Citigroup to cut 20,000 US employees | CNN Business

[ad_1] John Keeble/Getty Images Citi says it will also shed 40,000 jobs after the spin off of the bank’s Mexican retail unit. New York CNN  —  Citigroup will lay off…

Sweden’s Economic Forecast Cut at SEB as Households Squeezed

[ad_1] The outlook for Sweden’s economy has deteriorated with spending by households set to be a determining factor in how big the contraction turns out to be, according to the…

Ether prices spike on hopes of an ETF — but the SEC says that’s less clear cut than bitcoin

[ad_1] St. Moritz, SWITZERLAND — U.S. Securities and Exchange Chair Gary Gensler fired warning shots to the crypto industry, casting doubt over whether digital coin ether would follow next in…

US economic growth slows as firms cut investment – BBC News

[ad_1] By Natalie Sherman Business reporter, New York 27 April 2023 Image source, Getty Images The US economy slowed in the first three months of the year, as businesses reduced…

Interest rate cut forecasts for 2024 too optimistic, National Bank CEO warns

[ad_1] Economic forecasts predicting interest rate cuts in 2024 are too optimistic, according to National Bank of Canada NA-T chief executive officer Laurent Ferreira, as concerns mount that persistently high…

Baby formula price cut helps new parents

[ad_1] Food and drink giant Danone will cut the price of its baby formula range sold to UK retailers. [ad_2] Source link

Rent the Runway to Cut About 10% of Corporate Jobs, Lose Operating Chief

[ad_1] Rent the Runway is putting in place another restructuring plan that includes cutting about 10% of its corporate roles. The fashion subscription company on Tuesday said the turnaround plan…

Mortgages: Barclays and Santander cut rates as competition intensifies

[ad_1] The interest rate on a fixed mortgage does not change until the deal expires, usually after two or five years, and a new one is chosen to replace it.…

Analysis: ECB Is Likely To Cut Rates Before Fed, BNP Paribas AM Says

[ad_1] The European Central Bank is likely to cut interest rates in the spring, before the Federal Reserve does, as the eurozone economy is weaker than that of the U.S.,…

Hong Kong stocks halt 5-day slide on bets China to cut rates to spur growth

[ad_1] Hong Kong stocks advanced after Beijing hinted at more policy support to shore up the nation’s faltering economic growth. Three companies started trading for the first time, with two…