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SpaceX Falcon 9 booster set to beat rocket turnaround record by a huge margin TeslaratiSpaceX Hopes to Launch And Land Starship No. 9 This Week ScienceAlertSpaceX will launch its 1st Starlink satellites of 2021 on Monday. Here's how to watch. Space.comModern space race set to take next 'small step' for humanity The Canberra TimesView Full Coverage on Google News
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 Knowing a thing or two about Social Security and when is best to claim benefits could improve your chances of having the retirement you desire.
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Landmark regulations will force asset managers to up their game on ESG but data gaps may hinder progress
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 This weekend's best Amazon deals to shop include the coveted Apple Watch Series 6, a pair of headphones from Sony and more—shop the sales.
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Despite awful obstacles, the stock market has performed remarkably well. But is it setting itself up for a fall?
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Citigroup Inc. said Friday it had net income of $4.6 billion, or $2.08 a share, in the fourth quarter, down from $5.0 billion, or $2.15 a share, in the year-earlier period. Revenue fell 10% to $16.5 billion from $18.4 billion. The FactSet consensus was for EPS of $1.34 and revenue of $16.7 billion. The revenue decline was due to lower revenues in global consumer banking, institutional clients group and corporate, the bank said in a statement. Net income fell due to lower revenue, higher costs and a higher tax rate, which was partly offset by lower cost of credit. Chief Executive Michael Corbat said full-year revenues were flat, despite the "massive economic impact of COVID-19." The bank had $676 billion in loans as of quarter end, down 3% from the year-earlier period. Deposits stood at $1.3 trillion, up 20%. Revenue from the global consumer banking business rose 11% to $4.7 billion. Revenue at the institutional clients group fell 1% to $9.3 billion, as treasury and trade solutions, investment banking and corporate banking revenue fell, offsetting strength in fixed income markets, equity markets and the private bank. Investment banking revenue fell 5% to $1.3 billion, as strong growth in equity underwriting was more than offset by lower revenue in M&A and debt underwriting. Equity underwriting revenue rose 83% to $438 million, while debt underwriting fell 16% to $617 million. Markets and securities revenues rose 13% to $4.5 billion, as fixed income markets revenue fell 7% to $3.1 billion and equity markets revenue rose 57% to $810 million. Corporate banking revenue were a negative $85 million, after positive $542 million a year ago. Citi shares fell 1.7% premarket, and have fallen 15% in the last 12 months, while the Dow Jones Industrial Average has gained 7%.
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