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Trump Nominates Kevin Warsh to be Next Fed Chair
Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh.
Software Stocks Enter Bear Market On AI Disruption Fear With ServiceNow Plunging 10%
Investors question whether AI competitors and automation tools could erode demand for traditional software licenses and workflows.
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The Optimism Over US Banks Is About To Be Put To The Test
Investors ended 2024 brimming with optimism about US banks. What happens during the start of earnings season this week will put that to the test.
Fidelity Settles Allegations Of Inadequate Supervision Of Clients' Accounts
Fidelity Brokerage Services has agreed to pay $600,000 to settle allegations of inadequate supervision related to business clients' accounts.
JPMorgan Offering Relief For Mortgage Customers Hit By Los Angeles Wildfires
JPMorgan Chase is easing mortgage repayment conditions for customers affected by the Los Angeles wildfires.
Goldman Sachs Creates New Team To Boost Focus On Financing
Goldman Sachs is creating a new team that will enhance its focus on financing mega deals and providing loans to corporate clients.