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Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results

Citigroup on Friday posted first-quarter revenue that topped analysts’ estimates, helped by better-than-expected results in the bank’s investment banking and…

Wells Fargo earnings top estimates even as lower interest income cuts into profits

Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest…

JPMorgan Chase shares drop after bank gives disappointing guidance on 2024 interest income

JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came…

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…

Wholesale prices rose 0.2% in March, less than expected

A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will…

European Central Bank gives strong signal that cuts are on the way despite Fed uncertainty

The European Central Bank on Thursday held interest rates steady for a fifth straight meeting and gave its clearest signal…