Investment bankers say Trump mergers and acquisitions boom already underway
Financial business leaders converged on the University of Miami to discuss the regulatory and political landscape expected under Trump and the anticipated effect on corporate America.
If you are 60 years old, new 401(k) rules could save you money
The 401(k) rules allow you to save more if you are close to retirement. Those rules got even better with the start of 2025 if you are aged 60-63. Here's what you need to know..
Crypto industry awaits Trump's CFTC chair pick as Behnam announces exit
The Trump transition team has vetted at least half a dozen potential candidates to run the Commodity Futures Trading Commission, with two front-runners emerging.
Expert lauds DOGE's plan for bank regulators: 'We need these people to go away'
Trendmacro CIO Don Luskin weighs in on DOGE's calls to cut back on bank regulators, the economic impact of mass deportations and housing affordability.
Trump nominates Paul Atkins to lead Securities and Exchange Commission
Paul Atkins was a former SEC commissioner during former President George W. Bush's administration and founder of financial consulting firm Patomak Global Partners.
Perianne Boring among contenders to lead agency involved with crypto in Trump admin
President-elect Trump is weighing candidates to lead the CFTC in his administration, with the agency set to play a key role in regulating cryptocurrencies and digital assets.
Trump admin eyes CFTC to lead digital asset regulation
The incoming Trump administration wants to expand the power of the CFTC by granting it oversight of a significant portion of the $3 trillion digital asset market.
SEC Chair Gary Gensler to step down in January
SEC Chair Gary Gensler announced that he will resign from his role leading the financial regulator on Inauguration Day when President-elect Trump takes office.
Biden administration has been 'waging a war on crypto,' Ripple CEO says
Ripple CEO Brad Garlinghouse on his outlook for the cryptocurrency industry under a Trump presidency, the president-elect's meeting with Coinbase CEO Brian Armstrong and his potential SEC chair contenders.
Bitcoin surges to a new record high, topping $84,000
Bitcoin prices rose to a new record high of more than $84,500 on Monday as its record-setting run continued in the wake of President-elect Trump's victory in last week's election.
Apple and Goldman Sachs ordered to pay $89M over Apple Card failures
Apple and Goldman Sachs are being ordered by the Consumer Financial Protection Bureau to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and regulatory violations.
Musk looks to end Twitter lawsuit, suggests late disclosure was a mistake
Billionaire Elon Musk is arguing that his late disclosure of Twitter stock purchases was a mistake in an effort to dismiss a proposed class action lawsuit brought by shareholders.
Yellen to warn of 'significant risks' of AI in finance while acknowledging 'tremendous opportunities'
Treasury Secretary Janet Yellen will deliver a speech Thursday warning of the "significant risks" posed by AI in finance, while acknowledging the "tremendous opportunities" it offers.
FDIC Chair Gruenberg refuses to resign
Federal Deposit Insurance Corporation Chair Martin Gruenberg vowed to rectify conduct at his agency Wednesday, side-stepping calls for his resignation.
Republic First seizure signals more bank failures to come, expert warns
The seizure of Republic First marked the first bank failure in the U.S. in 2024 and has reignited concerns of contagion after a string of regional banks collapsed early last year.
Justice Department to sue Ticketmaster, Live Nation for alleged monopoly over ticketing industry: report
Ticketmaster's parent company, Live Nation, could face an anti-trust lawsuit from the Department of Justice as soon as next month, a report says.
Dimon says AI could have similar impact as the printing press, electricity and internet
JPMorgan Chase CEO Jamie Dimon said in his annual letter to shareholders that artificial intelligence can be as transformational as the printing press, electricity and the internet.
Senator Warren urges SEC to investigate Tesla over board independence
Senator Elizabeth Warren, D-Mass., sent a letter to the SEC urging the financial regulator to investigate Tesla CEO Elon Musk and conflicts of interest with Tesla's board of directors.
NYCB takes more action as CEO works a new business plan
New York Community Bank's incoming CEO said Thursday he's planning to present a new business plan in late April after NYCB got a $1 billion lifeline from investors.
Embattled bank NYCB lands $1B investment from group including Mnuchin's firm
Troubled regional lender New York Community Bank announced Wednesday that it secured a $1 billion investment from a group that includes former Treasury Secretary Steve Mnuchin's firm.