Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time, announced a $20 billion share buyback program.

Martin Luther King Jr. Day is on Monday, Jan. 20, 2025. Since it's a federal holiday, some businesses and services may be closed. Here's what to know.

Shares of the third-largest U.S. lender were last up 5 per cent in premarket trading on Wednesday after Citigroup said its board has authorized a new share repurchase program

Indian markets extended their winning streak for the third consecutive session on January 16, buoyed by lower-than-expected US CPI numbers and strong earnings from major financial institutions, along with a ceasefire agreement between Israel and Hamas.

Experts recommend three intraday stocks for today — NACDAC Infrastructure, Niva Bupa Health Insurance Company, and Fiberweb (India)

Sumeet Bagadia recommends five shares to buy today — Ramkrishna Forgings, V2 Retail, NACDAC Infrastructure, Stove Kraft, eMudhra

Should you refinance your mortgage in 2025? For most American homeowners with a rate lower than 5%, probably not.

Financial markets are still concerned about inflation. The Fed influences short-term interest rates, which are falling, but longer-term bonds like the 10-year Treasury are a better reflection of inflation expectations.

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.

The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk that was launched in 2017.

The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change

Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic crises, using hypothetical scenarios such as when the unemployment rate rises to 10 percent and housing prices drop 40 percent.