Bank of America’s net income fell to $3.1 billion in the fourth quarter, from $7.1 billion a year ago.
BlackRock buys infrastructure investor Global Infrastructure Partners for $12 billion
BlackRock, the world’s biggest asset manager, announced Friday it is buying Global Infrastructure Partners for about $12 billion in cash and stock.
Chinese rival to Apple’s Vision Pro raises $70 million, doubles down on new strategy to win consumers
Chinese augmented reality glasses company Rokid announced it raised 500 million yuan ($70 million) in a funding round led by the government of Hefei city.
JPMorgan Chase is set to report fourth-quarter earnings. Here’s what the Street expects
JPMorgan will be watched closely for clues on how banks fared amid volatile interest rates and rising loan losses.
China posts higher-than-expected exports growth in December
China’s exports beat expectations in December, but failed to offset an overall decline for 2023, customs data showed Friday.
What to know before buying the first bitcoin ETFs. FOMO ‘is a poor investment strategy,’ expert says
The Securities and Exchange Commission has approved the first U.S. spot bitcoin exchange-traded funds. Here’s what to know before buying these assets.
U.S. deficit tops half a trillion dollars in the first quarter of fiscal year
The budget deficit totaled almost $510 billion, following a shortfall of $129.4 billion in December alone.
Stocks making the biggest moves midday: Paramount, Warner Bros. Discovery, Lyft and more
These are the stocks posting the largest moves in midday trading.
Here’s the inflation breakdown for December 2023 — in one chart
The consumer price index rose by 3.4% in December 2023, on an annual basis. That’s up from November, but there are reasons for optimism, economists said.
Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%
The consumer price index for December was expected to increase 0.2% on a monthly basis and 3.2% from a year ago, according to Dow Jones.