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Business - The New York Times
Big Banks Open Their Books for First Test After Rate Cuts
Profits fell at JPMorgan and Wells Fargo, but the lenders reported results that were largely better than had been expected, a sign that the economy remained solid.1 hour ago - US Open -
Business - CNBC
Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks
CoreWeave, an Nvidia-backed AI startup that rents out GPUs to companies, announced Friday that it has a new $650 million credit line to expand its business.1 hour ago -
Business - Inc.
Get a Raise, or Get a Cooler Job Title? Research Shows Most People Choose (Perceived) Status Over Money
Sounds strange, but subjective status seems to be more important than cold, hard cash.2 hours ago -
World - ABC News
South Korea's central bank cuts rates in a bid to boost the economy
South Korea’s central bank cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt4 hours ago - South Korea -
Business - Financial Times
Recent banking turmoil exposed flaws in liquidity rules, say regulators
Basel committee draws lessons from collapse of Silicon Valley Bank and rescue of Credit Suisse5 hours ago -
World - Financial Times
Japanese PM’s uphill battle to win back voters
Shigeru Ishiba faces a long list of challenges ahead of a snap election9 hours ago - Japan -
Business - Financial Times
‘An easy target’: the Canadian bank favoured by money launderers
TD Bank employees received bribes in the form of gift cards and cash deposits into their accounts to look the other way9 hours ago -
Business - CNBC
Bank of Korea cuts interest rates after holding for almost two years
The BOK cut its benchmark interest rate from 3.5% to 3.25% after a “clear trend of stabilization” with inflation.10 hours ago -
Business - CNBC
Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently
Warren Buffett's Berkshire Hathaway cut its stake in Bank of America below an important level.15 hours ago -
Politics - The Hill
5 things to know about the TD Bank scandal
Toronto-Dominion Bank, commonly referred to as TD Bank, is facing unprecedented fines and penalties from U.S. officials after allegedly failing to stop hundreds of millions of dollars in drug money ...16 hours ago -
Top stories - The New York Times
TD Bank Pleads Guilty and Pays $3 Billion to Settle Money-Laundering Case
Authorities cited joking by bank employees about crimes: “‘You guys really need to shut this down LOL.’”17 hours ago -
Top stories - CBS News
Rafael Nadal announced he's retiring. Here's how much money he's made.
Rafael Nadal is one of tennis's highest net-worth players, having amassed a fortune in prize money and sponsorships.17 hours ago -
Top stories - CBS News
TD Bank to pay $3 billion after breaking U.S. money laundering rules
TD Bank allowed money laundering networks to move more than $670 million through its accounts between 2019 and 2023, Justice Department said.17 hours ago -
Business - CNBC
TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties
The Department of Justice reportedly was investigating how drug traffickers used TD Bank to launder money derived from fentanyl sales in the U.S.17 hours ago -
Business - Financial Times
TD Bank to pay $3bn in US case over money laundering lapses
Prosecutors say Canadian lender failed to remedy ‘long-term, pervasive and systemic deficiencies’ because of cost controls18 hours ago -
Business - CNBC
The Fed is finally cutting rates, but banks aren't in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.18 hours ago - Federal Reserve -
Business - MarketWatch
TD Bank fined $3 billion by U.S. regulators and forced to limit growth
Toronto-Dominion Bank shares fell on Thursday as the Canadian bank was fined and forced to limit expansion to settle charges it failed to prevent money laundering.18 hours ago -
Business - MarketWatch
JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates
JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on how lower interest rates may boost profits for big U.S. ...19 hours ago -
Business - Financial Times
Reeves weighs capital gains tax increase to help plug UK’s Budget gap
Treasury models impact of changes, but rules out ‘exit tax’ on those who leave Britain to avoid being hit19 hours ago -
Top stories - NBC News
TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties
TD Bank pleaded guilty Thursday to multiple criminal charges and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and financial regulators for failing ...19 hours ago -
Top stories - CBS News
How life has changed for Palestinians in the occupied West Bank since Oct. 7
A Palestinian-American in the Israeli-occupied West Bank says he's been kept off his land for a year. For others, it's been much worse.19 hours ago -
Politics - The Hill
TD Bank to pay $3B, face growth cap over money laundering violations
Toronto-Dominion Bank, commonly referred to as TD Bank, pled guilty Thursday to violating federal anti-money laundering and bank transparency laws, agreeing to pay more than $3 billion and limit ...20 hours ago -
Business - MarketWatch
Columbus Day: Are banks and post offices open? Here’s what you need to know about Indigenous Peoples’ Day.
Monday is both Columbus Day and Indigenous Peoples’ Day, and there are several closures to monitor.21 hours ago -
Business - CNBC
Ripple launches crypto storage services for banks in bid to diversify
Ripple said it is launching a slew of features aimed at helping banks and fintechs store digital tokens — as part of a broader push into crypto custody.23 hours ago -
Business - MarketWatch
How Stanford’s new personal-finance class plans to revolutionize the way we learn and think about money
Economist Annamaria Lusardi is leading an effort to elevate learning how to manage your moneyYesterday -
World - The Guardian
Reading sale jeopardised by owner Dai Yongge’s £55m debt to Chinese bank
Bank understood to have blocked sale to Rob Couhig Documents show unpaid debt secured against stadium The Reading owner Dai Yongge’s repeated attempts to sell the club are being jeopardised by ...Yesterday -
World - The Guardian
‘I’m a man and I’m relentless!’ What does Industry say about banking’s toxic masculinity crisis?
They’re lonely, controlling ‘dinosaurs’ seemingly incapable of decently treating the people who look to them for love. Do the characters in the finance drama have any hope of understanding ...Yesterday -
Business - Financial Times
The ‘80-hour circuit breaker’: Wall Street banks tackle workloads of junior staff
Moves to cap weekly hours for entry-level bankers butt against reality of competitive industryYesterday -
Top stories - BBC News
Does the US have the money to respond to Milton?
Some Republicans claim the White House is prioritising funding for foreign countries over hurricane victims – what are the facts?Yesterday -
Top stories - CBS News
A look at Palestinian life in the Israeli-occupied West Bank
Rights groups say documented instances of violence by settlers against Palestinians in the Israeli-occupied West Bank have been escalating since Hamas' attack on Oct. 7, 2023. CBS News' Haley Ott ...Yesterday - Israel -
Business - CNBC
Use these 2 words to help successfully negotiate your next raise: 'Curious people make more money'
Workers are so focused on making their point that they forget negotiating is supposed to be a conversation where both sides contribute to the solution.Yesterday -
Politics - The Hill
FEMA has enough money to respond to Hurricanes Helene and Milton
The Federal Emergency Management Agency (FEMA) is not at risk of running out of money and being unable to support survivors in the immediate aftermath of a disaster, despite misinformation that has ...Yesterday -
Tech - GameSpot
Play Your Steam Deck Longer With This Excellent Magnetic Power Bank Deal For Prime Big Deal Days
Amazon's Prime Big Deal Days event is in its second and final day, and if you're in the market for a power bank that's compatible with your Steam Deck to extend your play sessions, you're in ...Yesterday -
Business - CNBC
33% of homeowners would hire a 'questionable' contractor to save money, report finds
A third of homeowners are willing to hire a "questionable" contractor to save money, a report finds. But that may leave room for error, and sometimes fraud.Yesterday