Credit Card Annual Fees Are Going Up. What It Means for the Stocks.
Chase will up the annual fee for its Sapphire card and Amex could do the same for Platinum holders.
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Prudential Unit Lends $500 Million in Private Credit to Affirm
Nonbank lenders like Affirm are cultivating stables of large financing partners to ensure they have sufficient capital to lend, even when public debt markets freeze up.
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Fed Holds Rates Steady and Keeps Door Open to Cuts
Officials are waiting to see if businesses manage higher costs from tariffs by trimming profits or pushing up prices.
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UBS Among Companies Hit by Data Leak After Cyberattack on Procurement Firm
Bank supplier Chain IQ, said it had been targeted alongside 19 other companies in a cyberattack that led to a leak of data subsequently published on the dark web.
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Private Equity's IPO Exit Doors Expected to Open Wide in Second Half
Private equity-backed companies' initial public offerings appear poised to take off in this year's second half as the exit channel reopens and emboldens businesses, industry insiders say.
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The Fed's Dot-Plot Predicament: False Precision in Uncertain Times
As 2024 illustrated, zealous attention placed on small shifts in the median rate projection isn't always a useful guide to the economic outlook.
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Senate Passes Stablecoin Bill in Big Win for Crypto Industry
The legislation, known as the Genius Act, moves to the House, where passage is viewed in Washington as likely, before Trump's desk.
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Robinhood Launches New Tools to Woo Traders
The new features are part of a 10-year strategy to build its business beyond its trading platform.
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Financial Services Roundup: Market Talk
Find insight on AIB Group and Permanent TSB, John Hancock, Lloyd's of London, and more in the latest Market Talks covering Financial Services.
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AIB Group Returns to Private Ownership as Irish State Completes Exit
The move marks a significant step as governments across Europe move to unload their crisis-era bailout positions.
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Macquarie Collects $8 Billion for Infrastructure Investments in the Americas
The infrastructure giant has used its newly raised fund to finance a $2.4 billion deal with materials and chemicals maker Dow.
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Legal & General Flags Good Start to 2025, Confirms Targets
The provider of life insurance, pensions, retirement and investment services is aiming to grow its core operating earnings per share by between 6% and 9% per year in the midterm.
(END) Dow Jones Newswires
June 18, 2025 16:00 ET (20:00 GMT)
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