Finance

90% of qualifying electric vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says

The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the…

Citigroup tops estimates for first-quarter revenue, helped by trading results

Citigroup on Friday posted first-quarter revenue that topped analysts’ estimates, helped by better-than-expected trading revenue. Here’s what the company reported:…

Wells Fargo shares fall as lower interest income cuts into profits

Wells Fargo shares edged lower Friday after the bank reported first-quarter earnings that showed a decline in interest income. Wells…

JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects

JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: JPMorgan will…

Physical gold offers more protection than mining stocks, says State Street’s George Milling-Stanley

Investors looking to weather a volatile market may want to opt for physical gold over gold stocks. That’s according to…

What to expect from bank earnings as high interest rates pressure smaller players

The benefits of scale will never be more obvious than when banks begin reporting quarterly results on Friday. Ever since…