Former President Donald Trump has voiced his disapproval of Federal Reserve chair Jerome Powell's handling of the economy.
Finance/Venture
Former Ron DeSantis Wall Street Fundraiser Shifts Focus to Donald Trump's Campaign, Aiming to Raise Over $3 Million
Former Wall Street executive Omeed Malik, known for his involvement in fundraising for Florida Governor Ron DeSantis, is now redirecting his efforts towards supporting former President Donald Trump's presidential campaign.
Goldman Sachs Reportedly Under Investigation Over Fees Charged for Futures Trading
Goldman Sachs is reportedly facing an investigation over fees it charges for futures trading. Goldman Sachs Group Inc. is reportedly facing an investigation over fees it charges for futures trading.
Federal Reserve Shifts to Cautious Approach, Signals No Rush to Cut US Interest Rates
The Federal Reserve has indicated a cautious approach towards cutting US interest rates. The Federal Reserve has indicated a cautious approach towards cutting US interest rates.
How SLM Holdings, the New Fintech Startup, Is Shaking Up Chicago's Tech Scene
Based in the heart of Chicago, Battles, Larry, and Stone are building a fintech company specializing in cash management products and payment services tailored for the retail banking industry. The trio's fintech company, established in 2021 and currently operating in stealth under the guise of their private entity, leverages artificial intelligence and emerging technologies to streamline the migration of physical currencies to digital platforms.
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Companies purchasing back more of their own shares are expected to boost US stocks this year. It is projected that the upward trend that brought the stock market in the United States to an all-time high this year will have another major driver: companies purchasing back more of their own shares.
This week has been so brutal for China's stock market. This week has been so brutal for China's stock market. The stocks plummeted in the last hours of trading on Friday, sending investors into a state of fear as the Chinese stocks closed at a level not seen in years.
PayPal has announced its plan to cut its global workforce by 9% or about 2,500 jobs this year. PayPal is planning to cut its global workforce by 9% or about 2,500 jobs this year, according to its CEO Alex Chriss.
The state of New York has filed a lawsuit against Citibank for its alleged failure to protect customers from electronic fraud and to reimburse victims for millions of dollars in losses.
The Bank of England fined HSBC £57.4 million ($72.8 million) for "serious failings" in customer money protection.
Microsoft briefly achieved a market capitalization exceeding $3 trillion during intraday trading on Wednesday.
The European Union (EU) is unlikely to seize the frozen assets of the Russian central bank in Europe, according to senior EU officials.
China's state-owned banks have reportedly interfered to prevent the Chinese yuan from falling quickly.
Amer Sports, the maker of Wilson tennis rackets, is targeting an up to $8.7 billion valuation for its upcoming US initial public offering (IPO).
