In a speech, ECB President Christine Lagarde said the “rapid reopening” of the economy has led to steep rises in fuel prices, gas and electricity and price hikes in durable goods and some services. These Read more…
Citigroup posted solid fourth quarter earnings Friday, but was dragged down by a mixed report from its larger rival JPMorgan. Citigroup (C) – Get Citigroup Inc. Report posted stronger-than-expected fourth quarter earnings Friday, as the bank Read more…
A mixed set of earnings from JPMorgan has the Dow moving lower, while hawkish signals from the Fed continue to put pressure on tech stocks heading into the final trading day of the week. Stocks Read more…
The Canadian dollar is in positive territory and continues to have an excellent week, with gains of 1.28%. The currency is back below 1.25 and is looking to close below this symbolic line for the Read more…
Bernie Sanders, Elizabeth Warren and Tammy Baldwin want BlackRock CEO Larry Fink to get his hands dirty and broker a deal with striking workers at Warrior Met Coal. Sens. Bernie Sanders, Elizabeth Warren and Tammy Read more…
Air and water pollution, noise and light, trash and more—this is how people rated these 30 American cities. How bad is pollution in America’s cities? Many people around the world saw a dramatic change in Read more…
Canva Operating profit represents income from a company’s normal business activities before deducting interest expenses and taxes. What Is Operating Income? Operating income is the amount of money that remains after operating expenses and cost Read more…
Wells Fargo posts fourth-quarter earnings that handily beat analysts’ forecasts amid broader improvement in the economy and net reserves. Wells Fargo (WFC) – Get Wells Fargo & Company Report on Friday posted fourth-quarter earnings that handily Read more…
GBPJPY is consolidating between the 156.00 handle and the 157.84 level, which is the 161.8% Fibonacci extension of the down leg from 144.94 until 124.00. The simple moving averages (SMAs) are reflecting a fragile neutral-to-bullish Read more…
“Unprecedented M&A activity”, as well as the release of $1.8 billion in provisions set aside for bad loans, helped JPMorgan top the Street’s Q4 earnings forecast. Updated at 7:20 am EST JPMorgan Chase (JPM) – Read more…