News

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Target says its holiday sales were better than expected — but its profits weren't

Target says its holiday sales were better than expected...

The big-box retailer's report indicates that deals and promotional events motivated...

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Morgan Stanley tops estimates on strong equities and fixed income trading revenue

Morgan Stanley tops estimates on strong equities and fixed...

While bank stocks have been supported by enthusiasm for rising deal activity, it...

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Bank of America tops estimates on better-than-expected investment banking, interest income

Bank of America tops estimates on better-than-expected...

The company said fourth-quarter profit more than doubled to $6.67 billion, or 82...

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Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts

Bank of Korea leaves rates unchanged in a surprise move,...

Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%

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TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

TSMC net profit hits record high as fourth-quarter results...

TSMC, the world's largest contract chip manufacturer, produces advanced processors...

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Pete Hegseth hearing: Defense pick grilled on sex, alcohol, management allegations

Pete Hegseth hearing: Defense pick grilled on sex, alcohol,...

President-elect Donald Trump has stood behind Pete Hegseth, his controversial nominee...

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Trump says he'll create 'External Revenue Service' to collect tariffs, foreign revenue

Trump says he'll create 'External Revenue Service' to collect...

President-elect Donald Trump has reportedly contemplated declaring a national economic...

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JPMorgan Chase posts record profit as the bank’s massive scale pays off

JPMorgan Chase posts record profit as the bank’s massive...

The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest...

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Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

Citigroup swings to fourth-quarter profit, tops estimates...

The fourth-quarter report comes after a year where Citi's stock rose almost 37%,...

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Wells Fargo shares jump after earnings beat, strong 2025 guidance

Wells Fargo shares jump after earnings beat, strong 2025...

The lender expects 2025 net interest income, a key measure of what a bank makes...