Federal Reserve states 23 major financial institutions weathered critical economic downturn situation in anxiety take a look at

Federal Reserve states 23 major financial institutions weathered critical economic downturn situation in anxiety take a look at


Key Points
  • All 23 of the U.S. banking institutions provided in the Federal Reserve’s yearly pressure test weathered a severe economic downturn scenario though continuing to lend to consumers and organizations, the regulator claimed Wednesday.
  • The banking institutions had been able to maintain minimal funds stages, despite $541 billion in projected losses for the team, the Fed said in a launch.
  • Financial institutions together with JPMorgan Chase and Wells Fargo are predicted to disclose current strategies for buybacks and dividends Friday just after the near of standard buying and selling.



Resource

Why Trump is going after institutional homebuyers: They dominate markets like Atlanta, Jacksonville
Finance

Why Trump is going after institutional homebuyers: They dominate markets like Atlanta, Jacksonville

Key Points Institutional investors only own roughly 2% of the nation’s single-family rental housing stock, but their presence is far more concentrated in parts of the Southeast. Large investors control about a quarter of Atlanta’s single-family rental market, more than a fifth of Jacksonville’s and sizable shares in Charlotte and Tampa. Source

Read More
Stocks making the biggest moves premarket: Lockheed Martin, Northrop Grumman, Gap, Alcoa & more
Finance

Stocks making the biggest moves premarket: Lockheed Martin, Northrop Grumman, Gap, Alcoa & more

Check out the companies making the biggest moves in premarket trading: Defense stocks — Defense stocks jumped after President Donald Trump called for a defense budget of $1.5 trillion in 2027, saying in a Truth Social post he wanted to build a “Dream Military.” Lockheed Martin and L3Harris Technologies rallied 8%, while Northrop Grumman soared […]

Read More
JPMorgan reaches deal to become Apple credit card issuer, source says
Finance

JPMorgan reaches deal to become Apple credit card issuer, source says

In this article JPM GS Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, DC, US, on Thursday, Oct. 16, 2025. Samuel Corum | Bloomberg | Getty Images JPMorgan Chase has reached a deal to become the new Apple […]

Read More