Market News
Citigroup Profit Jumps 48% After Releasing Rainy-Day Funds
Wall Street Journal - 14 Oct 2021 14:45
The bank, which reported a third-quarter profit of $4.64 billion, freed up $1.16 billion it had set aside for bad loans early in the pandemic. The quarterly result beat analyst expectations.
As Inflation Rises, Beware of the Money Illusion. It May Cost You a Lot.
Wall Street Journal - 14 Oct 2021 16:00
People often focus on the actual amount of money they earn or spend, rather than its purchasing power.
Earnings Preview: What To Expect From Goldman Sachs On Friday
Forbes - 14 Oct 2021 15:24This Stock Is Likely A Better Bet Over Corning
Forbes - 14 Oct 2021 15:00Morgan Stanley beats estimates on record investment banking and asset management results
CNBC - 14 Oct 2021 14:58
Morgan Stanley is well positioned for the moment.
Metals Prices Surge After Gas Crunch Crimps Output
Wall Street Journal - 14 Oct 2021 14:53
Prices reached multiyear highs after smelters, facing soaring energy bills and pressure to cut their carbon emissions, curtailed production.
Peloton Stock Fell 22% Last Month, What Is Next?
Forbes - 14 Oct 2021 14:30Bank of America Quarterly Profit Rises 58%
Wall Street Journal - 14 Oct 2021 13:01
The bank earned $7.69 billion for the third quarter, topping analysts expectations.
Bitcoin Rally Reaches Its Risky Level For October
Forbes - 14 Oct 2021 23:23What Bank Earnings Tell Us About the Economy
Wall Street Journal - 14 Oct 2021 21:15
On Wall Street, M&A is on fire, but on Main Street, loan growth is muted. Here's what bank earnings reveal about the bigger picture.
Compare your bank FD rates
livemint.com - 14 Oct 2021 20:57
Here is a list of banks that offer the highest FD rates for deposits up to Rs1 crore over various tenures
Jana Partners Takes Stake in Macy's, Urges E-Commerce Spinoff
Wall Street Journal - 14 Oct 2021 20:50
The activist investors said that a stand-alone e-commerce business would be worth a multiple of Macy's current market value, which stood at about $7 billion Thursday after a recent rally.
Coinbase Pitches Blueprint for Special Crypto Regulator
Wall Street Journal - 14 Oct 2021 20:39
Trading platform Coinbase, which has feuded with U.S. regulators in recent months, plans to publicly release a document with proposals for crypto regulation.
Consider buying an additional term plan to increase coverage
livemint.com - 14 Oct 2021 20:34
Term plans are long-term contracts, where premium and coverage is fixed for the duration of the policy
Cheap home loans aren't for everyone. Do you make the cut?
livemint.com - 14 Oct 2021 20:33
Before determining final rate of interest, lenders assess the borrowers' repayment capacity
The U.S. Economy May Be Facing Another Recession, New Research Suggests
Forbes - 14 Oct 2021 20:30Signa Sports Attracts Investment From Saudi Arabia's Public Investment Fund
Wall Street Journal - 14 Oct 2021 20:10
The online sports equipment retailer has also brought in money from SoftBank and Mubadala in preparation for a U.S. listing through a Ron Burkle-led SPAC.
Bank of America Stands Out From the Pack
Wall Street Journal - 14 Oct 2021 19:46
Strong interest revenue growth set against steady costs gave the bank a big boost this quarter.