Finance
Citigroup reports better-than-expected revenue for the third quarter
Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected...
Read more
Microsoft’s $69 billion Activision Blizzard takeover approved by UK, clearing way for deal to close
Britain's top competition watchdog on Friday gave the green light to Microsoft's proposed $69 billion takeover of gaming firm Activision...
Read more
Interest rates take center stage with banks set to report quarterly results
Bank stocks remain under pressure due to high interest rates as financial firms like Club holdings Wells Fargo (WFC) and...
Read more
China’s ‘Big Four’ banks rally after state wealth fund boosts stake
Bank of China is one of the major state-owned banks in China. Pictured here is a branch in Shanghai on...
Read more
Stocks making the biggest moves midday: Novo Nordisk, DaVita, Exxon Mobil, Amgen and more
A box of Ozempic, a semaglutide injection drug used for treating Type 2 diabetes made by Novo Nordisk.George Frey |...
Read more
Oil prices could surge if Iran enters the war, Pioneer Natural Resources CEO says
Scott Sheffield, CEO of Pioneer Natural Resources.Adam Jeffery | CNBCPioneer Natural Resources CEO Scott Sheffield said oil prices could move a lot...
Read more
Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion
Luis Alvarez | Digitalvision | Getty ImagesSome lawmakers and regulators are calling for interest rate caps and lower fees on...
Read more
Housing industry urges Powell to stop raising interest rates or risk an economic hard landing
New homes under construction in Miami, Florida, Sept. 22, 2023.Joe Raedle | Getty ImagesTop real estate and banking officials are...
Read more
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
The draw of bargains may be fading.As three of the nation's biggest retailers kick off a key sales week, former...
Read more
Stocks making the biggest moves midday: General Dynamics, United Airlines, Spotify and more
The USS Truxtun (DDG-103) destroyer sits in dry dock at the General Dynamics Corp. NASSCO shipyard facility on the Elizabeth...
Read more
