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Tech rally keeps Wall Street in the green

The likelihood that rate cuts will happen as soon as March dropped significantly, but not completely. Indices bounced back, lifted by a rally in the semiconductor industry after TSMC s fiery forecasts.
-January 19, 2024 at 09:19 am EST
- MarketScreener ....

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Citigroup posts loss in 'very disappointing' quarter but it's 'made substantial progress' in transformation

Bank laying off 20,000 by 2026 as part of restructuring plan. ....

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Citigroup posts loss in 'very disappointing' quarter but it 'made substantial progress' in transformation

Citigroup Inc.’s stock was up by 1.9% in premarket trading on Friday after its profit excluding multiple one-time items beat analyst estimates. Chief… ....

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Citigroup's third-quarter profit edges up and beats lowered expectations

Citigroup's net income remains at about $3.5B as it sells off units and restructures its business to simplify its leadership ranks. ....

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Citi to Cut Management Layers Amid Reorganization

By Dean Seal

Citigroup will cut certain management layers as part of a new organizational model aimed at speeding up decision making.

The banking giant said Wednesday the new model will. ....

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