NEW YORK (Reuters) - Investors are recalibrating their portfolios to account for a more hawkish Federal Reserve, as signs that the central bank is ready to pull out the stops in its fight against inflation has shaken up markets in the first week of 2022. Yields on the benchmark 10-year U.S. Treasury

HONG KONG (Reuters) - JPMorgan Chase & Co (NYSE:JPM) plans to boost its private banking business headcount in Asia by more than 100 this year, two people with direct knowledge of the matter said, joining its peers in a push to grab a bigger share of the region's wealth. About a fifth of its new

BlackRock Inc BLK.N and American Express Co AXP.N are extending their hybrid work plans as the Omicron COVID-19 variant spreads across the United States. The world's largest asset manager, BlackRock, is providing flexibility through Jan. 28 and allowing U.S. employees to work from wherever they are

If the consensus is correct, the last time inflation was this high was in the early years of the Reagan administration – as the U.S. found itself amid a steep and persistent recession. The Labor Department on Friday morning will release November's consumer price index, a gauge that measures the cost

Citigroup’s Global Head of Commodities Strategy Ed Morse expressed his take on the outlook for Brent oil in 2022. Key quotes “I think we're moving from a period that's been over a year in which we've had inventories drawing down not enough supply to meet demand to a period in which we're going to se