Big banks like JPMorgan Chase and Goldman Sachs are already using AI to hire fewer people
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual ...
Tag: business news
CNBC Daily Open: Strong bank earnings seem to overshadow escalating trade war
U.S. Treasury Secretary Scott Bessent speaks as he and U.S. Trade Representative Jamieson Greer hold a press conference on the ...
CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation
Albert Bourla, CEO of Pfizer, Charlie Scharf, Wells Fargo & Company CEO and Kathy Warden, Northrop Grumman Chair & CEO ...
Morgan Stanley posts massive third-quarter earnings beat
Ted Pick, CEO of Morgan Stanley speaks on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on ...
Anthropic launches Claude Haiku 4.5, a smaller, cheaper AI model
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025.Stefan Wermuth | Bloomberg | ...
Apple announces new MacBook Pro, iPad Pro and Vision Pro with updated chip
The upgraded Apple Vision Pro features the powerful M5 chip, the comfortable Dual Knit Band, innovative features with visionOS 26, ...
Bank of America tops estimates on 43% surge in investment banking revenue
Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate ...
ASML looks to calm fears over 2026 growth as it warns of China sales decline
Employees assemble a ASML NXT1970Ci photolithography machine at the ASML Holding factory in Veldhoven, Netherlands.Jasper Juinen | Bloomberg | Getty ...
Most U.S. consumers expect higher holiday prices and a weaker economy, survey finds
As the peak holiday shopping season approaches, most U.S. consumers have a downbeat outlook on the economy, according to an ...
Citi reports a rise in earnings with every business posting record third-quarter revenue
Citi is seen on the floor of the New York Stock Exchange on March 3, 2025. NYSECitigroup posted stronger-than-expected third-quarter earnings ...
