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Citigroup beats profit estimates on lower expenses, shares rise

2 days ago   |   By Reuters

Citigroup Inc beat Wall Street profit estimates on Monday as lower expenses offset a drop in quarterly revenue, stemming from year-end volatility in its fixed-income trading business.
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Citigroup adjusted profits rise by 9 percent, beats estimate

2 days ago   |   By Miami Herald

Citigroup is reporting its profits rose by 9 percent on an adjusted basis from a year earlier, helped by a lower tax rate and a reduction in expenses. Citi said...
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Citigroup adjusted profit rises 14 percent on lower expenses

2 days ago   |   By Reuters

Citigroup Inc reported a 14 percent rise in adjusted quarterly profit on Monday, as lower expenses offset a decline in revenue in its fixed income business.
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Jack Bogle, Father Of Simple Investing, Dies At 89

Jack Bogle, Father Of Simple Investing, Dies At 89

Bogle, the founder of Vanguard who created the first index mutual fund, died Wednesday, the firm said. He said investors should own a mix of bonds and stocks but shouldn't pay... Read more ...

Microsoft pledges $500M to tackle Seattle housing crisis

Microsoft pledges $500M to tackle Seattle housing crisis

SEATTLE - Microsoft pledged $500 million to address homelessness and develop affordable housing in response to the Seattle region's widening affordability gap. Most of the... Read more ...

10 things in tech you need to know today

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Thursday. Federal prosecutors are investigating the Chinese electronics giant Huawei for allegedly stealing trade... Read more ...

Theresa May's no-confidence vote survival means the Brexit deadlock will...

Theresa May's no-confidence vote survival means the Brexit deadlock will continue

Theresa May has survived a vote of no confidence called by the opposition Labour party leader Jeremy Corbyn. Her survival in the vote comes after her Brexit deal with the EU... Read more ...

Rudy Giuliani leaves open the possibility there may have been collusion...

Rudy Giuliani leaves open the possibility there may have been collusion between the Trump campaign and Russia

Rudy Giuliani left open the possibility that aides who worked on President Donald Trump's 2016 election campaign could have colluded with Russian operatives, a matter now being... Read more ...

Cardi B takes Trump to town on what is now the longest US government...

Cardi B takes Trump to town on what is now the longest US government shutdown in history

Rapper Cardi B has some thoughts about the partial government shutdown - now in its 26th day, and currently the longest in modern history - and she's taking President Donald... Read more ...

Google will raise prices on its G Suite for the first time ever, as...

Google will raise prices on its G Suite for the first time ever, as competition with Microsoft Office 365 heats up

Google will raise prices on G Suite - the company's productivity suite - for the first time ever, according to a corporate blog post on Wednesday . Starting on April 2nd, The... Read more ...

Tim Cook said Apple will reduce hiring in certain divisions because of the...

Tim Cook said Apple will reduce hiring in certain divisions because of the iPhone sales slowdown

Apple will cut back on hiring for certain divisions as the company re-adjusts its plans in the face of slowing iPhone sales, according to a Bloomberg report on Wednesday. CEO... Read more ...

' WheresMitch?': Alexandria Ocasio-Cortez and other freshmen Democrats are...

' WheresMitch?': Alexandria Ocasio-Cortez and other freshmen Democrats are moving blame for the shutdown from Trump to Mitch McConnell

Freshmen House Democrats marched through the halls of Congress on Wednesday to deliver a letter to Senate Majority Leader Mitch McConnell demanding that he hold a vote to... Read more ...

Shutdown Will Be Worse For Economy Than First Thought, White House Says

Shutdown Will Be Worse For Economy Than First Thought, White House Says

White House officials reportedly say that each week of the shutdown will subtract 0.1 percentage point from growth - double the administration's original estimate. (Image... Read more ...