Ray Dalio says the world is in a 'great sag' and echoes the 1930s
The hedge fund titan believes it is too late for central banks to reverse a global slowdown..
The hedge fund titan believes it is too late for central banks to reverse a global slowdown..
Forbes | Ron Shevlin | Oct 14, 2019 Partnerships are Not the Future of Fintech “Bank/fintech partnerships are crucial to the future of banking” has become a widely accepted meme in the industry. In a recent study from Finextra, 81% of bank executives surveyed said that collaborating with partners was the best strategy to achieve
Despite the red flags flapping at the economy, many Americans say they're not financially prepared for a recession.
Investment group PPF, owned by the Czech Republic's richest man Petr Kellner, is close to concluding talks on buying a majority stake in Central European Media Enterprises (CME) from U.S. firm AT&T , Czech and Bulgarian media reported on Thursday.
The United Auto Workers union wrung higher pay and other benefits from General Motors Co as part of a tentative deal to end a month-long U.S. strike by about 48,000 workers, the union disclosed on Thursday.
Toyota Motor Corp's North America unit said on Thursday it was conducting the final phase of a safety recall to replace potentially faulty Takata airbag inflators in about 928,000 vehicles.
Saudi Aramco has delayed the planned launch of its initial public offering (IPO), as the giant oil company wants to update investors with its latest earnings before proceeding, two sources familiar with the matter said on Thursday.
Goldman Sachs CEO David Solomon spoke to CNBC's Wilfred Frost on Thursday.
Wall Street advanced on Thursday as investor sentiment was buoyed by a string of corporate earnings beats and encouraging geopolitical developments.
Fast-food chicken chain Chick-fil-A is turning the tables on in-house dining, unveiling a new sit-down table service through its app that means customers will not have to wait at the counter to order.
Delivery delays to Boeing's 777X jetliner are holding back Emirates' growth and could partially affect the Gulf carrier's broader requirements for wide-body aircraft, airline President Tim Clark said on Thursday.
The United Auto Workers union on Thursday reached a tentative agreement for a new contract covering 850 Aramark employees who work at General Motors plants in Ohio and Michigan in maintenance, two sources briefed on the matter said.
Wall Street banks believe they are getting a green light from supervisors to hold more Treasury debt and less cash after last month's volatility in overnight lending markets, three industry sources told Reuters.
Goldman Sachs CEO David Solomon spoke to CNBC's Wilfred Frost on Thursday.
Oil prices rose about 1% on Thursday after draws in U.S. fuel inventories, but gains were capped by a larger-than-expected rise in crude stockpiles and a series of weak economic figures.