Latest in US earnings latest: JPMorgan and BNY set to close at peaks as banks rally
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Stocks pop on cool inflation, hot bank earnings — plus, new rules on biotech exports to China
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 3h -
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 - 7h -
US earnings latest: JPMorgan and BNY set to close at peaks as banks rally
Shares rise in morning trading as Wall Street banks report bumper earningsFinancial Times - 2h -
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 - 3h -
JPMorgan reshuffles Jamie Dimon’s top lieutenants
Jenn Piepszak replaces Daniel Pinto as chief operating officer at US’s biggest bank but will not seek to succeed chiefFinancial Times - 1d -
JPMorgan Just Decided That Employee Feedback Doesn’t Matter. It’s a Spectacularly Bad Decision
Turning off employee comments makes the disagreement appear to go away, but it only goes underground. This is bad for morale — and your compliance with the law.Inc. - 2d -
Axos Financial: how the US bank became one of Trump’s biggest backers
The online lender has thrived as it helped extend $400m in loans with its biggest individual investor, Don Hankey. As the dust started to settle after the deadly 6 January Capitol attack in 2021, ...The Guardian - 2d -
JPMorgan, Citi, Wells Fargo and Goldman’s earnings results may boost banks stocks further
The largest banks in the U.S. may justify further gains in stock prices if their earnings updates in the coming days include any upside surprises around loan growth or a boost from lighter ...MarketWatch - 2d -
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 - 2d -
JPMorgan to Require Return to 5 Days in Office
Financial institutions have been rigorous in their attempts to force return-to-office policies.Inc. - 2d -
AI set to fuel surge in new US gas power plants
Climate targets in peril as Big Tech turns to fossil fuels to feed energy demandFinancial Times - 2d -
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Peak District roads shut due to 'selfish' parking
Some cars will be towed away by Derbyshire Police while other drivers face fines.BBC News - 3d -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
Gritters blocked in by '200 cars' in Peak District
Derbyshire County Council says it cannot grit along icy roads where cars have double parked.BBC News - 4d -
Twin Peaks: From Z To A Collection Reprint Preorder Is 20% Off At Amazon
Twin Peaks: From Z to A Blu-ray (Repackage) $55 (was $70) | Releases February ...GameSpot - 5d -
Is a Macy’s near you closing? Beleaguered department store is closing 66 locations.
Macy’s Inc. unveils a list of more than 60 stores slated to close this year as the retailer struggles to right itself amid diminishing foot traffic at remaining stores and breathe new life into its ...MarketWatch - 6d -
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 - 6d -
Six big US banks quit net zero alliance before Trump inauguration
Exodus from target-setting group is attempt to head off ‘anti-woke’ attacks from rightwing politicians, say analysts. • Business live – latest updates . The six biggest banks in the US have all ...The Guardian - 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 -
Pentagon blacklisting of China’s EV battery maker puts US banks in bind
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groupsFinancial Times - Jan. 8 -
The latest forecast covering the UK
BBC weather presenter Darren Bett has the latest UK forecast for Tuesday.BBC News - Jan. 7 -
Middle East latest: Israel's military launches wave of raids across the occupied West Bank
The Israeli military has launched a wave of raids across the occupied West Bank, killing at least three Palestinians it said were militantsABC News - Jan. 7 -
Why China’s industrial giants won’t be damaged by latest US blacklisting
Being placed on the Chinese military blacklist does not carry specific penalties or immediate bansFinancial Times - Jan. 7 -
Winter Storm Blair: four people reported dead as hundreds of thousands across US without power – latest updates
Seven states declare states of emergency as flights are cancelled, schools closed and drivers face treacherous road conditions. Tell us how you have been affected by Winter Storm Blair US ...The Guardian - Jan. 6 -
A rallying call for democracy in South Korea
South Korean President Yoon Suk Yeol's attempted martial law declaration sparked a wave of collective resistance from citizens, who used protests, social media, and cultural works to express their ...The Hill - Jan. 6 -
NFL playoff field set after Lions rout Vikings to earn NFC's top seed; Patriots fire Jerod Mayo
Detroit trounced Minnesota to win the NFC North and claim the postseason byeCBS Sports - Jan. 6 -
Several commodities face headwinds in 2025 — but this metal's record rally is set to continue
Crude oil prices last year were dragged down by weak Chinese demand and a supply glut — market watchers expect prices to remain pressured in 2025.CNBC - Jan. 6 -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5 -
US stocks rally to shake off new year jitters amid light trading
S&P 500 ends day 1.3% higher in its biggest rise since the day after Donald Trump’s election victory on November 6Financial Times - Jan. 3 -
Day: Expanded CFP gave OSU chance 'to peak'
Coach Ryan Day said the expanded College Football Playoff has given Ohio State the chance "to peak" ahead of the Goodyear Cotton Bowl Classic against Texas on Jan. 10, with a trip to the national ...ESPN - Jan. 3 -
How Meta’s latest research proves you can use generative AI to understand user intent
By thinking about recommendation as a generative problem, you can tackle it from new angles and use LLMs to better understand user intent.VentureBeat - Jan. 3 -
Trump to rally in DC ahead of inauguration
Donald Trump is expected to hold a big Washington rally the day before he’s sworn in as the nation’s 47th presidentABC News - Jan. 2 -
A small caravan of migrants sets out from southern Mexico but is unlikely to reach the US
A new caravan of migrants has begun walking north toward the U.S. border from southern MexicoABC News - Jan. 2 -
These restaurant chains closed locations in 2024
Wendy's, Applebee's and Red Lobster were among the chains that announced restaurant closures in 2024.CNBC - Jan. 2 -
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Best Fitness Trackers of 2025 for Peak Performance
Whether you’re skiing in the backcountry or trampolining in the backyard, we have an activity tracker for you.Wired - Jan. 2 -
How to Watch the Quadrantids Meteor Shower, First of 2025, Peak Tonight
The Quadrantids might be one of the strongest showers this year, but poor weather could make them difficult to see.The New York Times - Jan. 2 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2 -
How to watch the Quadrantid meteor shower as it peaks this week
The quadrantid meteor shower is set to peak in early January. Here is how and when to view it.BBC News - Jan. 2
