daily banking news
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Novocure Surges As FDA Allows A Six Months Shorter Lung Cancer Study
Novocure (NVCR) said Tuesday it could have the results of a pivotal lung cancer study six months sooner than expected,…
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The best credit cards for earning bonus rewards on streaming services, like Netflix, Spotify, and Amazon Prime Video
This page includes information about the Discover it® Cash Back product, which is currently not available on Insider and may…
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Futures Fall With Indexes Below Key Levels; More Bad News For Tesla
Dow Jones futures fell slightly late Tuesday, along with S&P 500 futures and Nasdaq futures. The stock market rally closed…
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Israeli airstrikes kill 11 children who were enrolled in a program to address past trauma from war
Israeli forces killed 11 children enrolled in a Norwegian Refugee Council program to address past trauma. The children, ages 5…
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Bank of America raising minimum wage to $25 per hour in race for talent
Bank of America will boost its minimum hourly wage to $25 an hour by 2025 from a current $20, according…
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‘Grand Theft Auto’ Publisher Take-Two Murders March-Quarter Estimates
Video game publisher Take-Two Interactive Software (TTWO) late Tuesday crushed Wall Street’s targets for its fiscal fourth quarter. But it…
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The 5 best roach killers and traps in 2021
If your goal is the complete and total global eradication of the cockroach, sorry, but you’re probably choosing a losing…
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Why Goldman Sachs recruited an Uber exec to run Marcus
For years, financial services firms have said they want their apps to be as intuitive as Uber’s ride-hailing app. But…
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Horizon Therapeutics Stock Flashes Improved Technical Strength; Nears Buy Point
Horizon Therapeutics (HZNP) had its Relative Strength (RS) Rating upgraded from 70 to 75 Tuesday — a welcome improvement, but…
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Andrew Yang proposes lowering NYC voting age to 16 and allowing green-card holders to vote in local elections
New York City mayoral hopeful Andrew Yang on Tuesday spoke in favor of lowering the voting age to 16. Yang…
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OCC hits brakes on rollout of Trump-era CRA rule
WASHINGTON — The Office of the Comptroller of the Currency on Tuesday halted the implementation of its 2020 rule overhauling…
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Flush with capital, banks rush to repurchase stock
Share buyback programs, shelved by many banks early in 2020 amid pressure from regulators to preserve capital in the midst…
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The Key To Ford’s Electric-Vehicle Future Will Get A First Look Soon
Ford (F) gears to reveal its first all-electric truck, while quickening a shift to electric vehicles as rivals race to…
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A new way for banks to think about supporting CDFIs
As bank CEOs serving side by side in local markets, we strive to create wealth, share risk, and meet the…
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Option Trading: Merck Stock Sets Up For Bull Put Spread
With the market uptrend under pressure, I like to take a look at defensive names that are still trading above…
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Lamborghini says it will make its first fully electric car after 2025 and invest $1.8 billion in a ‘hybrid transition’
Lamborghini plans to make its first fully electric car after 2025. The Volkswagen-owned brand said it would invest $1.8 billion…
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Big banks may soon approve you for a credit card even if you don’t have a credit score, but until then there are other options
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may…
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Walmart Earnings Beat As Comp Sales Smash Forecasts
Walmart (WMT) beat estimates for the first quarter early Tuesday, as the big-box retailer’s same-store sales crushed views despite a…
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AMC extends 8-day winning streak to 66% as Reddit chatter around meme stocks picks up
Frederic J. Brown/AFP via Getty Images Shares of AMC Entertainment extended their eight-day winning streak to 66%, the longest positive…
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Revealed: How much Panasonic pays hardware and software engineers as it courts battery customers beyond Tesla
Insider analyzed salary data that Panasonic North America shared with the US government. The positions included in this report include…
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A wealth manager who oversees $1.2 billion says investors in passive, low-cost index funds are taking on more risk than they realize — and offers 3 safer ETF alternatives
Small-cap growth stocks have provided incredible returns, but big rewards come with big risks. Even investors who use passive index…
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The Bidens made $607,000 last year, their tax returns show. That’s $300,000 less than 2019, in part because they gave up speaking engagements during the election.
Joe and Jill Biden earned significantly less in 2020 compared to 2019 Melina Mara / Pool: Getty Images Summary List…
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The Wall Street Capitalists Who Put Morals Above Money
This is not exactly mini-series material, and the Browns’ stolid rectitude presents any would-be chronicler with a challenge. Indeed, the…
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Goldman poaches Uber engineering exec to lead consumer biz
Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: If you’re not…
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Opinion | These Invisible Whales Could Sink the Economy
While Democrats wrote new oversight requirements for private funds into the 2010 Dodd-Frank Act, they exempted family funds from the…
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10 Things in Politics: You fund Trump’s post-White House office
Good morning! Welcome back to 10 Things in Politics, your weekday look at the biggest stories in DC and beyond.…
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Global stocks rise after Fed officials suggest inflationary pressures will be temporary
Drew Angerer/Getty Images Global stocks rose on Tuesday after Federal Reserve speakers struck an overall dovish tone and suggested inflationary…
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The UK unemployment rate dropped to 4.8% in the first quarter as the country prepared to reopen from lockdown
Coronavirus restrictions were eased slightly in the UK in March. Getty The UK unemployment rate fell to 4.8% in the…
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Venmo is blocking some payments mentioning Palestinian relief funds. The company says it’s following the law.
