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The Latest Breaking News from Citi

Citi reviewing 250 jobs in London as part of global overhaul

The review is part of the next stage of the company’s reorganisation

Evening Standard

'Cracks' are starting to appear in consumer spending, warns Citigroup CEO Jane Fraser

Citigroup CEO Jane Fraser said "cracks" are beginning to appear in lower-end consumer's spending habits.

Fortune

Is Meta Stock A Buy? Facebook Parent Breaks Out On AI Buzz, Earnings Optimism

Meta stock is charging higher on the strength of new technology, like its AI glasses, and bullish analyst views about sales momentum ahead of Q3 earnings.

Investors Business Daily

From analysis to the latest developments in health,
read the most diverse news in one place.

Wall Street's most powerful woman has a brutal message for staff resisting the company's overhaul

Jane Fraser reportedly told staff if they're not on board with her plan, they need to get off her proverbial train.

Fortune

2 Undervalued Dividend Stocks with 5% Yields To Buy Near 52-Week Lows

Shares of Pfizer and Citigroup are languishing near their 52-week lows. However, both stocks offer dividend yields in excess of 5%, and investors might want to buy these two undervalued income plays at current levels.

Barchart

Stocks Set to Open Lower as Investors Await Key U.S. Inflation Data and Fed Speak

December S&P 500 futures (ESZ23) are down -0.25%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.27% this morning as the benchmark U.S. 10-year yield rose toward a 15-year high, while market participants looked ahead to the release of the Fed’s favorite inflation gauge as well as speeches from…

Barchart

Want a simple way to earn cash back every day? The Citi Double Cash Card is tough to beat.

The Citi Double Cash Card is tough to beat, with no annual fee and 2% cash back on every purchase.

Fortune

Read news from The Economist, FT, and more,
with one subscription

Tired of rotating bonus categories? This cash-back credit card skips the hassle.

Get 5% cash-back rewards in your top spending category without lifting a finger with the Citi Custom Cash card.

Fortune

Are you a frequent traveler craving a credit card with flexible perks?

A straightforward credit card earning a solid 1.5% cash back is a great starting point for those dipping their toe into credit card rewards.

Fortune

Paralympian and Retired Army Vet Christy Gardner Forges Her Own Business Path Through Service

After serving overseas, Gardner has shifted her focus to helping others through her passion for athletic competition and community service.

Sports Illustrated

Wall Street’s most powerful woman shakes up Citibank in bid to narrow gap with rivals: ‘We’ll be saying goodbye to some very talented and hard-working colleagues’

Frustrated that Citi is 'seriously underestimated', Fraser bills her plan as the most consequential change in the way the bank runs in nearly 20 years.

Fortune

Thousands of jobs and millions in funding announced for NI ahead of summit

Wednesday’s investment summit will see 200 international delegates visit Belfast.

The Independent UK

Citi Plans to Put You Into 'Relationship Tiers' Next Year

New Citi structure for retail accounts resembles travel rewards programs that offer more perks as balances increase.

Kiplinger

Oil’s historic price surge in 2008 will look like ‘child’s play’ compared with the expected copper boom by 2025, Citi says

“Copper’s eventual bull run is likely to make oil’s famous 2008 rally look like child’s play,” Citi’s managing director for commodities research, told clients.

Fortune

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Broadcasting & Cable

DirecTV and Notre Dame Football Fly Above Nexstar Blackout with 4K Channel, New Sponsorship Deal

DirecTV hasn't been able to fix the biggest station blackout ever, but it just joined Citi, Allstate and Howard Bailey as Notre Dame sports sponsors

Barchart

The Ultimate Warren Buffett Stock to Buy Right Now

Apple stock is the single biggest holding for Warren Buffett's Berkshire Hathaway. Here's why AAPL stock looks like a good buy after a tough August.

Chicago Sun-Times

Protect seniors from real-life horror show of financial exploitation

In one case, a Citi — or Citibank — executive allegedly used the sheen and reputation of a respected business to fleece her victims with a movie-making scam.

Chicago Sun-Times

Citi VP, wealth adviser in Chicago accused of steering older clients into money-losing film projects

Helen Grace Caldwell also made horror films — and, the Cook County public guardian’s office says in a lawsuit, solicited older bank clients to put money into her side movie projects.

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news in one place.

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Investors Business Daily

UAW Strike Threat: Just A 'Side Show' To Bigger Challenges For Detroit's Big Three?

The IBD-tracked auto group has gained 44% in 2023.

Capital & Main

As Climate Crisis Worsens, Debate Heats Up Over Transition to Clean Energy and Bank ‘Greenwashing’

More banks targeted for financing fossil fuel activity, including via a ‘hidden pipeline.’

Fortune

Italy’s new affordable housing weapon is a 40% windfall tax on banks

The tax is intended as a one-off levy on bank profits made in 2023 and could help offset mortgage costs for Italians, especially first-time home-buyers.

Barchart

The 2 Best AI Stocks to Buy in August

Some skeptics see a bubble forming in artificial intelligence, but there are still exciting opportunities to bet on future growth. Here's why Amazon and Nvidia are two AI stocks worth adding to your portfolio right now.

Fortune

Wells Fargo Active Cash® Card review: Flat 2% cash back on all purchases and no annual fee

Whether you’re opening your first rewards card or you’re looking to add a high-octane cash back card to your wallet, the Wells Fargo Active Cash is among the best.

Zenger

AMD Q2 Results Beat Expectations, Guidance Disappoints

Analysts maintain mixed ratings as AI chip uptake remains uncertain

Barchart

Stocks Set to Open Higher as Investors Await U.S. Payrolls Data and More Big Tech Earnings

September S&P 500 futures (ESU23) are up +0.11%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.09% this morning as market participants geared up for more corporate earnings results while also looking ahead to Friday’s nonfarm payrolls report.

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