"We see this weakening labor market dynamic across a number of different data points: low hiring rate, low quit rates, new ...
The softer-than-expected jobs report for October ... The December rate cut decision will depend on labor market data, with Citi expecting another 50 basis point cut. The analysts also pointed out that ...
A strong September jobs report that saw a surprise unemployment ... However, no investor has yet priced in a half-point cut the following month, as Citi suggests will happen.
companies this year have continued to cut jobs across tech, media, finance, manufacturing, and retail. Tech titans like Meta, IBM, Google, and Microsoft; finance leaders like Goldman Sachs, Citi ...
Citi analyst Thomas Singlehurst lowered the firm’s price target on Coursera (COUR) to $15 from $30 and keeps a Buy rating on the shares.
The U.S. bank declined to comment. Amid its sweeping reorganisation, which is expected to lead to as many as 20,000 jobs being cut over the next two years, three senior executives were leaving Citi's ...
Net positioning in the S&P 500 is particularly bullish ahead of the 2024 US election, according to Citi strategists, a stark contrast to the more cautious stance seen in previous election cycles.
the firm predicted it would shed 5,000 jobs by March this year and an additional 15,000 by the end of 2026. A Citi spokesperson declined to say how many positions have been cut in wealth management.
Here's what's blowing in the wind in Bay Area business to get your Tuesday morning started: Marqeta, 23andMe, Enphase Energy, ...
The Federal Open Market Committee is expected to follow September's 50-basis-point rate cut, the first of its easing cycle, ...