CENTRAL ISLIP, N.Y. (AP) — Former U.S. Rep. George Santos pleaded guilty Monday to committing wire fraud and aggravated identity theft in connection with the federal fraud case that led to his expulsion from Congress.

2. Big bank quarterly results show signs of consumers slowing down spending - Friday, July 12, 2024

NEW YORK (AP) — Signs of consumers slowing down their spending and falling behind on their bills weighed down shares of the big banks on Friday. JPMorgan Chase and Wells Fargo saw their adjusted profits fall, while Citigroup saw sluggish spending on its credit cards.

3. Government fines Citigroup $136 million for failing to fix longstanding internal control issues - Friday, July 12, 2024

NEW YORK (AP) — A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient progress in resolving longstanding internal control and risk issues. It's a major blow to Jane Fraser, the bank's CEO, who has staked her career on making Citi leaner and less complex.

4. Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65 billion - Friday, July 5, 2024

NEW YORK (AP) — The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake.

5. Biden's team asks CEOs how to further boost the economy while Trump says business is on his side - Friday, June 7, 2024

WASHINGTON (AP) — On the campaign trail, President Joe Biden likes to take a hard thwack at corporate America.

The Democrat tells voters that companies should pay more in taxes and he blames many businesses for fueling higher prices by stoking "greedflation" and "shrinkflation."

6. More women made the list of top paid CEOs in 2023, numbers are still small compared to men - Friday, May 31, 2024

More women are attaining the top job at companies in the S&P 500, but their numbers are still minuscule compared to their male counterparts.

Of the 341 CEOs included in the AP's annual compensation survey, 25 are women. That's the most women making the list since the survey began in 2011. But the numbers haven't budged very much. The second highest tally was 21 women in 2017.

7. Big banks warn of uncertain year ahead after mixed financial performances in the first quarter - Friday, April 12, 2024

NEW YORK (AP) — Big banks warned of an "uncertain" year ahead after mixed financial results during the first quarter in an environment of stubbornly high inflation and geopolitical clashes in Europe, the Middle East and elsewhere.

8. Biden administration would cap credit card late fees at $8, part of campaign against junk fees - Friday, March 1, 2024

WASHINGTON (AP) — The Biden administration announced a rule Tuesday to cap all credit card late fees, the latest effort in the White House push to end what it has called junk fees and a move that regulators say will save Americans up to $10 billion a year.

9. Capital One to buy Discover for $35B in deal that combines major US credit card companies - Friday, February 16, 2024

NEW YORK (AP) — Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation's credit card companies as well as potentially shake up the payments industry, which is largely dominated by Visa and Mastercard.

10. US eases restrictions on Wells Fargo after years of strict oversight following scandal - Friday, February 16, 2024

NEW YORK (AP) — The Biden Administration eased some of the restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals.

The news sent Wells Fargo's stock up sharply Thursday as investors speculated that the bank, which has been kept under a tight leash by regulators for years, may be able to rebuild its reputation and start growing again.

11. Banks upbeat on US consumer despite bank profit declines, inflation, rising debt levels - Friday, January 12, 2024

NEW YORK (AP) — The biggest banks in the country posted strong profits last year, helped by higher interest rates and a strong economy, despite having to deal the lingering industry costs of last year's banking crisis that caused the collapse of Silicon Valley Bank and Signature Bank.

12. Bank profits mostly fall in fourth quarter, but banks remain upbeat on economy and consumer - Friday, January 12, 2024

NEW YORK (AP) — Three of the nation's biggest banks said Friday that their profits fell last quarter, as JPMorgan Chase, Bank of America and Citigroup deal with the lingering effects of higher interest rates and the industry costs of last year's banking crisis that caused the collapse of Silicon Valley Bank and Signature Bank.

13. Wall Street wobbles to a mixed close, and yields yo-yo after an inflation report - Friday, January 12, 2024

NEW YORK (AP) — Wall Street wobbled Thursday after an update on inflation raised questions about when the Federal Reserve could begin the cuts to interest rates that investors crave so much.

The S&P 500 slipped 3.21 points, or 0.1%, to 4,780.24 after swinging up and down a few times through the day. The Dow Jones Industrial Average rose 15.29, or less than 0.1%, to 37,711.02, and the Nasdaq composite edged up by 0.54, or less than 0.1%, to 14,970.19.

14. Big bank CEOs warn that new regulations may severely impact economy - Friday, December 1, 2023

NEW YORK (AP) — The heads of the nation's biggest banks say there are reasons to be concerned about the health of U.S. consumers — particularly poor and low-income borrowers — in their annual appearance in front of Congress on Wednesday.

