Latest in Initially Estimated
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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 - 1d -
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 - 1d -
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 - 2d -
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 - 2d -
Estimated Gaza Toll May Have Missed 25,000 Deaths, Study Says
Analysis found that more than 64,000 Palestinians may have been killed by traumatic injury in the first nine months of the war.The New York Times - 2d -
Estimated cost of Thames Water renationalisation questioned
Comparison with Bulb government loans gives exaggerated forecast, experts claimFinancial Times - 4d -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - 4d -
L.A. Wildfires May Be the Costliest in U.S. History, Estimates Say
An estimate puts wildfire losses so far between $135 billion and $150 billion.Inc. - 6d -
Meta and Amazon axe diversity initiatives joining US corporate rollback
The companies are among the latest major corporations to alter their diversity programmes since Trump's re-election.BBC News - 6d -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
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 -
Biden says federal government to cover 100% of costs for initial LA fire recovery
President Joe Biden on Thursday announced the federal government would cover 100% of costs of the initial federal disaster response to the Los Angeles wildfires.ABC News - Jan. 10 -
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 -
IRS: Missing final 2024 quarterly estimated tax payment could trigger 'unexpected penalties'
The fourth-quarter estimated tax payment for 2024 is Jan. 15. Here's how to avoid "unexpected penalties," according to the IRS.CNBC - Jan. 9 -
5.8-magnitude earthquake shakes El Salvador; no initial reports of damage
A strong earthquake drove frightened residents of El Salvador’s capital into the streets, but there was no immediate report of damage or deathsABC News - Jan. 9 -
Man extradited to Queensland from NSW over alleged 1997 murder of former partner initially ruled as suicide
Keith Lees charged with murdering Meaghan Rose whose body was found at the base of cliffs at Mooloolaba. Get our breaking news email , free app or daily news podcast A 72-year-old man has ...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 -
Export-Import Bank launches initiative to counter China's mineral dominance
The federal government is launching an initiative to support foreign minerals projects that exclude China as part of an effort to bolster U.S. supply chains. The Export-Import Bank (EXIM), a ...The Hill - 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 -
Exxon sues California attorney general, environmental groups for disparaging its recycling initiatives
ExxonMobil on Monday sued California Attorney General Rob Bonta (D) and a group of environmental activist groups, alleging they colluded on a campaign of defamation against the oil giant’s plastic ...The Hill - Jan. 7 -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - Jan. 7 -
DMC and Niko Moon launch initiative for addiction support at concerts
DMC of Run-DMC and country star Niko Moon join forces with "One Million Strong" to create sober-friendly spaces at concerts, helping fans and artists affected by addiction.CBS News - Jan. 6 -
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Scalise cites DEI initiatives in law enforcement while discussing New Orleans attack
House Majority Leader Rep. Steve Scalise (R-La.) cited diversity, equity and inclusion (DEI) initiatives that he says have blurred the focus of law enforcement agents hired to keep the country safe ...The Hill - Jan. 3 -
Johnson initially fails to secure speakership on first ballot
Two House Republicans joined Rep. Thomas Massie in opposing Johnson for speaker on the floor.Politico - Jan. 3 -
2025 Pro Bowl rosters: Chiefs' Patrick Mahomes misses initial cut for first time in six years
Mahomes is listed as an alternate behind Joe Burrow, Josh Allen and Lamar JacksonCBS Sports - Jan. 2 -
