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Bank of America tops estimates on better-than-expected net interest income, equities trading
Bank of America tops estimates on better-than-expected net interest income, equities trading

Bank of America, the second-largest U.S. bank by assets, has been a beneficiary of the industry's recent tail winds.

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Jan 14, 2026
Russia watches as ally Iran edges closer to collapse. Here's why it matters for Moscow
Russia watches as ally Iran edges closer to collapse. Here's why it matters for Moscow

The prospect of another ally falling in the Middle East will be a worrying one for Moscow, particularly after it has seen other alliances collapse recently.

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Jan 14, 2026
Citigroup tops estimates on stronger net interest income, smaller loan loss provision
Citigroup tops estimates on stronger net interest income, smaller loan loss provision

Under CEO Jane Fraser, Citigroup is in the midst of a restructuring, selling off parts of its overseas operations.

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Jan 14, 2026
Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection
Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection

Saks Global, which also owns Neiman Marcus and Bergdorf Goodman, filed for bankruptcy protection after running out of cash.

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Jan 14, 2026
Airbnb poaches former Meta GenAI leader to be new technology chief
Airbnb poaches former Meta GenAI leader to be new technology chief

The new appointment comes amid Airbnb's massive app redesign, which added catering and personal training.

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Jan 14, 2026
Wholesale inflation was softer than expected, retail sales moved higher in November
Wholesale inflation was softer than expected, retail sales moved higher in November

Wholesale prices moved up less than expected while consumers kept up a heavy buying pace, according to economic data Wednesday.

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Jan 14, 2026
Latest IRS budget cuts may be lower than expected, but still could impact taxpayers, experts say
Latest IRS budget cuts may be lower than expected, but still could impact taxpayers, experts say

House lawmakers this week could vote to approve a smaller IRS budget. Here's what that may mean for taxpayers.

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Jan 14, 2026
Trump's war on the Fed threatens global financial stability, European central bankers warn
Trump's war on the Fed threatens global financial stability, European central bankers warn

European central bankers said an "obedient" Fed under White House control would be "extremely grave" for global financial stability.

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Jan 14, 2026
Trump says anything less than U.S. control of Greenland is ‘unacceptable’ ahead of crunch talks
Trump says anything less than U.S. control of Greenland is ‘unacceptable’ ahead of crunch talks

The high-stakes meeting comes shortly after Greenland and Denmark's leaders portrayed a united front against Trump's takeover threats.

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Jan 14, 2026
Congressional stock trading ban bill to get its first vote Wednesday
Congressional stock trading ban bill to get its first vote Wednesday

The bill is set for a glide path to the House floor, but could face a struggle.

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Jan 14, 2026
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