Citi Sells Argentine Pesos to Fed as Part of Treasury’s Rescue

Citigroup Inc. sold Argentine pesos to the Federal Reserve on Thursday as part of US Treasury Secretary Scott Bessent’s ...

Global Markets Move Lower as Investors Wait for Powell’s Speech

U.S. stock futures were modestly lower across the board early in Europe following Monday’s bounce.

Sharemarket pullback ‘was overdue’ but AI boom has much further to run, says Citi analyst

When Wall Street dived 2.7 per cent on Friday after President Donald Trump threatened massive new tariffs on China, seasoned ...

Big Banks Credit ‘Resilient’ Economy for Profit Growth

JPMorgan Chase, Goldman Sachs, Citi and Wells Fargo reported strong earnings, mostly topping analyst expectations and showing ...
FOX8 Cleveland

Federal Reserve cuts key rate by quarter-point and signals two more cuts this year

WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of ...

Citigroup turns cold on UK equities, doubles down on EM optimism

Citigroup has double downgraded UK equities to "underweight" from "overweight", while upgrading Emerging Markets (EM) to "overweight" in a strategic pivot toward cyclical and AI-driven growth ...