JPMorgan's Dimon Gives Gloomy Outlook as Profit Slumps
JPMorgan Chase & Co's Chief Executive Jamie Dimon warned of economic uncertainties arising from Russia's invasion of Ukraine and soaring inflation.
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Deutsche Bank, Commerzbank Sink on Mystery $1.9 Billion Sale
Deutsche Bank AG and Commerzbank AG shares tumbled after stake sales worth a combined 1.75 billion euros ($1.9 billion) in Germany’s two big banks.
China Limits Sales by Some Funds as Stocks Slide Again
Chinese authorities sought to put a floor under the nation’s slumping stock market by limiting share sales by some mutual funds.
Sanctions Were Supposed to Crush the Russian Ruble. So Why Did It Just Hit a 2-Month High?
Western sanctions have devastated Russia's economy since war in Ukraine started, for a while, the ruble was also hit hard losing roughly 20% of value.
Gensler Pushed by Industry for More Time to Comment on SEC Plans
Since Gensler took over a year ago, the SEC has been weighing a slew of regulations that affect companies.
Musk Embraces Blunt-Smoking Meme in Quip About Twitter Board
Elon Musk is already having a little fun joking about Twitter Inc.’s next board meeting.
Russia Credit Insurance Shows 99% Chance of Default Within Year
The cost of insuring Russia’s government debt surged to signal a record 99% chance of default within the year.
