The State of New York, being represented by New York Attorney General (AG) Letitia James, is now suing the parent company of the digital payment app Zelle.
Read More N.Y. sues Zelle parent company, accusing it of ‘catastrophic’ consumer fraudTag: JPMorgan Chase
Report: Celtics’ $6.1B sale expected to close within two weeks
The $6.1 billion sale of the Boston Celtics to William Chisholm and partners is expected to close within the next two weeks.
Read More Report: Celtics’ $6.1B sale expected to close within two weeksBofA stock surges after boosting profit on trading gains, interest income
Bank of America topped estimates for first-quarter profit as interest income grew and volatile markets helped its stock traders rake in a record haul.
Read More BofA stock surges after boosting profit on trading gains, interest incomeNasdaq falls over 3% to six-month low on growth concerns
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
Read More Nasdaq falls over 3% to six-month low on growth concernsCredit Card Defaults At Highest Level Since Great Recession In 2008
According to the Financial Times, U.S. credit card defaults increased to their highest level since the start of the 2008 Great Recession, which is a telling sign that lower-income Americans are struggling after dealing with years of high inflation.
Read More Credit Card Defaults At Highest Level Since Great Recession In 2008Report: Donald Trump Has Been Secretly Discussing WH Agenda With JPMorgan CEO Jamie Dimon For Months
Multiple reports have revealed that JPMorgan Chase CEO Jamie Dimon has been communicating with President-elect Donald Trump in recent months through secret back channels, helping Trump with advice on his policy-agenda.
Read More Report: Donald Trump Has Been Secretly Discussing WH Agenda With JPMorgan CEO Jamie Dimon For Months