Citigroup releases first-quarter earnings | Fox Business

[ad_1] UBS Global Wealth Management portfolio manager Angie Newman discusses the market reaction amid trade tensions and gives advice to clients and investors. Citigroup beat Wall Street estimates for first-quarter profit on Tuesday as its traders reaped a windfall from volatile markets that fueled client activity. The third-largest U.S. lender’s earnings echoed those of Wall…

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LVMH says Sephora sales are slowing down in the U.S. because Amazon is ‘very aggressive’ in lowering prices ‘and we try to avoid this technique’

[ad_1] LVMH reported its first-quarter earnings of 2025 Monday, and Sephora was a notable weak point for the luxury conglomerate’s U.S. presence—even though the fashion brand is performing well globally. While U.S. demand for jewelry, leather, and fashion “remained well oriented and accelerated modestly” compared to the back half of 2024, “Sephora on the other…

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Warren Buffett’s son traded his inheritance for time — a fortune that would be worth $500 million today

[ad_1] Peter Buffett, the youngest son of billionaire investor Warren Buffett, sold his Berkshire Hathaway inheritance in 1977—then worth $90,000—to pursue a career in music. The decision, made at age 19, cost him a fortune that would be worth over $500 million today, but gave him what he describes as “something infinitely more valuable”: time….

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