BNP Paribas and Macquarie have become two of the latest banks to push back their expectations of US interest rate cuts. Anna Nicolaou, James Fontanella-Khan and Sujeet Indap in New York and ...

While some on Wall Street are now questioning whether the Fed will be able to cut rates at all, Rick Rieder, Blackrock’s head of fixed income, continues to see rate cuts later in the year.

BlackRock is planning to cut 3% of its staff ... On March 26, Amazon announced another round of job cuts after the company said it was slashing 'several hundred' jobs at its Prime Video and ...

Job growth grew slower than expected in March, as hiring fell flat across many sectors including manufacturing and retail, Labor Department data shows.

Markets have had a rough go of things this month, but don’t count them out just yet. Monday’s bounceback, buoyed by a strong ...

BlackRock's AUM surged 15% in the first quarter ... Analysts expect asset management industry flows to reaccelerate after interest rate cuts begin, as that would incentivize the movement of ...

April 2 (Reuters) - Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they ...

Yong Rong Asset Management based in Hong Kong purchased $38 million of BlackRock iShares Bitcoin ETF (IBIT), becoming the ...

The company disclosed the job cuts in a notice to the state. At the end of May of last year, Nike had around 83,700 employees, including retail and part-time workers, according to its annual report.

The market is pricing out Fed rate cuts as data has been stronger than ... in taking advantage of the high rates environment and the BlackRock asset management platform. The fund has a 2.8-year ...