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What Are Citigroup Executives Doing To Save Capital Amid A Possible US Recession?

By Dylan Wechsler
July 15, 2:55 PM
Citigroup Inc. (NYSE: C) announced on July 15 strong second-quarter earnings, sending the stock up around 11%.

C

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  • Econ #s
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USA Capacity Utilization Rate for Jun 80.000% vs 80.600% Est; Prior 80.300%

By Bill Haddad
July 15, 9:15 AM
USA Capacity Utilization Rate for Jun 80.000% vs 80.600% consensus estimate. The prior reading was 80.300%.

SPY

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  • Economics
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U.S. Retail Sales Likely To Recover In June, Here’s The Major Macro Issues For Friday

By Lisa Levin
July 15, 5:40 AM
U.S. stocks closed mixed on Thursday following downbeat earnings results from JPMorgan Chase & Co. (NYSE: JPM) and Morgan Stanley (NYSE: MS).

JPM

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3 minute read
  • Economics
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CPI Print Supports Worst-Case Scenario: The Fed Raising Rates Through A Recession

By David Pinsen
July 14, 1:05 PM
The Worst of Both Worlds Earlier this week, TD Ameritrade's lead anchor, Oliver Renick, suggested that we were likely heading for a worst-case scenario: a recession with inflation still hot enough that the Fed would be compelled to continue to raise rates during it:

DQ

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JPMorgan Chase and Morgan Stanley Report Earnings: Where Did The Profits Go?

By AJ Fabino
July 14, 12:04 PM
Two of the nation's largest banks, JPMorgan Chase & Co (NYSE: JPM) and Morgan Stanley (NYSE: MS), reported quarterly earnings Thursday that failed to meet analyst expectations, and more seriously, profits were dow

BAC

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  • Econ #s
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USA PPI (MoM) for Jun 1.100% vs 0.800% Est; Prior 0.900%

By Bill Haddad
July 14, 8:30 AM
USA PPI (MoM) for Jun 1.100% vs 0.800% consensus estimate. The prior reading was 0.900%.

SPY

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3 minute read
  • Economics
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Trending On Twitter: Soaring Inflation Sparks Angst In Some, Calm From Others

By Phil Hall
July 13, 11:36 AM
This morning’s news that the U.S.

BTC

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1 minute read
  • Economics
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President Biden Tweets ‘Today’s report is a reminder that inflation is too high – fighting inflation is my top economic priority. And while the numbers today are not acceptable, they are also outdated.’

By Benzinga Newsdesk
July 13, 10:44 AM
https://twitter.com/POTUS/status/1547229442052874242

SPY

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Consumer Price Index Jumps 9.1% In June, Breaches Expectations

By Vandana Singh
July 13, 8:43 AM
The Consumer Price Index (CPI) grew 1.3% month-over-month in June vs.+1.1% consensus and +1.0% in the last reading.

SPY

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  • Econ #s
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USA CPI (YoY) for Jun 9.100% vs 8.800% Est; Prior 8.600%

By Bill Haddad
July 13, 8:31 AM
USA CPI (YoY) for Jun 9.100% vs 8.800% consensus estimate. The prior reading was 8.600%.

SPY

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