Citigroup is starting a major multi-year transition The company is shifting away from retail banking outside the US Wealth management and commercial banking are key growth...
The price of black gold has hit 14-year peaks from the sanctions on Russia, even if none of those measures were meant for oil. Ukraine’s golden crop is also valued at highs not...
Wall Street is debating whether the Federal Reserve might announce an emergency interest rate hike soon. Recent data released by the Labor Department shows inflation at 7.5%, the...
Volatility and declining equity prices have dominated financial news since the start of the new year. The Dow Jones, the S&P 500, and the NASDAQ 100 declined 4.4%, 5.9%, and 9.5%,...
This week, earnings from Wall Street's largest banks showed that the rising cost pressures will likely hurt their margins in 2022, dimming hopes for another solid year for their...
January brings a new earnings season when most US-listed names begin issuing results for the last quarter of the previous year. Financial shares usually are the first to report.On...
Q4 earnings will test company profitability amid rising costs Economically sensitive sectors expected to outdo tech After spending recent months fixated on inflation and monetary...
After a solid new-year rally, top US banks begin reporting their fourth-quarter earnings on Friday. Investors remain optimistic that higher interest rates and improving demand for...
Wall Street's fourth quarter earnings season kicks off this week, with banking giants JPMorgan Chase (NYSE:JPM), Citigroup (NYSE:C), and Wells Fargo (NYSE:WFC) all set to report...
Stocks and bonds selling off in tandem...that's highly unusual Big banks kick off Q4 earnings season The first week of trading in 2022 proved to be volatile, with the turbulence...