Finance
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1.0KBanks could take a $4.4 billion hit from new reforms — and traders will bear the brunt of it
The new reforms aren’t going to make traders very happy.REUTERS/Brendan McDermid The European operations of investment banks are expected to lose $4.4...
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1.0KCiti is dropping after warning the Senate GOP tax bill could cost it $20 billion (C)
Markets Insider Citigroup fell 1.4% Wednesday after CFO John Gerspach warned at an investor conference that the GOP’s Senate tax bill could...
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1.3KLululemon beats on earnings and raises its guidance (LULU)
Glassdoor Lululemon beat on both the top and bottom lines. The company raised its full-year 2017 adjusted earnings per share guidance. Shares...
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1.2KHere comes the Bank of Canada …
Bank of Canada Governor Stephen PolozReuters/Chris Wattie The Bank of Canada will announce its latest interest-rate decision at 10 a.m. ET. Economists...
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1.5KA 16-year-old supermarket worker’s son has been offered a scholarship to the £38,000-a-year private school attended by Prince Harry and David Cameron
Gareth Jones A 16-year-old from inner city Liverpool has been offered at scholarship to the £38,000-a-year Eton College. The private school was...
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1.1KGOLDMAN SACHS: Here are the 17 stocks hedge funds love the most
Andy Kiersz Dec. 6, 2017, 5:00 AM 0 facebook linkedin twitter email print Reuters / Charles Platiau Hedge funds make their money...
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992Now is not the time for central banks to abandon their inflation targets
Reuters/Lucas Jackson More and more investors are calling for central banks to remove their inflation targets. However, this would be a mistake,...
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1.2KOne of China’s biggest online retailers plans to build nearly 200 drone airports to bring e-commerce to rural China
REUTERS/Jason Lee JD.com is planning to build 185 drone airports in Southwest China. The airports will help products reach villagers, while also...
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1.0KGoogle just raised the stakes in its battle with Amazon by blocking YouTube from working on the Echo Show and Fire TV (GOOG, AMZN)
YouTube CEO Susan WojcickiREUTERS/Mike Blake Google is preventing YouTube from working on Amazon products like the FireTV and the Echo Show. Google...
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946STOCKS FALL: Here’s what you need to know
Mario Tama/Getty Images Stocks finished the day down slightly, with the S&P 500 posting a three-day losing streak, as a brief rebound...