Overall, bank stocks have sold off about 15% from their recent peak in the face of jitters about an economic slowdown, as well as uncertainty about policies and their implications, he said. This is ...
Citigroup is reportedly planning to make significant cuts to the number of IT contractors at the bank, instead hiring ...
Citi thinks March will see a "much more favorable" reading, with the firm predicting an out-of-consensus call of the Fed resuming its rate cuts in May. Market pricing currently indicates a much ...
After struggling in 2024, China's stock market is roaring as its AI trade soars. Meanwhile, US peers are hobbled by growth ...
Last April, then-Vice President Kamala Harris announced that EPA had selected eight groups, including Maryland-based Climate United, to receive $20 billion to finance tens of thousands of projects to ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The investment banking giant stands by its practice of regular staff cuts often called its 'annual cull,' trying to cut ...
The groups have been shut out of their accounts at Citibank since Feb. 18 because of a still-unexplained freeze imposed amid criticism from President Donald Trump’s administration. On Tuesday ...
Tax returns are due in less than 2 months' time, and now we are learning about more layoffs and offices. To the IRS. Experts say that these changes will likely lead to worse customer service and ...
In mid-February, she found out she was one of the some 3,400 workers who had been targeted for layoffs — an estimated 10 percent of the workforce — as part of the Trump administration’s move ...
A Wednesday memo from the Office of Personnel Management (OPM) and Office of Management and Budget (OMB) directs agencies across government to turn over plans for widespread layoffs of federal ...
That’s in part because the federal layoffs are expected to affect a small fraction of the much larger US labor force. The federal civilian workforce, which excludes military personnel and ...