15. Citigroup discriminated against Armenian Americans, federal regulator says; bank fined $25.9M - Friday, November 3, 2023

NEW YORK (AP) — Citigroup intentionally discriminated against Armenian Americans when they applied for credit cards, the Consumer Financial Protection Bureau said Wednesday.

The bureau said some bank employees argued internally that Armenian Americans were more likely to commit fraud and referred to applicants as "bad guys" or as affiliated with organized crime.

16. JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time' - Friday, October 13, 2023

NEW YORK (AP) — JPMorgan Chase's third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank's CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability.

17. Wall Street falls as the vise tightens from rising yields in the bond market - Friday, October 13, 2023

NEW YORK (AP) — U.S. stocks slipped Thursday after the clamps tightened on Wall Street from rising yields in the bond market.

The S&P 500 fell 27.34, or 0.6%, to 4,349.61. It was the first drop for the index in five days, breaking its longest winning streak since August.

18. Bank of America 2Q net income jumps 19%, extending rally for big banks - Friday, July 14, 2023

Bank of America said its profits grew 19% in its most recent quarter, the latest of the big banks to see its bottom line boosted by higher interest rates.

The nation's second-largest bank by assets said Tuesday that it posted a profit of $7.4 billion in the three months ended June 30, up from $6.2 billion in the same period a year earlier. On a per-share basis, BofA earned 88 cents, compared with 73 cents one year ago. Analysts were expecting profit of 84 cents per share, according to a poll by FactSet.

19. JPMorgan second quarter profit jumps 67% with a boost from First Republic takeover - Friday, July 14, 2023

JPMorgan's second-quarter profits rose by 67% as the nation's largest bank made more loans to customers, took advantage of higher interest rates, and got a boost from its recent acquisition of First Republic Bank.

20. Defense industry dollars flowed to a Democratic senator after he gained a key role on spending - Friday, June 23, 2023

WASHINGTON (AP) — As Democrat Jon Tester headed for a surprise victory in his 2006 U.S. Senate race, he attacked his incumbent Montana Republican rival's close ties to lobbyists and committed himself to a rigorous ethics standard.

21. Thinner paychecks for the few women who sit atop S&P 500 companies - Friday, May 26, 2023

NEW YORK (AP) — Last year was a mixed bag pay-wise for the women who run companies in the S&P 500 -- compensation increased for more than half of them, but the median pay package fell 6%.

Of the 343 CEOs in the compensation survey of S&P 500 companies done by the AP and Equilar, only 20 were women. Because they are a small group, changes in pay for only a few can easily skew the overall figures.

22. Army of lobbyists helped water down banking regulations - Friday, March 17, 2023

WASHINGTON (AP) — It seemed like a good idea at the time: Red-state Democrats facing grim reelection prospects would join forces with Republicans to slash bank regulations — demonstrating a willingness to work with President Donald Trump while bucking many in their party.

23. Pay transparency is spreading. Here's what you need to know - Friday, March 17, 2023

NEW YORK (AP) — U.S. employers are increasingly posting salary ranges for job openings, even in states where it's not required by law, according to analysts with several major job search websites.

Following new legislation in New York City, California, Washington, Colorado, and elsewhere, employers across the country are becoming more transparent about pay in order to stay competitive with companies in states that require employers to post salary ranges, experts say. A tight labor market and significant increase in remote work have also contributed to the rise.

24. Big banks create $30B rescue package for First Republic - Friday, March 17, 2023

NEW YORK (AP) — Eleven of the biggest banks in the country announced a $30 billion rescue package for First Republic Bank on Thursday, in an effort to prevent the California-based bank from becoming the third bank to fail in less than a week.

25. Government races to reassure US that banking system is safe - Friday, March 10, 2023

NEW YORK (AP) — Depositors withdrew savings and investors broadly sold off bank shares Monday as the federal government raced to reassure Americans that the banking system was secure after two bank failures fed fears that more financial institutions could fall.

26. Banks feel sting of Fed fight against inflation - Friday, March 10, 2023

The banking sector is in retreat, as it has been all week, as the effects of the Federal Reserve's fight against inflation begins to weigh heavily on a small number of banks that cater to the tech sector.

27. Deepening worries about high rates send Wall Street lower - Friday, March 10, 2023

NEW YORK (AP) — Stocks stumbled on Wall Street Thursday and added to the week's losses as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation.

28. Rep. George Santos under investigation by House Ethics panel - Friday, March 3, 2023

WASHINGTON (AP) — The House Ethics Committee announced Thursday it is launching an investigation into embattled Republican Rep. George Santos, the New York congressman whose lies and embellishments about his resume and personal life have drawn deep scrutiny.

