News

Deutsche Bank criticized by German regulator for financial reporting error

Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement, German regulator BaFin said Tuesday.

Dimon and other Wall Street CEOs react to Trump assassination attempt: 'Deeply saddened' by violence

The shooting on Saturday shocked a nation gearing up for a contentious November election.

Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects

Expectations have been set high for Goldman Sachs, with Wall Street businesses in the midst of a rebound after a dismal 2023.

China reports second-quarter GDP growth of 4.7%, missing expectations

The National Bureau of Statistics did not hold a press conference for the data release. China's high-level policy meeting, the Third Plenum, kicks off Monday.

Here's the deflation breakdown for June 2024 — in one chart

Prices have fallen for physical goods, gasoline, airfare and some grocery items like apples since June 2023, according to the consumer price index.

Citigroup tops expectations for profit and revenue on strong Wall Street results

Citigroup this week was rebuked for failing to address regulatory shortfalls, so analysts will be keen to ask CEO Jane Fraser about her long-running efforts.

JPMorgan's Jamie Dimon warns inflation and interest rates may stay higher

JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.

Wells Fargo shares tumble after net interest income falls short of estimates

The San Francisco-based bank recorded $11.92 billion in net interest income, a key measure of what a bank makes on lending, marking a 9% year-over-year decline.

China's imports unexpectedly drop in June, but exports beat forecasts

China's imports fell in June, missing expectations for slight growth, while exports grew more than expected, customs data released Friday showed.

JPMorgan Chase is set to report second-quarter earnings – here's what the Street expects

While JPMorgan has passed numerous stress tests lately, it's possible the bank's consumers could begin showing more strain from higher interest rates.

China gears up for next week's Third Plenum meeting. Here's why real estate isn't likely the main focus

China's real estate problems may be massive, but analysts expect the upcoming Third Plenum to focus on other areas — such as high local government debt levels.

These 3 stocks are set to bounce once the Fed finally lowers interest rates

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
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