JPMorgan Chase on Tuesday posted fourth-quarter results that topped expectations on better-than-expected revenue from the bank’s trading operations. Here’s what the company reported: Adjusted earnings: $5.23 per share vs. $5 consensus estimate from LSEG Revenue: $46.77 billion vs. $46.201 billion expected by LSEG The company said profit fell 7% to $13.03 billion, or $4.63 per…
[The stream is slated to start at 8:15 a.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.] Federal Reserve Governor Christopher Waller is slated to speak at at the Yale CEO Summit on Wednesday. Waller is one of the five…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. As hyperscalers like…
People shop at a grocery store in Brooklyn on Dec. 12, 2025 in New York City. Spencer Platt | Getty Images Wall Street is awaiting Thursday’s release of the November consumer price index report, as it will mark the first reading for the period since the record-setting U.S. government shutdown ended last month. According to…
Robin Vince President & CEO BNY Mellon, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC BNY, which calls itself the world’s largest custody bank, is raising a pair of key performance targets as CEO Robin Vince says a turnaround that began when he…
The Bank of England (BOE) in the City of London, UK, on Monday, Dec. 15, 2025. Bloomberg | Bloomberg | Getty Images The Bank of England voted narrowly to cut interest rates on Thursday, in its last monetary policy move of 2025. The central bank’s nine-member monetary policy committee (MPC) on Thursday voted 5-4 to…
After a strong holiday shopping season, many consumers are now hitting the stores again — this time to return their purchases. Consumers spent $257.8 billion online between Nov. 1 and Dec. 31, jumping 6.8% year over year to a fresh record for e-commerce, according to a new report from Adobe Analytics. However, returns then spiked 4.7%…
Sports merchandising giant Fanatics announced on Tuesday the launch of Fanatics Studios, a media and entertainment studio established as a joint venture with OBB Media. Fanatics Studios will create, produce and distribute content at the intersection of sports and culture, the company said in a release. This will include feature films, documentaries, scripted and unscripted…
People shop for groceries at a store in Port Washington, New York, U.S., Nov. 19, 2025. Shannon Stapleton | Reuters Consumer prices rose less than expected in November, giving investors hope that inflationary pressures may be cooling enough for U.S. monetary policy to be eased more than Wall Street anticipates. The consumer price index rose…
The 2026 tax season starts on Jan. 26, according to the IRS. Here are some key things filers need to know. Source link