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The big money, like mega pension funds and nonprofits, still sees DEI as affecting companies’ long-term performance.
Citi and Bank of America posted first-quarter net interest income of $14 billion and $14.4 billion, respectively. (Bank of America’s NII on a fully taxable equivalent basis was $14.6 billion.) Each ...
Bank stocks were on track for their largest increase in a week after Citi and Bank of America each reported first-quarter earnings that topped analysts’ expectations. On Tuesday the SPDR S&P Bank ...
Gold futures tick higher on tariff uncertainty and short-term monetary policy outlook. Futures are up 0.2% at $3,233.60 a troy ounce, near Friday's record high of $3,263/oz. The exemption of some ...
A quiet week for the stock market continued at the open on Tuesday. The Dow Jones Industrial Average up 61 points, or 0.2%. The S&P 500 was up 0.2%. The Nasdaq Composite was up 0.1%. Stocks weren’t mo ...
Bank of America and Citigroup are expected to notch higher revenue and profit when they post results Tuesday morning.
Washington’s pro-crypto stance means expanded choice for clients and advisors looking to manage volatility and single-asset ...
Trump administration officials have moved one step closer to unveiling more tariffs by launching probes on imports of semiconductors and pharmaceutical products. In two notices set to be published ...
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Dow, S&P 500, and Nasdaq 100 futures are rising in premarket trading as the stock market braces for more Trump tariffs news.
Bank of America Chief Financial Officer Alistair Borthwick said on a call with reporters Tuesday that the bank wasn't forecasting a recession. “Client concerns over trade policy and recent market ...
Citigroup, the fourth-largest U.S. bank, reported Tuesday that profit in the first quarter was $4.1 billion, up 21% from a year ago. That amounted to per-share earnings of $1.96, which topped Wall ...