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Citigroup Earnings Could Signal What's Next for Markets
MarketBeat· 2025-07-17 11:21
When it comes to earnings season, few sectors matter as much as the financial sector. Considering that banks, both commercial and investment banks, hold the bulk of data on consumer and business activity, it is essential for investors to monitor what is being reported and its implications for the broader United States economy, as well as the average consumer. Citigroup TodayCCitigroup$90.06 -0.66 (-0.73%) 52-Week Range$53.51▼$91.80Dividend Yield2.67%P/E Ratio13.30Price Target$96.46Add to WatchlistThis time ...
X @Bloomberg
Bloomberg· 2025-07-17 11:10
US President Donald Trump is bringing a ‘real estate guy’ logic to his criticism of Fed Chair Jerome Powell’s interest-rate settings https://t.co/Y8IZ4CYkez ...
X @The Economist
The Economist· 2025-07-17 11:05
At a time of high interest rates, there are bargains to be found https://t.co/p2n0pJQyKz ...
We're going to have the most unusual Fed transition ever, says WSJ's Nick Timiraos
CNBC Television· 2025-07-17 11:04
President Trump. Um, enough about me. Now you talk about him.Confirming he has no plans to fire Fed chair J. Pal, downplaying earlier reports that suggested otherwise. Joining us now with the latest on this story and what firing pal could mean for the markets, Nick Timosro, Wall Street Journal chief economics correspondent.Earlier, Nick, we Fed whisperer. Fed he is. He's uh he's got if you read it from him, you you probably can trust u what he's saying.But my point earlier was, have you ever heard anyone ar ...
X @Bloomberg
Bloomberg· 2025-07-17 05:02
Nordea Bank Abp income from lending fell for a fifth consecutive quarter after continued interest-rate cuts by central banks dented second-quarter earnings. https://t.co/1MvW8dWims ...
How Trump Is Using Building Renovations as a Way to Oust Fed Chair Powell | WSJ News
WSJ News· 2025-07-17 02:51
President Trump says he's not planning to fire Federal Reserve Chair Jerome Powell. I I don't rule out anything, but I think it's highly unlikely. But in recent days, the Trump administration has been ramping up its pressure on the Fed chair over a $2.5% billion renovation of the central bank's office buildings overlooking the National Mall in Washington. People are taking seriously this is a credible threat to possibly try to remove the Fed chair. He should have cut interest rates a long time ago. Donald T ...
Hassett on Trump firing Powell: 'A highly uncertain legal matter'
NBC News· 2025-07-17 02:30
Now, the president is also pointing out that Jay Powell's term is head of the Fed. It ends next May anyway, right. And when he was asked today who could replace Powell, he was asked if one person in particular is being considered.[Music] Kevin's somebody would consider Kevin is fantastic, too. Uh we have a lot of good people for that job. It's not a tough job, to be honest.All right. In a not at all awkward segue, that man is with us right now, Kevin Hasset, the director of the National Economic Council. Di ...
X @Bloomberg
Bloomberg· 2025-07-17 01:48
Australian unemployment unexpectedly climbed to a four-year high in June as hiring almost stalled, bolstering the case for the RBA to cut interest rates next month https://t.co/wi9Q20OMyF ...
Mad Money 7/16/25 | Audio Only
CNBC Television· 2025-07-17 00:26
Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer.I'll be my friends. I'm just trying to make you a little money. It's my job not just to entertain but to educate, teach it.Call me 1800743 CBC tweet me Kramer. Maybe you hate Jal. Maybe you love him. Maybe you have no idea who he is.Regardless, what you need to know is that he's in charge of the Federal Reserve. So he controls what's known as short rates. That means the short-term interest rates there are are like the ones you borrow today and pay you ...