In Today’s News

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Trump says 100% tariffs on China not sustainable, still plans to meet Xi

WASHINGTON (Reuters) -U.S. President Donald Trump said his proposed 100% tariff on goods from China would not be sustainable, but blamed Beijing for the latest impasse in trade talks that began with Chinese authorities tightening control over rare earth exports.Asked whether such a high tariff was sustainable … Read More »

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Fifth Third profit jumps on fee income, records $178 million loss from Tricolor bankruptcy

Broad-based growth across Fifth Third’s fee businesses lifted non-interest income to $781 million in the quarter, up 10% from a year earlier.Â Â Wealth management and asset management fee revenue surged 11%, while mortgage banking fee revenue jumped 16%.Shares of the bank were up 1% in early afternoon tra … Read More »

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Featured Article

AmEx updates 2025 forecasts as affluent customers keep up spending

(Reuters) -American Express raised the lower end of its 2025 profit and revenue forecasts on Friday, as its affluent customers looked past economic uncertainty and continued spending ahead of the holiday season.Analysts expect AmEx to benefit from spending by high-income customers, particularly on travel and … Read More »

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Other Headlines

Starbucks investors urge company to restart union talks

The letter, signed by Comptroller Brad Lander, Trillium Asset Management, the Shareholder Association for Research and Education and Pensions Investment Research Consultants, was addressed to Starbucks’ board members Jorgen Vig Knudstorpand and Beth Ford and called on the company to reach a contract agreement … Read More »

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