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  • A trader works on the floor of the NYSE in New York

    U.S. stocks looked set to open slightly higher on Wednesday as investors assessed bank earnings and economic data, while awaiting Federal Reserve Chair Janet Yellen's speech. Shares of Goldman Sachs were ...

  • Citigroup's quarterly profit gets boost from trading Reuters - 2 minutes 13 seconds ago
    The Citibank logo is pictured at its Nicaragua headquarters in Managua

    "We had a strong finish to 2016, bringing momentum into this year," Chief Executive Michael Corbat said in a statement. Citi's net income rose to $3.57 billion, or $1.14 per share, in the quarter ended Dec. 31, from $3.34 billion, or $1.02 per share, a year earlier, topping the average analyst estimate of $1.12 per share, …

  • A customer pushes a shopping cart at a Walmart store in Chicago

    U.S. consumer prices rose in December as households paid more for gasoline and rental accommodation, leading to the largest year-on-year increase in 2-1/2 years and signaling that inflation pressures could be building. The Labor Department said on Wednesday its Consumer Price Index rose 0.3 percent last month after gaining …

  • U.S. Bancorp beats Street 4Q forecasts Associated Press - 2 minutes 32 seconds ago

    U.S. Bancorp (USB) on Wednesday reported fourth-quarter profit of $1.48 billion. The Minneapolis-based bank said it had earnings of 82 cents per share. The results surpassed Wall Street expectations. The ...

  • The Dow just might fall for a fourth straight session, as chatter about a Trump rally is repealed and replaced with talk about Trump volatility. But selling the inauguration looks popular. Our call says ...

  • A newly constructed Target store is shown in San Diego, California

    Chief Executive Officer Brian Cornell on Wednesday cited disappointing store traffic and sales trends throughout November and December. "The costs associated with the accelerated mix shift between our stores and digital channels and a highly promotional competitive environment had a negative impact on our fourth-quarter …

  • Retail Clinic Use Soars But Not For Obamacare Patients @ Forbes - 3 minutes 34 seconds ago

    Americans with commercial coverage are flocking to retail clinics like those run by CVS Health and Walgreens at double the rate they were five years ago with usage among Obamacare patients lagging slightly behind, the Blue Cross and Blue Shield Association.

  • PC Gaming Gets A Big Boost At CES 2017 @ Forbes - 3 minutes 34 seconds ago

    PC gaming has been seeing a bit of a renaissance in 2016 and by the looks of CES 2017, things look to continue down that path in 2017.

  • A view of the Goldman Sachs stall on the floor of the New York Stock Exchange

    The fifth largest U.S. bank by assets, which relies more on revenue from trading stocks and bonds than other Wall Street companies, posted a 25 percent jump in trading in the fourth quarter compared with the prior year. Goldman reported revenue from trading fixed income, currency and commodities soared 78 percent to over …

  • Netflix has jumped up to the number five spot on the list of most intimate brands compiled by brand agency MBLM.

  • Higher gasoline, rental costs boost U.S. consumer inflation Reuters - UK Focus - 4 minutes 49 seconds ago

    U.S. consumer prices rose in December as households paid more for gasoline and rental accommodation, leading to the largest year-on-year increase in 2-1/2 years and signaling that inflation pressures could be building. The Labor Department said on Wednesday its Consumer Price Index rose 0.3 percent last month after gaining …

  • Obama leaves Trump with need for a hard line on China and chips @ MarketWatch - 4 minutes 58 seconds ago

    In a time when global trade, the U.S. relationship with China and technology are fiery hot-button issues, one important debate that touches on all three deserves more attention. Now, a late-term presidential examination of Chinese attempts to quickly hoard semiconductor technology suggests a line needs to be drawn, and …

  • [$$] Citigroup Reports Higher Earnings, Lower Revenue @ The Wall Street Journal - 6 minutes ago

    Citigroup’s fourth-quarter profit rose as its trading desk benefited from the uncertainty caused by Donald Trump’s election in November.

  • People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York

    The United States on Wednesday sued JPMorgan Chase & Co, accusing the bank of discriminating against minority borrowers by charging them higher rates and fees on home mortgage loans between 2006 and at least 2009. Filed in a Manhattan federal court, the government's complaint accused the bank of violating the U.S. Fair …

  • Schwab meets 4Q profit forecasts Associated Press - 9 minutes ago

    The San Francisco-based company said it had earnings of 36 cents per share. The results met Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was also ...

