New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since July. On a “core” basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November’s 0.3% […]

If you’re a federal employee, the recent announcement of an average 2% pay raise for 2025 may not seem like winning the lottery. But it’s worth investing those funds in a way that will do you the most good. That’s especially true now when many eyes will be on government workers. Here are some moves

US stock futures popped on Wednesday as high hopes for bank earnings paid off, and a crucial consumer inflation update showed prices increased less than expected in December. Dow Jones Industrial Average futures (YM=F) climbed roughly 1.5%, while S&P 500 futures (ES=F) pushed more than 1.5% higher. Contracts on the tech-heavy Nasdaq 100 (NQ=F) added

Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup reported its fourth-quarter earnings Wednesday morning ahead of Wall Street’s opening bell, beating estimates on the top and bottom lines and showing broad strength across the bank. Shares

By Manya Saini, Noor Zainab Hussain and Saeed Azhar (Reuters) -Goldman Sachs (GS) posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell. Profit rose to $4.11 billion, or $11.95 per

Although artificial intelligence (AI) has been a popular investing theme over the past two years, there is still plenty of room for more growth in 2025. The tech world is just getting started with some of the most important parts of AI implementation, which means that many companies with significant AI exposure are far from

Lemon8, a photo-sharing app by Bytedance, and RedNote, a Shanghai-based content-sharing platform, have seen a surge in popularity in the U.S. as “TikTok refugees” migrate to alternative platforms ahead of a potential ban.  Now a law that could see TikTok shut down in the U.S. threatens to ensnare these Chinese social media apps, and others

The SFO Delta Sky Club holds its own among top-tier airport lounges. It offers impressive runway views via floor-to-ceiling windows, and luxury amenities like shower rooms with fancy soap products. But compared to its two closest siblings — its counterpart down south at the Delta Sky Club LAX, as well as the SFO AmEx lounge

Key Takeaways The U.S. dollar has surged in recent months, and Bank of America analysts expect it to stay strong through spring break season. The dollar is well-positioned against the euro, British pound and Mexican peso, which means your money can go further in some popular destinations. Tourism experts recommend consulting cost-of-living calculators and other

Shell got one. So did the pipeline company Enbridge. And last summer, energy giant Drax got its biggest one to date, worth more than half a billion dollars. These weren’t just any loans to massive corporations. They were made by some of the world’s largest banks at discounted rates, in exchange for commitments by each