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US inflation likely remained elevated last month, threatening interest rate cuts
U.S. inflation probably worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could lessen the chance that the Federal Reserve will cut its key interest rate
Cryptocurrency is a non-thing
Last November, for the first time, the FDIC reported the results of a new question it added to the survey: Do you use a cryptocurrency like bitcoin instead of a bank? From the start, the dream for
JPMorgan's net income jumps 50% to more than $14 billion in the final quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for
Inflation pressures ease in December as core CPI rises less than forecast
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since July. On a "core" basis, which strips out the more volatile costs of food
Hold onto your current job if you want to keep working remotely
Americans who want to keep their work-from-home arrangements may need to cling to their current jobs. Corporate giants like Amazon, AT&T, and JPMorgan have notified employees they must return to the
JPMorgan notches another record year of profits
JPMorgan Chase (JPM) churned out more profits than it ever has before as it earned $14 billion in the final quarter of 2024. Its full-year profits rose to $58 billion, an all-time record for JPMorgan
XRP Price Hit Record High. Watch This SEC Vs. Ripple Development Today.
XRP price soared double digits to reach an all-time high early Wednesday. The price of the popular altcoin, used to facilitate and settle transactions on the Ripple payment platform, is up 6.7% over
Companies are expected to post their best earnings growth in 3 years. The biggest gains won’t come from Big Tech.
Financials should be the biggest profit gainers this earnings season — but as Trump returns, trends could be “much more volatile than Trump 1.0,” analyst says.
Stock market today: Global stocks mixed ahead of US inflation data
World stocks were mixed on Wednesday following Wall Street’s mostly positive performance before key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal
Here's how much you'll pay in taxes if Trump's tax cuts get extended or expire
Many provisions from President-elect Donald Trump's major tax package from his first term, 2017's Tax Cuts and Jobs Act, are set to expire this year. The legislation lowered tax r
How mega-polluters take advantage of billions in green loans
Shell got one. So did the pipeline company Enbridge. And last summer, energy giant Drax got its biggest one to date, worth more than half a billion dollars. These weren’t just any loans to massive
These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, D-Wave Quantum, and More
Fourth-quarter earnings from JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
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