  • US consumer prices up moderate 0.3 percent in December

    U.S. consumer prices, driven up by rising energy costs, rose moderately in December, closing out a year in which consumer inflation rose at the fastest pace in five years. The Labor Department reported ...

  • President-elect Donald Trump once again took to Twitter early on Wednesday morning to decry a...

  • Fintech and other forms of digital payment are less wasteful and cheaper than cash, PayPal CEO Dan Schulman says.

  • Consumers aren’t paying higher prices for most goods and services, but a rise in gas, rent and medical care has raised overall inflation.

  • A passenger plane of Cathay Pacific Airways parks at the airport in Colomiers near Toulouse

    Hong Kong's flag carrier Cathay Pacific Airways will cut jobs and consider shifting some flights to its short-haul arm after completing the biggest review of its business in two decades, it said on Wednesday. Cathay had said it would review of its business after it scrapped its second-half profit forecast in October.

  • Army plans Dakota Access oil pipeline environmental study

    The Army says it's planning to study the potential environmental impact of routing the $3.8 billion Dakota Access pipeline under the Missouri River in North Dakota, although a judge could stall the study. ...

  • Financials Sector: Biggest 1-Day Fall since June 27 @ Market Realist - 16 minutes ago

    The S&P 500 Financials sector started the week on a weaker note. It fell 2.3% on January 17—the biggest one-day loss for the sector since June 27, 2016.

  • Commodities Are Weaker Early amid US Dollar Rebound @ Market Realist - 16 minutes ago

    Apart from the rebound in the US dollar, speculation about the Chinese economy's strength is weighing on copper prices.

  • After closing last week almost unchanged, the health care sector started the week on a weaker note. On Tuesday, the S&P 500 Health Care sector fell 0.45%.

  • Why Did Asian Markets Rise on January 18? @ Market Realist - 16 minutes ago

    On January 18, the Shanghai Composite Index closed the day at 3,112.49—a gain of 0.12%. GXC closed at 75.82—a fall of 0.26% on January 17.

  • [$$] Goldman Sachs Results Surge on Trading Bounce @ The Wall Street Journal - 16 minutes ago

    Goldman Sachs easily beat analyst expectations, turning in a fourth quarter that was among the strongest on Wall Street.

  • The "Fast Money" traders share their first moves for the market open.

  • Stock Futures Defend Narrow Gains; Target, Wal-Mart Weigh On Early Trade

    Stock futures held narrow gains in premarket trade Wednesday, as earnings reports and a rebounding dollar framed the market's early tone.

  • East to West @ BBC News - 19 minutes ago
    East to West

    The Yiwu-to-Barking express is the newest way to send your freight from China to Europe.

  • Chinese start-ups in deep technology, including augmented and virtual reality, and artificial intelligence, will attract the most interest from venture capitalists, the founder of a Chinese venture capital firm said. Ron Cao, founder of Sky9 Capital, answered questions in the Reuters Global Markets Forum in Davos. Q: …

  • Chinese start-ups in deep technology, including augmented and virtual reality, and artificial intelligence, will attract the most interest from venture capitalists, the founder of a Chinese venture capital firm said. Ron Cao, founder of Sky9 Capital, answered questions in the Reuters Global Markets Forum in Davos. Q: …

  • Roland Head asks whether two contrasting mining stocks still offer value after a year of big gains.

  • The highest price in the Dow in past month is 1.4 percent higher than the one-month low. That is the narrowest gap between high and low in a lifetime.

  • Consumer Inflation Hits Highest Since June 2014 @ Investor's Business Daily - 21 minutes ago
    Consumer Inflation Hits Highest Since June 2014

    December consumer prices rose 0.3% vs. November and 2.1% vs. a year earlier, the most since June 2014, the Labor Department said Wednesday, Core prices, which exclude food and energy rose 0.2%. Economists had expected a 0.3% CPI rise with a 0.2% core CPI gain. It was the fifth straight monthly rise in overall consumer prices, …

  • U.S. TIPS breakeven rates rise after CPI data Reuters - UK Focus - 21 minutes ago

    The U.S. bond market's gauges on inflation expectations climbed to session highs on Wednesday as domestic consumer price growth in December matched analyst expectations, reinforcing the view that inflation ...

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