JPMorgan, Citigroup and Other Big Banks See Profits Drop

JPMorgan, Citigroup and Other Big Banks See Profits Drop

Lenders foresee economic “headwinds,” but household spending is mostly holding up, buffering profits from turmoil in financial markets.
Andrew Bailey Battles Inflation Amid Britain’s Financial Storm

Andrew Bailey Battles Inflation Amid Britain’s Financial Storm

Andrew Bailey, the Bank of England chief, is trying to calm markets, wrestle inflation and maintain the bank’s credibility amid Britain’s financial storm.