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Citigroup is cutting more jobs this week to meet CEO Jane Fraser’s expense goals, Bloomberg News reported Thursday, citing people familiar with the matter. Managing directors in the wealth and ...
The Congressional DOGE Caucus’ plans for cutting government waste are shifting into focus after the group’s second-ever closed-door meeting on Wednesday. Caucus leaders are splitting lawmakers ...
Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, as part of its plans to cut costs. The British firm, which has a global workforce of about 90,000 people, confirmed ...
Jan 16 (Reuters) - Citigroup (C.N), opens new tab is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on Thursday, as a part of the ...
BLACKROCK senior executive Mark Wiedman’s departure is just the latest sign that the hunt for chief executive officer Larry Fink’s replacement looks far different than it did a year earlier. Wiedman, ...
UK inflation fell unexpectedly in December to 2.5%, potentially opening the door to interest rate cuts by the Bank of England (BoE) next month. Financial markets now assign a 74% probability to an ...
“As it stands, the Fed has very little reason to cut in the upcoming January meeting,” says Morningstar chief economist Preston Caldwell. “With the latest data showing no signs of weakness ...