29. Santos probe sought by Democrats over House ethics - Friday, January 6, 2023

WASHINGTON (AP) — The House Ethics Committee was asked Tuesday to investigate Rep. George Santos, the newly-elected Republican from New York who has admitted to lying about his job experience, college education and even family heritage, and now faces questions about his campaign financial disclosures.

30. NY Rep.-elect Santos admits lying about career, college - Friday, December 23, 2022

WASHINGTON (AP) — Rep.-elect George Santos, R-N.Y., admitted Monday that he lied about his job experience and college education during his successful campaign for a seat in the U.S. House.

31. Political spat over climate risks in investments gets hotter - Friday, October 28, 2022

ST. PAUL, Minn. (AP) — The political fight is only getting fiercer over whether it's financially wise or "woke" folly to consider a company's impact on climate change, workers' rights and other issues when making investments.

32. AmEx profits up 3%, but still sets cash aside for downturn - Friday, October 21, 2022

NEW YORK (AP) — American Express profits rose a modest 3% in the third quarter despite a significant rise in spending by cardmembers.

Revenue surged 24% to $13.56 billion, but profit its being curbed as the credit card giant sets aside hundreds of millions of dollars to cover potential credit losses in a volatile global economy.

33. BofA profits fall as bank sets aside money for downturn - Friday, October 14, 2022

NEW YORK (AP) — Bank of America's profits fell by 8% in the third quarter as the bank set aside cash to cover potential loan losses. It's the latest bank to start socking away money for a potential recession, as Wall Street's biggest banks have become increasingly gloomy on the U.S. economy going into the winter.

34. Bank CEOs increasingly turning pessimistic on economy - Friday, October 14, 2022

NEW YORK (AP) — The outlook for the U.S. economy from Wall Street's biggest banks is getting gloomier, with many top executives saying they're preparing for a potential downturn or a recession.

Following the short but potent pandemic recession in 2020, many bank CEOs have spent the past year and a half trumpeting the strength of the U.S. economy and the resilience of the U.S. consumer. Many did so again Friday after reporting their quarterly results, but this time with an overriding sense of caution.

35. Wall Street ends mostly lower after another volatile day - Friday, October 7, 2022

Stocks ended mostly lower after an afternoon hiccup on Wall Street as trading remains unsettled ahead of key reports on inflation and corporate earnings. The S&P 500 fell 0.7% after wavering down, up, then back down again. The Nasdaq fell 1.1% and the Dow ended just barely in the green. The S&P 500 marked its fifth straight loss as worries grow that a recession may be looming. The International Monetary Fund, a global lending agency, further stoked those fears when it cut its forecast for global growth next year to 2.7%, down from the 2.9% it estimated in July.

36. Bank CEOs questioned on consumer protections, social issues - Friday, September 23, 2022

NEW YORK (AP) — The CEOs of the nation's biggest banks returned to Capitol Hill for a second day Thursday, and Senate Democrats strongly urged them to do more to help and protect their customers, while Republicans questioned whether banks should weigh in on hot-button social issues.

37. Bank CEOs warn of 'daunting' challenges from inflation - Friday, September 16, 2022

WASHINGTON (AP) — In what has become an annual ritual, the CEOs of the major U.S. banks appeared in front of Congress on Wednesday to sell themselves as shepherds of a helpful industry at a time of financial and economic distress for many Americans.

38. Wall Street CEOs appear on Capitol Hill as election looms - Friday, September 16, 2022

WASHINGTON (AP) — In what has become an annual ritual, the CEOs of the major U.S. banks appeared in front of Congress on Wednesday to sell themselves as shepherds of a helpful industry at a time of financial and economic distress for many Americans.

39. Earnings slide ongoing for banks; BofA Q2 profit dips 32% - Friday, July 15, 2022

NEW YORK (AP) — Bank of America's second quarter profits fell 32%, the latest major U.S. bank to report a dip in earnings after a strong 2021.

A better reflection of performance at the country's second largest bank this quarter was revenue, which increased from $21.5 billion, to $22.7 billion year over year, largely due to higher interest rates and an increased level of lending.

40. Stocks end higher on Wall Street, still down for the week - Friday, July 15, 2022

Stocks closed higher Wall Street Friday following some encouraging economic data on consumer sentiment and inflation expectations.

The gains weren't enough to pull major indexes out of the red for the week, however, following worrisome reports on high prices facing consumers and businesses.

