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JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive
Fresh off a record year for profit and revenue, JPMorgan is facing questions over what CFO Jeremy Barnum admitted was excess capital.Read More...
DoubleLine’s Gundlach says the Fed looks like Mr. Magoo, focuses too much on ‘short-termism’
"CPI month-over-month change has got the Fed zig-zagging," Gundlach said.Read More...
There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon
The Wall Street CEO discussed growing confidence among business leaders after his bank's strong fourth-quarter report.Read More...
Here’s the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.Read More...
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.Read More...
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.Read More...
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