News

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.

The fourth quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.

The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.

JPMorgan's results will be closely watched for signs that industry optimism is warranted.

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.

Wells Fargo, Goldman Sachs and BlackRock will all post Q4 results before the bell.

Wiedman, head of the global client business, was instrumental in driving BlackRock's growth in passive investing.

The Consumer Financial Protection Bureau announced it was suing Capital One for "cheating" customers out of more than $2 billion in interest.

Pinto has worked at JPMorgan and a predecessor firm for more than four decades.

An aging U.S. population and lower risk of replacement by A.I. has contributed to strong demand for health care workers.

The deal will let Klarna offer its popular buy now, pay later plans to merchants using Stripe's payment tools in 26 countries.

China's electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive.