Finance/Venture

Bank of America Shares 4% Rise in Q2 After Announcing Net Interest Income Rebound Imminent

Bank of America Shares 4% Rise in Q2 After Announcing Net Interest Income Rebound Imminent

Bank of America recently announced that its second-quarter revenue and profit from investment banking and asset management fees exceeded Wall Street expectations.


Gun and Prison Stocks Gain as Trump’s Election Odds Improve Post-Rally Incident

Following an assassination attempt at a Donald Trump rally, cryptocurrency, gun, and prison stocks surged in premarket trading on Monday, with Trump Media & Technology Group up 67%.

JPMorgan Chase Aims to Attract 15% of US Consumer Deposits, Expand Credit Card Share

JPMorgan Chase is reportedly striving to amass 15% of US consumer deposits and expand its credit card share.

Archegos Founder Bill Hwang Found Guilty of Securities Fraud

Defunct hedge fund firm Archegos Capital Management founder Bill Hwang has been found guilty of securities and market manipulation fraud which prosecutors claimed cost global investment banks billions.


Latest News

Credit Scores Can Also Be an Early Warning Sign of Cognitive Decline, Research Finds
A new study found that credit scores, which measure a person's capacity to pay back loans, may also serve as an early indicator of cognitive deterioration.
Citi to End Operations in Haiti After 50 Years
Citi has decided to end its operations in Haiti, concluding more than 50 years of presence in the country.
UK Card Spending Drops for First Time Since 2021, Barclays Says
Spending on credit and debit cards decreased last month, marking the first monthly decline since February 2021, according to the June statistics released by London-based Barclays bank.
Bitcoin Drops As Mt. Gox Starts Repaying Creditors $9 Billion After 10-Year Bankruptcy
Bitcoin dropped 5.2% to $54,313 due to concerns over Mt. Gox's $8-9 billion Bitcoin repayment and other market sentiments that have contributed to increasing market supply and volatility.
Donald Trump's Son Eric Trump to Pursue More Gulf Deals Amid His Father’s Re-Election Bid
Eric Trump has reportedly revealed the Trump Organization's intentions to expand its real estate and hospitality ventures in the Middle East, even as his father, former President Donald Trump, seeks re-election.
Dow Jones Industrial Average Opens Week Rising Over 200 Points
In 2023, Millennials topped the list for average savings by generation, followed by Gen Z, with Baby Boomers holding the largest total savings across generations.
How to Consolidate Credit Card Debt: 5 Steps to Improve Financial Wellness
Managing credit card debt can become overwhelming, but there are practical steps you can take to reduce financial strain.
Elon Musk vs. Bill Gates: How the Feud Between the 2 Billionaires Started
Here's how Elon Musk and Bill Gates' feud started. Elon Musk and Bill Gates, two of the tech world's most prominent figures, have been engaged in a public feud that has captured significant attention.
Second Donald Trump Presidency Would Cause Spike in Long-Term US Bond Yields, Edmond De Rothschild Investment Head Says
A second Donald Trump presidency could lead to a rise in long-term US Treasury yields, according to Edmond de Rothschild Asset Management's Chief Investment Officer Benjamin Melman.
Russia's Central Bank Encourages Businesses to Use Crypto to Evade Sanctions
Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners.
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