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Citigroup’s earnings increased by 48% as a result of the reserve release.

Reuters reports that Citigroup Inc posted a 48 percent increase in third-quarter profit on Thursday, easily above market expectations, as the bank reduced loan loss reserves and earned windfall fees from stock underwriting and investment banking...

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Citigroup’s earnings increased by 48% as a result of the reserve release.

Reuters reports that Citigroup Inc posted a 48 percent increase in third-quarter profit on Thursday, easily above market expectations, as the bank reduced loan loss reserves...

Chinese 3Q growth disappointment keeps the dollar firm; Baillie speech supports pound.

MoneyStockInvestor.com With China's economy slowing faster than predicted in the third quarter, the dollar gained ground this week as investors reacted cautiously to the report. The dollar...

Tesla, the electric vehicle company founded by Elon Musk, has already made $1 billion from the cryptocurrency it holds.

As Bitcoin's price has risen in October to over $58,000 on October 14, Tesla's daring push into the market has paid off in 2021.   According to...

Immutable X will be integrated into IMVU’s NFT gaming platform.

In order to incorporate into the platform's native social metaverse IMVU, Immutable X, the scaling solution for Immutable's layer-2 NFT protocol, has signed a deal...

Australasian stocks lead after RBA minutes

On Monday, the Australian dollar dipped a little against the greenback. As of right now, the AUD/USD currency pair is trading at 0.7413, down by -0.02%...

As U.S. factory data weighs on the market, oil prices drift down from recent highs.

Reuters/New York After reaching multi-year highs on Monday, oil prices have retreated, trading in a range as September industrial production in the United States dropped, dampening...

Canada is concerned about supply chain concerns and is closely monitoring ports, according to the country’s finance minister.

The Reuters news agency reports that Finance Minister Chrystia Freeland said on Thursday that Canada is worried about the problems confronting global supply chains and is...

As demand weakens, Domino’s same-store sales in the United States fell for the first time in a decade.

Reuters reports that Domino's Pizza Inc reported a dip in same-store sales in the United States for the first time in over a decade on Thursday,...

As Port Fourchon, Louisiana, recovers from Hurricane Ida, diminishing wetlands pose a danger to the city’s long-term viability.

NEW ORLEANS, New York The Reuters news agency reports that A massive shipyard stands abandoned and in ruins on Louisiana's south coast, serving the country's offshore oil...