The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.

WASHINGTON — U.S. employers added just 143,000 jobs last month, but the unemployment rate fell to 4% to start 2025.

Citi and UBS has issued calls that gold will hit US$3000/oz as the price of bullion smashes records over and over.

The bank said 2025 growth would be 1.8%, down from the 2.1% it forecast in October. Growth in 2026 will also be 1.8%, down from 2.3%. Annual inflation in 2025 will average 2.3%, up from 2.2% in ...

“Continued unrealized losses on securities portfolios, while shrinking due ... National Bank’s CFO, said the bank, in recent years, had deliberately been looking to expand into metropolitan areas ...

The banking industry reported softer net profit growth of 7% in 2024, reflecting the country's economic conditions. The positive performance was supported by a reduction in loan-loss reserves and ...

GBP/USD faces challenges as the US Dollar strengthens ... Product (GDP) growth. As a result, traders are anticipating a 25 basis point (bps) interest rate cut by the Bank of England (BoE) in ...

which aligns with SCHW’s robust financial outlook and guidance for further revenue growth. With TD’s ownership stake in SCHW valued at approximately US$15 billion, the bank’s stock ...

US earnings season is upon us and, as usual, the banking sector has made the first move. Figures posted by JPMorgan Chase (US:JPM), Morgan Stanley (US:MS), Wells Fargo (US:WFC), Citigroup (US:C) and ...

in Q2 FY25 due to a system-wide slowdown in loan growth and the bank’s continued securitization of its loan portfolio,” Bernstein Research said in a note. HDFC Bank remains a favourite of ...

As well as disruption from the change in administration in the US, banks face a slew of fresh regulation even as governments around the world try to prioritise growth. "Look, regulation has been ...

Deputy governor Sam Woods wrote to Sir Keir Starmer saying that while the central bank ‘strongly supports’ the Government’s goal of economic growth and ‘encouraging responsible risk-taking ...