DAVID MARCUS: Why Teamsters members think Trump, not Harris, is the real friend of the working man
Just days after Vice President Kamala Harris met with the leaders of the International Brotherhood of Teamsters to appeal for their endorsement, one that almost always goes blue, the union told her to kick rocks, declining to endorse either her
Bank stocks rise after Fed cuts benchmark rate by half point
Policymakers signaled more reductions lie ahead, a development that could curb lenders' net interest income in the near term but support economic growth and credit quality.
Powell: regulators will ‘move as a group’ on Basel re-proposal
The Federal Reserve chair said he supports the revised proposal outlined by Vice Chair for Supervision Michael Barr last week, and said the new proposal would get a vote by the full Board of Governors early next year.
Top 10 Cobalt Producers by Country (Updated 2024)
The cobalt market is facing high demand, but analysts advise that production is also on the rise. One of the metal’s main catalysts is excitement about electric vehicles. The lithium-ion batteries that power electric vehicles require lithium, graphite and cobalt, among
What bankers can learn from the CBA’s foray into influencer campaigns
The Consumer Bankers Association launched its first campaign using social media influencers to promote credit card education, experimenting with a mix of personalities and refraining from specific card recommendations.
UK, Sweden plan to protect cash; Canada loves contactless pay
Regulators in two countries are strengthening rules requiring banks and merchants to accept paper, while a majority of Canadian payments are now tap to pay.
Where have all the new banks gone?
Only one de novo has opened in 2024, while more than 100 launched annually prior to the 2008 financial crisis. Experts don't agree on how to solve the problem.
Fed cuts interest rates by half percentage point
The move signals the end of the Federal Reserve's battle against runaway inflation in the wake of the COVID-19 pandemic. Fed officials expressed divergent views on further action this year.
Do credit unions have an overdraft problem?
Overdraft fees continue to be in the spotlight, with the Consumer Financial Protection Bureau proposing a rule essentially to cap them. Certain credit unions are also now required to disclose additional information on this revenue stream.
What are Prefeasibility and Feasibility Studies?
Resource investors new to the market might see quite a few unfamiliar phrases in news releases. Prefeasibility and feasibility studies are definitely two key mining terms to know. Prefeasibility and feasibility studies are inherently linked to each other — understanding their