41. Stocks fall as JPMorgan warning helps send banks lower - Friday, July 15, 2022

NEW YORK (AP) — Stocks closed broadly lower on Wall Street Thursday as JPMorgan Chase opened the latest round of corporate earnings for big banks with weak results and a warning about the economy.

Wall Street is also assessing the latest government reports showing that inflation remains hot and shows no signs of cooling, even as central banks try to loosen its grip on businesses and consumers by hiking interest rates.

42. Stocks end lower as Wall Street braces for big hike in rates - Friday, July 8, 2022

Stocks capped another shaky day on Wall Street with more losses Wednesday, after a highly anticipated report on inflation turned out to be even worse than expected.

The S&P 500 ended 0.4% lower, its fourth consecutive drop, after tumbling as much as 1.6% earlier. The Dow Jones Industrial Average fell 0.7%, while the Nasdaq composite dropped 0.2%, erasing nearly all of an early 2.1% loss.

43. US stocks slide as earnings reports for companies begin - Friday, July 8, 2022

Stocks shed early gains and ended broadly lower on Wall Street Tuesday as investors brace for a big week of news on inflation and company earnings reports.

The S&P 500 fell 0.9%, extending its losing streak to a third consecutive day. All of the benchmark index's 11 company sectors closed in the red.

44. Stocks slump on Wall Street amid recession, rate worries - Friday, July 8, 2022

NEW YORK (AP) — Wall Street got back to slumping Monday to kick off a week full of updates about how bad inflation is and how corporate profits are handling it.

The S&P 500 fell 1.2% and gave up the majority of its gains from the prior week. The Dow Jones Industrial Average slipped 0.5%, and the Nasdaq composite dropped 2.3%.

45. Be careful sharing your political views in workplace - Friday, July 1, 2022

Have you ever had a close family member die? Sometimes the pain of the loss is so great that it’s hard to even say to another person, “My grandfather died.” It makes it real. And, it makes it more painful.

46. Female CEO's pay rose 26% in 2021, but ranks remain small - Friday, May 27, 2022

NEW YORK (AP) — Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared.

Median pay for the women occupying the corner office rose to nearly $16 million, according to the annual survey done by Equilar for The Associated Press. Still, experts say there's much more to be done to improve gender diversity in the corporate ranks and close the pay gap between men and women.

47. US to end Russia's ability to pay international investors - Friday, May 20, 2022

WASHINGTON (AP) — The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.

48. Buffett's firm reveals new stakes in Paramount, Citigroup - Friday, May 13, 2022

OMAHA, Neb. (AP) — Warren Buffett's company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks.

But Buffett had already shared the biggest investments with Berkshire Hathaway shareholders at the company's recent annual meeting. That means investors already knew that he had invested heavily in Chevron, Occidental Petroleum and HP Inc. during the quarter, while picking up nearly 4 million more Apple shares and betting that Microsoft's acquisition of Activision Blizzard will go through.

49. Starbucks will cover travel for workers seeking abortions - Friday, May 13, 2022

Starbucks said Monday it will pay the travel expenses for U.S. employees to access abortion and gender-confirmation procedures if those services aren't available within 100 milof a worker's home.

The Seattle coffee giant said it will also make the travel benefit available to the dependents of employees who are enrolled in Starbucks' health care plan. Starbucks has 240,000 U.S. employees but the company didn't say what percentage of them are enrolled in the its health care plan.

50. Bank of America Q1 profits fall 12%, much less than rivals - Friday, April 15, 2022

NEW YORK (AP) — Bank of America posted a 12% decline in first-quarter profits from a year earlier, a decline that was much less than the ones its rivals had reported the previous week. The nation's second-largest bank was helped by higher net interest income and no noticeable exposure to Russian assets.

51. US stocks fall; investors eye Elon Musk's offer for Twitter - Friday, April 15, 2022

NEW YORK (AP) — Stocks are closing lower on Wall Street Thursday as investors gave mixed reviews to earnings from four of the nation's largest banks. The S&P 500 fell 1.2% and ended a shortened trading week with a decline of more than 2%. The yield on the 10-year Treasury rose to 2.83% as inflation worries continue to overhang the markets. Investors again turned their attention to the drama surrounding Tesla CEO Elon Musk and Twitter. Musk offered to buy the social media company for $54.20 a share, two weeks after revealing he'd accumulated a 9% stake. The Commerce Department said retail sales rose 0.5% in March.

52. Big bank profits decline as deal-making, mortgages slow - Friday, April 15, 2022

NEW YORK (AP) — Four big banks reported noticeable declines in their first-quarter profits Thursday, as the volatile markets and war in Ukraine caused deal-making to dry up while a slowdown in the housing market meant fewer people sought to get a new mortgage or refinance.

