Finance

The latest financial news, covering markets, banking, and money management.

January 22, 2026

Trump files $5bn lawsuit against JPMorgan and Dimon

Lawsuit alleges political debanking U.S. President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its chief executive Jamie Dimon, accusing the bank of unlawfully closing several of

January 21, 2026

Natural gas prices jump as Arctic cold grips the U.S.

Energy markets react to extreme winter forecast Natural gas prices surged sharply on Wednesday as forecasts pointed to an intense Arctic cold front sweeping across large parts of the United States. Traders

January 15, 2026

UK court backs regulator on cross-border card fee caps

Payments firms lose challenge against UK watchdog Mastercard, Visa and British fintech Revolut have lost a legal challenge against Britain’s payments regulator over plans to introduce a cap on cross-border card fees.

U.S. Holiday Retail Sales Rise as Shoppers Seek Deals

by Jamie Spencer

Spending grows despite tighter household budgets U.S. retail sales have climbed by roughly 4% so far this holiday season, reflecting a consumer base that is spending carefully while still making room for

December 23, 2025

RBC boosts dividend as record results fuel global ambitions

by Jamie Spencer

Strong earnings power a higher payout for shareholders Royal Bank of Canada reported a record fourth quarter, prompting its board to raise the quarterly common share dividend to $1.64, a six per

December 4, 2025

Dollar Weakens Amid Fed Dovishness and Trade Tensions

by Jamie Spencer

Dollar drops against euro, pressured by Fed and shutdown fears The U.S. dollar slipped for a third consecutive day against the euro on Thursday, reflecting growing concerns over Federal Reserve dovish signals

October 16, 2025

Gold rises ahead of Jackson Hole and Fed pressure

by Jamie Spencer

Gold rebounds after recent lows Gold prices rose 0.9% on Wednesday to $3,344.37 per ounce, boosted by a weakening U.S. dollar. The market reacted to the Federal Reserve’s July meeting minutes, which

August 20, 2025

JPMorgan Nears Deal to Take Over Apple Card

by Jamie Spencer

Goldman Retreats as JPMorgan Steps In JPMorgan Chase is close to securing a major deal to assume control of the Apple Card from Goldman Sachs, according to sources familiar with the discussions.

July 29, 2025

TD Joins Office Return Trend Amid Desk Shortage

by Jamie Spencer

Major Banks Push for In-Person Work—But Offices Strain Canada’s banking sector is shifting gears on hybrid work. Toronto-Dominion Bank is the latest institution requiring employees to return to corporate offices four days

July 23, 2025

Amex and JPMorgan Plan Major Credit Card Updates

by Jamie Spencer

The rivalry between top-tier premium credit cards is intensifying as JPMorgan Chase and American Express prepare major updates to their flagship products. Both issuers aim to attract affluent customers with expanded perks

June 16, 2025

New York Sues Capital One Over Savings Account Practices

by Jamie Spencer

Capital One Faces Lawsuit for Deceptive Practices in Savings Accounts Capital One (COF.N) was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of defrauding customers by

May 14, 2025

February Jobs Report Shows Modest Gains

by Jamie Spencer

The February jobs report released on Friday showed slightly higher job gains and a rise in the unemployment rate to 4.1%, adding to investor concerns about the U.S. labor market and broader

March 7, 2025

goldman-sachs-turns-to-private-markets-for-growth-&-pay

Goldman Sachs Embraces Private Markets for Growth and Executive Compensation

by Jamie Spencer

What Happened Goldman Sachs (GS), one of Wall Street’s most iconic investment banks, is doubling down on private markets as a cornerstone of its growth strategy. Last week, the firm made significant

January 21, 2025

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