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Consumers, for one thing, are generally staying on top of their debt. JPMorgan Chase, Bank of America, Citigroup, and Wells ...
Warren Buffett, the so-called Sage of Omaha, has been shedding his US bank holdings. At the start of the year, Buffett’s ...
Bank of America beat estimates for second-quarter profit on Wednesday, driven by tumultuous markets that helped its traders ...
The stablecoin bill is the centerpiece of a legislative push Trump has dubbed “Crypto Week.” Earlier Thursday, the House also passed a broad crypto market structure bill that still has to be ...
Some large US lenders, including Bank of America (BofA) and Citibank, are working on launching stablecoins at a time when the country is looking to adopt more crypto-friendly regulations.
Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step ...
The House voted 308 to 122 in favour of the so-called Genius Act to regulate stablecoins, tokens pegged to assets such as the ...
Bank of America weighs stablecoin plan; Morgan Stanley, Citi, JPMorgan monitor. Trump-backed crypto bills may reshape ...
Unlike more volatile cryptocurrencies, stablecoins are designed to hold their value and settle payments instantly, around the clock.
The president reportedly brandished a letter firing the Fed chair, then backed off, saying he likely wouldn’t dismiss him ...
U.S. Bancorp notched a rise in earnings for the latest quarter as it benefited from a lower loan-loss provision and growth in fee income. Jittery markets are swelling trading revenue and profit, ...