Under pressure to improve Citigroup’s performance, the bank will announce layoffs starting Wednesday, CNBC has learned.
Category: Finance News
Wholesale prices fell 0.5% in October for biggest monthly drop since April 2020
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Stocks making the biggest premarket moves: Target, TJX, Sirius XM, Advance Auto Parts and more
These are the stocks posting the largest moves in the premarket.
UBS boss Ermotti says ‘incredible’ bond demand is ‘a signal to the Swiss banking system’
UBS Group CEO Sergio Ermotti says the “incredible” market demand for the bank’s recent issuance of AT1 bonds is a “signal to the Swiss banking system.”
China’s unfinished property projects are 20 times the size of Country Garden
The size of unfinished, pre-sold homes in China is about 20 times the size of developer Country Garden as of the end of 2022, Nomura analysts said.
China retail sales, industrial data grow faster than expected in October
China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened.
PGA Tour says it will offer players equity ownership after it seals deal with investors
The PGA Tour is in talks with Saudi Arabia’s Public Investment Fund to complete a framework aagreement they reached earlier this year.
Here’s how much you can make in 2024 and still pay 0% capital gains taxes
Inflation boosted the capital gains tax brackets for 2024. Here’s how much you can make to pay 0% capital gains taxes on investments.
Stocks making the biggest moves midday: Home Depot, Fisker, SolarEdge and more
These are the stocks posting the largest moves in midday trading.
Here’s the inflation breakdown for October 2023 — in one chart
The consumer price index continued a steady decline in October on the back of lower gasoline prices.