Deutsche Bank posts steeper-than-expected Q4 profit fall and scraps cost target
Legal provisions weighed on the bottom line at Germany’s largest lender Deutsche Bank, with net profit falling in the fourth quarter.
DoubleLine’s Gundlach says his base case is one rate cut this year, two reductions maximum
“It’s going to be a slow process to get to a hurdle to cut rates again. … I don’t think you’re going to see a cut at the next Fed meeting,” Gundlach said.
Stocks making the biggest moves after hours: Meta Platforms, Microsoft, Tesla and more
These are the stocks posting the largest moves in extended trading.
Fed’s Powell has had no contact with Trump after president said he’ll demand rates drop
Powell said ‘it’s not appropriate’ for the Fed chair to respond to Trump’s comments.
Fed holds rates steady, takes less confident view on inflation
The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in December.
Stocks making the biggest moves midday: Frontier, Trump Media, T-Mobile, Starbucks and more
These are the stocks posting the largest moves in midday trading.
Trump Media surges after expansion into financial services including crypto and ETFs
The company said it expects to launch products and services under the Truth.Fi brand, including its own investment vehicles, later this year.
Stocks making the biggest moves premarket: ASML, Alibaba, Nvidia, T-Mobile, Qorvo and more
These are the stocks posting the largest moves in premarket trading.
The Fed meets for the first time since Trump’s term started. Here’s what to expect
If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least not yet.