53. JPMorgan profits drop 42%, bank writes off Russian assets - Friday, April 8, 2022

NEW YORK (AP) — JPMorgan Chase said its first quarter profits dropped by 42% from last year, partly because the bank wrote down nearly $1.5 billion in assets due to higher inflation and the Russian-Ukrainian War.

54. Yelp to cover travel expenses for workers seeking abortions - Friday, April 8, 2022

SAN FRANCISCO (AP) — Yelp will cover the travel expenses of employees who must travel out of state for abortions, joining the ranks of major employers trying to help workers affected by new restrictions in Texas and other states.

55. Not all Western companies sever ties to Russia over Ukraine - Friday, March 11, 2022

A shrinking number of well-known companies are still doing business in Russia, even as hundreds have announced plans to curtail ties.

Burger King restaurants are open, Eli Lilly is supplying drugs, and PepsiCo is selling milk and baby food, but no more soda.

56. Russia-Ukraine war: Key developments in the ongoing conflict - Friday, March 11, 2022

Russia's two-week-long war in Ukraine has killed thousands of people and forced more than 2 million others to flee the country, shaking the foundations of European security. Across Ukraine, civilians trapped in besieged or destroyed areas are suffering from electricity outages and shortages of food, medicines and other vital services.

57. Apple investors urge company to undergo civil rights audit - Friday, March 4, 2022

SAN RAMON, Calif. (AP) — Apple's shareholders have approved a proposal urging the iPhone maker to undergo an independent audit assessing its treatment of female and minority employees, delivering a rare rebuke to a management team that runs the world's most valuable company.

58. Indexes end mostly higher, but still log another losing week - Friday, January 14, 2022

A late-afternoon recovery in technology stocks helped erase most of the market's losses Friday, though it wasn't enough to keep major indexes from posting their second straight losing week.

The S&P 500 eked out a 0.1% gain in the final minutes of trading after having been down about 1% earlier in the day. The tech-heavy Nasdaq came back from a 0.8% slide to post a 0.6% gain. The Dow Jones Industrial Average fell 0.6%.

59. Bank profits soared in 2021, but inflation is front of mind - Friday, January 14, 2022

NEW YORK (AP) — Three of the nation's biggest banks reported blowout profits for 2021 on Friday, helped by the improving economy and consumers and businesses willing to spend and take on loans.

But Inflation is clouding the outlook for 2022, based on comments from bank executives to reporters and industry analysts. They foresee higher inflation this year and are faced with higher costs for compensation as the banks compete for talent and employees. Wall Street could hear similar comments in the next few weeks as the rest of Corporate America releases results and shares its outlook for the upcoming year.

60. 'Buy now, pay later' catches on just in time for holidays - Friday, November 26, 2021

SAN FRANCISCO (AP) — As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments.

Fueled by several hot Silicon Valley startups as well as a push by the big credit card companies, "buy now, pay later" is now available for purchasing a $1,500 Peloton exercise bicycle as well as a $60 floral bouquet. Thousands of retailers, big and small, often have an option on their websites to pay for a purchase in installments at checkout. In the case of credit cards, customers are being allowed to create fixed payment plans days or even a few weeks after the purchase.

61. Report: Struggling Chinese developer makes bond payment - Friday, October 22, 2021

BEIJING (AP) — A troubled Chinese developer whose struggle to avoid a multibillion-dollar debt default has rattled global financial markets wired $83.5 million on Friday to make an overdue payment to foreign bondholders, a government newspaper reported.

62. Nashville law firms announce merger - Friday, October 22, 2021

MTR Family Law, PLLC, is merging with Gullett, Sanford, Robinson & Martin, PLLC, and establishing the new Family Law Practice Group of GSRM, effective Jan. 1.

“We feel privileged to combine two long-standing, Nashville-based law firms who share similar values, commitment to client service, and investment in the Nashville community,” says Phillip P. Welty, managing member, GSRM Law. “Our combined resources and experience will benefit our clients significantly. MTR Family Law has an excellent reputation. It is a win for all.”

63. Goldman Sachs' profits jump 60% helped by deal-making frenzy - Friday, October 15, 2021

NEW YORK (AP) — Goldman Sachs' profits jumped 60% in the third quarter, as the deal-making bonanza that dominated financial markets this summer brought in hundreds of millions of dollars in fee revenue for the investment bank.

64. Bank profits soar, helped by merger frenzy, fewer bad loans - Friday, October 15, 2021

NEW YORK (AP) — It's good to be a bank right now.

