Prices have declined over the past year in consumer categories such as physical goods, groceries and energy, according to the consumer price index.
Category: Finance News
IRS: Taxpayers may avoid a surprise tax bill by making a quarterly payment by Jan. 16
The fourth quarter estimated tax deadline is Jan. 16, and you could have a surprise bill or owe a penalty if you don’t send a payment.
Stocks making the biggest moves midday: United Airlines, CVS, Tesla, Citi, DocuSign and more
These are the stocks posting the largest moves in midday trading.
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
Citigroup CEO Jane Fraser announced one of the largest moves to cut headcount at a major U.S. bank in recent years.
Bill Ackman is creating an activist organization to fight antisemitism, reform higher education
“It’s going to be a ‘think-and-do tank.’ It’s going to be an activist,” Ackman said in an interview with CNBC’s Andrew Ross Sorkin on “Squawk Box.”
Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
Citigroup CEO Jane Fraser announced plans for a sweeping corporate reorganization in September after previous efforts failed to boost the bank’s share price.
Wholesale prices unexpectedly fell 0.1% in December in positive inflation sign
The producer price index fell 0.1% for the month and ended 2023 up 1% from a year ago, the Labor Department reported Friday.
Stocks making the biggest moves premarket: Tesla, Delta, Qualcomm, Bank of America and more
These are the stocks posting the largest moves in premarket trading.
Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting
Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago.
Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge
Bank of America’s net income fell to $3.1 billion in the fourth quarter, from $7.1 billion a year ago.