ECONOMY & MARKETS

Jamie Dimon, CEO of JPMorgan Chase, highlights AI's transformative potential in his annual letter to shareholders.

Yellen has repeatedly warned about the risks of China's excess industrial capacity during four days of meetings with officials and business leaders in the southern city of Guangzhou and capital Beijing.

One catalyst behind Wall Street's heighten volatility during the week was higher oil prices, growing Middle East tensions, and more robust economic data from China early in the week.

The Frankfurt-based institution has left its key rates unchanged since October 2023, following an unprecedented streak of hikes to tame red-hot inflation.

Alphabet's potential acquisition of HubSpot prompts market speculation on antitrust concerns and strategic implications.

Amazon's surge in free cash flow prompts speculation on potential shifts in its capital-return strategy, as analysts anticipate enhanced shareholder rewards.

Michael and Gerald Shvartsman admit to insider trading, casting shadows over Trump Media's public listing and sparking legal turmoil.

Insights from a comprehensive survey spanning nine countries reveal widespread financial stress and retirement challenges globally.

A senior Federal Reserve official confirmed Tuesday that she recently raised her prediction for interest rates over the longer term due to the enduring strength of the US economy.

Vanguard and State Street's stance in the Disney-Peltz battle is unknown, as Peltz aims to address governance issues while Disney fears disruption.

Tesla's disappointing first-quarter sales figures lead to a 7% drop in shares, marking its first year-over-year decline since the pandemic began.

Trump Media's financial woes deepen as Truth Social struggles to gain traction, sending shares tumbling and raising doubts about the platform's viability.

The digital currency ended the quarter hovering around $70,000, up 65%, on solid buying from spot ETFs launched by Wall Street financial powerhouses and the prospect of a tighter supply on the upcoming halving in April.

Federal Reserve boss Jerome Powell said the report "is pretty much in line with our expectations" and decision-makers were on track to hit their long-term inflation target of two percent.

From the glitz and glamor of Hollywood to the technological marvels of Silicon Valley, California has long been a beacon of progress and prosperity, drawing dreamers and visionaries from every corner of the globe.

The top 1% of Americans have achieved an unprecedented milestone collectively amassing over $44 trillion, fueled by a booming stock market.

Inflation remains stable while consumer spending exceeds estimates, signaling economic resilience.

Vietnam's economy grew by 5.66 percent on-year in the first quarter, according to official data published Friday, boosted by strong exports.

Matt King, the current CEO of Gobundance, joined the company as a volunteer and is relentlessly committed to providing value to the members, gaining recognition, respect, and trust.

UBS CEO's compensation of 14.4 million Swiss francs in 2023 has ignited discussion, showcasing the contrast between European and American banking pay standards.

The collapse of the Francis Scott Key Bridge in Baltimore is anticipated to result in the largest single marine insurance loss in history.

A surge in cheap exports from China in industries like electric vehicles could create an oversupply and hurt economies, US Treasury Secretary Janet Yellen warned in a speech on Wednesday.

A federal judge's ruling allows the SEC's lawsuit against Coinbase to proceed, signaling increased regulatory scrutiny in the cryptocurrency industry.

Europe's largest economy will expand by just 0.1 percent in 2024, five think-tanks said in a joint statement, a sharp downgrade from their earlier forecast of 1.3 percent growth.

Tor Langoy, President and CEO at BD Globe Financial, sees the weaker yuan as the result of Beijing's efforts to stimulate exports.

The yen hit a 34-year low against the dollar on Wednesday, just over a week after the Bank of Japan announced a much-anticipated interest rate hike in a shift away from years of ultra-loose monetary policy.

Embracing Venezuela's economic landscape presents a unique canvas for investors, where the quest for transparent and reliable data evolves into an opportunity for innovation and pioneering market strategies.

The settlement will see Visa and Mastercard cap credit interchange fees until 2030, with the companies obligated to negotiate fees with merchant buying groups.

Alibaba Group Holding Ltd. announced on Tuesday its decision to abandon the long-anticipated initial public offering (IPO) for its smart logistics arm, Cainiao.