EIA reports a weekly fall in U.S. crude supplies, but inventory rises
Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in ...
European Commission: To Order Lufthansa to Reinstate Condor's Access to Lufthansa's Feed Traffic to and From Frankfurt Airport
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Citigroup 2025 revenue outlook tops analyst view, while stock buybacks rise
Citigroup Inc. said it expects full-year 2025 revenue of $83.5 billion to $84.5 billion amid a healthier deal environment. The projection is ahead of the current FactSet consensus estimate for 2025 ...
Palladyne AI, Red Cat Shares Rise After Companies Tout AI-assisted Drone Collaboration
Red Cat, which owns Teal Drones, produces hardware and software for military, government and commercial purposes. Palladyne's Pilot AI software allowed several of Teal's drones to independently ...
Treasury yields plunge by most in seven weeks after December CPI
December's CPI inflation data was in the process of producing the biggest one-day drop in Treasury yields since late November, leaving market-based rates on course for a second day of declines. The ...
Bank stocks are giving a nice lift to U.S. markets, along with CPI report
Wednesday's December CPI inflation report offered Wall Street some long-awaited relief after a bumpy start to 2025, but the beginning of the ...
Deliveroo Likely to Post Higher Revenue -- Earnings Preview
REVENUE: The British food-delivery company is expected to post revenue of 547 million pounds, equivalent to $668.3 million, according to a company-compiled consensus and based on 10 analysts' ...
Goldman has acted as an incubator of C-suite executives, at potential clients
Goldman CEO David Solomon boasted on the post-earnings call with analysts how well employees have been nurtured, as more than 40% of the banks current partners started as college campus hires. He also ...
Wells Fargo, JPMorgan lead capital flows into bank bonds
Capital flowed into debt issued by JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc. after strong quarterly results from the big banks. Of the four, the most capital ...
Bitcoin jumps after softer-than-expected core CPI
Bitcoin rose 3.2% on Wednesday, after the consumer-price index report showed that core inflation was softer than forecast in December. The largest cryptocurrency was trading at around $99,613 on ...
CPI data should quiet critics of Fed's December rate cut: Nikko Asset
While Wednesday's CPI data may not soothe concerns about inflation risks under the Trump administration, it "should quiet the tut-tutting of armchair central bankers who had criticized the Fed's ...
Priority Technology Shares Drop After Secondary Offering Begins
Priority Technology Holdings shares were down 15% to $8.09 in mid-morning trading after the company began an underwritten secondary offering for about 9.2 million shares, to be sold by certain ...