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Israel and Hamas Reach Ceasefire Deal After 15 Months of Deadly Conflict
Israel and Hamas agreed to a ceasefire deal, bringing at least a temporary halt to the war in Gaza that has killed tens of thousands of people in the last 15 months and touched off broader turmoil
JPMorgan posts record annual profits as major US banks thrive in the final quarter of2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for
JPMorgan Chase and Goldman Sachs Post Surging Profits
Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs.
JPMorgan notches another record year of profits
JPMorgan Chase (JPM) churned out more profits than it ever has before as it earned $14 billion in the final quarter of 2024. Its full-year profits rose to $58 billion, an all-time record for JPMorgan
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing. On a "core"
Hold onto your current job if you want to keep working remotely
Americans who want to keep their work-from-home arrangements may need to cling to their current jobs. Corporate giants like Amazon, AT&T, and JPMorgan have notified employees they must return to the
Stock market today: Global stocks mixed ahead of US inflation data
World stocks were mixed on Wednesday following Wall Street’s mostly positive performance before key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal
XRP Price Hit Record High. Watch This SEC Vs. Ripple Development Today.
XRP price soared double digits to reach an all-time high early Wednesday. The price of the popular altcoin, used to facilitate and settle transactions on the Ripple payment platform, is up 6.7% over
Trump’s Pick for Energy Secretary Vows to ‘Unleash’ US Expansion
Donald Trump’s choice for Energy secretary said the US must remove bureaucratic barriers and “unleash” production of nuclear power as well as liquified natural gas, according to written testimony
Stock market today: Dow soars 634 points and yields fall after cool CPI and strong bank earnings
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Cryptocurrency is a non-thing
Last November, for the first time, the FDIC reported the results of a new question it added to the survey: Do you use a cryptocurrency like bitcoin instead of a bank? From the start, the dream for
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