Financial Services News Headlines

Argentina President Javier Milei speaks during a ceremony to commemorate Holocaust and Heroism Day,…
May 13, 2024 11:39 AM ET

Argentina will get next installment of bailout as IMF praises Milei's austerity policies

The Associated Press

The International Monetary Fund, Argentina’s biggest creditor, has agreed to release the next tranche of loans due under a bailout program

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Bill Hwang, founder of Archegos Capital Management, leaves the courthouse in New York, Wednesday, J…
May 13, 2024 8:51 AM ET

Hedge fund operators go on trial after multibillion-dollar Archegos collapse

The Associated Press

A federal fraud trial has begun for the owner and chief financial officer of a hedge fund that collapsed

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In this image from video provided by the House Financial Services Committee, Keith Gill, a GameStop…
May 13, 2024 6:23 AM ET

Roaring Kitty is back and so are meme stocks. GameStop and AMC surge like it's 2021

The Associated Press

The man at the center of the pandemic meme stock craze returned to the social platform X for the first time in three years and sent prices of those stocks surging overnight

Read Roaring Kitty is back and so are meme stocks. GameStop and AMC surge like it's 2021
A woman walks in front of SoftBank store in Ginza shopping district in Tokyo, January 20, 2020
May 13, 2024 3:20 AM ET

Japan's SoftBank Group trims investment losses but remains in red for fiscal year

The Associated Press

Japanese technology company SoftBank Group says it trimmed its losses for the fiscal year through March to about a quarter of the red ink it racked up a year earlier, as investment losses declined

OTCMKTS:SFTBF
Read Japan's SoftBank Group trims investment losses but remains in red for fiscal year
Jim Simons, a businessman and founder of Math for America, poses at his New York office, Wednesday,…
May 10, 2024 4:18 PM ET

James Simons, mathematician, philanthropist and hedge fund founder, has died

The Associated Press

James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation’s biggest philanthropists, has died at age 86

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A beam is measured and marked at a housing site in Madison County, Miss
May 9, 2024 3:34 PM ET

Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers

The Associated Press
Read Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers
The Bank of England in London, is shown on December 15, 2022
May 9, 2024 5:03 AM ET

Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation

The Associated Press
Read Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
A person walks in the rain near an electronic stock board showing Japan's Nikkei 225 index at a sec…
May 9, 2024 1:37 AM ET

Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record

The Associated Press
Read Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record
Beyond Meat products are seen in a refrigerated case inside a grocery store in Mount Prospect, Ill
May 8, 2024 3:07 PM ET

Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales

The Associated Press
Read Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales
File - A worker counts money at a grocery store in Buenos Aires, Argentina, November 21, 2023
May 8, 2024 12:36 PM ET

With inflation soaring, Argentina will start printing 10,000 peso notes

The Associated Press
Read With inflation soaring, Argentina will start printing 10,000 peso notes
A sign outside the Internal Revenue Service building is seen, May 4, 2021, in Washington
May 8, 2024 12:14 PM ET

The $230 billion donor-advised fund industry gets an IRS hearing

The Associated Press
NASDAQ:NFLX
Read The $230 billion donor-advised fund industry gets an IRS hearing
The Bank of England in London, is shown on December 15, 2022
May 8, 2024 10:59 AM ET

Bank of England expected to wait for more evidence that inflation is under control before rate cut

The Associated Press
OTCMKTS:IVTJF
Read Bank of England expected to wait for more evidence that inflation is under control before rate cut
A woman walks in front of a crater caused by a Russian missile attack in Zaporizhzhia, Ukraine, Wed…
May 8, 2024 9:31 AM ET

EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets

The Associated Press
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May 7, 2024 2:29 PM ET

How major US stock indexes fared Tuesday, 5/7/2024

The Associated Press
NYSE:DIS
Read How major US stock indexes fared Tuesday, 5/7/2024
A person looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm i…
May 5, 2024 10:56 PM ET

Stock market today: Asian shares mostly higher, though China benchmarks falter

The Associated Press
Read Stock market today: Asian shares mostly higher, though China benchmarks falter
Berkshire Hathaway Vice Chairman Greg Abel poses for pictures with shareholders while touring the b…
May 5, 2024 3:50 PM ET

Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions

The Associated Press
NYSE:BRK.A
Read Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions
Michelle King of San Francisco does yoga in the See's Candies booth before the arrival of sharehold…
May 4, 2024 12:43 PM ET

Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple

The Associated Press
Read Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple
Berkshire Hathaway Vice Chairman Greg Abel checks out the flight simulators offered by one of Berks…
May 3, 2024 10:03 PM ET

Warren Buffett says AI may be better for scammers than society. And he's seen how

The Associated Press
Read Warren Buffett says AI may be better for scammers than society. And he's seen how
A sign highlighting the financing interest rate is displayed near the price sticker on an unsold 20…
May 2, 2024 2:35 PM ET

The Fed indicated rates will remain higher for longer. What does that mean for you?

The Associated Press
NYSE:SCHW
Read The Fed indicated rates will remain higher for longer. What does that mean for you?
People stand outside the Czech central bank in Prague, Czech Republic, on November 2, 2023
May 2, 2024 6:57 AM ET

Czech central bank cuts a key interest rate again with inflation down and the economy on the mend

The Associated Press
Read Czech central bank cuts a key interest rate again with inflation down and the economy on the mend
Oladapo Adekunle, an engineer with Rensource Energy, installs solar panels on a roof of a house in …
May 1, 2024 9:05 PM ET

More money is going to African climate startups, but a huge funding gap remains

The Associated Press
Read More money is going to African climate startups, but a huge funding gap remains
A currency trader passes by the screen showing the Korea Composite Stock Price Index…
April 28, 2024 9:00 PM ET

Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meeting

The Associated Press
Read Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meeting
The Federal Deposit Insurance Corporation…
April 26, 2024 5:51 PM ET

Regulators close Philadelphia-based Republic First Bank, first US bank failure this year

The Associated Press
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Charles Schwab stock price
April 23, 2024 8:15 AM ET

Charles Schwab Fortifies its Uptrend on EPS Beat

Jea Yu
NYSE:SCHWNYSE:BACNYSE:MS
Read Charles Schwab Fortifies its Uptrend on EPS Beat
Paul Standen, senior director of underground regional delivery, second from right, and project mana…
April 22, 2024 10:27 AM ET

California reject bill to crackdown on how utilities spend customers' money

The Associated Press
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April 22, 2024 5:00 AM ET

Beyond the Job Description: How ProducifyX is Humanizing Financial Services Recruiting

Due.com
Read Beyond the Job Description: How ProducifyX is Humanizing Financial Services Recruiting
A person walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securiti…
April 21, 2024 10:01 PM ET

Stock market today: Asian stocks track Wall Street gains ahead of earnings reports

The Associated Press
Read Stock market today: Asian stocks track Wall Street gains ahead of earnings reports
World Bank President Ajay Banga poses for a portrait after an interview with The Associated Press, …
April 18, 2024 2:00 PM ET

World Bank's Banga wants to make gains in tackling the effects of climate change, poverty and war

The Associated Press
Read World Bank's Banga wants to make gains in tackling the effects of climate change, poverty and war
This Tuesday, January 14, 2014, file photo shows a Bank of America sign in Philadelphia
April 16, 2024 6:45 AM ET

Bank of America's Q1 profits fall 18% on higher expenses, charge-offs

The Associated Press
Read Bank of America's Q1 profits fall 18% on higher expenses, charge-offs

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