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Breaking the bank: are Hollywood stars getting paid too much? | Movies

MaThe weekend that it was announced that Robert Downey Jr. would be returning to the Marvel Universe, Marvel was definitely expecting a hero’s welcome, and at least at San Diego Comic-Con, that’s what happened. The thing is, Downey won’t be playing Tony Stark, the Tony Stark whose ending will remain unchanged in Avengers: Endgame, but […]

Buffett cuts Bank of America stake, sales top $3 billion – Yahoo Finance

Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc sold more shares of Bank of America Corp to lock in profits after a big surge in the second-largest U.S. bank’s shares, bringing sales to more than $3 billion this month. Berkshire Hathaway sold 18.4 million shares of Bank of America stock between July 25 and […]

Bank Regulatory Agencies Considering ‘Additional Steps’ to Govern Bank-FinTech Arrangements – PYMNTS.com

Three federal banking regulators said on Thursday they are considering “additional measures” to help banks effectively manage the risks associated with bank-fintech partnerships. The authorities: Joint statement Investigate banks’ third-party deposit agreements; Request Information About collaboration between banks and fintech. of Federal Reserve Board, Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of […]

Central Bank Folly and Its Repercussions

Estimated Reading Time: 5 minutes Most readers are likely familiar with discussions concerning Quantitative Easing.  This was pioneered by Japan’s central bank and modified and emulated by many central banks around the world. Its adoption by US authorities was vital as the Federal Reserve acts as the defacto central bank, of central banks.  While arcane, it […]

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