Blog Verité

In general, the market is much more optimistic about interest-rate developments than the Fed, DJE Kapital said, which for the time being sticks to a rather short duration bias.

The Wall Street bank will also engage an independent expert to review its pay practices and employee performance evaluations.

UBS said Ulrich Koerner, current Credit Suisse CEO, will join the UBS executive board once the takeover is closed, while Todd Tuckner will take on the role of CFO.

Daimler Truck posted sharply higher underlying earnings of €1.1 billion in the first quarter on strong demand and as global supply chains improved.

The Israeli military said the airstrikes were part of a new operation against senior Palestinian Islamic Jihad commanders.

A U.S. core CPI reading of 5.7% and above could spark a 0.5%-1.0% rally of the greenback, Pepperstone said.

The decision begins the 25-year-old’s plan for the unprecedented outpouring of support that he received after his heart stopped following a tackle during a “Monday Night Football” game in January. (Image credit: David J. Phillip/AP)

Mauricio Garcia’s activity on Russian social media site reveals fascination with white supremacy and massacres; gunman researched Dallas-area outlet mall before killing 8 there

Indian shares were higher, led by gains in financial and auto stocks, as hopes for earnings growth continued.

At a time of rising rates of depression and anxiety among teens, the American Psychological Association warns parents parents their children need more protection. when they are online. (Image credit: martin-dm/Getty Images)