Feb 22, 2024, 4:00 PM EDT
Those interested in watching the first U.S. spacecraft to land on the moon in more than half a century may be able to do so on Thursday.
New findings published by the New York Federal Reserve show that a growing number of Americans are struggling to make their monthly credit card payments.
Citigroup on Friday said it will slash 20,000 jobs. The reductions will happen 'over the medium-term,' something that should ultimately bring its expenses down by $2-2.5 billion, Citi said.
The CEOs of the eight largest U.S. banks planned to push back on pending banking regulations as burdensome at Tuesday's hearing before the Senate Banking Committee.
Citigroup managers are in the process of reviewing staff rosters ahead amid a restructuring that will be announced in November, according to a memo seen by Reuters.
Credit card debt is rising and while American consumers' spending shows confidence in their finances, high credit card interest rates loom as a threat if the economy slow.
Among the top performers were Charles Schwab Corp. and Deutsche Bank's U.S. operations, while regional lenders Citizens Financial Corp. and US Bancorp were the laggards of the pack.
FOX Business host Larry Kudlow gives his take on the state of the economy under President Joe Biden on Friday's "Kudlow."
Mark Shafir, who most recently served as co-head of Global M&A at Citi, announced his retirement on Tuesday morning, according to a memo, which was distributed internally.
In wake of recent issues with First Republic and Silicon Valley Bank, community bank leaders tell FOX Business that sharing the financial burden with larger institutions is unfair.