Asian markets ended in the red marginally today as the Bank of Japan left interest rates unchanged. However, news out of China indicated that factory […]
Category: Finance
HSBC Announces $3 Billion Share Buyback in Third Quarter
HSBC Holdings Plc made a new share buyback program amounting to $3 billion based on the third quarter 2024’s outstanding performance by the bank. The […]
JPMorgan Sues Customers Accused of Exploiting ‘Infinite Money Glitch’
JPMorgan Chase filed lawsuits against some of the customers suspected of exploiting the so-called “infinite money glitch,” a bank loophole often referred to as this, […]
Open Banking Rules Will Put Your Financial Data Back Where It Belongs
As the financial landscape embraces digital transformation, “open banking” is emerging as a revolutionary framework designed to give consumers control over their own financial data. […]
German Finance Minister Warns of Retaliation if U.S. Initiates Trade War
Berlin-based finance minister issued a strongly-worded message to Washington and put across the point that Germany expects America to not start a trade war with […]
Oil Prices Drop Over 4% as Israel’s ‘Limited’ Strike on Iran Eases Supply Fears
Global oil prices fell sharply, dropping more than 4%, following reports that Israel’s recent “limited” military action against Iran is not expected to disrupt oil […]
Watchdog Reports $7.5 Billion Paid to Private Medicare Plans
A government watchdog has identified $7.5 billion in what may be improper payments to private Medicare Advantage plans made in one year, according to a […]
Trump’s Proposed Tariffs Could Lead to Higher U.S. Interest Rates, IIF Head Warns
The potential for significant new tariffs under former President Donald Trump’s proposed economic policies could increase inflation and lead to higher U.S. interest rates, according […]
Tesla Stock Surges on Q3 Earnings Beat Amid Margin Growth
Tesla’s Stock Soars Following Strong Q3 Margins Tesla’s shares soared by 7% in electronic trading after the release of its Q3 earnings report on October […]
IRS Releases New 2025 Tax Brackets
The IRS released tax brackets for the new year, which are exposed to annual inflation adjustments. It modifies the taxes imposed on individuals and households […]