Rosengren said he was comfortable with the action despite a nearly $2 trillion price tag that will take the government deeper into the red.
Schlagwort-Archiv: Markets
Jamie Dimon says JPMorgan Chase should absolutely be ’scared s—less‘ about fintech threat
Dimon’s blunt assessment was in response to questioning from analysts who pointed out the rich, tech-like valuations of fintech players.
Stocks making the biggest moves midday: Poshmark, JPMorgan, Wells Fargo, Zoom, Spotify & more
Check out the companies making headlines in midday trading.
Biden’s $400 unemployment boost would replace 86% of lost wages for many workers
President-elect Joe Biden’s $1.9 trillion Covid relief plan would raise jobless benefits by $400 a week, replacing 86% of lost wages for the average person.
Wells Fargo shares slide after fourth-quarter revenue falls short of expectations
Wells Fargo’s Q4 EPS of 64 cents exceeded Refinitiv’s estimate of 60 cents, but revenue of $17.93 billion fell short of the $18.127 billion forecast.
Citigroup beats analysts’ profit estimates as bank releases money set aside for loan losses
Citigroup’s earnings per share of $2.08 far exceeded Refinitiv estimates of $1.34.
JPMorgan beats profit estimates on better-than-expected credit, record trading revenue
JPMorgan Chase’s fourth-quarter earnings per share of $3.79 beat the Refinitiv estimate of $2.62.
Jeff Bezos‘ Blue Origin aims to fly first passengers on its space tourism rocket as early as April
Jeff Bezos‘ private space company Blue Origin aims to carry its first passengers on a ride to the edge of space in a few months.
Wells Fargo shares slide after fourth-quarter revenue falls short of expectations
Wells Fargo’s Q4 EPS of 64 cents exceeded Refinitiv’s estimate of 60 cents, but revenue of $17.93 billion fell short of the $18.127 billion forecast.
Man makes last-ditch effort to recover $280 million in bitcoin he accidentally threw out
A British man who accidentally threw out a hard drive with a trove of bitcoin wants local city officials to let him search for it in a landfill site.