Finance

Bank of America makes $500 million equity push for minority- and women-led funds

Bank of America has committed to giving more than $500 million in equity investments to minority- and women-led fund managers…

‘We’re all crazy when it comes to money,’ advisor says. How to manage your psyche for better finances

Human psychology and money don’t mix well. Left unchecked, our psyches can easily sabotage financial decision-making, behavioral experts said during…

Stocks making the biggest moves midday: Cava, Domino’s Pizza, Kroger, Lennar and more

Check out the companies making the biggest moves midday. Cava Group — Shares soared 99% in midday trading during its…

U.S. withdraws new charges in Sam Bankman-Fried case, punts them to 2024

Federal prosecutors asked a judge on Thursday to remove five charges against alleged crypto fraudster Sam Bankman-Fried, including bribery of…

Stocks making the biggest moves before the bell: American Express, Domino’s, Coinbase and more

Check out the companies making headlines in premarket trading. Target — The retailer gained 0.6% after announcing it would increase…

NFL looks to give a boost to Black- and minority-owned banks

The National Football League is making a big play to increase lending in underrepresented communities. The league is borrowing $78…

$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans

LONDON — Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions…

‘Bite of these higher rates is gaining traction almost every day,’ KBW CEO Thomas Michaud warns

A major financial services CEO warns the economy hasn’t fully absorbed higher interest rates yet. Thomas Michaud, who runs Stifel…