Citigroup is a leading global financial services company that provides a wide range of financial products and services to consumers, corporations, governments, and institutions around the world. It operates through various segments, including global consumer banking, institutional clients, and treasury and securities services. The firm offers services such as investment banking, wealth management, credit cards, loans, and other financial solutions, leveraging its extensive international presence and a deep understanding of diverse markets to facilitate transactions and support clients' financial needs. Through its commitment to innovation and customer service, Citigroup aims to help clients thrive in an increasingly complex financial landscape. Read More
Shares of memory chips maker Micron (NYSE:MU)
jumped 4.7% in the afternoon session after the stock extended its positive momentum as a Citi analyst raised the company's price target, citing strong demand for its memory chips driven by the artificial intelligence boom.
Cryptocurrency exchange Gemini raised $425 million in an initial public offering, pricing its shares above the expected range, according to an announcement made late Thursday.
The new leader among S&P 500 stocks is Seagate Technology, which has risen by more than 120% so far this year. What's driving its gains, and can it continue?
The financial landscape for homeowners is experiencing a significant shift as mortgage rates continue their downward trajectory, stirring a renewed wave of interest in refinancing existing home loans. This notable decline, marking rates at their lowest levels in nearly a year, presents a compelling opportunity for countless individuals to re-evaluate
The U.S. housing market is bracing for a period of sustained elevated mortgage rates, with leading financial institutions forecasting the 30-year fixed mortgage rate to hover in the mid-6% range through the fourth quarter of 2025 and into the first quarter of 2026. This outlook, a significant shift from
The global economy is currently navigating a treacherous landscape, marked by a confluence of significant headwinds that are increasingly dictating the Federal Reserve's monetary policy path. Intensifying geopolitical tensions, a palpable resurgence of protectionist trade policies, stubbornly persistent inflationary pressures, and a general deceleration in global economic growth are the
Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX)
jumped 6.5% in the morning session after the company unveiled a breakthrough deposition tool for next-generation chips used in artificial intelligence (AI) and high-performance computing (HPC).
Shares of online used car auction platform ACV Auctions (NASDAQ:ACVA) fell 4.1% in the afternoon session after a key competitor, Cox Automotive, announced a strategic acquisition that intensifies competition in the vehicle inspection market.
The global economy is bracing for a significant slowdown, with leading financial institutions projecting a challenging landscape for 2025 and the years to follow. A confluence of escalating trade tensions, persistent policy uncertainty, and tighter financial conditions is converging to paint a picture of decelerated growth, raising concerns about job
Concerns are escalating over the Federal Reserve's long-standing independence as political pressure intensifies, raising fundamental questions about the future of U.S. monetary policy and its implications for financial markets. Recent actions from the executive branch, including an attempted dismissal of a sitting Fed governor and the nomination of individuals
The United States is facing an unprecedented fiscal challenge as the cost of servicing its colossal national debt rapidly escalates. Driven by a combination of persistently high inflation and the Federal Reserve's aggressive interest rate hikes, projections indicate that interest payments on the national debt are on track to surpass
Shares of luxury furniture retailer RH (NYSE:RH) fell 4.2% in the morning session after a mixed analyst report from Wells Fargo had investors focusing on lowered earnings estimates due to tariff impacts.
Citi Investor Services has enabled Financial Information eXchange (FIX) API connectivity between its proprietary Advanced Citi ETF System (ACES) platform with Bloomberg’s BSKT service to further automate the ETF creation and redemption process for authorized participants (APs). This builds on an existing integration between Citi ACES and BSKT, which is Bloomberg’s ETF creation and redemption solution for the primary market.
