Jane Fraser, CEO of Citigroup Inc., during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" at the Economic Club of Washington in Washington, D.C., March 22, 2023.Valerie Plesch | Bloomberg | Getty ImagesCitigroup will soon begin layoffs in CEO Jane Fraser's corporate overhaul, CNBC has...
Potential homebuyers attend an open house in Seattle.Mike Kane | Bloomberg | Getty ImagesCurrent homeowners and potential homebuyers are responding to lower mortgage rates, albeit slowly.Mortgage demand rose 2.8% last week, compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. That was the second...
A Target department store in North Miami Beach, Florida, on May 17, 2023.Joe Raedle | Getty ImagesTarget will report fiscal third-quarter earnings on Wednesday, as the company tries to claw its way back from a string of disappointing results and high-profile setbacks.Investors will listen for any signs that the...
Tiger Woods of the United States and Rory McIlroy of Northern Ireland walk to the 11th fairway during a practice round prior to the 2023 Masters Tournament at Augusta National Golf Club on April 03, 2023 in Augusta, Georgia. Ross Kinnaird | Getty Images Sport | Getty ImagesThe PGA Tour...
ANAHEIM, CALIFORNIA - AUGUST 24: President of Marvel Studios Kevin Feige took part today in the Walt Disney Studios presentation at Disney’s D23 EXPO 2019 in Anaheim, Calif. (Photo by Jesse Grant/Getty Images for Disney)Jesse Grant | Getty Images Entertainment | Getty ImagesWhat is the Marvel Cinematic Universe without...
UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois. Jim Vondruska | Getty ImagesDETROIT – The United Auto Workers achieved record contracts with the Detroit automakers following contentious talks and...
Starship launches for the first time on its Super Heavy booster from Texas on April 20, 2023.SpaceXSpaceX is pushing hard to launch the second spaceflight of its Starship rocket this week.CEO Elon Musk claimed the company will receive its federal launch license in the coming days, the final hurdle...
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty ImagesThe average rate on the 30-year mortgage fell 18 basis points to 7.40% on Tuesday, according to Mortgage News Daily, as...
Vehicles fill the parking lot of a Home Depot store in Bloomsburg. Paul Weaver | Lightrocket | Getty ImagesEven as Home Depot forecast sales declines, the retailer had good news for investors and consumers on Tuesday."I think the most important observation we've made is that the worst of the inflationary...
Singer Edith PiafKeystone-france | Gamma-keystone | Getty ImagesWarner Music plans to use artificial intelligence to recreate the voice and image of French artist and singer Edith Piaf, nearly 60 years after her death, the company said Tuesday.The efforts are part of the production behind a biopic about Piaf, titled...