Citi Sees 1Q Profits Rise 21% After Cost-Cutting
April 16 -- Citigroup boosted profit more than analysts estimated after a cost-cutting push helped it weather a slump in trading. Bloomberg’s Scarlet Fu reports on “In The Loop.”
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Dow Jones Futures Fall On Hot Inflation Data, Powell Next; GameStop Rockets 131%
Dow Jones futures dropped Tuesday on the stock market today on hot inflation data. Fed Chair Jerome Powell is next. GameStop stock rocketed 131%.
Investor's Business Daily'Which Bucket Do I Draw From First?' Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts
When Ellen, a 67-year-old retiree, reached out to Suze Orman during her podcast, she had a straightforward yet crucial financial inquiry: "Which bucket do I draw from first?" Ellen, whose Social Security covers most of her daily living expenses, needed guidance on how to use her different types of retirement accounts for additional expenditures like travel. Don't Miss: The recommended retirement savings amount is $550K, but here is why so many Americans are falling short. Reddit user reveals his
BenzingaUS producer prices increase more than expected in April
U.S. producer prices increased more than expected in April amid strong gains in the costs of services and goods, indicating that inflation remained elevated early in the second quarter. The producer price index for final demand rose 0.5% last month after falling by a downwardly revised 0.1% in March, the Labor Department's Bureau of Labor Statistics said on Tuesday. Financial markets expect the Federal Reserve to start its easing cycle in September, though some economists believe the first interest rate cut could come in July.
ReutersGameStop stock gains more than 100% as meme-stock market returns with a vengeance
GameStop stock stock surged again early Tuesday, adding to a 74% rise on Monday as meme stocks appear to be back in vogue.
Yahoo Finance1 Ridiculously Undervalued Growth Stock Down 93% to Buy Hand Over Fist Right Now in May
Investors are not convinced that this cheap stock is safe from the rising effectiveness of artificial intelligence.
Motley FoolAlibaba Stock Dives After Earnings, But Is BABA Stock A Buy Now?
Alibaba stock rallied strongly ahead of its Q1 report, but a revenue beat was offset by an 86% drop in quarterly profit.
Investor's Business DailyPrediction: These Are Wall Street's Next 3 Stock-Split Stocks to Follow Walmart and Chipotle Mexican Grill
Nearly a dozen high-profile companies have conducted a forward-stock split since the midpoint of 2021. Three prominent, time-tested businesses may be the next stock-split stocks.
Motley FoolIt’s Not Just GameStop or AMC. SunPower and More Shorted Meme Stocks Are Flying.
One-time meme stocks and other heavily-shorted names are rocketing higher in a new retail investor frenzy.
Barrons.comCan You Guess How Many Retire With A $5 Million Nest Egg?
In the realm of retirement savings, only a select few in the United States achieve the milestone of a $5 million nest egg. Data from the Employee Benefit Research Institute, based on the Federal Reserve’s Survey of Consumer Finances, reveals that a mere 0.1% of retirees manage to accumulate over $5 million in their retirement accounts, whereas only 3.2% amass over $1 million. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? Can you
BenzingaHome Depot earnings show signs of a consumer pullback
US shoppers under pressure are expected to spend less at Home Depot, but the home improvement retailer may make up some of the loss with professional consumers.
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