Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services interruptions, hundreds of Citibank users had flagged…
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history. Here’s what the company reported:…
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The Financial Sector’s Bullish Comeback: Is It Time to Start Looking at Bank Stocks?
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One effective way to spot potential market opportunities on a sector level is to regularly monitor Bullish Percent Index (BPI) readings for each sector. Sector-focused BPIs tell you the percentage…
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Disney wins the 2024 box office as year-end receipts offer a welcome boost
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Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales were down just 3.4% from 2023, reaching $8.74 billion, a…
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There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon
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The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in the business world, according to Goldman Sachs CEO David Solomon.…
In this exclusive StockCharts video, Joe demonstrates how to use the 1-2-3 reversal pattern as a buy signal on the weekly chart. This approach can be used when the monthly…
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Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.
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Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about the decision to “move out low performers faster”…
Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down last year after a deadly outbreak of listeria poisoning, federal records show. Newly…
The December Producer Price Index (PPI) came in cooler than expected, as equities rose in early trading, sold off, and then rebounded. The Dow Jones Industrial Average ($INDU), S&P 500…
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Southwest Airlines pauses corporate hiring, most summer internships to cut costs
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Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events that date back to the 1980s in order to cut…