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Tag: Financial services

How the rich pass on their wealth. And how you can too

February 16, 2026February 16, 2026 · Finance

NEW YORK — Death and taxes may be inevitable. A big bill for your heirs is not. The rich have made an art of avoiding taxes and making…

Read more How the rich pass on their wealth. And how you can too

Anthropic hits a $380B valuation as it heightens competition with OpenAI

February 12, 2026February 16, 2026 · Technology

Artificial intelligence company Anthropic says it is now valued at $380 billion, cementing its position alongside rival OpenAI and Elon Musk’s SpaceX in a trio of the world’s…

Read more Anthropic hits a $380B valuation as it heightens competition with OpenAI

Ocean Financial opens micro-branch at Mercy Hospital | Long Island Business News

January 21, 2026January 22, 2026 · Business

Ocean Financial Federal Credit Union opens a 200 sq. ft. micro-branch at Mercy Hospital, offering banking services for staff and volunteers Adina Genn Source link

Read more Ocean Financial opens micro-branch at Mercy Hospital | Long Island Business News

US futures slip while world shares are mixed as Fed chair Powell faces legal threat

January 12, 2026January 12, 2026 · Finance

BANGKOK — U.S. futures sank Monday after Federal Reserve Chair Jerome Powell said the Department of Justice had served the central bank with subpoenas. Markets in Europe were…

Read more US futures slip while world shares are mixed as Fed chair Powell faces legal threat

Modern banking, reinvented: CIBC’s blueprint for successful AI transformation – Microsoft in Business Blogs

January 7, 2026January 10, 2026 · Business

Financial services organizations continue to navigate the same realities: rising regulatory demands, growing cyber risks, and operational processes that still depend heavily on manual effort. Yet 2026 marks…

Read more Modern banking, reinvented: CIBC’s blueprint for successful AI transformation – Microsoft in Business Blogs

A year after LA wildfires destroyed thousands of homes, fewer than a dozen rebuilt

January 6, 2026January 7, 2026 · Finance

LOS ANGELES — On the first anniversary of the most destructive wildfires in the L.A. area, the scant home construction projects stand out among the still mostly flattened…

Read more A year after LA wildfires destroyed thousands of homes, fewer than a dozen rebuilt

Asian shares and US futures advance, as Tokyo’s Nikkei 225 hits a record high

January 6, 2026January 6, 2026 · Finance

BANGKOK — Asian shares logged strong gains, with Tokyo’s benchmark closing at a record high on Tuesday, after a broad rally on Wall Street. Oil prices fell back…

Read more Asian shares and US futures advance, as Tokyo’s Nikkei 225 hits a record high

Some Warren Buffett wisdom on his last day leading Berkshire Hathaway

December 31, 2025December 31, 2025 · Finance

OMAHA, Neb. — The advice that legendary investor Warren Buffett offered on investing and life over the years helped earn him legions of followers who eagerly read his…

Read more Some Warren Buffett wisdom on his last day leading Berkshire Hathaway

Iran appoints new central bank governor after record currency fall and mass protests

December 31, 2025January 3, 2026 · Finance

TEHRAN, Iran — Iran on Wednesday appointed a new governor to the central bank after the former one resigned following a record currency fall against the U.S. dollar…

Read more Iran appoints new central bank governor after record currency fall and mass protests

With the legendary Warren Buffett stepping back, Berkshire Hathaway enters a new era

December 30, 2025December 30, 2025 · Finance

OMAHA, Neb. — OMAHA, Neb. (AP) — Greg Abel faces the challenge of taking over Berkshire Hathaway from the legendary Warren Buffettthis week. Many regard Buffett as the…

Read more With the legendary Warren Buffett stepping back, Berkshire Hathaway enters a new era

More thrifting and fewer returns, the early trends that defined shopping this holiday

December 26, 2025December 26, 2025 · Finance

NEW YORK — The shopping rush leading up to Christmas is over and in its place, like every year, another has begun as millions of people hunt for…

Read more More thrifting and fewer returns, the early trends that defined shopping this holiday

What to know about the Bank of Japan’s interest rate hike

December 19, 2025December 19, 2025 · Finance

The Bank of Japan raised its key policy rate to a 30-year high on Friday to help curb inflation, as widely expected, and financial markets took the move…

Read more What to know about the Bank of Japan’s interest rate hike

The Bank of England cuts its key interest rate from 4% to 3.75%

December 18, 2025December 18, 2025 · Finance

LONDON — The Bank of England on Thursday cut its key interest rate for the first time in four months amid signs that the stubbornly high inflation that…

Read more The Bank of England cuts its key interest rate from 4% to 3.75%

Founder of bankrupt subprime auto lender Tricolor Holdings is charged with fraud

December 17, 2025December 17, 2025 · Breaking News

NEW YORK — The founder of Tricolor Holdings and other executives of the subprime auto lender were charged Wednesday with what federal authorities say was a massive fraud…

Read more Founder of bankrupt subprime auto lender Tricolor Holdings is charged with fraud

A sharp drop for Oracle keeps Wall Street in check as most US stocks rise

December 11, 2025December 11, 2025 · Breaking News

NEW YORK — Most U.S. stocks are rising on Thursday, but a drop for Oracle is holding Wall Street back as investors question whether its big spending on…

Read more A sharp drop for Oracle keeps Wall Street in check as most US stocks rise

World shares are mixed in holiday-thinned trading with Wall Street closed for Thanksgiving

November 28, 2025November 28, 2025 · Finance

MANILA, Philippines — World shares were mixed Friday in holiday-thinned trading as tech stocks slipped as a recent rebound driven by hopes for an interest rate cut by…

Read more World shares are mixed in holiday-thinned trading with Wall Street closed for Thanksgiving

World shares are mixed in holiday-thinned trading with Wall Street closed for Thanksgiving

November 28, 2025November 28, 2025 · Breaking News

MANILA, Philippines — World shares were mixed Friday in holiday-thinned trading as tech stocks slipped as a recent rebound driven by hopes for an interest rate cut by…

Read more World shares are mixed in holiday-thinned trading with Wall Street closed for Thanksgiving

IPO market’s red-hot year has been cooled by the shutdown and more caution among investors

November 23, 2025November 23, 2025 · Business

NEW YORK (AP) — A strong year for initial public offerings on Wall Street has fizzled out due to the government shutdown and a cautious turn by investors.…

Read more IPO market’s red-hot year has been cooled by the shutdown and more caution among investors

IPO market’s red-hot year has been cooled by the shutdown and more caution among investors

November 22, 2025November 22, 2025 · Finance

NEW YORK — A strong year for initial public offerings on Wall Street has fizzled out due to the government shutdown and a cautious turn by investors. Many…

Read more IPO market’s red-hot year has been cooled by the shutdown and more caution among investors

Bubble fears ease but investors still waiting for AI to live up to its promise

November 21, 2025November 22, 2025 · Technology

Fears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia that illustrated why its indispensable…

Read more Bubble fears ease but investors still waiting for AI to live up to its promise
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