Four of the largest U.S. banks said their profits grew by double-digits last quarter, as a healthier U.S. economy has helped reduce the number of loans in default or that the bank won't likely recoup. The results for Citigroup, Bank of America, Wells Fargo and Morgan Stanley also show that all four benefitted from various one-time boosts to their profits.

65. Modest gain breaks a 3-day losing streak for S&P 500 index - Friday, October 8, 2021

Major U.S. stock indexes closed mostly higher Thursday, snapping a three-day losing streak for the S&P 500 despite another choppy day of trading.

The benchmark index rose 0.3% after having been down 0.5% in the early going. It's still on pace for a 0.6% weekly loss. The Dow Jones Industrial Average ended flat, while the Nasdaq rose 0.7%.

66. Who’s paying for COVID? All of us - Friday, October 15, 2021

We are tired. We locked ourselves down in March 2020 and waited almost a year for a lifesaving vaccine. We got our one or two doses (depending on the vaccine brand) as soon as we could. We stayed masked up and social distanced even after our jabs.

67. Stocks fall after Kabul bombing; traders also wait for Fed - Friday, August 27, 2021

Technology and communication companies led a broad sell-off on Wall Street Thursday following deadly suicide attacks at the Kabul airport in Afghanistan.

The S&P 500 fell 0.6% a day after capping a five-day winning streak with an all-time high. The Dow Jones Industrial Average fell 0.5%, while the Nasdaq composite lost 0.6%. Despite the losses, the three major indexes are on track for weekly gains.

68. Dollar General thrives despite ‘retail apocalypse' - Friday, August 20, 2021

Don’t blink! You might miss the grand opening of another Dollar General store. OK, that’s an exaggeration. But not by much.

In the 14 years since an investment group purchased the family owned business and took it public again two years later, the Goodlettsville-based chain has added nearly 10,000 stores to boast more retail locations than any other company in the United States – quickly closing on 18,000 stores in 46 states.

69. Citigroup profits soar due to fewer bad loans - Friday, July 9, 2021

NEW YORK (AP) — Citigroup profits jumped more than five fold from a year earlier, helped by an improving economy that resulted in fewer bad loans on the bank's balance sheet.

Citi is the latest big bank to see profits soar this quarter, along with JPMorgan Chase, Bank of America and Goldman Sachs. All of them got a one-time boost to their bottom lines because they were able to reverse some of the billions of dollars set aside last year to guard against customer defaults.

70. Stock indexes notch more records ahead of earnings reports - Friday, July 9, 2021

Banks led stocks to modest gains on Wall Street Monday, nudging the major stock indexes to more record highs ahead of a busy week of corporate earnings reports from big U.S. companies.

The S&P 500 gained 0.3% after bouncing back from an early stumble. The benchmark index, which has notched three straight weekly gains, hit a new high, as did the Dow Jones Industrial Average and Nasdaq composite. The indexes have managed multiple new highs despite choppy trading in recent weeks.

71. Stocks close higher, capping a 3rd consecutive week of gains - Friday, July 9, 2021

Stocks closed with solid gains on Wall Street Friday, ending a holiday-shortened week with their third straight weekly gain.

The S&P 500 rose 1.1% to another record high, led by banks and technology stocks.

72. All big banks pass latest Federal Reserve 'stress tests' - Friday, June 25, 2021

NEW YORK (AP) — All 23 of the nation's biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday as it released the results from its latest "stress tests," giving the banks the green light to resume paying out dividends to investors and buying back stock.

73. Kirkland installed as TMA president - Friday, June 4, 2021

Dr. Ronald “Ron” H. Kirkland, a board-certified otolaryngologist from Jackson, has been installed as the 167th president of the Tennessee Medical Association, the statewide professional association for more than 9,500 member physicians and their patients.

74. Bank CEOs tell Congress they'll work to avoid foreclosures - Friday, May 28, 2021

WASHINGTON (AP) — The chief executives of the nation's largest banks went in front of Congress for a second day Thursday, facing questions ranging from bitcoin to their efforts to keep Americans in their homes after government aid to pandemic-hit mortgage holders expires this summer.

75. Bank CEOs return to Congress at time of deep partisan divide - Friday, May 21, 2021

WASHINGTON (AP) — The CEOs of the biggest banks went before Congress on Wednesday with plans to discuss how helpful Wall Street was for borrowers and businesses during the pandemic. Senators, reflecting the deep partisan divide between Democrats and Republicans, spent much of the hearing wanting to talk about political hot button issues like climate change, guns and voting rights.

