SoFi boosts profit forecast again amid financial services push
The San Francisco-based fintech reported record adjusted net revenue of $689 million for the third quarter, fueled by a 64% jump in its financial services and tech platform segments.
Pro-crypto House member wins Senate seat in California
Adam Schiff, known as a pro-cryptocurrency lawmaker, has also introduced bills that would regulate "revolving door" employment at banking regulators.
Bank stocks rise as investors await election results
Investors brushed off a potentially prolonged week of U.S. election results and instead focused on fresh economic data.
Campaign promises complicate outlook on Fed policy
The impact of both presidential candidates' fiscal promises around taxation and spending could have dramatic effects on the Federal Reserve's outlook for monetary policy, which has become more aggressive toward rooting out inflation.