By Manya Saini and Tatiana Bautzer NEW YORK (Reuters) -Citigroup’s third-quarter profit beat estimates on Friday as it benefited from…
JPMorgan profit beats estimates on record interest income, First Republic purchase
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase beat expectations for third-quarter profit on Friday as rising borrowing costs…
China’s trade slump eases, boosting recovery hopes, but challenges persist
By Joe Cash, Liangping Gao and Ellen Zhang BEIJING (Reuters) – China released a mixed batch of economic data on…
JPMorgan chief Dimon warns of ‘ripple effects’ from Middle East violence
(Reuters) – The conflict in the Middle East will have “ripple effects that extend far beyond the region”, JPMorgan Chase’s…
Bets on Fed December rate hike rise after inflation data
(Reuters) – Traders see a stronger chance the Federal Reserve will end up delivering another interest-rate hike this year, and…
Delta says travel boom is not over yet
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines has a message for investors worried about signs of softening demand…
Walgreens maps out $1 billion in cost cuts as profit forecast underwhelms
(Reuters) -Walgreens Boots Alliance said on Thursday that it expected to cut at least $1 billion in costs in 2024…
US Space Force pauses use of AI tools like ChatGPT over data security risks
WASHINGTON (Reuters) – The U.S. Space Force has paused the use of web-based generative artificial intelligence tools like ChatGPT for…
Oil falls over 2% after Saudi pledge; investors keep wary eye on Israel
By Nicole Jao NEW YORK (Reuters) -Oil prices fell over 2% on Wednesday as fears of disruption to supplies due…
US Senator Warren concerned Exxon’s plan to buy Pioneer will raise costs
WASHINGTON (Reuters) – U.S. Senator Elizabeth Warren, a Democrat on the Senate Banking panel, said on Wednesday she was concerned…