Gen Z Has Just Discovered the Premium Rewards Credit Card
Young people have the time to maximize perks. American Express and JPMorgan Chase want to lure them to their high-end cards.
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Auto Insurance Premiums Have Room to Keep Falling
The soft insurance market is pleasing to inflation watchers but less so to shareholders.
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Investment Firm General Atlantic Is Eyeing an IPO Again
The company manages around $130 billion and had filed to go public in 2023.
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The Secret Word Game Bank of America's CEO Plays With Wall Street
It's no happenstance that Brian Moynihan regularly jams "gainsay," "concomitant" and "fantods" into otherwise ordinary sentences in analyst calls.
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Why Goldman Sachs thinks the Fed won't be hiking interest rates in September
Goldman expects that the Fed will stand pat - barring any dramatic data.
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Financial Services Roundup: Market Talk
Find insight on Ayden, Swissquote Group and more in the latest Market Talks covering financial services.
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Jane Street Suffers Loss of About $15 Billion Following Troubles at Situational Awareness
The trading firm posted its worst month ever in July after bets at Leopold Aschenbrenner's hedge fund soured.
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Trump Family's World Liberty Financial Gets Preliminary Approval to Launch a Bank
The Office of the Comptroller of the Currency gives the flagship crypto venture a conditional approval to be a trust bank.
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PayPal in Talks to Sell Itself to Stripe, Private-Equity Firm Advent
The fintech startup and private-equity firm Advent offered to buy the struggling payments company in July.
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JPMorgan Ended Banking Relationship With Polymarket Over Regulatory Concerns
The move comes as questions about prediction markets and debanking swirl.
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Berkshire Hathaway Boosted Alphabet, Delta Stakes, Sold Bank of America
Berkshire Hathaway boosted its stake in Alphabet by about 80% to 106 million shares in the second quarter.
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Berkshire-Backed Marubeni Favors Strong Yen
The Japanese trading house favors a stronger yen to better leverage a $12 billion investment plan, its CEO said, as a firmer currency gives it greater firepower for overseas acquisitions.
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Aviva Posts Strong First-Half Profit Growth
The insurer and asset manager's operating profit rose in the first half, though it cut full-year expectations for its health business.
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Bleeding-Edge AI Meets Cutting-Edge Finance. Is This Peak AI?
These new futures contracts would allow investors to hedge and speculate on the cost of renting chips that machines need to train and run AI models.