Latest in Citigroup swings to fourth quarter profit, tops estimates on investment banking strength
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China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.CNBC - Jan. 17 -
Wall Street banks had a great quarter, and the boom times are just starting
JPMorgan Chase, Goldman Sachs and Morgan Stanley easily topped estimates for the fourth quarter.CNBC - Jan. 16 -
Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - Jan. 16 -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - Jan. 16 -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - Jan. 16 -
Citigroup racks up £1bn bill for Canary Wharf tower refit
Expected cost of renovations come on top of £1.2bn bank spent buying skyscraper in 2019Financial Times - Jan. 16 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
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 - Jan. 15 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
Marvel's Spider-Man 2 Suit Is Swinging Into Marvel Rivals Soon
Marvel Rivals is celebrating the launch of Insomniac's Spider-Man 2 on PC by having the game's iconic suit swing on to the PvP hero shooter's store starting January 30. A post about the ...GameSpot - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
Goldman Sachs shares rise after topping estimates on strong trading results
Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.CNBC - Jan. 15 -
2025 NFL Mock Draft: Cowboys invest in protecting Dak Prescott; Shedeur Sanders falls out of top 5
Plus, the Steelers and Chargers need to get more dynamic offensivelyCBS Sports - Jan. 15 -
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 winFinancial Times - Jan. 13 -
Estimated cost of Thames Water renationalisation questioned
Comparison with Bulb government loans gives exaggerated forecast, experts claimFinancial Times - Jan. 13 -
Plymouth to host Liverpool in FA Cup fourth round
Championship side Plymouth Argyle are drawn at home to eight-time winners Liverpool in the FA Cup fourth round.BBC News - Jan. 12 -
Delta outlook tops estimates as CEO expects 2025 to be airline's 'best financial year in our history'
Delta's CEO said strong travel demand is driving revenue higher.CNBC - Jan. 10 -
Fulham thrash Watford to progress to fourth round
Premier League Fulham begin their FA Cup campaign with a dominant 4-1 victory against second-tier Watford to seal a fourth-round spot.BBC News - Jan. 9 -
Loss estimates, including health effects and rebuilding costs, surge.
As fires raged, the economic toll of the disaster climbed into the tens of billions of dollars, according to analyst estimates.The New York Times - Jan. 9 -
Top Fed official says central bank is ‘pretty close’ to meeting twin targets
Kansas City Fed chief Jeff Schmid calls for ‘gradual’ changes in monetary policyFinancial Times - Jan. 9 -
Biden hails Jimmy Carter’s strength of character in eulogy at state funeral
Service marks end of 39th president’s lying in state at ceremony attended by all five living presidents. Jimmy Carter funeral – latest news Jimmy Carter’s six-day farewell to the nation ...The Guardian - Jan. 9 -
Whitehall estimates child sexual abuse compensation could hit £10bn
Starmer has criticised previous Conservative government for not implementing recommendations of 2022 Jay reviewFinancial Times - Jan. 8 -
Gingrich: Trump 'trying to project' strength with Greenland talk
Former Speaker Newt Gingrich (R-Ga.) says President-elect Trump is attempting to project strength with his recent remarks about the U.S. acquiring Greenland from Denmark, comments that have not ...The Hill - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
By the Fourth Date, Certain About Forever
Jasmine Bolton and Junior West, who met on the dating app Hinge, spent their fourth date at a friend’s wedding. The event sparked a desire for their own future nuptials.The New York Times - Jan. 7 -
Biden says 'New Orleans defines strength and resilience' at service for victims
President Biden offered his condolences to the victims of the New Orleans New Year's Day attack, calling the Louisiana city one with a tough spirit at an interfaith prayer service with victims’ ...The Hill - Jan. 7 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
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Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
Bitcoin could top $125,000 or fall toward $77,000 this quarter — depending on what Trump does next
Here are three major factors that could drive bitcoin’s price in the first quarter.MarketWatch - Jan. 5 -
Djokovic ousted by Opelka in Brisbane quarters
Novak Djokovic was beaten 7-6 (6), 6-3 by big-serving Reilly Opelka in the Brisbane International quarterfinals on Friday.ESPN - Jan. 3 -
This will be the year of investing dangerously
Investors have no clue what the returning President Trump will actually doFinancial Times - Jan. 3 -
Djokovic and Sabalenka through to Brisbane quarters
Novak Djokovic will face Reilly Opelka for the first time after reaching the Brisbane International quarter-finals.Yahoo Sports - Jan. 2 -
