flash-finance

Company blames sluggish customer spending on AI infrastructure as tech group signals it will miss market expectations

US stocks held steady before the bell on Tuesday as investors awaited inflation data and Federal Reserve Chairman Kevin Warsh’s testimony, while also assessing hostilities in the Middle East and a slate of corporate earnings.

Hazy numbers and the absence of the IMF make for an unusual negotiation

Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.

Piero Cipollone: The digital transformation of money, payments and finance

The short-term results and the long-term risks of the “Donroe Doctrine.”

ECB selects 36 payment service providers to join digital euro pilot

China’s central bank said it’s boosting longer-term liquidity injections through outright reverse repurchase agreements, a move expected to help companies and individuals handle upcoming tax payments and to sustain demand for debt issuance.

Goldman Sachs, JPMorgan Chase, Bank of America, Citigroup and Wells Fargo all have results on Tuesday

Bond traders ramped up bets for a July interest-rate hike ahead of US inflation data and an appearance by the head of the Federal Reserve that stand to reinforce the need for action. Bloomberg's Ven Ram reports. (Source: Bloomberg)