Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio. Citigroup has far and away been the worst-performing large U.S. bank stock since the Great Recession and many investors have ditched the stock out of frustration.

Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services interruptions, hundreds of Citibank users had flagged issues related to their accounts as of midday.

In a report released today, Keith Horowitz from Citi maintained a Buy rating on Bank of America (BAC – Research Report). The company’s shares

Follow live coverage and analysis of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock.

Bank of America, Capital One, Chase, Citibank and Wells Fargo will also be closed for MLK Day. Most local and Kansas City-based banks will also be closed on MLK and other federal holidays. The City of Kansas City trash services are closed on MLK Day for trash pick up.

Shell got one. So did the pipeline company Enbridge. And last summer, energy giant Drax got its biggest one to date, worth more than half a billion dollars.

Payoneer Global's stock has seen extraordinary one-year performance, driven by three consecutive earnings beats, but I rate it a "hold" due to valuation concerns. Read more here.

January 20th in the United States is a day of dual significance, intertwining the presidential inauguration with Martin Luther King Jr. Day. This unique overlap prompts questions about its impact on daily life,

President-elect Donald Trump will be inaugurated on January 20, 2025, coinciding with Martin Luther King Jr Day. The overlap leads to school closures primarily due to the federal holiday. Schools, postal services,

The convergence of Martin Luther King Jr. Day and Trump's inauguration on January 20, 2025, will see closures of banks and stock markets and more. Joe Raedle/Getty Images/AFP (Photo by JOE RAEDLE / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)

Yes, the post office will be closed on Inauguration Day as it will be observing the federal holidays of both Inauguration Day and Martin Luther King Jr. Day on the same day. Here's what else is closed on Monday.

Some businesses will be open and services will be available in New Jersey and the surrounding region on Martin Luther King Jr. Day 2025, but some will be closed