Banks
ATMs are fighting for relevance — here’s how they’re keeping up in a digital economy
As payments go digital and consumers migrate online, demand for branches and ATMs is shrinking — raising new questions about their place in a fully digital economy. As payments go digital and consumers migrate online, demand for branches and ATMs is shrinking — raising new questions about their place in a fully digital economy. For […]
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Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM
Vishal Garg, Better.com Source: Better.com The online mortgage platform Better has partnered with OpenAI to launch an app within ChatGPT that the companies said will dramatically reduce the time it takes to underwrite a mortgage or home equity loan, CNBC has learned exclusively. The app, to be announced later Thursday, takes Better’s mortgage engine and […]
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States led by New York sue to block Trump’s latest tariffs, calling them an illegal end-run around Supreme Court
Key Points New York AG Letitia James and other state prosecutors sued to block Trump’s new tariffs and demand refunds after the Supreme Court struck down his previous IEEPA tariffs. The lawsuit says Trump is misusing Section 122 of the Trade Act of 1974 and violating the Constitution and statutory rules requiring consistent tariff application. The […]
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Trump sides with crypto firms in trillion-dollar battle with banks over stablecoin yield
US President Donald Trump boards Air Force One before departing Palm Beach International Airport in West Palm Beach, Florida, on March 1, 2026, on his way back to Washington, DC. Mandel Ngan | Afp | Getty Images President Donald Trump has thrown his support behind crypto firms in their high-stakes battle with U.S. banks over […]
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Epstein files: Goldman Sachs lawyer Kathryn Ruemmler asked to testify to House panel
FILE PHOTO: White House counsel Kathryn Ruemmler listens as President Barack Obama speaks at an installation ceremony for FBI Director James Comey at FBI Headquarters in Washington, Monday, Oct. 28, 2013. Charles Dharapak | AP The House committee investigating the notorious sex offender Jeffrey Epstein has asked Goldman Sachs‘ top lawyer, Kathryn Ruemmler, to testify […]
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Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
Key Points Blackstone president Jon Gray defended the quality of loans within the firm’s flagship private credit fund after investors as concerns in the sector are growing. Source
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Jamie Dimon says Trump’s $5 billion debanking lawsuit ‘has no merit’ but he’s sympathetic to concerns
Key Points JPMorgan Chase CEO Jamie Dimon said President Donald Trump’s lawsuit seeking $5 billion in damages for shuttering accounts was without merit. But he said he sympathized with the president’s anger over the episode. In recent court filings, JPMorgan acknowledged it closed dozens of accounts associated with Trump in the weeks after the Jan. […]
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3 themes that drove Wall Street’s wild week and the new U.S.-Iran conflict wildcard
Stocks swung wildly last week as investors wrestled with the impact of artificial intelligence on various sectors and the overall economy. This coming week is a wildcard after the U.S. and Israel attacked Iran. President Donald Trump said Saturday that “major combat operations” in Iran started overnight, with American and Israeli strikes on military and […]
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Nintendo plans around $1.9 billion share sale by Kyoto bank and others, sources say: Reuters
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images Nintendo plans an unwinding of strategic shareholdings that would see companies including […]
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HSBC annual pre-tax profit drops over 7%, revenue jumps as bank’s results top estimates
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating the estimates on the back of a strong performance in its wealth division and Hong […]
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