Latest in Biggest Banks
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JPMorgan Chase sues more customers who allegedly stole cash in 'infinite money glitch'
The episode highlights the lengths JPMorgan Chase, the biggest U.S. bank by assets, will go to claw back funds it is owed and to deter future crimes.CNBC - 13h -
Wall Street trading desks are feasting on the volatility from Trump’s global upheaval
The six biggest U.S. banks put up $16.3 billion in stock trading revenue, 33% more year over year and higher than the 2020 pandemic or the 2008 financial crisis.CNBC - 10h -
Bank of Canada holds policy rate at 2.75%
Decision comes as country faces economic uncertainty from US trade warFinancial Times - 13h -
BHP says China boosting domestic consumption is key to global economy
World’s biggest miner says tariff impact ‘limited’ so farFinancial Times - 1h -
Chinese tea chain Chagee aims for $400mn New York IPO despite tariff war
Maker of ‘teaspressos’ and ‘teapuccinos’ could be second-biggest Chinese listing in US in more than three yearsFinancial Times - 12h -
What to Know About Trump’s Antitrust Efforts Against Tech Giants
The Trump administration will take Meta to court this week, continuing an aggressive effort to rein in the power of the biggest tech companies. Here’s what to know.The New York Times - 3d -
Agent's Take: Why two-way NFL Draft star Travis Hunter would be best served financially as a No. 1 receiver
If Hunter proves his worth on both sides of the ball, he could break the bankCBS Sports - 9h -
Powell Warns Trump Tariffs Could Trigger Higher Inflation and Slower Growth
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.The New York Times - 6h -
Court Scraps $8 Limit on Credit Card Late Fees
The Consumer Financial Protection Bureau switched sides and backed a federal lawsuit by banks and business groups seeking to eliminate a fee cap the bureau set last year.The New York Times - 11h -
Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth
The central bank leader said that while he expects higher inflation and lower growth, it's unclear where the Fed will need to devote greater focus.CNBC - 9h -
Trump’s tariffs put Fed’s jobs and inflation goals at risk, says Powell
US central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’Financial Times - 9h -
Bub Carrington hits game-winner as time expires to lift Wizards past play-in bound Heat 119-118
Tristan Vukcevic had 28 points and 11 rebounds, Justin Champagnie added 27 points and Bub Carrington banked in a game-winner as time expired to put the Washington Wizards over the Miami Heat ...ABC News - 3d -
Foreign investors bought more Treasury bonds in February, official data shows
Foreign investors increased their holdings of U.S. Treasury bonds in February, even as official-sector entities like central banks sold down theirs for a fourth straight month, the latest data from ...MarketWatch - 6h