December CPI Hotter-Than-Expected

12:48pm, Thursday, 11'th Jan 2024
The big economic news of this week is finally here: the Consumer Price Index (CPI) for December. Results are decidedly warmer than had been expected on all metrics, but nothing apparently too dire.

CPI Warmer than Expected; Jobless Claims Stay Low

12:02pm, Thursday, 11'th Jan 2024
Core CPI year over year of +3.9% is the first sub-4% print since May 2021.
The company's products and services also comprise: Merchant acquisition and processing Servicing and settlement Point-of-sale marketing Information products and services for merchants Fraud prevention
Chances of a broad-based earnings beat are low-to-moderate as several stocks are experiencing a negative ESP.
Jason Goldberg, Barclays senior equity analyst, joins 'Squawk Box' to preview Friday's big bank earnings results, what it means for the banking sector at large, and more.
'Mad Money' host Jim Cramer talks bank stocks performance in 2023 ahead of earnings.
Barbara Doran, BD8 Capital CEO and Brooke May, Evans May Wealth managing partner, joins 'Closing Bell Overtime' to talk the day's market action.
The Federal Reserve suggested that interest rates might be slashed in 2024. This should stimulate demand for loans, relieve pressure on borrowers, and encourage investment banking activity.

Wall Street Awaits Key Inflation Data

12:01pm, Wednesday, 10'th Jan 2024
We're not completely devoid of new information in today's pre-market: the early part of the year is big for convention-type events like the Consumer Electronics Show (CES) in Las Vegas, where A.I. is
The S&P500 delivered a strong year-end rally, gaining 4.5% in December and 26.3% for the year.
Higher rates and modest trading and IB performances are expected to have supported BofA's (BAC) Q4 earnings amid higher provisions and non-interest expenses.
Banks kick off the US fourth-quarter earnings season this week, with JPMorgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), Wells Fargo & Company (NYSE:WFC) and Bank of America Corp (NYSE:BAC) report
Bank earnings season is nearly upon investors as Deutsche Bank upgrades JPMorgan Chase (JPM) to a "Buy" rating while downgrading Wells Fargo (WFC) to "Hold." Yahoo Finance anchors Brad Smith and Seana
BofA (BAC) will incur a net non-cash pre-tax charge of $1.6 billion in Q4. The stoppage of BSBY affects the accounting treatment of transactions that were completed using the index.
Bank of America (BAC) concluded the recent trading session at $34.16, signifying a -0.78% move from its prior day's close.
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