Why Citigroup’s shift to wealth management is a risky bet
Since the company’s collapse during the 2008 recession, Citigroup’s stock has continuously struggled, with shares falling more than 30% over…
Stocks making the biggest moves premarket: AT&T, Microsoft, JPMorgan, Citi and more
Check out the companies making headlines in premarket trading. JPMorgan Chase — The bank stock climbed 2.7% after reporting better-than-expected…
Citigroup posts better-than-expected earnings and revenue
Citigroup on Friday reported second-quarter earnings and revenue that topped expectations. Despite the beat, Citi’s revenue fell 1% from a…
St. Louis Fed President Bullard says he’s stepping down in August
The St. Louis Federal Reserve announced Thursday that Jim Bullard will step down from his post as president, effective Aug.…
Stocks making the biggest moves midday: Nvidia, Carvana, Disney, Amazon and more
Check out the companies making headlines in midday trading. Alphabet — The Google parent company added 4.4% after launching its…
Strategist David Roche says we’ll avoid a global recession, central banks will ‘change the goalposts’
The global economy will likely avoid a recession and central banks will need to “change the goalposts” on inflation, according…
June wholesale prices rise less than expected in another encouraging inflation report
The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that…
Stocks making the biggest moves premarket: Delta Air Lines, PepsiCo, MillerKnoll and more
Check out the companies making headlines before the bell. Delta Air Lines — Delta Air Lines jumped 4% after the…
Biden’s Federal Reserve Board nominees clear key Senate committee
WASHINGTON — The Senate Banking Committee approved President Joe Biden’s three nominees to the Federal Reserve Board of Governors on…
