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NBC News - Top stories
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The Federal Deposit Insurance Corp.2 days ago -
NBC News - Top stories
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with knowledge of the negotiations said.2 days ago - Apple -
CNBC - Business
Snap unveils latest AR glasses despite ongoing struggles in core ad business
Snap on Tuesday announced the fifth generation of its Spectacles augmented reality glasses, despite its core business continuing to struggle.2 days ago -
The New York Times - Business
Banking Deal Oversight to Get a Major Revamp
The F.D.I.C. and the Justice Department are changing how they evaluate mergers and acquisitions in the banking industry.2 days ago -
CNBC - Business
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily balances.2 days ago -
The Guardian - World
Brexit deal ‘stifling’ UK-EU trade; German investor morale tumbles – business live
EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University. UK’s post-Brexit checks on fruit and vegetables delayed for a third time Here’s Peter ...2 days ago - Germany -
ABC News - World
Budapest and Poland's Wroclaw reinforce their river banks ahead of more flooding
Soldiers have dropped sandbags from military helicopters to reinforce river embankments and evacuated residents as the worst flooding in years spreads across Central Europe2 days ago -
The New York Times - Business
F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers
Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.2 days ago -
Financial Times - Business
Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy
Ed Davey wraps up party conference saying rich should pay more to fund transformation of NHS and social care2 days ago -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grown2 days ago -
MarketWatch - Business
Despite recent volatility, there are 5 reasons to be optimistic on markets, says Deutsche Bank
A traditionally better fourth quarter and Fed rate cuts should support the stock market rally says Deutsche2 days ago -
Financial Times - Business
FT and Schroders Business Book of the Year 2024 — the shortlist
Judges of the £30,000 annual prize select the year’s most compelling and enjoyable title2 days ago -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.2 days ago - Federal Reserve -
The New York Times - Business
F.D.I.C. and Justice Dept. May Get Tougher on Bank Deals
The F.D.I.C. is expected to vote on more stringent new rules for takeovers, while the Justice Department plans to overhaul its own guidelines.2 days ago -
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Inc. - Business
7 Strategies to Develop an Innovative Culture Within Your Business
If your business team is not continually innovating, it is falling behind the new competition.2 days ago -
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The Hill - Politics
Trump says crypto is 'fledging' yet ‘massive business’ in project launch
Former President Trump and his sons unveiled new details about their new cryptocurrency platform World Liberty Financial on Monday night, marking the former president’s latest embrace of digital ...2 days ago - Donald Trump -
NBC News - Top stories
Meet Douyin, the Chinese version of TikTok adding to ByteDance's big business
Douyin, the Chinese version of TikTok, spurred a creator economy with more than 700 million active users. The social media video app, owned by ByteDance has parental controls and even time limits. ...2 days ago - Tiktok -
CNBC - Business
India's central bank chief plays down fears of a deposit crunch
Reserve Bank of India Governor Shaktikanta Das raised the issue of slowing bank deposits underperforming an expansion in loans in an interview with CNBC.2 days ago