Financial services giant Wells Fargo (NYSE:WFC) fell short of the markets revenue expectations in Q4 CY2025 as sales rose 4.1% year on year to $21.29 billion. Its non-GAAP profit of $1.76 per share was 4.4% above analysts’ consensus estimates.
With approximately six years until Social Security benefits must be cut, one group of Hawaii legislators has come up with a simple plan to prevent a shortfall.
March S&P 500 E-Mini futures (ESH26) are down -0.44%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.66% this morning as investors trim risk ahead of a slew of U.S. economic data, including the retail sales report and producer inflation figu...
Understanding Cardable Sites: Risks & Safeguards , In the world of online retail and commerce, the term “cardable sites” occasionally surfaces, often wrapped in technical language. While the internet’s main purpose is to connect people and simplify transactions, some of these platforms can be exploited for malicious purposes. This article explores what cardable sites are […]
President Donald Trump reiterated that the interest rates should be lowered, dismissing warnings by JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon about the potential negative effects of political interference with the Federal Reserve.
Global markets were poised to reach record highs as easing U.S. inflation data alleviated concerns over rising prices, fuelling investor enthusiasm amid the ongoing AI-driven boom.
The ongoing feud between the Trump administration and the Federal Reserve has taken a new turn with the revelation of details about the Fed's $2.5 billion renovation project.
U.S. Attorney for the District of Columbia Jeanine Pirro responded to the growing controversy regarding her office's decision to initiate legal proceedings against Federal Reserve Chair Jerome Powell.
MSC Industrial’s fourth quarter results met Wall Street’s revenue expectations and delivered adjusted profits ahead of consensus, but the market reacted negatively, with shares declining after the release. Management attributed performance to continued momentum among core customers, effective sales execution, and price actions that offset volume softness, notably in public sector accounts. CEO Martina McIsaac acknowledged that public sector sales were impacted by the federal government shutdown, while national accounts returned to growth. She noted, “Core customers grew approximately 6% in Q1, buoyed by our initiatives around e-commerce marketing and seller optimization.”
Apogee’s fourth quarter performance was met with a notably negative market reaction, as the company missed Wall Street’s revenue expectations and saw its operating margin decline compared to last year. Management attributed these results primarily to sustained pressure from rising aluminum costs and softer demand in the metals and glass segments. CEO Don Nolan emphasized the company’s ongoing efforts to maintain pricing discipline and execute on cost-saving initiatives, noting, “The margin pressures continue to build,” particularly in metals, while also highlighting the impact of higher health insurance costs. The quarter’s results were further shaped by the integration of the UW Solutions acquisition and lower incentive compensation expenses.
Global financial services giant JPMorgan Chase (NYSE:JPM) met Wall Streets revenue expectations in Q4 CY2025, with sales up 6.9% year on year to $46.77 billion. Its non-GAAP profit of $4.63 per share was 4.6% below analysts’ consensus estimates.
The USD/CHF pair posts modest gains around 0.8010 during the early European session on Wednesday. The Greenback strengthens against the Swiss Franc (CHF) after US inflation data that was broadly in line with estimates.
