News

Fed considering changes to what constitutes a 'well-managed' bank

Under a proposal put up for comment Thursday, the Fed would allow banks with one "deficient" rating to still be considered well-managed

'YOLO'-buying EVs: As $7,500 tax credit ends, consumers may rush to cash in. Here's how to get a good deal

Consumers may rush to lease or buy an electric vehicle this summer to qualify for a federal tax credit that ends after Sept. 30.

Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show

Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.

Photos show Altman, Iger and Cook arrive at 'summer camp for billionaires' in Sun Valley

Apple CEO Tim Cook, Walmart CEO Doug McMillon, Disney CEO Bob Iger and OpenAI CEO Sam Altman were pictured entering the lodge.

Trump's next Fed chair pick already comes with a credibility problem

If leading the Federal Reserve isn't challenging enough, the next central bank chair will face an additional burden.

Trump's 'big beautiful bill' slashes CFPB funding: What it means for you

A tax and spending package Trump signed July 4 nearly halves the watchdog's annual funding. Resources may be stretched to police consumer financial laws.

Vanguard, BlackRock deliver second-half market plays that could cushion a potential growth slowdown

Where investors could find upside if the economy softens in the next six months.

Robinhood CEO downplays OpenAI concerns on tokenized stock structure

Robinhood CEO Vlad Tenev says it's not "entirely relevant" that the platform's OpenAI and SpaceX stock tokens aren't technically equity in the companies.

BlackRock keeps its foot on the private-markets pedal with another acquisition

The Wall Street firm agreed Monday to buy ElmTree Funds, a real estate investment firm that manages roughly $7.3 billion in assets.

Robinhood stock tokens face scrutiny in the European Union after OpenAI warning

The Bank of Lithuania said it has contacted Robinhood and is "awaiting clarifications" regarding the structure of its OpenAI and SpaceX stock tokens.

Slam dunk? Fundstrat’s Tom Lee considers two new themes for his Granny Shots ETF

Long-time market bull Tom Lee explains which groups may make the cut next.

Trump ‘big beautiful’ bill gives top 1% biggest tax cuts in these states

The highest earners in Wyoming, South Dakota and Texas stand to get a tax cut of more than $100,000, according to the Institute on Taxation and Economic Policy.
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