U.S. regulators toss out rules requiring banks to prepare for climate change

Key Points

Regulators are doing away with controversial regulations that required banks to plan for losses in the event of climate-related events, according to an announcement Thursday.
Trump administration officials have criticized the Fed for falling prey to mission creep, or exceeding the scope of its mandates for monetary policy and bank supervision.

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Finance

Stocks making the biggest moves midday: Oracle, AST SpaceMobile, Revolution Medicines and more

October 17, 2025

Check out the companies making the biggest moves midday: AppFolio — The cloud-based business software provider climbed 7% after an upgrade to overweight from equal weight at KeyBanc, with a 12-month price target of $285, according to FactSet’s StreetAccount service. AST SpaceMobile — Shares in the space-based broadband cellular network dropped 6% after more than […]

Finance

Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio

October 17, 2025

ETF Edge Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio Published Fri, Oct 17 202511:50 AM EDTUpdated 14 Min Ago Krysta Escobar WATCH LIVE Source

Finance

Moody’s says the banking system, private credit markets are sound despite worries over bad loans

October 17, 2025

Key Points Despite worries over bad loans at midsize U.S. banks, there’s little evidence of a systemic problem, according to Marc Pinto, Moody’s head of global private credit. “One cockroach does not a trend make,” Pinto said. Market sentiment appeared to improve Friday after a sell-off Thursday. Source