L.A. wildfire victims face financial anxiety amid recovery: ‘The uncertainty is very unsettling’

Key Points

The Los Angeles wildfires that started on Jan. 7 are likely to be the costliest in U.S. history.
Residents impacted by the Palisades Fire and the Eaton Fire now face ample financial questions and worries, tied to issues like homeowners insurance and relocation.
It will take time to sort out many of their concerns.

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Finance

Jamie Dimon says auto company bankruptcies reveal ‘early signs’ of excess in corporate lending

October 14, 2025

Key Points JPMorgan Chase CEO Jamie Dimon said Tuesday that bankruptcies in the U.S. auto market are a sign that lending standards grew too lax in the past decade-plus. Dimon, the longtime leader of the largest U.S. bank by assets, was speaking about the recent collapse of auto parts firm First Brands and subprime car […]

Finance

Citi reports a rise in earnings with every business posting record third-quarter revenue

October 14, 2025

In this article C Follow your favorite stocksCREATE FREE ACCOUNT Citi is seen on the floor of the New York Stock Exchange on March 3, 2025. NYSE Citigroup posted higher third-quarter earnings on Tuesday before the bell, with every division generating record revenue. Here’s what the bank reported compared with what Wall Street was expecting, […]

Finance

Stocks making the biggest moves premarket: JPMorgan Chase, Goldman Sachs, General Motors, Energy Fuels and more

October 14, 2025

Check out the companies making headlines before the stock market’s opening bell: JPMorgan Chase — Shares ticked higher by 0.2% after JPMorgan Chase results topped analyst estimates ; trading revenue hit a record of nearly $9 billion. Goldman Sachs — The investment bank fell 0.3% after Goldman exceeded Wall Street estimates on better-than-expected investment banking […]