Financial Services

Stock market today: Wall Street follows global markets lower ahead of earnings, central bank moves
Jan 17, 2024

Stock market today: Wall Street follows global markets lower ahead of earnings, central bank moves

Wall Street pointed lower early following market declines in Asia and Europe


Overdraft fees could drop to as low as $3 under new Biden proposal
Jan 17, 2024

Overdraft fees could drop to as low as $3 under new Biden proposal

The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck


Goldman Sachs 4Q profits jump 51%, but full year reflects difficult quarter for the bank
Jan 16, 2024

Goldman Sachs 4Q profits jump 51%, but full year reflects difficult quarter for the bank

Goldman Sachs’ profits jumped 51% from a year earlier, the investment banks said Tuesday, helped by the strong returns in the overall market in the last three months of the year


Stock market today: Asian shares sink as jitters over Chinese markets prompt heavy selling
Jan 16, 2024

Stock market today: Asian shares sink as jitters over Chinese markets prompt heavy selling

Shares have fallen in Asia, with Hong Kong's benchmark down nearly 2%, as jitters over Chinese markets dim confidence across the region


Stock market today: Asia stocks follow Wall Street higher, while China keeps its key rate unchanged
Jan 15, 2024

Stock market today: Asia stocks follow Wall Street higher, while China keeps its key rate unchanged

Asian markets have climbed after Wall Street drifted to a mixed finish as it closed out its 10th winning week of the last 11


Bank profits mostly fall in fourth quarter, but banks remain upbeat on economy and consumer
Jan 12, 2024

Bank profits mostly fall in fourth quarter, but banks remain upbeat on economy and consumer

Three of the nation’s biggest banks said Friday that their profits fall last quarter, as JPMorgan Chase, Bank of America and Citigroup deal with the lingering effects of higher interest rates and the industry costs of last year’s banking crisis that caused the collapse of Silicon Valley Bank and Signature Bank


Banks upbeat on US consumer despite bank profit declines, inflation and rising debt levels
Jan 12, 2024

Banks upbeat on US consumer despite bank profit declines, inflation and rising debt levels

Three of the nation’s biggest banks say their profits fell last quarter


Stock market today: Asian shares turn lower, while Tokyo's benchmark extends rally
Jan 12, 2024

Stock market today: Asian shares turn lower, while Tokyo's benchmark extends rally

Asian shares are mostly lower, though Tokyo's benchmark extended its New Year rally, trading well above 35,000 and at its highest level since 1990


Bitcoin ETFs will begin trading for the first time today. Here are the tickers to watch
Jan 11, 2024

Bitcoin ETFs will begin trading for the first time today. Here are the tickers to watch

The U.S. for the first time has given the greenlight to almost a dozen exchange traded funds for bitcoins


New funds will make investing in bitcoin easier. Here’s what you need to know
Jan 11, 2024

New funds will make investing in bitcoin easier. Here’s what you need to know

Nearly a dozen new bitcoin funds began trading in U.S. markets for the first time Thursday, providing increased access to the cryptocurrency for everyday investors



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.