FRANKFURT Deutsche Bank has continued to pay staff roughly the same amount as it did a decade ago, despite the financial crisis and a collapse in profits, according to a Reuters analysis of its financial reports.
If you have the average amount of credit card debt, the Fed's decision to raise interest rates by a quarter of a percentage point could cost you about $3.50 extra a month in interest charges. Keep that debt going over 5 years, and it'll cost you about $200 - or more, since the Fed already signaled that there may be more rate hikes on the way in 2017.
WASHINGTON U.S. retail sales barely rose in November and industrial production recorded its biggest drop in eight months, suggesting some loss of momentum in economic growth in the fourth quarter.
Michael Moritz - chairman of Sequoia Capital and one of the most successful venture capitalists in history - says a simple vision led him to invest hundreds of millions of dollars in on-demand delivery startups.
Trump Tweet Factor: A company's stock move after it becomes the target of the President-elect's often bilious policy musings over Twitter. The pattern, so far, seems to repeat itself in a fairly consistent way: President-Elect attacks on Twitter; investors jump ship to varying degrees; and then reasonable thought (or wishful thinking) returns and everything seems to revert to something like normal.
As President Barack Obama’s tenure draws to a close, Washington is turning its attention to one of its silliest traditions: toting up the travel statistics of the outgoing secretary of state, as if miles traveled correlated to diplomatic achievement.
Much demographic hoopla has been made about 10,000 baby boomers hitting the magic "retirement age" of 65 every day. But what about the million American-born Hispanics teenagers who hit 18 each year?
LONDON/NEW YORK As far as one of the world’s biggest commodities traders, Glencore’s chief Ivan Glasenberg, is concerned, the oil market will be at the mercy of "a cat and mouse game" between OPEC and its U.S. shale rivals in the coming year.
LONDON Many carmakers are predicting a significant shift to electric vehicles in the next decade. Advances in battery technology and the growth of autonomous driving and ride sharing - suited to electric vehicles - will power this expansion, they reason.
After ingesting the Trump agenda and spitting out its market implications, investors and traders can get back to their usual pastime: trying to work out what central bankers are plotting.