And bank results show the USA is OK
Plus, Citigroup poaches top JPMorgan bankers and Mamdani faces Wall Street critics
President says beverage giant will switch back to its old primary sweetener in cola produced domestically
US carrier’s quarterly revenue topped $15bn for the first time
The US bank hired Viswas Raghavan as head of banking in 2024 to bolster its position in investment banking
Solomon may lack his predecessor’s smoothness but investors prefer effectiveness
GrabAGun says it is ‘built for the next generation of firearms enthusiasts and sportsmen’
Group reports strong revenues and ‘favourable foreign exchange’ rates in second quarter
Fees from return of dealmaking add to another record quarter for Wall Street bank’s equity traders
Artificial intelligence start-up has shown brands a prototype of its new checkout feature
US lender posts strong revenue growth at retail bank and markets divisions
Wall Street bank’s unit serving high-income clients pulled in $59bn of net inflows during the second quarter
Shares surge after positive trading update but company looks more like a 3-star affair, particularly from a US perspective
The enormous US deportation programme is enriching companies as detainees complain of poor treatment
US president hosts summit in critical swing state as he seeks to improve faltering approval rating
US commerce secretary wants Chinese AI developers to ‘get addicted to the American technology’
Erica Williams told staff at Public Company Accounting Oversight Board that Paul Atkins asked her to resign
Shares fall despite market rally driving world’s largest asset manager to record $12.5tn in assets
JPMorgan Chase and Citigroup strike an upbeat tone on the economy and notch up strong trading results
Payment processing group’s shares lag behind rivals after investor sentiment sours following $24.2bn acquisition
One benefit from lifting of asset cap is lender can be more aggressive in attracting deposits
Thinking Machines Lab valued at $12bn after raising $2bn in round led by Andreessen Horowitz
The line between acquiring people and acquiring businesses has become ever fuzzier
MP Materials secured investment as Donald Trump sought to counter China and take a new approach to national defence