Wells Fargo and Morgan Stanley kick off earnings season.

Leon Cooperman expects very little from the market and is only interested in individual stocks

Billionaire investor Leon Cooperman remains a bear with little interest in the broader stock market, which he says underestimates the risk of a fiscal crisis.

Watch: IMF's Georgieva and other leaders discuss debt relief and reforms on CNBC panel

CNBC's Joumanna Bercetche is moderating a panel at the annual meetings of the International Monetary Fund and World Bank in Marrakech, Morocco.

Here’s the inflation breakdown for September 2023 — in one chart

The consumer price index, a key inflation gauge, rose 3.7% in September, unchanged from August, the U.S. Bureau of Labor Statistics said Thursday.

While ChatGPT stokes fears of mass layoffs, new jobs are being spawned to review AI

Prolific, a U.K.-based online survey tool, provides people with compensation for reviewing AI outputs.

Former Barclays CEO Staley fined and banned by UK regulator over Epstein links

Former Barclays CEO Jes Staley on Thursday was fined and banned from holding any position of influence in the U.K. financial services industry.

China's 'Big Four' banks rally after state wealth fund boosts stake

Central Huijin Investment lifts stake in four of China's biggest banks to boost market confidence.

Goldman Sachs warns of hit to third-quarter earnings on deal to offload GreenSky

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Fed officials see 'restrictive' policy staying in place until inflation eases, minutes show

The Federal Reserve on Wednesday released minutes from its Sept. 19-20 policy meeting.
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