JPMorgan Chase reports record revenue

New York CNN  —  JPMorgan Chase (JPM) on Friday reported very first-quarter financial gain and earnings that roundly conquer expectations. The New York-based financial institution posted a financial gain of…

Troubling signs emerge as credit card debt hits record high

As credit card financial debt strike an all-time large — just shy of $1 trillion — in the final three months of 2022, delinquencies amongst borrowers accelerated. Balances grew $61…

Why is the Powerball prize at a record? Thank Fed Chairman Jerome Powell

New York CNN Organization  —  One of the causes for the record $1.6 billion jackpot for the Powerball drawing Saturday evening is something you wouldn’t be expecting – the modern…

Emerging markets hit by record streak of withdrawals by foreign investors

Foreign traders have pulled resources out of emerging markets for 5 straight months in the longest streak of withdrawals on record, highlighting how economic downturn fears and rising fascination rates…

New Delhi seeks record IPO of up to $8bn for state-run Indian insurer

Narendra Modi’s govt is expected to raise as substantially as $8bn from its preliminary community providing of Daily life Coverage Corporation of India, as it seeks to ramp up a…

Global stock markets record worst week in more than a year

Global equities endured their major declines in far more than a year as major losses in Netflix shares accentuated a market-off in tech stocks that spilled into other sectors. Buyers…