Wall Street banks had a great quarter, and the boom times are just starting

• Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

  The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.
  
  CNBC - 1d

• Big US banks set for $31bn quarterly profit as Wall Street business booms

  Trading activity boosted in final quarter of 2024 by Donald Trump’s election win
  
  Financial Times - 3d
• 

  One-quarter in new poll say Biden was 'good' or 'great' president

  Only one-quarter of Americans said President Biden was a “good” or “great” president, getting lower approval numbers than President-elect Trump at the end of his first term and former President ...
  
  The Hill - 6d

• Wall Street gets off to a bumpy start to 2025. How investors can prepare for more volatility ahead.

  A sharp selloff in the world’s largest bond market sent shockwaves through the U.S. financial markets this week, leaving investors to ponder if that choppiness will persist throughout the new year.
  
  MarketWatch - 6d

• Updating a 12th-Century Palazzo, Where the Walls Had Secrets

  When two architects renovated the once-grand floor of a palace in Genoa, Italy, their goal wasn’t period perfection: “We didn’t want to live in a museum.”
  
  The New York Times - Jan. 7

• Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator

  With Barr's resignation, a more precise image of incoming bank deregulation is forming.
  
  CNBC - Jan. 7
• 

  Exodus by Wall Street Banks From Climate Group Worries Advocates

  The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.
  
  Inc. - Jan. 6
• 

  Gold set to rally further this year, say Wall Street banks

  Yellow metal expected to continue to benefit from buying by global central banks
  
  Financial Times - Jan. 2

More from CNBC

• Apple has worst day since August following reports of China, AI struggles

  Apple reports December quarter results on Jan. 30.
  
  CNBC - 5m

• Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief

  President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.
  
  CNBC - 24m

• These five Republicans are ready to derail Trump's tax cuts over the SALT cap

  President-elect Donald Trump's signature tax cut bill could hinge on a House Republican fight over state and local tax deductions.
  
  CNBC - 3h

• Fed Governor Waller sees potential for multiple interest rate cuts in 2025

  In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.
  
  CNBC - 3h

• Microsoft raises price of consumer version of Microsoft 365 for first time in 12 years

  In a blog post Thursday, Microsoft said it's increasing the price of its Microsoft 365 bundle for consumers by $3 a month.
  
  CNBC - 38m

More in Business

• Apple has worst day since August following reports of China, AI struggles

  Apple reports December quarter results on Jan. 30.
  
  CNBC - 5m
• 

  Trump Taps Mel Gibson, Sylvester Stallone and Jon Voight as Hollywood ‘Ambassadors’

  The president-elect said the actors would be his “eyes and ears” with the goal of helping the entertainment industry, which he said had lost business to foreign countries.
  
  The New York Times - 20m

• Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief

  President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.
  
  CNBC - 24m

• Oil ends lower, with U.S. prices failing to hold above $80 a barrel

  Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries about risks to global supplies — though the agreement has reportedly hit a ...
  
  MarketWatch - 27m

• That big one-day stock-market surge we just had? Don’t make too much of it.

  Price spikes happen in bear markets more often than in bull markets.
  
  MarketWatch - 27m