US President Donald Trump boards Air Force One before departing Palm Beach International Airport in West Palm Beach, Florida, on March 1, 2026, on his way back to Washington, DC. Mandel Ngan | Afp | Getty Images President Donald Trump has thrown his support behind crypto firms in their high-stakes battle with U.S. banks over…
Iraqi Shiites shout slogans as they carry a portrait of Iran’s Supreme Leader Ayatollah Ali Khamenei and wave Iran flags during a protest against US and Israeli attacks on Iran at a bridge leading to Green Zone where the US embassy is located, in Baghdad on February 28, 2026. Several hundred people protested against the…
President Donald Trump (L), and JP Morgan CEO, Jamie Dimon. Reuters JPMorgan Chase CEO Jamie Dimon said Monday that while President Donald Trump’s lawsuit seeking $5 billion in damages for shuttering his accounts was without merit, he sympathized with the president’s anger over the episode. Trump is accusing JPMorgan and others of closing his accounts…
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 2, 2026, in New York City. Charly Triballeau | Afp | Getty Images The S&P 500 briefly turned positive on Monday, rebounding from sharp declines earlier in the day, as investors bought the dip following U.S. and…
Leon Black, then-CEO of Apollo Global Management, at the Milken Institute Global Conference in Beverly Hills, California, May 1, 2018. Patrick T. Fallon | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future…
Traders work on the floor of the New York Stock Exchange during morning trading on January 14, 2026 in New York City. Michael M. Santiago | Getty Images The Dow Jones Industrial Average climbed 400 points Thursday, rebounding from back-to-back losses as chip and banks stocks rallied. The 30-stock index added 401 points, or 0.8%,…
The biggest U.S. banks show no sign of capitulating to President Donald Trump’s mandate to slash credit card interest rates, setting up a confrontation just as the president is expected to take the world stage next week at Davos. Executives at JPMorgan Chase and Citigroup warned this week that rather than offering cards at a…
Traders work on the floor of the New York Stock Exchange during morning trading on January 14, 2026 in New York City. Michael M. Santiago | Getty Images Stocks fell on Wednesday for a second session, pulling back further from record levels, as traders digested a fresh batch of earnings and monitored geopolitical developments. The…
Citigroup on Wednesday posted fourth-quarter results that topped expectations as the lender reaped more interest income and set aside less money for troubled loans than analysts had expected. Here’s what the company reported: Adjusted earnings: $1.81 per share vs. $1.67 expected, according to LSEG Adjusted revenue: $21.0 billion vs. $20.72 billion expected Citigroup said net…
Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and equities trading. Here’s what the company reported: Earnings: 98 cents per share vs. 96 cents expected, according to LSEG Revenue: $28.53 billion vs. $27.94 billion expected The company said profit rose 12% from a year earlier…