Big U.S. banks see higher net interest income as rates rise
By Elizabeth Dilts Marshall NEW YORK – Wells Fargo & Co and JPMorgan Chase & Co reported a rise in net interest income in the first quarter, as the U.S.…
By Elizabeth Dilts Marshall NEW YORK – Wells Fargo & Co and JPMorgan Chase & Co reported a rise in net interest income in the first quarter, as the U.S.…
NEW YORK -Wall Street’s major banks and asset managers were cautious about the economy as they detailed how both consumers and institutional clients were struggling to deal with sky-high inflation…
(Reuters) – The Federal Reserve’s aim is to raise rates quickly enough to bring down inflation without pushing the U.S. economy into recession or damaging the strong jobs market, Cleveland…
By Arathy Somasekhar HOUSTON -Oil prices settled higher on Thursday after an early decline as investors covered short positions ahead of the long weekend and on news that the European…
By David Henry and Manya Saini NEW YORK -Citigroup Inc could lose as much as $3 billion from its Russia exposures, $2 billion less than previously forecast, the bank said…
NEW YORK -Citigroup Inc is in early talks with possible buyers of its Mexico consumer banking business Citibanamex, executives said on Thursday, while cautioning that the sale process would be…
By Chris Taylor NEW YORK – When accountant Zach Gordon gets calls from clients about how to handle cryptocurrency on their taxes, there is a common theme. “They have absolutely…
BALTIMORE, MARYLAND – The Baltimore Police Department is investigating a homicide which took place on April 14th. This incident happened on the 1800 Block of Wilkins Avenue in Southern Baltimore.…
Denver – The U.S. Attorney’s Office for the District of Colorado announces that Pro Diesel Inc. and Endrizzi Diesel, LLC. pleaded guilty to conspiring with a Colorado-based diesel shop to…
By Nichola Groom and Valerie Volcovici WASHINGTON – U.S. President Joe Biden’s plan to expand liquefied natural gas (LNG) shipments to Europe to cut the region’s dependence on Russian fuel…
BALTIMORE, MARYLAND – The Baltimore Police Department is investigating a double shooting which took place on April 14th. This incident happened at 11:11pm on the 1800 Block of North Castle…
JEFFERSON CITY, Mo. – A Columbia, Mo., woman was sentenced in federal court today for methamphetamine trafficking after she received a large package of methamphetamine shipped from California to distribute…
DURANGO – The United States Attorney’s Office for the District of Colorado announces that a federal jury in Durango has found Alonzo Gary Summa, age 36, guilty of assault resulting…
Baltimore, Maryland – U.S. District Judge Catherine C. Blake sentenced Lakeya Aldridge age 41, of Federalsburg, Maryland to nine years in federal prison, followed by five years of supervised release,…
Damian Williams, the United States Attorney for the Southern District of New York, Matthew G. Olsen, the Assistant Attorney General for National Security, and Michael J. Driscoll, the Assistant Director-in-Charge…
St. Thomas, USVI – Julius Alvarez-Gonzalez and Jimmy Garcia-Quinonez, of Vieques, PR, each entered guilty pleas to the charge of concealing over one million dollars in cash on a…
NEWARK, N.J. – A former U.S. Postal Service USPS employee today admitted that he conspired to fraudulently obtain unemployment insurance benefits, U.S. Attorney Philip R. Sellinger announced. Ross Clayton, 31,…
Two men were sentenced in federal court Wednesday for helping orchestrate a scheme where physicians received kickback payments in exchange for writing and referring expensive compounded drug prescriptions to OK…
WASHINGTON, D.C. – The Washington, D.C. Metro Police Department is asking for assistance in identifying a suspect and vehicle that was involved in an Armed Robbery on April 12th. This…
GDANSK – A board member of Polish video game maker CD Projekt said on Thursday there is no “monumental” delay to its blockbuster game “The Witcher 3: Wild Hunt” for…
TRENTON, NJ – One Lucky Monmouth County Powerball player won the $50K third tier prize. The Powerball drawing was April 13th. This ticket matched four of the five white balls…
(Reuters) -The Russian rouble weakened on Thursday, driven by expectations that Russia may relax its temporary capital control measures further, while stocks fell sharply as the country continued what it…
By Lucia Mutikani WASHINGTON – U.S. retail sales increased solidly in March, boosted by record- high gasoline prices, but consumers are starting to feel the pinch of high inflation, with…
By Sohini Podder and Elizabeth Dilts Marshall (Reuters) -Wells Fargo & Co posted a 21% drop in first-quarter profit but beat Wall Street expectations on Thursday, as the release of…
By Krystal Hu and Anirban Sen (Reuters) – Intel Corp’s Mobileye has tapped investment banks Goldman Sachs Group Inc and Morgan Stanley to lead preparations for the initial public offering…