Banks will be shutting down on January 20, Inauguration Day, because of the Martin Luther King Jr. Day holiday.

Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio. Citigroup has far and away been the worst-performing large U.S. bank stock since the Great Recession and many investors have ditched the stock out of frustration.

Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services interruptions, hundreds of Citibank users had flagged issues related to their accounts as of midday.

In a report released today, Keith Horowitz from Citi maintained a Buy rating on Bank of America (BAC – Research Report). The company’s shares

Follow live coverage and analysis of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock.

JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday, while Bank of America (BAC) and Morgan Stanley (MS) release results on Thursday. RBC Capital markets analyst Gerard Cassidy joins Seana Smith and Brad Smith to discuss what investors can expect from Big Bank earnings.

January 20, 2025, marks a significant day in the United States as it honors Martin Luther King Jr. while witnessing the return of Donald Trump to the presidency.

The nation will honor Dr. Martin Luther King, Jr. on Monday as part of a National Day of Service to pay tribute to his legacy. The day is marked each year by a federal holiday when many businesses close.

Monday is Martin Luther King Day. Here's what to know about the businesses and services that are closed for the holiday in Arizona.

Inauguration day is always held on January 20, while MLK Day - which honors the civil rights leader - is marked on the third Monday of January each year.

The return of Donald Trump to the White House sets the scene for a wild ride on financial markets over the next four years. But how can investors protect themselves - or profit - from the turmoil?

The return of Donald Trump to the White House sets the scene for a wild ride on financial markets over the next four years. But how can investors protect themselves - or profit - from the turmoil?