banking – One America News Network

CHICAGO, ILLINOIS - AUGUST 22: U.S. Sen. Tammy Baldwin (D-WI) departs after speaking on stage during the final day of the Democratic National Convention at the United Center on August 22, 2024 in Chicago, Illinois. Delegates, politicians, and Democratic Party supporters are gathering in Chicago, as current Vice President Kamala Harris is named her party's presidential nominee. The DNC takes place from August 19-22. (Photo by Kevin Dietsch/Getty Images)

Wisconsin Senate Race Results

Tammy Baldwin has won Wisconsin’s Senate race.

Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. REUTERS/Lucy Nicholson/File Photo

Warren Buffett offloads Bank of America shares worth $982 million in latest sale

Billionaire Warren Buffett’s Berkshire Hathaway has sold some more shares of Bank of America over the past few days, raking in $981.9 million.

United Airlines employees wait by a departures monitor displaying a blue error screen, also known as the “Blue Screen of Death” inside Terminal C in Newark International Airport, after United Airlines and other airlines grounded flights due to a worldwide tech outage caused by an update to CrowdStrike's "Falcon Sensor" software which crashed Microsoft Windows systems, in Newark, New Jersey, U.S., July 19, 2024. REUTERS/Bing Guan/File Photo

As losses mount, CrowdStrike says bug in quality control process led to botched update

A software bug in CrowdStrike’s quality control system caused the software update that crashed computers globally last week.

Travelers walk past a monitor displaying a blue error screen, also known as the "Blue Screen of Death" inside Terminal C in Newark International Airport, after a worldwide tech outage caused by an update to Crowdstrike's "Falcon Sensor" software which crashed Microsoft Windows systems, in Newark, New Jersey, U.S., July 19, 2024. REUTERS/Bing Guan/File Photo

CrowdStrike shares tumble 13% on IT outage impact

Microsoft said about 8.5 million Windows devices, or less than 1% of all Windows machines, were affected.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 9, 2024. REUTERS/Brendan McDermid

Wall Street ends down as US retail sales data crimps rate cut bets

Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.

A woman looks through the window of a closed commercial business at the Promenade in Santa Monica, California, on September 13, 2022. - US annual inflation slowed slightly in August, largely thanks to falling gasoline prices -- but likely not enough to satisfy the Federal Reserve and President Joe Biden, as high prices continue inflicting pain on Americans. (Photo by Apu GOMES / AFP) (Photo by APU GOMES/AFP via Getty Images)

Almost 10,000 American bank branches shut down since 2019, pushing towards automation

Almost 10,000 bank branches have closed in the United States in the last few years, hastening the country’s shift to computerized, automated banking and less need for bank employees.