Jefferies’ profit more than triples on investment banking windfall
Total revenue at Jefferies came in at $1.96 billion, up from $1.2 billion in the year-ago period. The New York-based bank's ...
The robots haven't taken over yet, but AI investments are powering more of the American economy
Firms are pledging billions of dollars toward building out artificial intelligence networks. But jobs from that spending may ...
Last Time Bond Yields Surged Like This, Stock Markets Sank
There’s room for stock markets to fall further as bond yields approach levels that have been painful for equities in recent ...
Within a month, 6 largest U.S. banks leave UN Net-Zero Banking Alliance
Within one month of each other, six of the largest U.S. banks left the United Nations Net-Zero Banking Alliance (NZBA) not ...
Global Arbitration Review43m
Mexican utility to settle gas dispute with Goldman Sachs
Mexico’s state electric utility has reportedly agreed to pay US$300 million to a Goldman Sachs entity to settle an LCIA ...
KSAT44m
Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the ...
Brexiteer meltdown as Starmer makes May’s chief EU negotiator Foreign Office chief mandarin
Sir Oliver Robbins’ appointment is being seen as a signal of intent about Starmer’s plans to reset relations with the EU ...