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Category: Finance News

Why Citigroup’s shift to wealth management is a risky bet

Citigroup’s wealth management revenue fell 9% year over year in the first quarter of 2023.

Published 14 July 2023
Categorised as Finance News

Citigroup posts better-than-expected earnings and revenue, shares rise

Citigroup on Friday reported its second-quarter earnings.

Published 14 July 2023
Categorised as Finance News

Stocks making the biggest moves premarket: AT&T, Microsoft, JPMorgan, Citi and more

These are the stocks posting the largest moves in premarket trading.

Published 14 July 2023
Categorised as Finance News

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

JPMorgan has been a port in the storm for bank investors this year. But can the bank’s hot streak continue?

Published 14 July 2023
Categorised as Finance News

Disney little changed after Iger contract extension. Here’s what the pros are saying

Pros on CNBC discussed Disney after the theme park operator extended CEO Bob Iger’s contract for another two years through 2026.

Published 13 July 2023
Categorised as Finance News

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. 14.

Published 13 July 2023
Categorised as Finance News

What cooling inflation means for your Series I bonds

As inflation cools, investors are weighing whether to buy or sell Series I bonds amid other competitive options for cash. Here’s what you need to know.

Published 13 July 2023
Categorised as Finance News

Stocks making the biggest moves midday: Nvidia, Carvana, Disney, Amazon and more

These are the stocks posting the largest moves in midday trading.

Published 13 July 2023
Categorised as Finance News

June wholesale prices rise less than expected in another encouraging inflation report

The PPI for final demand rose 0.1%. Economists surveyed by Dow Jones were expecting a rise of 0.2%.

Published 13 July 2023
Categorised as Finance News

Strategist David Roche says we’ll avoid a global recession, central banks will ‘change the goalposts’

Central banks will “change the goalposts without really saying so,” on monetary policy, according to veteran strategist David Roche.

Published 13 July 2023
Categorised as Finance News

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