Morning News: January 12, 2024

Banks Lead Nigerian Stocks to World’s Second-Best Gains in 2024

Large Backers of Private Equity Are Asking For Their Money Back

JPMorgan Posts Record Net Interest Income and Predicts Even More for This Year

BofA Bond Traders Post Surprise Drop as Profit Slumps by Half

Citigroup Posts $1.8 Billion Fourth-Quarter Loss After Litany of Charges

Wells Fargo Posts Higher Fourth-Quarter Profit, Helped by Higher Interest Rates and Cost Cutting

Grayscale Faces New Risk-Management Challenge With Bitcoin ETF Approval

BlackRock Buys Infrastructure Firm GIP for $12.5 Billion

Companies Are Still Cutting White-Collar Jobs

What America’s Relocation Boom Means for Election 2024

$6 Trillion in Taxes Are at Stake in This Year’s Elections

America’s Gas Bonanza Brings Biden New Political Dilemmas

‘Remarkable’ Surge in Auto Insurance Costs Fans US Inflation

Tesla to Halt Production in Germany as Red Sea Conflict Hits Supply Chains

Hertz Will Shrink Electric Fleet After Being Burned by Tesla’s Price Cuts

Delta Air Walks Back 2024 Profit Goal on Higher Costs, Wages

$1.2 Trillion US Travel Industry Is Plummeting, Says New Study

Costco’s New China Store Triggers Shopping Frenzy on Opening Day

The Billionaires Spending a Fortune to Lure Scientists Away From Universities

Removal of Netflix Film Shows Advancing Power of India’s Hindu Right Wing

Peacock Enters Uncharted Waters by Streaming N.F.L. Playoff Game

How Belichick Helped Patriots Go From Laughingstock to Economic Powerhouse

Be sure to follow me on Twitter.

Posted by on January 12th, 2024 at 7:03 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.