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Citi Reported Its Best Third-Quarter Revenue in a Decade, $23.8 Billion. Its Return on Tangible Equity Fell to 11.5 Per Cent From 13.0 in the Second Quarter.

Citigroup said on Tuesday 13 October that third-quarter net income was $5.2 billion, or $2.85 a share, on revenue of $23.8 billion, up 8 per cent. Return on tangible common equity was 11.5 per cent, down from 13.0 per cent in the second quarter.

By Daniel Okafor October 14, 2026

The curved glass tower of 388 Greenwich Street, Citigroup's headquarters in Tribeca, under a clear blue sky, seen across an empty paved plaza at Pier 26.

Pope Leo XIV Has Lung Cancer, the Vatican Says. Surgeons Removed Part of His Right Lung Without Complications.

Surgeons at Rome's Gemelli hospital removed the lower lobe of Pope Leo XIV's right lung on Tuesday 13 October, and a test during the operation confirmed lung adenocarcinoma, the Holy See Press Office said. The Vatican said the operation was successful with no complications. It has not said whether further treatment will follow.

By Thomas Gutierrez October 13, 2026

Pope Leo XIV, in a white cassock and zucchetto with glasses and a pectoral cross, stands smiling with his hands clasped in front of a bronze sculpture in the Paul VI Audience Hall.

The FTC Says Martin Shkreli Traded Shares in at Least 60 Drug Companies Despite a Lifetime Ban. It Wants His Profits, With No Offset for Losses.

By Daniel Okafor October 13, 2026

The granite entrance of the Daniel Patrick Moynihan United States Courthouse at 500 Pearl Street, with its name in gold letters above bronze doors and bollards along the pavement.

Goldman Earned $17.01 a Share Against a $13.02 Consensus. Equities Revenue Alone Ran About $1.8 Billion Above the Preview Estimate.

By Daniel Okafor October 13, 2026

The glass-and-steel tower of Goldman Sachs's headquarters at 200 West Street, seen from below against a blue sky with white clouds.

JPMorgan Earned $5.57 a Share, Its First Miss Since 2023. Take Out a $658 Million Securities Loss and It Still Missed.

By Daniel Okafor October 13, 2026

The entrance to JPMorgan Chase's headquarters at 270 Park Avenue in New York, with the company's name above glass doors and wide stone steps in front.

Wells Fargo Beat on Earnings and Missed on Revenue. Its Capital Ratio Fell to 10.0 Per Cent as Its Unrealised Losses Doubled.

By Daniel Okafor October 13, 2026

A single-storey Wells Fargo bank branch with the company's gold lettering above the entrance, under a clear blue sky.

Morgan Stanley Reports Wednesday After Telling Investors "3Q Is No 2Q." Its Closest Rival Has Just Shown What That Can Look Like.

By Daniel Okafor October 13, 2026

The illuminated Morgan Stanley name on the corner of a glass office tower at night.

TSMC's Third-Quarter Sales Rose About 51 Per Cent, Above Its Own Guidance. Analysts Expect Its Net Margin to Fall From 55.6 Per Cent to About 50.

By Daniel Okafor October 12, 2026

Close-up of a silicon wafer patterned with a grid of rectangular chip dies.

Steris Will Pay $2.1 Billion for Xodus Medical. The Target Expects $245 Million of 2026 Revenue and $135 Million of Adjusted Operating Profit.

By Margaret Holloway October 12, 2026

Surgical scissors, clamps and a scalpel laid out on a blue sterile drape beside folded gauze in a metal dish.

IonQ Will Pay Up to $1.3 Billion in Stock for Elisity. Up to $150 Million of That Depends on Performance.

By Alison Acosta October 12, 2026

Racks of networking and server equipment with orange fibre cables in a dimly lit equipment room.

Goldman Sachs Has Had 17 Downward Earnings Revisions and No Upgrades in 30 Days. It Reports on Tuesday Against a $13.02 Consensus.

By Daniel Okafor October 12, 2026

The Jersey City waterfront seen across the Hudson River, with the tall Goldman Sachs Tower at left.

Meta Priced Its First Frontier Model at $4 per Million Tokens, Level With Anthropic's Opus 5.5. Its Shares Closed Up 3.4 Per Cent.

By Alison Acosta October 12, 2026

China Exported 919,000 Passenger Cars in September, Up 64 Per Cent. Its Domestic Sales Fell 27 Per Cent to 1.67 Million.

By Thomas Gutierrez October 12, 2026

Two large car-carrier ships, one blue and white and one red and white, berthed at a port behind a railing, with a wind turbine beyond.

California's Largest State Union Voted 96.2 Per Cent to Strike on 21 October. It Will Not Say How Many of Its 100,000 Members Voted.

By Margaret Holloway October 12, 2026

The domed California State Capitol in Sacramento at the end of a tree-lined lawn, with traffic lights in the foreground.

The IMF Publishes Its Full Outlook on Tuesday. Its July Forecast Assumed $89 Oil This Year, and Brent Is Above $100.

By Thomas Gutierrez October 12, 2026

A red oil tanker seen from directly above on dark blue water, with a tugboat alongside.

Hall and Woodford Won the Economics Nobel for Models Behind Forward Guidance. Forty-Five Days Earlier, the Fed Chair Said the Practice "Has Overstayed Its Welcome."

By Daniel Okafor October 12, 2026

The white marble facade of the Federal Reserve's Eccles Building in Washington under a blue sky, with an American flag above the entrance.

ASML Reports Wednesday and No Longer Publishes Orders. China Was 16 Per Cent of Its First-Half Sales, Against a Full-Year Guide of About 20 Per Cent.

By Daniel Okafor October 11, 2026

ASML's headquarters in Veldhoven, the Netherlands: a tall dark office tower beside lower white buildings, behind grass and trees.

UnitedHealth Reports Tuesday Against Expectations of About $4.15 a Share. Its Own Guidance Implies a Second-Half Medical Care Ratio Near 91 Per Cent.

By Daniel Okafor October 11, 2026

Aerial view of the Optum headquarters campus in Eden Prairie, Minnesota: low office buildings, a round brick tower and ponds with fountains beside a divided road.

Cenovus Will Pay C$12 a Share for Athabasca Oil, a 14 Per Cent Premium. Athabasca's Shares Ended the Week Above the Offer.

By Thomas Gutierrez October 11, 2026

An oil pump jack with an orange horsehead standing in a green field, with a river valley and farmland behind it.

JPMorgan Reports Tuesday After a Quarter With $5.6 Billion of One-Off Gains. Analysts Expect Revenue of About $51 Billion.

By Cory Chamberlain October 11, 2026

The Lower Manhattan skyline seen across the water under a blue sky.