JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history. Here’s what the company reported: The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a…
Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services interruptions, hundreds of Citibank users had flagged issues related to their accounts as of midday. The site indicated the interruptions had been occurring since at least 9…
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts. The big-box retailer now expects comparable sales in the fiscal fourth quarter to grow by about 1.5%. That’s better than its most recent outlook…
As Israel and Hamas edge closer to a possible ceasefire-hostage agreement, a small number of families whose loved ones remain captive in Gaza are saying “No” to a deal. Many members of the Tikva (Hope) Forum fringe group, including settlers in the occupied West Bank, hold right-wing ideologies. They oppose…
Sydney (Reuters) — Voting began on Thursday to elect a new government in Vanuatu, a month after a 7.3-magnitude earthquake struck the Pacific island nation’s capital Port Vila, killing at least 16 people, triggering landslides and damaging several major buildings. A snap election had to be called after Vanuatu President…
India on Thursday became the fourth country to successfully achieve an unmanned docking in space, a feat seen as pivotal for future missions as New Delhi cements its place as a global space power. The United States, Russia and China are the only other countries to have developed and tested…
Kyiv, Ukraine (AP) — British Prime Minister Keir Starmer arrived in Ukraine Thursday with a pledge to help guarantee the country’s security for a century, days before Donald Trump is sworn in as US president. The British government says Starmer and Ukrainian President Volodymyr Zelensky will sign a “100-Year Partnership”…
In this exclusive StockCharts video, Joe demonstrates how to use the 1-2-3 reversal pattern as a buy signal on the weekly chart. This approach can be used when the monthly chart is in a strong position. Joe shares how to use MACD and ADX to help when the trendline pattern…
The December Producer Price Index (PPI) came in cooler than expected, as equities rose in early trading, sold off, and then rebounded. The Dow Jones Industrial Average ($INDU), S&P 500 ($SPX), S&P 400 Mid-Cap Index ($MID), and S&P 600 Small-Cap Index ($SML) closed higher. The Nasdaq Composite ($COMPQ) and the…
Quantum computing is an emerging technology that has the potential to revolutionize many industries. According to a late 2021 Statista forecast, the quantum computing market’s total revenue is projected to reach US$8.6 billion by 2027. To put that into perspective, the industry was worth only US$412 million in 2020. In…