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Citigroup Inc

China ramps up Wall Street meetings as Trump inauguration looms

by Merchant Moller
China ramps up Wall Street meetings as Trump inauguration looms

Chinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump’s planned tariffs on …

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Jim Cramer reviews companies that cracked $100 billion in 2024

by Merchant Moller
Jim Cramer reviews companies that cracked 0 billion in 2024

CNBC’s Jim Cramer on Monday reviewed several companies that surpassed $100 billion in market cap this year, noting that the names capture the “zeitgeist of the moment” on the market. …

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American Airlines picks Citi as sole credit card partner, drops Barclays

by Mark McDuffie
American Airlines picks Citi as sole credit card partner, drops Barclays

American Airlines planes sit parked at LaGuardia Airport in New York City, Nov. 27, 2024. Shannon Stapleton | Reuters American Airlines has completed a long-awaited credit card deal with Citigroup, dropping its …

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Southwest, American raise sales outlooks, shares jump

by Dennis chmitz
Southwest, American raise sales outlooks, shares jump

A Southwest Airlines plane takes off from Hollywood Burbank Airport on July 25, 2024 in Burbank, California.  Mario Tama | Getty Images Southwest Airlines and American Airlines raised their fourth-quarter …

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Banks raise costs in response to CFPB rule

by Mark McDuffie
Banks raise costs in response to CFPB rule

A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City.  Robert Nickelsberg | Getty Images Banks that issue credit …

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Retailers like Macy’s, Gap and TJX jack up store card APR

by Mark McDuffie
Retailers like Macy’s, Gap and TJX jack up store card APR

Tommy | Digitalvision Vectors | Getty Images Dozens of the largest U.S. retailers and their bank partners jacked up interest rates on their store-branded cards to record highs in the …

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Powell’s comments gave investors a reality check

by Merchant Moller
Powell’s comments gave investors a reality check

Jerome Powell, chairman of the US Federal Reserve, at Music Hall at Fair Park in Dallas, Texas, US, on Thursday, Nov. 14, 2024.  Shelby Tauber| Bloomberg | Getty Images This …

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Bank stocks advance in overnight trading as Robinhood traders bet on less regulation with Trump

by Merchant Moller
Bank stocks advance in overnight trading as Robinhood traders bet on less regulation with Trump

Omar Marques | Lightrocket | Getty Images Shares of major banks climbed in overnight trading as investors expected Donald Trump’s victory in the presidential election. Citigroup jumped about 5% in …

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Jack Dorsey’s Block expands Square Card service to the UK

by Sipho Sepamla
Jack Dorsey’s Block expands Square Card service to the UK

Marco Bello | AFP | Getty Images LONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service in the U.K. in a bid …

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High interest rate worries pressure stocks

by Nevil Nickel
High interest rate worries pressure stocks

Traders work on the floor at the New York Stock Exchange on March 5, 2024. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets …

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