Citigroup (C) says credit card spend by clients is up 5%

Citigroup's reported 5% increase in credit card spending is a positive indicator of consumer confidence and economic activity.

Newsquawk StaffPublished 14 Jan 2026, 14:19 UTCOn the live feed at 13:59 UTC — 9 more headlines followed before this page went public

Newsquawk headlinesUTC

14:01

Microsoft's (MSFT) spending on Anthropic AI is on pace to hit USD 500mln, The Information reports

14:00

GlobalFoundaries (GFS) has entered into a definitive agreement to acquire Synopsys' (SNPS) ARC Processor IP Solutions

13:59

Citigroup (C) says credit card spend by clients is up 5%

13:52

Citi (C) CFO says they cannot support a credit card interest rate cap. Such a cap would have a detrimental impact on the economy and restrict access to credit - conference call

13:46

Daily US Equity Opening News - WFC slips after earnings miss, C & BAC beat; NFLX mulls all-cash bid for WBD

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

This uptick suggests robust demand, which could reflect favorably on their earnings outlook and potentially lift banking sector sentiment, as increased spending often correlates with higher transaction volumes and fee income for banks.

All markets · last 90 days

Recent headlines that moved markets

FX/9 Sept · 15:01 UTC

US Treasury Buyback: Treasury to buy back a maximum of USD 6bln in 10-20year Treasuries on Thursday (vs guidance for at least USD 4bln).

USD/JPY, after we published+0.4%

USD/JPY rose over 50 pips as DXY strengthened.

ENERGY/8 Sept · 19:50 UTC

Iran launched an attack against US Navy ships on Monday that the US military has yet to acknowledge, WSJ reports, citing US officials.

Brent crude, after we published+0.8%

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.