Fed projects one rate cut this year as Powell vows to stay on until DOJ investigation is finished
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted…
Citigroup’s hedge fund clients sold the dollar around Supreme Court tariff ruling
LONDON, Feb 24 (Reuters) – Citigroup’s hedge fund clients sold the dollar around Friday’s U.S. ‌Supreme Court ruling…
China expands oversight of major banks amid property sector risks
China has expanded its list of domestic systemically important banks (D-SIBs) – institutions subject to tighter regulatory standards…
China moves to curb auto price wars after sales sink
HONG KONG (AP) — China moved on Thursday to curb a fierce price war among automakers that has…
As AI wipes out desk jobs, Citigroup CEO Jane Fraser says the company is training 175,000 employees to ‘reinvent themselves’ before their roles change forever
The next frontier of work is here, where AI agents are the new coworkers and algorithms operate as…
As Trump’s deadline for a cap on credit card rates looms, banks have only questions and no answers
NEW YORK (AP) — President Donald Trump a week ago told the credit card industry it had until…
Wall Street executives warn Trump: Stop attacking the Fed and credit card industry
NEW YORK (AP) — Up until this week, Wall Street has generally benefited from the Trump administration’s policies…
Citi edges closer to Russia exit, bracing for over €1bn hit
Published on 30/12/2025 – 22:07 GMT+1 Citi has secured the internal approvals needed to proceed with the sale…
Federal Reserve set to cut rate but may signal a pause to come
WASHINGTON (AP) — The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome…
Trump commutes sentence of former US Rep. George Santos
NEW YORK (AP) — President Donald Trump said Friday he had commuted the sentence of former U.S. Rep.…
Is Europe’s Market About to Break Out — or Break Down?
This article first appeared on GuruFocus. European stocks are grinding through a year of hesitation. A Bloomberg survey…
Wall Street wavers as trade tensions flare again with China
NEW YORK (AP) — Stocks wavered on Wall Street Tuesday as trade tensions escalate again with China. The…