JPMorgan Chase to Pay a Civil Penalty of $100 Million Over Trade Reporting Gaps

JPMorgan Chase to Pay a Civil Penalty of $100 Million Over Trade Reporting Gaps

JPMorgan Chase is expected to reach a resolution with a third US regulator that will require the bank to pay a civil penalty of $100 million.


Microsoft's Investment in OpenAI Was Sparked by Fears of Google's AI Dominance: Report

Microsoft's decision to invest in OpenAI stemmed from concerns about lagging behind Google in AI capabilities

Microsoft Urges to Invest $1.7 Billion to Develop AI, Cloud Infrastructure in Indonesia

Microsoft announced Tuesday that it will invest $1.7 billion in Indonesia over the next four years to construct new cloud and AI infrastructure.

Goldman Sachs, Barclays Reportedly Compete to Acquire General Motors' Credit Card Business

Goldman Sachs and Barclays are reportedly vying to acquire General Motors' credit card business.


Latest News

Mark Zuckerberg seeks investor patience as Meta continuously pushes for AI projects, despite warnings and premarket stock decline fueled by increased spending and slower sales growth.
 Facebook, Instagram Parent Company Meta Shares Tumble Amid Continued Push Into AI Development
Wall Street was alarmed by Meta's aggressive drive into AI development, despite the technology company's first-quarter earnings and revenues increasing 27% to $36.46 billion
Former President Trump Holds Campaign Rally In North Charleston, South Carolina
Donald Trump, who owns 60% of Trump Media with 78.75 million shares, will get the bonus because the stock stayed above $17.50 per share for 20 out of 30 days.
SEC
The SEC is illegally collecting data on all US stock market investors, according to a new lawsuit. The U. S. Securities and Exchange Commission seal hangs on the facade of its building September 18, 2008 in Washington, DC.
Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days
Trump Media shares closed almost 26% higher on Thursday. Trump Media shares surged by almost 26% on Thursday, marking a second consecutive day of strong gains for the company behind the Truth Social app.
Tinder for Business: Angel Investors Can Find Best Business Match, Thanks To Cherub App
This Tinder-like business app can help angel investors find the best business matches. What to know about Cherub.
Wall Street Analysts Could Be Replaced by AI! Who are Affected?
AI bots could soon replace Wall Street analysts. Sources within major banks revealed the details. Wall Street analysts are at risk of getting replaced by AI bots.
US Treasury Warns Creditors Against Exploiting Aid to Developing Nations
The US Treasury Department has cautioned emerging official creditors against curtailing loans to nations already engaged in programs with the International Monetary Fund (IMF) or multilateral development banks.
Goldman Sachs Appoints Head of Strategy and Investor Relations Carey Halio as Global Treasurer
Goldman Sachs has appointed Carey Halio, the head of strategy and investor relations, as its new global treasurer.
China to Remain the World's Top Engine for Global Economic Growth, ADB Says
Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy.
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