Iran’s petroleum minister, Bijan Namdar Zanganeh. Stefan Wermuth | Bloomberg | Getty Images Iran is not ready to engage in talks with the United States until sanctions are lifted, an Iranian oil minister told CNBC on Monday. “Iran is not ready to open discussions with United States,” said Iranian oil minister Bijan Zanganeh at the
Finance
While Wall Street focuses on U.S.-China trade war dangers, Medley Global Advisors’ Ben Emons sees two risks making a comeback. The way the world’s affairs are shaping up, he warns Brexit fallout and the threat of U.S. tariffs on European cars could sneak up on investors in year’s second half — which kicks off Monday.
President Donald Trump has railed repeatedly about the Federal Reserve’s “quantitative tightening” and the impact it has had on economic growth during his administration. The program will be over soon, which may not bring as much relief as Trump thinks. One reason the president may not want to get his hopes up too much is
People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images Check out the companies making headlines midday Friday: J.P. Morgan Chase, Goldman Sachs, Citigroup — Shares surged more than 2% after the Federal Reserve said all major U.S.-based banks passed the central bank’s annual stress
A man walks past Deutsche Bank offices. Luke MacGregor | Reuters Deutsche Bank is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported on Friday, citing people familiar with the discussions. The layoffs would probably take place over more than a year and would