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Technology

SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto

After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat...

Finance

Bank of America tops estimates on better-than-expected investment banking, interest income

Bank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income.Here's what the company...

Finance

Stocks making the biggest moves premarket: UnitedHealth, Morgan Stanley, Target, Southwest & more

Check out the companies making headlines in premarket trading. UnitedHealth Group – Shares dropped more than 3% after the company's fourth-quarter revenue came in...

Finance

JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects

CEO of Chase Jamie Dimon looks on as he attends the seventh "Choose France Summit", aiming to attract foreign investors to the country, at...

Finance

Stocks making the biggest moves midday: Novo Nordisk, Mission Produce, Occidental Petroleum and more

Check out the companies making headlines in midday trading: JPMorgan , Bank of America , Wells Fargo — The three U.S. banks that dominate...

Finance

CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud

Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Consumer Financial Protection Bureau's Semi-Annual...

Finance

CFPB announces rule limiting bank overdraft fees; trade group sues in response

Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023.Tom Williams | Cq-roll Call, Inc. |...

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