Despite Trump’s demand that the Fed cut rates, Wall Street increasingly sees the exact opposite happening
As a result, the Fed will be "super orthodox and choose inflation over employment," if push comes to shove, Papasavvas predicted. Dan Ivascyn, chief investment officer at bond gia
Davos 2025: World Economic Forum, the week as it happened
We are closing our live coverage of the 2025 Word Economic Forum in Davos. Goodbye. Al Hassaina Mosque on December 3, 2021, and the mosque after its destruction in an Israeli strike during the war, in Gaza City, January 22, 2025. REUTERS/Mohammed Salem/Mahmoud Al-Basos
JPMorgan sets up ‘Trump War Room,’ top banker tells Davos
Wall Street giant JPMorgan has set up a Donald Trump ‘war room’ as the 47th president announces a flurry of new policies upon returning to the White House, according to one of its top
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Wall Street Will Frustrate Trump’s Push to ‘Drill, Baby, Drill,’ Shale Bosses Predict
President Donald Trump’s “drill, baby, drill” call for a resurgence in United States oil production will be frustrated by the reluctance of Wall Street to
Trump Aides Want to Hit Mexico, Canada With Tariffs Before Talks
The 25% import levy could go into place as soon as Feb. 1.
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Donald Trump Takes Some Shots at Wall Street in Davos
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Dow ends Trump’s first week in office with weekly gain as Wall Street weighs tariff threats
On a weekly basis, Wall Street’s main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022.
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Wall Street's Mixed Signals: Stocks Struggle Amid Economic Concerns
Wall Street's major indices showed uncertainty as investors analyzed new economic data. Boeing's shares dipped due to expected losses, while Verizon gained with subscriber growth. Concerns about potential tariffs further affected market sentiment as President Trump highlighted trade policies,
Jamie Dimon is doubling down on JPMorgan's DEI work as a conservative group targets Wall Street: 'Bring them on'
Jamie Dimon reaffirmed JPMorgan's DEI commitments after pressure from an activist shareholder.
Anthropic chief says AI could surpass “almost all humans at almost everything” shortly after 2027
On Tuesday, Anthropic CEO Dario Amodei predicted that AI models may surpass human capabilities "in almost everything" within two to three years, according to a Wall Street Journal interview at the World Economic Forum in Davos, Switzerland.
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Trump Just Slammed These 2 Bank Stocks. Should You Buy, Sell, or Hold Them Now?
Financial institutions are the lifeblood of the global economy, serving as engines of growth and stewards of stability. At their simplest, banks function by paying interest on deposits and earning higher returns on loans - a seemingly straightforward business model.