Credit Suisse
the second-biggest Swiss lender after UBS, said it would cut jobs and spin off its investment banking business as it reported a 4 billion franc ($4 billion) loss for the third quarter.
The company also intends to raise $4 billion by selling shares as part of what Chairman Axel Lehmann dubbed a “blueprint for success.”
Famed short seller Jim Chanos shrugged off the AI hype this week.ReutersArtificial intelligence has sparked a major stock-market rally in...
SmartAsset: How the Employer Match Works With the 401(k) LimitA 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account...
Chinese President Xi Jinping speaks during a press conference at the BRICS Summit in Xiamen, Fujian province, China September 5,...
President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative agreement to raise the U.S. debt ceiling over...
