Citigroup profit triples in 1Q, tops estimates; revenue down
NEW YORK — Citigroup Inc. said today that first-quarter earnings tripled to $7.88 billion compared with the year-ago quarter. The bank said it had earnings…
AP Wire
Coinbase soars in market debut, valued near $86 billion
Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a…
To retain workers, Walmart moves more of them full time
NEW YORK (AP) — Walmart is moving more of its workers full time as the nation’s largest private employer looks for more ways to attract…
Fed survey: Economy rebounding, helped by stimulus, vaccines
A Federal Reserve survey has found that the economy was rebounding in late February through early April, helped by billions of dollars in a new…
Powell defends Fed’s consideration of climate change risks
WASHINGTON — Federal Reserve Chair Jerome Powell today defended the Fed’s increasing scrutiny of the threat that climate change could pose to the health of…
To retain workers, Walmart moves more of them full time
NEW YORK — Walmart is moving more of its workers full time, with the goal of having two-thirds of its U.S. store hourly jobs be…
JPMorgan 1Q profit up sharply, helped by improving economy
NEW YORK — JPMorgan Chase saw its first-quarter profit jump nearly five fold from a year earlier, as the improving economy allowed the bank to…
Wells Fargo profit jumps to $4.74 billion in first quarter
Wells Fargo & Co. says first-quarter net income jumped to $4.74 billion from $653 million a year earlier, when the pandemic struck the global economy….
Bed Bath & Beyond: Fiscal Q4 earnings snapshot
UNION, N.J. — Bed Bath & Beyond Inc. today reported fiscal fourth-quarter net income of $9.1 million, after reporting a loss in the same period…
Profits at Goldman Sachs surge in 1Q, helped by trading
NEW YORK — Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its…