76. Citigroup profit triples in 1Q, tops estimates; revenue down - Friday, April 16, 2021

NEW YORK (AP) — Citigroup's profits more than tripled in the first quarter, the banking conglomerate said Thursday, helped by the release of billions of dollars from its loan-loss reserves.

The New York-based company said it earned a profit of $7.94 billion, or $3.62 per share, compared to a profit of $2.54 billion, or $1.06 a share, in the same period a year earlier. The bank's profits were well above the $2.60 per share that analysts had been looking for, according to FactSet.

77. Stocks end slightly below latest record highs as tech slips - Friday, April 9, 2021

Stocks ended just below the latest record highs they hit last week as technology companies slipped.

The S&P 500 edged down less than 0.1% Monday and the tech-heavy Nasdaq gave up 0.4%.

Investors are continuing to focus on the economic recovery as well as concerns about inflation and rising bond yields.

78. Wall Street closing lower; bank stocks fall - Friday, March 19, 2021

Wall Street closed out a choppy week of trading Friday with major stock indexes mostly lower and all finishing in the red for the week.

The S&P 500 ended 0.1% lower after reversing a small gain. The benchmark index, which hit an all-time high on Wednesday, posted its first weekly decline in three weeks. Losses by banks, industrial companies and technology stocks weighed on the market. They offset gains in companies that rely on consumer spending, health care and other sectors.

79. Stocks extend gains for fifth day, led by technology shares - Friday, March 12, 2021

Stocks shook off an early stumble and closed broadly higher Monday, nudging some of the major U.S. indexes to more all-time highs as the market added to its recent string of gains.

The S&P 500 rose 0.7% after having been down 0.5% in the early going, extending its winning streak to a fifth day. Technology stocks, airlines, cruise operators and other companies that rely on consumer spending helped lift the market. Banks and energy stocks were the only laggards.

80. Stocks rally on Wall Street, S&P 500 has best day since June - Friday, February 26, 2021

Wall Street kicked off March with a broad rally Monday that sent the Dow Jones Industrial Average more than 600 points higher and gave the S&P 500 its best day in nine months.

The S&P 500 climbed 2.4%, clawing back nearly all of its losses from last week. More than 90% of the stocks in the benchmark index rose, with technology, financial and industrial companies powering a big share of the S&P 500's gains. Small company stocks also had a strong showing as they continue to outpace the broader market this year.

81. Goldman Sachs' profits more than double, despite pandemic - Friday, January 15, 2021

NEW YORK (AP) — Goldman Sachs said its profits more than doubled from a year earlier thanks to a surge in both trading and advising revenue.

The New York-based investment bank said it earned a profit of $4.36 billion, or $12.08 per share, up from a profit of $1.72 billion, or $4.69 a share, in the same period a year earlier. The earnings were significantly better than the $7.45-per-share profit that analysts were expecting.

82. Yellen pushes GOP senators on $1.9 trillion relief package - Friday, January 15, 2021

WASHINGTON (AP) — Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.9 trillion pandemic relief plan, rejecting Republican arguments that the measure is too big given the size of U.S. budget deficits.

83. Stocks fall as economic pain deepens, rally runs out of gas - Friday, January 15, 2021

NEW YORK (AP) — Wall Street closed out its first losing week in three with another drop on Friday after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline.

84. Wall Street distances itself from Trump, GOP after riots - Friday, January 8, 2021

CHARLOTTE, N.C. (AP) — A growing number of Wall Street banks and businesses have cut ties with President Donald Trump's campaign and financial arms, as well as the broader Republican Party, following last week's riots and insurrection at the U.S. Capitol.

85. Pelosi says House will impeach Trump, pushes VP to oust him - Friday, January 8, 2021

WASHINGTON (AP) — House Speaker Nancy Pelosi says the House will proceed with legislation to impeach President Donald Trump as she pushes the vice president and the Cabinet to invoke constitutional authority to force him out, warning that Trump is a threat to democracy after the deadly assault on the Capitol.

86. Businesses rethink political donations after Capitol siege - Friday, January 8, 2021

Businesses are rethinking political contributions in the wake of the deadly Capitol siege by President Donald Trump's supporters on Wednesday.

Citigroup confirmed Sunday that it is pausing all federal political donations for the first three months of the year. Others, like Marriott, are only stopping donations to the 147 Republicans who opposed certifying President-elect Joe Biden's election.

87. Americans can pay their credit card bills, but for how long? - Friday, December 4, 2020

NEW YORK (AP) — The coronavirus pandemic hasn't stopped Americans from keeping up with their credit card payments, thanks in large part to government relief programs passed by Congress earlier this year.

