Dallas Federal Reserve Bank President Robert Kaplan on Wednesday said that any new fiscal policies must take into account rising public debt. » Read More
By: Evelyn Cheng
Citigroup on Wednesday reported a quarterly profit $1.14 a share on revenue of $17.012 billion. » Read More
By: Peter Schacknow
Some of the names on the move ahead of the open. » Read More
The Wall Street giant said it earned $5.08 a share on revenue of $8.17 billion.
Japanese auto parts maker Takata took a major step toward putting its airbag scandal behind it on Friday, the NYT reports.
With the unemployment rate at 4.7 percent, the U.S. economy has reached full employment, Williams said.
Toshiba is considering spinning off its semiconductor business and selling a partial stake in the unit to Western Digital.
The Dallas-based regional bank saw a jump in quarterly profit as it set aside less money for bad loans and reined in expenses.
President-elect Donald Trump's proposed policy reforms will determine the future of financial stocks, an analyst told CNBC on Tuesday.
The Justice Department called it "one of the largest" Financial Institutions Reform, Recovery and Enforcement Act penalties.
Fourth quarter earnings have generally been above expectations. But 2016 wasn't exactly a banner year for earnings.
Speaking at the World Economic Forum in Davos, the head of SkyBridge Capital said he has sold his $12 billion fund of funds.
Professional investors entered a new day for U.S. politics with high expectations tempered with caution over what could go wrong.
William Dudley is president and CEO of the Federal Reserve Bank of New York and a voting member on the Fed's policy-setting committee.
Some of the names on the move ahead of the open.
Morgan Stanley strikes a positive tone after its fourth quarter earnings report handily beat market expectations.
The investment bank says that the upgrade is not related to the government's move to cut ties, the FT reports.
Donald Trump's threat to impose a 45 percent tariff on imports from China is no longer being dismissed as rhetoric, the SCMP reports.
Italy's Luxottica and France's Essilor have agreed a 46-billion euro merger deal to create a global powerhouse in the eyewear industry.
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