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The Latest Breaking News from Citi

We ranked the best airline rewards cards available in 2024

These cards offer competitive rewards, big welcome bonuses, and loads of extra perks.

Fortune

This rewards card from Upgrade pays you 2.2% back on all purchases

Earn cash back on purchases and pay off your balance in fixed installments over time.

Fortune

Citigroup discriminated against Armenian Americans, federal regulator says; bank fined $25.9 million

Citigroup intentionally discriminated against Armenian Americans when they applied for credit cards, the Consumer Financial Protection Bureau said Wednesday

The Independent UK

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read the most diverse news in one place.

TD Double Up Credit Card: a straightforward 2% cash-back card available to residents of select states

If you’re looking for a $0 annual fee card, try the TD Double Up Card, a 2% cash-back card—you’ll just need to be an East Coast resident to sign up.

Fortune

Fifth Third 1% Cash/Back Card: The absolute best 0% intro APR offered by a rewards credit card

The ability to avoid interest for a whopping 21 months on both purchases and balance transfers is extremely rare—and virtually unheard of for a rewards credit card.

Fortune

Citigroup boss Jane Fraser’s ‘Project Bora Bora’ could reportedly see 10% of staff laid off at the Wall Street giant

The banking titan could lay off thousands of staffers.

Fortune

Citi's latest move to go paperless could wreak havoc on certain customers

Citibank is pushing customers to make a switch that they may not be too happy about.

The Street

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Cardinal Health, Cencora Break Out With Assist From GLP-1 Demand

Cardinal Health and Cencora both broke out after topping earnings estimates as both drug-distributors got a boost from GLP-1 weight-loss drugs.

Investors Business Daily

Banks pumped more than $150bn in to companies running ‘carbon bomb’ projects in 2022

Projects that risk 1.5C heating target operated by companies receiving financing from European, Chinese and US banks

The Guardian - UK

Wall Street is obsessed with AI. From the 'new electricity' to the next gold rush, here's how top analysts see the tech revolution playing out

Fortune analyzed hundreds of pages of AI reports from investment banks, hedge funds, and research firms. They say it will change everything—eventually.

Fortune

How Citi threaded the Israel-Gaza needle

Unpacking the CEO's approach.

Fortune

Citibank fires banker for Instagram message saying ‘no wonder Hitler wanted to get rid’ of Jewish people

Finance specialist wrote the post in response to a deadly explosion at a hospital in the embattled Gaza Strip

The Independent UK

UK economy in ‘horrible bind’ as recession looms with no room for tax cuts, say experts

Britain in for ‘protracted period of high taxes and tight spending’, says Institute for Fiscal Studies

The Independent UK

UK economy in ‘horrible’ bind with no room for tax cuts as recession looms – IFS

Britain is heading towards a recession next year as borrowing costs stay elevated, the IFS warned in its latest Green Budget.

The Independent UK

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news in one place.

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Fortune

Citibank wins lawsuit against former analyst who was dismissed for buying his partner meals then charging it to the company

Szabolcs Fekete claimed he had eaten two portions of pasta in one sitting, but the Citibank analyst later admitted his partner had been on the work trip with him.

Barchart

What to Do As Big Bank Profits Translate Into Unusual Options Activity

Wells Fargo, JPMorgan Chase, and Citigroup all reported good earnings Friday before the open. All of their prices are up more than 3% in midday trading. Today’s strong results are providing unusual options activity in the banking sector. Here’s how to play it.

Fortune

JPMorgan Chase CEO Jamie Dimon warns the Israel-Hamas conflict ‘may have far-reaching impacts’ on the economy. ‘This may be the most dangerous time the world has seen in decades’

“Last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships,” Dimon warned.

Investors Business Daily

Stock Market Rallies, Hits Resistance; Novo Nordisk, JPMorgan, Exxon In Focus: Weekly Review

The major indexes rallied for the week, but hit resistance at key levels amid weak stock market breadth. Novo Nordisk, JPMorgan, Exxon were in focus.

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Fortune

The inflation report just wasn’t very dramatic. Cue a range of wildly varying takes on Wall Street

BofA and Citi warn the latest inflation report is a worrying sign for the Fed, but BlackRock’s Rick Rieder and veteran strategist Ed Yardeni are more optimistic.

Investors Business Daily

JPM Stock: JPMorgan, Wells Fargo Climb After Kicking Off Bank Earnings With Big Beats

JPM stock is basing as JPMorgan Chase, Wells Fargo, Citi beat earnings and revenue expectations early Friday.

Investors Business Daily

Vertiv Clears Trendline Entry, Eyes Flat Base Buy Point In 188% Year-To-Date Rally

Thermal management solutions giant Vertiv is the IBD Stock Of The Day Monday. Shares cleared an early entry for a flat base.

Barchart

Nasdaq Futures Slip as Bond Yields Rebound, U.S. Jobs Report Looms

December Nasdaq 100 E-Mini futures (NQZ23) are trending down -0.10% this morning after three major U.S. benchmark indices closed higher on Wednesday as the latest batch of U.S. economic data prompted investors to scale back forecasts for Federal Reserve tightening this year, with the focus now turning to Friday’s U.S.…

Barchart

Nasdaq Futures Climb as Bond Yields Retreat, U.S. Jobs Report Looms

December Nasdaq 100 E-Mini futures (NQZ23) are trending up +0.14% this morning after three major U.S. benchmark indices closed higher on Wednesday as the latest batch of U.S. economic data prompted investors to scale back forecasts for Federal Reserve tightening this year, with the focus now turning to Friday’s U.S.…

Barchart

Stocks Set to Open Lower as Rate Worries Linger, U.S. Jobs Report Looms

December S&P 500 futures (ESZ23) are down -0.17%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.05% this morning after three major U.S. benchmark indices closed higher on Wednesday as the latest batch of U.S. economic data prompted investors to scale back forecasts for Federal Reserve tightening this year,…

Barchart

Stocks Set to Open Lower as Bond Yields Rebound, U.S. Jobs Report Looms

December S&P 500 futures (ESZ23) are down -0.39%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.37% this morning after three major U.S. benchmark indices closed higher on Wednesday as the latest batch of U.S. economic data prompted investors to scale back forecasts for Federal Reserve tightening this year,…

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