Friday’s report is the first major update since Citigroup announced a new corporate structure in September.
Schlagwort-Archiv: Markets
Wells Fargo shares rise after third-quarter results top Wall Street expectations
Wells Fargo surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates offset declining loan balances.
JPMorgan Chase shares pop after profit exceeds expectations on higher rates, benign credit
While surging interest rates caught some smaller peers off guard this year, JPMorgan has navigated the turmoil well so far.
Here’s the inflation breakdown for September 2023 — in one chart
The consumer price index, a key inflation gauge, rose 3.7% in September, unchanged from August, the U.S. Bureau of Labor Statistics said Thursday.
While ChatGPT stokes fears of mass layoffs, new jobs are being spawned to review AI
Prolific, a U.K.-based online survey tool, provides people with compensation for reviewing AI outputs.
Former Barclays CEO Staley fined and banned by UK regulator over Epstein links
Former Barclays CEO Jes Staley on Thursday was fined and banned from holding any position of influence in the U.K. financial services industry.
China’s ‚Big Four‘ banks rally after state wealth fund boosts stake
Central Huijin Investment lifts stake in four of China’s biggest banks to boost market confidence.
Goldman Sachs warns of hit to third-quarter earnings on deal to offload GreenSky
The move is the latest step CEO David Solomon has taken to retrench from his ill-fated push into consumer finance.
Walgreens profit outlook comes up short as demand declines for Covid vaccines and tests
Walgreens has now underperformed Wall Street’s adjusted earnings expectations for two straight quarters.
Delta Air Lines profit jumps almost 60% after strong summer
Delta came under fire from customers last month when it announced it would make it harder to earn elite frequent flyer status.