Deutsche Bank said it will buy back $5.4 billion of its senior unsecured debt, in a move designed to bolster investor confidence in the German lender’s liquidity and in the value of its securities.
American consumers increased their spending in January, a robust start to the year amid low unemployment and months of cheap gasoline.
Prices for imported goods fell sharply in January, the latest sign that a slumping global economy and plunging oil prices are weighing on inflation in the U.S.
The eurozone economy made progress last year. But growth was modest despite a multitude of tailwinds that have now lessened.
Struggling oil and gas companies are maxing out revolving credit lines typically used to cover short-term funding gaps, raising fresh concerns about banks’ exposure to the decline in energy prices.
A gusher of oil at Cushing, the delivery point for the U.S. benchmark crude-futures contract, has put extreme pressure on prices this week.
Facebook, under pressure from government officials, is more aggressively policing material it views as supporting terrorism.
Global market turmoil has upended Japan’s finely tuned plan for recovery, sending the country’s top economic advisers scrambling for ways to cope.
Investors are piling into gold, seeking shelter amid concerns that a turn toward negative interest rates in some countries is threatening to destabilize the global financial system.
Mitsubishi UFJ Financial Group, Japan’s biggest bank, has a big enough cushion to survive market shocks.