Breaking News: Investing

JPMorgan Chase tops second-quarter revenue expectations on strong investment banking

JPMorgan Chase on Friday posted second-quarter profit and revenue that topped analysts’ expectations as investment banking fees surged 52% from…

Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers

There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the…

Ethereum ETF countdown: Bitwise CIO sees ‘birth of a new asset class’

Wall Street is getting ready for a new batch of cryptocurrency exchange-traded funds: ethereum.  Spot ether ETFs could hit the…

Bill Gross says Tesla is the new meme stock

Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a…

‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race

There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington…

Here’s where the jobs are for June — in one chart

The breakdown of the June jobs report suggests that growth has become increasingly uneven as the labor market shows signs…

‘Early innings’ of a U.S. manufacturing boom: Tema ETFs CEO delivers bull case for industrials

One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind…

How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her…