88. Bank of America profit falls 15.6% in third quarter - Friday, October 9, 2020

CHARLOTTE, N.C. (AP) — Consumer banking giant Bank of America says third-quarter profit declined 15.6% from a year earlier, but saw less need to put aside money to cover potentially bad loans, citing improvements in the U.S. economy.

89. JPMorgan puts $30B toward fixing banking's 'systemic racism' - Friday, October 9, 2020

CHARLOTTE, N.C. (AP) — JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls "systemic racism" in the country's economic system.

90. Facebook says it will ban groups that openly support QAnon - Friday, October 2, 2020

OAKLAND, Calif. (AP) — Facebook said it will ban groups that openly support QAnon, the baseless conspiracy theory that paints President Donald Trump as a secret warrior against a supposed child-trafficking ring run by celebrities and "deep state" government officials.

91. Jane Fraser to become Citi CEO; 1st woman to lead major bank - Friday, September 11, 2020

NEW YORK (AP) — Citigroup's Jane Fraser will become the first woman to ever lead a Wall Street bank when she succeeds CEO Michael Corbat in February.

92. Jane Fraser to become Citi CEO; 1st woman to lead major bank - Friday, September 4, 2020

NEW YORK (AP) — Citigroup's Jane Fraser will become the first woman to ever lead a Wall Street bank when she succeeds CEO Michael Corbat in February.

93. Tesla announces plans to sell up to $5B in new stock shares - Friday, August 28, 2020

DETROIT (AP) — A day after its 5-for-1 stock split took effect, Tesla is announcing plans to sell up to $5 billion worth of common shares.

The electric car and solar panel maker says in a filing with securities regulators that it intends to sell up to 10.03 million shares and use the proceeds for unspecified general corporate purposes.

94. AP FACT CHECK: Trump's baseless claim of 'deep state' at FDA - Friday, August 21, 2020

WASHINGTON (AP) — President Donald Trump is leveling unfounded attacks on his Food and Drug Administration and distorting the science on effective treatments for COVID-19.

Heading this week into the Republican National Convention, he asserted that the agency is slow-walking vaccines and treatments for the coronavirus in a bid to undermine his November reelection effort. There's no evidence of that, and one of his former FDA commissioners on Sunday rejected the accusation as groundless.

95. AP FACT CHECK: Trump's flawed justification for postal cuts - Friday, August 14, 2020

WASHINGTON (AP) — President Donald Trump is misrepresenting the U.S. Postal Service's financial problems as his postmaster general defends cuts that have slowed mail delivery in advance of the November election.

96. Wall Street slides, but tech strength helps avert a big loss - Friday, July 31, 2020

NEW YORK (AP) — Most of Wall Street stumbled Thursday, but yet another rise for big technology stocks helped keep the market's losses in check.

The S&P 500 dropped 12.22 points, or 0.4%, to 3,246.22, with nearly three out of four stocks in the index falling. Among the hardest-hit were oil producers, banks and other companies that most need the economy to pull out of its recession. Treasury yields also sank in a sign of increased pessimism about the economy.

97. Bank of America sees recessionary impacts 'deep into 2022' - Friday, July 17, 2020

NEW YORK (AP) — Bank of America's second-quarter profits were sawed in half and the consumer banking giant set aside billions of dollars to cover potentially bad loans caused by the coronavirus pandemic.

98. Wall Street rebounds after yet another yo-yo day of trading - Friday, July 10, 2020

NEW YORK (AP) — Wall Street rebounded on Tuesday, and the S&P 500 more than made up all its losses from the day before, after stocks pinballed through another day of erratic trading.

The S&P 500 climbed 1.3%, led by energy producers and other companies whose profits would benefit greatly from a strengthening economy. It was a sharp turnaround from the morning, when the index was down 0.9%, and from Monday's last-hour slide after California shut bars and reinstated other restrictions amid a jump in coronavirus counts.

99. Banks set aside billions, bracing for more economic pain - Friday, July 10, 2020

NEW YORK (AP) — With tens of millions of Americans out of work and many businesses shut down or operating under restrictions due to the coronavirus, three of the nation's biggest banks set aside nearly $30 billion in the second quarter to cover potentially bad loans that were fine only a few months ago.

100. China's trade rises as economy recovers from virus slump - Friday, July 10, 2020

BEIJING (AP) — China's trade improved in June in a fresh sign the world's second-largest economy is recovering from the coronavirus pandemic. But its exporters face threats including tension with Washington and a possible downturn in U.S. and European demand.