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Jane Fraser, chief executive officer for Latin American at Citigroup Inc., 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 on Friday posted fourth-quarter results that beat analysts’ estimates for profit as the firm joined rival JPMorgan Chase in
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Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $2.62 per share, 2.1% higher than a
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A Delta Air Lines plane lands at Los Angeles International Airport Mario Tama | Getty Images Delta Air Lines halved its cash burn in the fourth quarter and expects to be profitable this summer, an upbeat forecast after the coronavirus pandemic drove the airline to its worst year ever. Delta posted a net loss of
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A man enters a building with rental apartments available on August 19, 2020 in New York City. Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images Manhattan apartment rentals nearly doubled in December, signaling a possible turnaround in the city’s struggling real estate market. The number of new leases signed in December jumped
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Alistair Berg | DigitalVision | Getty Images Many jobless workers are about to find out they could owe federal and state taxes on their 2020 unemployment income. The news might be particularly unexpected for independent contractors and self-employed people who normally aren’t eligible for state benefits, but may have received Pandemic Unemployment Assistance through the
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Dwayne “The Rock” Johnson is one of the most successful entertainers in the world. In 2020, for the second year in a row, Johnson, 48, was the highest-paid actor in the world, according to Forbes. (In 2019, he earned $89.4 million, and $87.5 million last year.) He has also become a savvy businessman as the co-founder of Seven Bucks Productions,
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After bitcoin hit a record high of over $41,000 on Friday, it faced a sell-off on Monday – in turn, the value of the entire cryptocurrency market declined by as much as $200 billion. Those cautious about bitcoin warn that bitcoin is a market bubble and are concerned that the cryptocurrency’s recent rally is reminiscent of retail investor
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Usually, it’s older travelers who go south for the winter months. But in the age of the pandemic, younger travelers are riding out the cold weather in locations that are warmer and trendier than home. A new type of ‘snowbird’ “Snowbirds” is the term used to describe seasonal travelers who migrate to warmer climates for
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Make an estimated tax payment If you’re like nearly half of Americans, you can’t remember the last time you updated your withholding, which tells your employer how much federal income tax to take out of your check. “Inaccurate withholding can lead to an unpleasant surprise come Tax Day,” says Gregory Anton, chairman of the AICPA’s
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“As awful as this pandemic is, climate change could be worse.” So says billionaire philanthropist Bill Gates in a recent blog post. “A global crisis has shocked the world. It is causing a tragic number of deaths, making people afraid to leave home, and leading to economic hardship not seen in many generations. Its effects
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Walgreens Boots Alliance reported fiscal first-quarter earnings Thursday that exceeded Wall Street’s expectations, helped by stronger-than-expected pharmacy sales. Walgreens shares were up more than 5% Thursday afternoon. Here’s what Walgreens reported compared with what analysts were expecting for the first quarter ended Nov. 30, based on Refinitiv data: Earnings per share: $1.22 cents, adjusted vs. $1.03
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