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Deutsche Bank considering up to 20,000 job cuts, WSJ reports

Deutsche Bank AG is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported on Friday, citing people familiar with the discussions.



4 years ago

Wall St. modestly higher with G20 summit underway

U.S. stocks rose on Friday as shares of big banks gained after clearing the Federal Reserve's stress test, with investors closely tracking the G20 summit where President Donald Trump and his Chinese counterpart, Xi Jinping, could lay the groundwork to resolve a trade dispute that has weighed on global growth.



4 years ago

Shares in big banks climb as Fed approves capital plans

Shares in the S&P 500 bank index rose 2.6% on Friday after the U.S. Federal Reserve approved the capital plans of the biggest U.S. banks, giving them a clean bill of health.



4 years ago

[Survey Deadline Sep 20, 2019]: ASC consults on Energizing Alberta’s Capital Market

ASC | Denise Weeres | June 27, 2019 CALGARY – June 27, 2019 – The Alberta Securities Commission (ASC) today published ASC Consultation Paper 11-701 Energizing Alberta’s Capital Market. This consultation is seeking input on steps the ASC can take to foster a vibrant public and private capital market in Alberta while protecting investors. “There

4 years ago

Oil prices hold near $67 a barrel ahead of G20 talks, OPEC

Brent crude oil held near $67 a barrel on Friday ahead of talks over the trade dispute between the U.S. and Chinese presidents this weekend and on production cuts from OPEC on Monday.



4 years ago

Boxing with giants: Italy's packing robots are not just cardboard cutouts

Amazon's new recruit comes from a medieval walled town in central Italy and can box and seal at least 600 items of different shapes and sizes every hour. Twenty-four hours a day, seven days a week.



4 years ago

Learn money and investing basics in less time than an episode of The Office

These eight personal finance education videos will teach you the basics of credit, budgeting, insurance, retirement, saving, investing and taxes in less than 20 minutes.

4 years ago

The 'January Barometer' is working well this year, and pointing toward more market gains ahead

The market on average has gained 26.6% in years when it started off as strong as it did this year.

4 years ago

Moderate U.S. consumer spending, inflation support rate cut

U.S. consumer spending increased moderately in May and prices rose slightly, pointing to slowing economic growth and benign inflation pressures, which could give the Federal Reserve ammunition to cut interest rates next month.



4 years ago

Luxury online reseller The RealReal soars 40% in debut

Shares of U.S. online luxury reseller The RealReal Inc jumped 40% in their debut on Friday, giving it a market capitalization of $2.32 billion and signaling increased investor appetite for listings of consumer companies.



4 years ago

Stocks edge up, dollar dips with G20 in focus

Stocks posted modest gains on Friday and the dollar dipped ahead of a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping, as global equities were poised to cap off their best first half since 1997.



4 years ago

Here are the stocks Goldman says have the most on the line this weekend with Trump-Xi talks

For investors on edge about the G-20 showdown, here are the make-or-break stocks hinging on a sign of detente, according to Goldman Sachs.

4 years ago

Supreme Court to decide if retirees can sue US Bank over pension plan

The Supreme Court said it will hear a case on whether US Bank pension plan members can sue the fund manager even if the plan is overfunded.

4 years ago

The rocket engineers at SpaceX are raising funding equal to 'pi' — $314.15 million

SpaceX is looking to raise $314.15 million in its most recent round of fundraising, CNBC reported on Thursday.

4 years ago

Democrats' student debt forgiveness proposals may resonate more in blue states

Voters in blue states stand to have more student debt forgiven under Democrats' proposals than those in red states, according to an analysis by CNBC

4 years ago