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Finance Jobs

US weekly jobless claims fall; Increase in layoffs in January

WASHINGTON, Feb 2 (Reuters) - The number of Americans filing new claims for jobless benefits unexpectedly fell last week as the job market remained resilient despite rising borrowing costs and…

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February 2, 2023
Finance Jobs

Deutsche Bank CEO does not rule out job cuts

Net profit Q4 share of 1.8 billion euros compared to forecast of 951 millionThe period concludes the restructuring programQ4 investment banking revenue disappointsStocks drop as much as 5% before recouping…

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February 2, 2023
Analyst Jobs

Tech stocks lead losses in Europe on rate decision jitters

Tech Stocks Lead LossesPhilips will cut 13% of jobs to increase its profitabilitySTOXX 600 down 0.6%Jan 30 (Reuters) - European stocks fell on Monday as cautious investors anticipated a series…

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January 30, 2023
Accounting Jobs

Ericsson shares fall as fourth quarter results disappoint

Expects first quarter core earnings to be lower than last yearExpects to see the effect of cost savings from the second quarterCost savings to include downsizing -CFOGross margin fell to…

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January 20, 2023
Analyst Jobs

Lower Fed rate hike could herald an end to ‘ongoing’ hikes

WASHINGTON, Jan 20 (Reuters) - The Federal Reserve is expected to ease the pace of its interest rate hikes again from Jan. 31 to Feb. 31. 1 political meeting while…

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January 20, 2023
Analyst Jobs

Column: US manufacturing likely into recession: Kemp

LONDON, Jan 19 (Reuters) - U.S. manufacturers are likely to have entered a recession in the fourth quarter of 2022, based on a series of high-frequency indicators, as part of…

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January 19, 2023
Analyst Jobs

Big Tech braces for dismal profits, more job cuts

Jan 18 (Reuters) - Anxious to boost margins and ease investor concerns at a time of slowing sales growth, major U.S. tech companies are set to cut staff and inflated…

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January 18, 2023
Analyst Jobs

Morgan Stanley and Goldman post very different quarterly results

NEW YORK, Jan 17 (Reuters) - The financial fortunes of Wall Street investment banking titans have split, with Morgan Stanley (MS.N) enjoying higher wealth management revenue while Goldman Sachs (GS…

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January 18, 2023
Analyst Jobs

Goldman misses earnings estimates as deals slump and consumer business hits

Jan 17 (Reuters) - Goldman Sachs Group Inc (GS.N) reported a bigger-than-expected 69% drop in fourth-quarter profit on Tuesday as it battled a drop in deals, lower revenue from the…

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January 17, 2023
Finance Jobs

Wall Street investment bank plummets, as executives hope for more confidence to come

NEW YORK, Jan 17 (Reuters) - Wall Street banks saw deep declines in investment banking business in the fourth quarter, prompting thousands of job cuts, but executives are looking for…

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January 17, 2023
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