Venmo users say the company is blocking some transactions that mention Palestine-related keywords. Venmo told Insider it’s trying to avoid…
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Dow Jones Drops As Disney Weighs; Tech Stocks Lead Downside; Multiple Financial Stocks Trade Inside Buy Zones
The Dow Jones Industrial Average fell modestly in today’s market, extending its losses from last week. The tech-heavy Nasdaq led…
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Amazon exec Dave Clark pushed USPS to install mailbox now at center of union election controversy
Amazon consumer CEO Dave Clark led the company’s push to persuade the US Postal Service to install a controversial temporary…
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Palantir Technologies Stock Earns Technical Rating Upgrade Amid Growth Selloff
Palantir Technologies (PLTR) saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an increase from 65…
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Virgin Galactic Will Soon Give An Update On Crucial Test Flight
Virgin Galactic (SPCE) will provide an update on its test flight schedule this week after disclosing a potential issue last…
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Caitlyn Jenner is using a campaign fundraising trick from Trump’s playbook that commits donors to recurring payments
Donors to Trump’s election campaign were hit with pre-checked recurring monthly donations. The campaign tactic has been denounced by election…
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White House issue subtle dig at Trump over unreleased tax returns, saying Biden and Harris releasing their 2020 tax returns is an ‘almost uninterrupted’ tradition
The first and second families released their 2020 tax returns on Monday. The press release accompanying the returns included a…
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The bankers turning free-spirited Libra into buttoned-down Diem
Alan Lane had his “aha” moment about digital currencies in 2013, when he bought his first bitcoin through Coinbase. Once…
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Dow Jones Slips; Microsoft Drops Amid Bill Gates News; Bitcoin Sinks On Elon Musk Tweets
The Dow Jones Industrial Average slipped, while the Nasdaq fell hardest as tech stocks got walloped again. Microsoft (MSFT) dipped…
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FDIC asks industry for input about digital assets
WASHINGTON — The Federal Deposit Insurance Corp. on Monday issued a wide-ranging request for information on activities by banks to…
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Apple Music Beats Spotify To Market With High-Fidelity Streaming Service
Apple Music dialed up the competition with rival Spotify on Monday by announcing a new high-fidelity streaming music offering at…
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Apple has stored the data of thousands of customers on Chinese servers and censored apps to please the government that controls most of its supply chain, the New York Times reports
Apple has catered to China’s government as it relies on the country’s supply chain, the NYT reports. Tim Cook approved…
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Warren Buffett Cuts Stakes In Financial, Energy, Drug Stocks
Berkshire Hathaway (BRKB) chief Warren Buffett soured on several financial, energy and drug stocks in Q1, which saw overall net…
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The 5 best air fryers we tested in 2021
Air fryer FAQs Is air fried food healthy? The short answer is that it depends what you’re cooking and how…
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Dow Jones Futures: Stock Market Slashes Losses, But Tesla Gives Up Key Support Level
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were little changed late Monday. Tesla stock broke…
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MUFG hires restaurant bankers away from Wells Fargo
Mitsubishi UFJ Financial Group has hired a team of bankers away from Wells Fargo in a bid to beef up…
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Medical Stocks Jazz, Horizon Are Accelerating But Iqvia Is Hitting The Brakes
Jazz Pharmaceuticals (JAZZ) and Horizon Therapeutics (HZNP) stand among a cadre of accelerating medical stocks, while big names like Iqvia…
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Banks no longer have to limit savings withdrawals, but some still do
In the early days of the pandemic, the Federal Reserve temporarily axed a requirement that had limited the ability of…
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IBD 50 Stocks To Watch: Is Apple Supplier Jabil In Buy Range As It Finds Key Support?
Apple supplier Jabil (JBL), featured in today’s IBD 50 Stocks To Watch, is in buy range as it scores triple-digit…
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How to troubleshoot when AirPlay is not working between your devices and fails to cast content
If your AirPlay is not working, you may need to troubleshoot the involved Apple or AirPlay-compatible devices or your Wi-Fi…
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Online Retailer Overstock.com Stock Scores Relative Strength Rating Upgrade; Hits Key Benchmark
On Monday, Overstock.com (OSTK) received a positive adjustment to its Relative Strength (RS) Rating, from 76 to 84. The discount…
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The 3 best men’s multivitamins of 2021, backed by medical experts
The CDC says proper vitamin levels are key for disease prevention and overall health. Though healthy eating habits are a…
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