Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide
The muted outlook from the country's second-largest bank by assets could be an early signal that Wall Street's AI boom might have hit turbulence.


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The muted outlook from the country's second-largest bank by assets could be an early signal that Wall Street's AI boom might have hit turbulence.

The UK accuses Israel's government of turning a blind eye to the "ethnic cleansing" of Palestinians by settlers.


Lowe's reported mixed results as the retailer said it continued to see pressure in home improvement spending.

The NAHB/Wells Fargo Housing Market Index inched up to 35 in August from 34 in July as concerns about high mortgage rates, rising construction costs and the ec…
SBI Funds Management, whose billion-dollar IPO garnered bids worth $31 billion, made a subdued debut with shares listing at a 7% premium.

Truck transportation job growth has eked out a small gain this year, but is way below a year ago. The post Job growth in truck transportation remains muted app…

Alongside an anticipated interest-rate hike on Thursday, the central bank is expected to raise its inflation forecast from March, which assumed a swift end to…
Ocean freight rates on the trans-Pacific remain above pre-war levels as retailers warn of tepid peak season gains. The post Trans-Pacific ocean rates remain ab…

Crypto has become the most-muted topic on X since the platform launched its snooze feature, with AI-generated spam and InfoFi posting likely driving users to t…

Oil prices rose and stocks fell after President Trump called off a trip to Pakistan by two U.S. negotiators for peace talks with Iran.

Trump warns Iran in State of the Union: "I will never allow the world's number one sponsor of terror to have a nuclear weapon" while signaling diplomacy.

Home Depot beat fourth-quarter earnings expectations after missing estimates the prior three quarters.

Walmart delivered another standout quarter as the promise of lower prices drew in a broader spectrum of Americans during the critical holiday shopping period,…

As India's first AI company to IPO, Fractal Analytics didn't have a stellar first day on the public markets, as enthusiasm for the technology collided with jit…

Bailey said markets were less volatile than might have been expected but added policymakers must keep a close eye on developments.
Police patrolled across the beachfront in Bondi, a traditional Christmas destination, as hundreds of people, many wearing Santa hats, gathered on the sands.

US Representative Joyce Beatty claims the renaming of the venue is illegal because the change requires "an act of Congress".

Canada's economy is on track to show tepid growth in the third quarter, a marked recovery from the prior period though still tentative as the country comes to…
Leaf-peeping season has arrived in the Northeast and beyond, but weeks of drought have dulled this year's autumn colors and sent leaves fluttering to the groun…

The firms' year-end S&P 500 outlooks now range from 6,450 to 7,000.

The market reaction was muted after President Trump moved to fire the Federal Reserve governor Lisa Cook. One economist likened the response to a frog in "gent…

Join CNBC for the latest updates on what's moving European markets.
(RTTNews) - Indian shares are seen opening little changed on Monday, with earnings and trade developments likely to be in focus.
(RTTNews) - Indian shares were slightly lower in early trade on Friday, with uncertainty over U.S. tariffs and a muted start to the quarterly earnings season k…
Wholesale prices were unchanged in June and showed only a mild effect from U.S. tariffs, adding to the growing view that trade wars won't lead to a big increas…
(RTTNews) - Indian shares look set to open on a flat note Thursday as investors watch the latest developments on the trade front, react to the latest FOMC meet…
(RTTNews) - Indian shares look set to open largely unchanged on Tuesday due to renewed uncertainty over U.S. tariff policies.
Higher prices for some items were offset by declines in other areas, such as petrol, airfares and clothing.
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