According to Reuters, HSBC plans to cut up to 10,000 jobs or 4% of its workforce in an effort to reduce costs. read more

OCT 7, 2019 - 6:35 am

According to the Financial Times, the Federal Reserve said industrial production rose in May after a 0.4% drop in April. read more

JUN 17, 2019 - 7:31 am

Wells Fargo CEO and President Tim Sloan testified before the House Financial Services Committee, asserting Wells Fargo has become a better bank through ongoing operational reforms. But numerous news services reported this testimony was met with skepticism by Congressional membership. read more

MAR 13, 2019 - 7:05 am

According to the Financial Times, China’s aviation regulator has decided to ground all Boeing 737 Max 8 aircraft used by domestic airlines in the wake of the same plane’s deadly crash in Ethiopia on Sunday. read more

MAR 11, 2019 - 6:50 am