Banks
I spent the week with tech CEOs. Here’s what they’re talking about
Fabricio Bloisi, chief executive officer of Prosus NV, during a Bloomberg Television interview at the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 23, 2025. The annual Davos gathering of political leaders, top executives and celebrities runs from January 20 to 24. Photographer: Hollie Adams/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty […]
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Sen. Warren blasts CFPB director for undermining Trump’s credit card affordability push
U.S. Senator Elizabeth Warren (D-MA) and Director of the United States Office of Management and Budget, Russell Vought. Kevin Mohatt | Kevin Lamarque | | Reuters Sen. Elizabeth Warren on Friday accused the acting head of the Consumer Financial Protection Bureau of undermining President Donald Trump’s stated push to make credit cards more affordable, according […]
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Wall Street braced for a private credit meltdown. The risk of one is rising
Key Points Private credit has surged in popularity since post-financial crisis regulations discouraged banks from serving riskier borrowers. JPMorgan Chase CEO Jamie Dimon warned after a pair of private credit-backed companies declared bankruptcy that problems in credit are rarely isolated. Companies that are most linked to the asset class, such as Blue Owl Capital, as […]
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Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal
In this article COF Follow your favorite stocksCREATE FREE ACCOUNT Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said it would pay […]
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These 4 turnarounds are making headway – plus, updates on our 30 other stocks
Jim Cramer and Jeff Marks, the Club’s director of portfolio analysis, on Thursday delivered updates on all 34 Club holdings during the January Monthly Meeting. Here are the highlights from the first meeting of 2026, starting with our four turnaround stories: 4 turnaround plays Nike: The apparel and sneaker retailer has shown real signs of […]
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Trump sues Jamie Dimon, JPMorgan Chase over alleged ‘political’ debanking
President Donald Trump sued JPMorgan Chase and its CEO, Jamie Dimon, on Thursday for closing his and related entities’ accounts in early 2021 after decades of being customers of the bank, allegedly for political reasons. The closures came on the heels of the Jan. 6, 2021, riot by Trump supporters at the U.S. Capitol, and […]
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Zelenskyy lays into ‘lost’ Europe for trying to ‘change’ Trump and not dealing with global threats
Volodymyr Zelenskiy, Ukraine’s president, during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. Bloomberg |Getty Images Ukraine’s president, Volodymyr Zelenskyy, has accused Europe of being “lost” and trying to convince U.S. President Donald Trump to help them, rather than uniting to defend itself. “Instead of taking the lead in defending […]
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Newsom shows off knee pads for CEOs ‘selling out’ to the Trump administration
Gavin Newsom, governor of California, holding a knee pad during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. Bloomberg | Getty Images California Gov. Gavin Newsom on Thursday showed off knee pads that he suggested were for leaders “selling out” to the Trump administration. Speaking at the World Economic Forum […]
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Trump signed his Gaza ‘Board of Peace’ into being. Here’s who’s on it — and who isn’t
DAVOS, SWITZERLAND – JANUARY 21: U.S. President Donald Trump speaks onstage with President and CEO of the World Economic Forum Børge Brende at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. The annual meeting of political and business leaders comes amid rising tensions between the United States and Europe over a […]
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Nvidia’s Huang says AI boom will create ‘six-figure salaries’ for those building chip factories
Female Engineer Inspecting Control Panel and Taking Notes for Safety and Maintenance at Power Station Serts | E+ | Getty Images Nvidia CEO Jensen Huang has said the AI boom will create “six-figure salaries” for those building the factories supporting it — becoming the latest leader to recommend skilled trades as AI hits office jobs. […]
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