Citi must keep climate grants frozen for now: Appeals court

The New York megabank, which is stuck in the middle of a legal battle between climate groups and the Trump administration, had been ordered earlier this week to disburse billions of dollars in grants made during the Biden administration.

Ally leaves guidance unchanged amid auto tariff uncertainty

The auto lending specialist did not alter its financial guidance in the wake of President Trump’s 25% levies on imported vehicles. Ally posted a net loss of $225 million in the first three months of 2025 following a one-time balance sheet restructuring.