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CBP says latest tariffs have generated 0 million, well below Trump’s estimate

CBP says latest tariffs have generated $500 million, well below Trump’s estimate

Business News

Shipping containers, including one of China Shipping, lie on flatbed railway cars as dock cranes stand behind at Hamburg Port on April 15, 2025 in Hamburg, Germany. Sean Gallup | Getty Images News | Getty Images U.S. Customs and Border Protection appears to be contradicting President Donald Trump’s comments on the daily revenue generated by […]

CBP says latest tariffs have generated $500 million, well below Trump’s estimate Read More »

Wall Street trading desks are feasting on the volatility from Trump’s global upheavals

Wall Street trading desks are feasting on the volatility from Trump’s global upheavals

Business News

U.S. President Donald Trump meets with El Salvador President Nayib Bukele (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., April 14, 2025.  Kevin Lamarque | Reuters Wall Street banks just posted their biggest-ever haul from stock trading as the opening months of President Donald Trump’s tenure led to upheavals

Wall Street trading desks are feasting on the volatility from Trump’s global upheavals Read More »

JPMorgan Chase sues more customers who allegedly stole cash in ‘infinite money glitch’

JPMorgan Chase sues more customers who allegedly stole cash in ‘infinite money glitch’

Business News

A person uses an ATM at a Chase bank in New York City on November 19, 2024.  Charly Triballeau | AFP | Getty Images JPMorgan Chase this week began suing more customers it has accused of stealing funds from the nation’s largest bank in last year’s so-called infinite money glitch. The bank is now going

JPMorgan Chase sues more customers who allegedly stole cash in ‘infinite money glitch’ Read More »

United Airlines gives two 2025 profit outlooks, calling economy ‘impossible’ to predict

United Airlines gives two 2025 profit outlooks, calling economy ‘impossible’ to predict

Business News

A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container Terminal in Jersey City, New Jersey, on April 8, 2025. Charly Triballeau | Afp | Getty Images United Airlines maintained its full-year forecast on Tuesday but took an unusual step of offering a second forecast

United Airlines gives two 2025 profit outlooks, calling economy ‘impossible’ to predict Read More »

Proposed SNAP cuts could pressure low-income shoppers — and retailers that serve them

Proposed SNAP cuts could pressure low-income shoppers — and retailers that serve them

Business News

Shoppers at the Walmart Supercenter in Burbank in Burbank Thursday, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images For millions of low-income Americans — already rattled by the threat of tariffs and higher prices — changes to a program that helps with grocery costs could make life more expensive. House

Proposed SNAP cuts could pressure low-income shoppers — and retailers that serve them Read More »

Citigroup is set to report first-quarter earnings – here’s what the Street expects

Citigroup is set to report first-quarter earnings – here’s what the Street expects

Business News

Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the United States, on Dec. 6, 2023.  Tom Williams | Cq-roll Call, Inc. | Getty Images Citigroup is scheduled to report first-quarter earnings before the opening bell

Citigroup is set to report first-quarter earnings – here’s what the Street expects Read More »

Bank of America tops analysts’ estimates on better-than-expected interest income, trading

Bank of America tops analysts’ estimates on better-than-expected interest income, trading

Business News

Brian Moynihan, chief executive officer of Bank of America Corp., during a Bloomberg Television interview in New York, US, on Tuesday, March 19, 2024.  Jeenah Moon | Bloomberg | Getty Images Bank of America reported first-quarter earnings before the opening bell Tuesday. Here’s what the company reported compared with what Wall Street analysts surveyed by

Bank of America tops analysts’ estimates on better-than-expected interest income, trading Read More »

American Airlines to make Wi-Fi free on most of its fleet in 2026

American Airlines to make Wi-Fi free on most of its fleet in 2026

Business News

An American Airlines plane on the runway at Miami International Airport in Miami, Florida, on Oct. 25, 2024. Joe Raedle | Getty Images American Airlines plans to offer Wi-Fi for free starting in January as more carriers opt for complimentary internet service for their loyalty program members, increasing pressure on holdouts. The free Wi-Fi will

American Airlines to make Wi-Fi free on most of its fleet in 2026 Read More »

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