Prices have fallen for physical goods, gasoline, airfare and some grocery items like apples since June 2023, according to the consumer price index.
Schlagwort-Archiv: CNBC
We are upgrading our rating on Wells Fargo as investors dump stock post-earnings
We don’t like to see guidance misses, but bank interest income estimates depend on interest rates, which Wells Fargo has no real control over.
Here’s why Wells Fargo stock is down 7% despite the bank’s quarterly earnings beat
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JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.
Citigroup tops expectations for profit and revenue on strong Wall Street results
Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on a rebound in Wall Street activity.
Wells Fargo shares tumble after net interest income falls short of estimates
The San Francisco-based bank recorded $11.92 billion in net interest income, a key measure of what a bank makes on lending, marking a 9% year-over-year decline.
JPMorgan Chase tops second-quarter revenue expectations on strong investment banking
JPMorgan Chase on Friday posted second-quarter profit and revenue that topped analysts‘ expectations as investment banking fees surged 52% from a year earlier.
China’s imports unexpectedly drop in June, but exports beat forecasts
China’s imports fell in June, missing expectations for slight growth, while exports grew more than expected, customs data released Friday showed.
Citigroup tops expectations for profit and revenue on strong Wall Street results
Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on a rebound in Wall Street activity.
Wells Fargo shares tumble after net interest income falls short of estimates
The San Francisco-based bank recorded $11.92 billion in net interest income, a key measure of what a bank makes on lending, marking a 9% year-over-year decline.