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The Latest Breaking News from Citi

How Fortune 500 companies are supporting employees amid financial instability

Financial wellness benefits have become popular as employers focus on retention.

Fortune

US banks are sacrificing poor communities to the climate crisis

It took decades to force banks to abandon racist redlining. We don’t have decades to avert catastrophic climate crisis

The Guardian - US

The 3 Best Large-Cap Stocks to Buy in 2023

The Fed’s commitment to tame the high inflation with interest rate hikes might trigger a recession this year. Given the macroeconomic uncertainties, fundamentally sound large-cap stocks, UnitedHealth Group (UNH), Walmart (WMT) and Cisco Systems (CSCO) might be ideal investments now. Keep reading.

StockNews.com

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2 Dividend Stocks You Can Buy for Under $200 in 2023

With sky-high inflation and the tight labor market, the Fed is anticipated to launch further rate hikes. As the market is likely to remain volatile, reliable dividend-paying stocks, Walmart (WMT) and Boyd Gaming (BYD) could be ideal buys. These stocks are trading under $200. Keep reading.

StockNews.com

I paid £70,000 to fraudsters – can Santander help?

Scammers posed as Citibank agents and convinced me to buy a high-return investment bond

The Guardian - UK

3 Dow Stocks to Go All In on This Year

As inflation climbed higher than economists’ anticipation, equities signal extreme volatility and dashing hopes of a Fed pivot. With the likelihood of a downturn in upcoming months, adding more of fundamentally sound Dow stocks Walmart (WMT), Cisco Systems (CSCO), and McDonald's (MCD) could help garner significant returns. Keep reading….

StockNews.com

UK inflation could fall below 2% this year, Citi forecasts

Falling gas prices and CPI decline could boost public finances before 2024 general election

The Guardian - UK

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Global Citizen conference to unite political leaders, celebs

Advocacy group Global Citizen will convene political, philanthropic, business and cultural leaders for a thought leadership conference in New York to tackle extreme poverty more quickly

The Independent UK

Citibank is offering up to $2,000 for new checking account customers.

But there's a catch: You'll need to deposit at least $300,000 to qualify for the bank's bonus.

Fortune

Why your company may soon be hiring an 'ESG controller'

Some major companies are hiring for the position to meet climate change disclosure requirements.

Fortune

Advice from a Swiftie on Beyoncé tix

It's going to be the hottest tour this summer, and I survived the presale for the second hottest. Here's how

Salon

How to score tickets to Beyoncé's Renaissance tour using your Citi card

For Citi cardholders, the key to getting a front row seat to Queen Bey may be easier than you think.

Fortune

Isn’t it time your checking account paid you back?

Want to earn some extra cash on a new checking account? Here are 10 accounts with cash bonuses.

Fortune

Citi is ordering its low-performing remote workers back to the office

Low performers don't get to work remotely, CEO Jane Fraser said at Davos.

Fortune

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news in one place.

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Fortune

The difference between points, miles, and cash back—plus some of the major benefits and drawbacks

Credit card rewards can help you save big, but not all rewards cards are built equally. Here’s how to choose.

Asharq Al-Awsat

LVMH Names New Louis Vuitton CEO, Puts Arnault Daughter in Charge of Dior

LVMH Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods empire, tightening his family's grip with the appointment of his daughter Delphine to lead Christian Dior, and naming a new boss for Louis Vuitton. Pietro Beccari, who has been the head of Dior since 2018, is…

Bangkok Post

Mergers shake up the landscape

Amid economic challenges and rapid changes in various sectors, the strategic approach of mergers and acquisitions (M&A) was used to help businesses stay afloat and elevate their competitiveness, in addition to partnership agreements.

Fortune

Biggest CEO successes and setbacks: 2022’s triumphs and 2023’s challenges

How the likes of Satya Nadella, Elon Musk, Mark Zuckerberg, and Cathie Wood did in 2022–and the challenges that await them in 2023.

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WEKU

New York GOP leader calls accusation of faked bio for new GOP House member 'serious'

Rep.-elect George Santos won a House seat on Long Island in November but now much of his biography and resume appear to have been invented.

Fortune

Citi CEO Jane Fraser: ‘If grandma’s investing in crypto, we better have protections in place.’

Until investor protections are established, traditional banking won't fully jump into the crypto fray.

Reuters

China to make 'substantial' COVID policy changes soon - ex-govt expert

China will make substantial changes to its "dynamic-zero" COVID-19 policy in coming months, a former Chinese disease control official told a conference hosted by Citi on Friday, according to a recording of the session heard by Reuters.

Bangkok Post

UOBT wants to double its local retail customer base

United Overseas Bank (Thai) or UOBT has set an ambitious goal to double its retail customer base in the Thai market over the next several years after an integration between UOB Group and Citigroup's consumer banking businesses.

Benzinga

Big-Name Banks Test Out Climate for Chinese U.S. Listings with Atour Application

Key Takeaways: Atour could become the biggest U.S. IPO by a Chinese firm in more than a year with its latest listing application to raise more than $300 million

Al Jazeera

OPEC+ cuts oil production by 2m barrels a day despite US pressure

US expresses disappointment in move that could spur an increase in oil prices, which had dropped in recent months.

Reuters

OPEC+ agrees deep oil production cuts, Biden calls it shortsighted

OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.

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