How Lead Bank CEO Jackie Reses rose from 'a pretty gritty childhood' to Goldman Sachs, Square and top of U.S. fintech

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  Blackstone and Goldman Sachs CEOs see upsides to Trump’s policies

  Comments from Wall Street bosses come as president’s import tariffs fuel US recession fears
  
  Financial Times - 3h
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  Goldman Sachs CEO: Business community 'understands' what Trump is trying to do with tariffs

  Goldman Sachs CEO David Solomon said that the business community “understands” what President Trump is trying to do with levies on various goods, even though they want "lower tariffs everywhere.” ...
  
  The Hill - 1h
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  Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary

  In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...
  
  NBC News - 3d

• Banks and fintechs join ‘stablecoin gold rush’

  Bank of America and Stripe target market for payments in cryptocurrencies
  
  Financial Times - 2d

• How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions

  The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.
  
  CNBC - 1d
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  Stirtz, Banks lead Drake past Bradley 63-48 for third straight Missouri Valley championship

  Bennett Stirtz scored 24 points, Tavion Banks added 13 and top-seeded Drake defeated No. 2-seed Bradley 63-48 to win Arch Madness for the third consecutive time
  
  ABC News - 3d

• 2-year Treasury note yield bounces from October low as investors await U.S. inflation report

  U.S. Treasury yields rose on Tuesday as investors looked ahead to the latest consumer price index reading.
  
  CNBC - 1d

• Trump set to nominate Michelle Bowman as Fed’s top bank supervisor

  President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank’s top bank supervisor, a White House official confirmed to MarketWatch.
  
  MarketWatch - 3h
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  The making of Elon Musk: how did his childhood in apartheid South Africa shape him?

  The billionaire and now Trump adviser grew up amid the collapse of white rule, attending an all-white school and then a more liberal one. With an imposing double-winged redbrick main building, and ...
  
  The Guardian - 2d

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  Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.
  
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• U.S. budget deficit surged in February, passing $1 trillion for year-to-date record

  The U.S. debt and deficit problem worsened during President Donald Trump's first month in office.
  
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• Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.

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More in Business

• American Eagle says consumer is slowing down, issues weak guidance

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  CNBC - 11m

• Here’s the inflation breakdown for February 2025 — in one chart

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  CNBC - 20m

• This agentic AI play’s stock is falling after it called out ‘increasing global macroeconomic uncertainty’

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  MarketWatch - 55m

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• FTC reverses course, says it has resources to pursue Amazon deceptive practices case

  The FTC said it will meet the deadlines for its Amazon Prime deceptive practices case, hours after requesting a delay due to resource constraints.
  
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