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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
Analyst Jobs

Microsoft’s cloud business maintains profits in tough times

Jan 24 (Reuters) - Microsoft Corp (MSFT.O) released results on Tuesday that showed some strength in the face of a weak economy, underpinned by cloud activity that met Wall Street…

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January 26, 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

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
Analyst Jobs

Pound rises on UK jobs data, yen near 7-month high as BOJ decision looms

LONDON/SINGAPORE, Jan 17 (Reuters) - The pound rose slightly on Tuesday after data showed the pace of wage growth in Britain, closely watched by the Bank of England as it…

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January 17, 2023
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