Browsing: Record

Bank of New York Mellon enjoyed a record quarter at the start of 2025 but remained watchful as the tumult over President Donald Trump’s trade policies…

Tariff upheaval and recession fears are taking the shine off what’s expected to be another quarter of near-record trading revenue for the biggest U.S. banks.JPMorgan Chase…

Broadcom stock surges on record earnings fueled by AI boom, 10-for-1 stock split Source link

Hong Kong’s stock exchange reported its highest quarterly profit in nearly four years after China’s stimulus measures boosted trading and listing volume.Bloomberg | Bloomberg | Getty…

Asiavision | E+ | Getty ImagesCollectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt…

Stock picking looks easy, but the numbers prove it isn’t. S&P Global reports that after one year, 73% of active managers underperform their benchmarks. After five years, 95.5%…

The latest quarterly figures show that credit card debt hit another record level getty Americans Struggle With Record Credit Card DebtU.S. credit card debt reached a…

Sign on an empty supermarket shelf in Queens, New York.Lindsey Nicholson/UCG/Universal Images Group via Getty ImagesWholesale egg prices have eclipsed record levels as the U.S. scrambles…

A “mild recession” is on the cards, according to Commerzbank CEO Manfred Knof.Picture Alliance | Picture Alliance | Getty ImagesCommerzbank on Friday unexpectedly released quarterly results,…

UPDATE: This article includes quotes from CEO Brian Moynihan and CFO Alastair Borthwick, as well as new details on Bank of America’s guidance for 2025.Bank of…