All About Everything

Citigroup's Corbat faces tense analyst questions as he approaches exit

(Reuters) - Citigroup Inc's outgoing chief executive came under fire on Tuesday for mistakes that have led to regulatory penalties, with analysts questioning his pay and why he is not leaving immediately in a conference call to discuss quarterly results.

Oil up as robust China trade data offsets returning supply

NEW YORK (Reuters) - Oil prices rebounded on Tuesday, supported by robust economic data from China that offset returning supply in other regions but gains were capped by forecasts for a slow recovery in global oil demand as coronavirus cases rise.

Used vehicles again lift US consumer prices, but inflation cooling

WASHINGTON (Reuters) - U.S. consumer prices increased for a fourth straight month in September, with the cost of cars and trucks rising by the most since 1969, but inflation is slowing amid excess capacity in the economy as it gradually recovers from the ...

Delta warns investors: 'It may be two years or more' for air travel recovery

CNN

CNN

New York (CNN Business) Yet again, Delta Air Lines posted massive quarterly losses --- and the company is warning investors "it may be two years or more" for air travel demand to return to normal. The airline posted a $2.1 billion operating loss in the third ...

Stone Ridge Reveals $115 Million Bitcoin Investment As Part Of Billion-Dollar Spin-Off

Forbes

Forbes

Three years ago, the founders of the $10 billion Stone Ridge Asset Management had a problem. Several of the advisory firm's founders and senior employees were buying bitcoin at such a rate it became obvious the purchases needed to be looked at more ...

Oil steady as rising coronavirus cases stokes demand concerns

SINGAPORE (Reuters) - Oil prices were steady on Wednesday on concerns that fuel demand will continue to falter as rising coronavirus cases across Europe and in the United States, the world's biggest oil consumer, could impede economic growth.

S&P 500 futures are flat with earnings season kicking off, Nasdaq futures jump 1% as Apple gains

U.S. stock futures were mixed on Tuesday as investors waited for the first batch of corporate earnings and looked for updates on a stimulus package. S&P 500 futures were little changed and Dow Jones Industrial Average futures fell 136 points, or 0.5%.

Bank Profits Show Gap Between Wall Street and Main Street: Live Updates

The New York Times

The New York Times

JPMorgan Chase earned $9.44 billion in the third quarter, a 4 percent rise from the $9.08 billion it earned in the same period a year ago. Credit...Mike Segar/Reuters. Legions of small businesses are struggling to stay afloat in the United States and 12 million ...

Oil rebounds as strong China trade data offsets supply concerns

MELBOURNE/SINGAPORE (Reuters) - Oil prices rose on Tuesday, recovering some ground from falls of nearly 3% in the previous session, drawing support from robust China data, although concerns about supply resumption in Norway, the U.S. Gulf of ...

Personal finance advice relies on shame; what if we tried empathy?

When June applied to be on the Suze Orman show in 2012, she was a young doctor making $58,000 a year with $240,000 in student loans from medical school and $40,000 in credit card debt. As a divorced mother with three children, who was also caring for ...