Finance
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
Key Points American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped 8% year over year in the fourth quarter after slowing down from a 7% growth rate early in the year to 6% in the second and third […]
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Stocks making the biggest moves midday: Texas Instruments, Grindr, Twilio and more
Check out the companies making headlines in midday trading. Verizon Communications — The telecom giant saw shares climbing 1.3% after the firm posted its strongest quarterly wireless subscriber growth in five years, boosted by solid demand for its customizable offerings like myPlan. Verizon reported earnings of $1.1 per share last quarter, matching an average estimate […]
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Here’s what CEOs are saying about DEI at Davos
Davos WEF Here’s what CEOs are saying about DEI at Davos Published Fri, Jan 24 20258:40 AM ESTUpdated 15 Min Ago Brandon Gomez@in/brandon-gomez/@bgomezreports WATCH LIVE Source
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Stocks making the biggest moves premarket: Twilio, Boeing, Novo Nordisk, CSX and more
Check out the companies making headlines before the stock market opens. Boeing — The airplane maker slipped slipped 1.3% after preliminary fourth-quarter financial results reflected ongoing struggles. Boeing said it expects to report a loss of $5.46 per share for the fourth quarter on revenue of $15.2 billion, less than analysts’ expectations, according to LSEG […]
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Monte dei Paschi shares fall 6% after lender launches surprise 13-billion-euro bid for Mediobanca
Key Points Offering 23 of its shares for 10 of its acquisition target, Monte dei Paschi values Mediobanca’s stock at roughly €15.992 each, a 5% premium to the close price of Jan. 23. Monte dei Paschi, the world’s oldest bank, required a state rescue in 2017 after years of crippling losses, but has turned the […]
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‘World’s first downside protected bitcoin ETF’: Calamos unveils a safer way to play crypto
ETF Edge ‘World’s first downside protected bitcoin ETF’: Calamos unveils a safer way to play crypto Published Thu, Jan 23 20256:45 PM EST Krysta Escobar WATCH LIVE Source
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Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance
Converge Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance Published Thu, Jan 23 20256:16 PM EST Lucy Handley@in/lucy-handley-b2b0a61a/@lucyhandley WATCH LIVE Source
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Stocks making the biggest moves after hours: Boeing, Texas Instruments, CSX, Intuitive Surgical and more
Check out the companies making headlines after the bell : Boeing — The airplane maker saw shares dropping nearly 2% in after-hours trading after the company released preliminary fourth-quarter financial results. The company said it expects to post a loss of $5.46 per share for the fourth quarter as the results were affected by a […]
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Return-to-office policies are ‘creeping up,’ researcher says. Many workers would rather quit
Key Points About half of workers say they’d rather quit than return to the office full-time, according to a Pew Research Center poll. Big companies like Amazon, AT&T, Boeing, Dell Technologies, JPMorgan Chase, UPS and The Washington Post have initiated return-to-office mandates for at least some employees. Workers value hybrid work similarly to an 8% […]
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Trump just took a shot at Bank of America. Here’s what he’s talking about
Key Points President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives. Both banks deny the accusations, which Trump and others in his orbit have repeated in recent months. The accusations may have roots in allegations from state attorneys general last year. Source
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