News

Superdry shares soar more than 100% as company considers going private

Superdry shares soared more than 100% on Friday as the fashion retailer confirmed that CEO Julian Dunkerton is considering taking it private.

FBI: 'Financial sextortion' of teens is a 'rapidly escalating threat.' How parents can protect their kids

Cybercriminals are tricking minors into sending sexually explicit photos and videos, and then blackmailing them for payment.

This bond ETF will get the biggest bang for its buck in 2024, says VettaFi’s Rosenbluth

Longer-term Treasurys like the iShares 20-year Treasury ETF could payoff for investors this year if the Fed cuts rates more than expected.

Divided Bank of England leaves policy unchanged, says interest rates are 'under review'

The Bank of England held interest rates steady at 5.25% on Thursday.

Top wealth manager Julius Baer caught in property write-off storm as CEO steps down

The company will cut 250 jobs this year, impacting around 3% of its 7,425 employees.

Deutsche Bank smashes profit estimates and boosts shareholder returns

Deutsche Bank on Thursday reported fourth-quarter net profit of $1.4 billion, beating expectations and providing some relief for shareholders.

U.S. companies say it's harder to make money in China now than before the pandemic

More U.S. companies are finding it harder to make a profit in China than before the pandemic, according to surveys by the American Chamber of Commerce in China.

Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%

Payments giant Mastercard has built its own proprietary generative AI model to help its bank network detect and root out fraudulent transactions.

Jeffrey Gundlach says all the 'Goldilocks' talk makes him nervous, thinks recession is still likely

DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve poured cold water on hopes for a "Goldilocks" scenario benefiting risk assets.

Fed holds rates steady, indicates it is not ready to start cutting

The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made it clear that it is not ready to start cutting.

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in December.

You hear the market expects six Fed rate cuts this year — here's where that data comes from

When you hear about the number of Federal Reserve interest rate cuts being priced into the market, the data comes from the CME FedWatch tool.
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