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Chime Files for IPO, Reveals $33M Dallas Mavericks Deal
Banks

Chime Files for IPO, Reveals $33M Dallas Mavericks Deal

Posted on: May 14, 2025

Digital consumer bank Chime has officially filed for its Initial Public Offering (IPO) by submitting its S-1 paperwork on Tuesday. This move comes after Chime reportedly submitted confidential […]

Trump Signs Rollbacks of Biden-Era Financial Rules
Banks

Trump Signs Rollbacks of Biden-Era Financial Rules

Posted on: May 13, 2025

President Trump has signed two rollbacks of financial regulations established during the Biden administration. The first rule, which aimed to cap overdraft fees charged by banks and credit […]

Berkshire Hathaway B Shares: A Good Buy Below $550?
Banks

Berkshire Hathaway B Shares: A Good Buy Below $550?

Posted on: May 12, 2025

Warren Buffett announced his plan to step down as CEO of Berkshire Hathaway (BRK.A 0.18%) (BRK.B 0.09%) by the end of 2025, with Greg Abel taking over as […]

David Steiner Appointed as Next US Postmaster General Amid Concerns Over Potential Privatization
Banks

David Steiner Appointed as Next US Postmaster General Amid Concerns Over Potential Privatization

Posted on: May 11, 2025

The US Postal Service Board of Governors announced that David Steiner, a FedEx board member, will become the next postmaster general. This decision comes amid concerns that the […]

TD Bank Closing Multiple Branches Amid Money Laundering Fallout
Banks

TD Bank Closing Multiple Branches Amid Money Laundering Fallout

Posted on: May 11, 2025

TD Bank is set to close dozens of branches across multiple states, including five in New Jersey, following its guilty plea in a money laundering scheme that funneled […]

A Journey to Warren Buffett’s Annual Meeting and Witnessing History
Banks

A Journey to Warren Buffett’s Annual Meeting and Witnessing History

Posted on: May 11, 2025

My nine-hour flight from London to Chicago became more engaging after discovering my seatmate was also heading to Warren Buffett’s annual meeting. The young value investor in his […]

Banks

Celsius Founder Sentenced to 12 Years in Prison

Posted on: May 9, 2025

The founder of Celsius Network, Alex Mashinsky, has been sentenced to 12 years in prison. This decision comes amidst ongoing scrutiny and legal actions in the financial sector. […]

Wall Street Bonuses Expected to Drop Amid Economic Uncertainty
Banks

Wall Street Bonuses Expected to Drop Amid Economic Uncertainty

Posted on: May 9, 2025

The year so far has not been favorable for Wall Street bonuses. According to recent reports, Wall Street bonuses are set to decline due to economic uncertainty caused […]

Shareholders Sue UnitedHealthcare Over Misleading Statements Post-CEO’s Death
Banks

Shareholders Sue UnitedHealthcare Over Misleading Statements Post-CEO’s Death

Posted on: May 9, 2025

A group of shareholders has filed a lawsuit against UnitedHealthcare Group, alleging the company misled investors following the death of its CEO, Brian Thompson. The class action lawsuit, […]

Bank of England Cuts Rates Amid Global Economic Uncertainty
Banks

Bank of England Cuts Rates Amid Global Economic Uncertainty

Posted on: May 8, 2025

The Bank of England (BOE) cut its key interest rate to 4.25% from 4.5%, marking its fourth reduction in seven meetings. This decision came a day after the […]

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