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Citi, Bank of America post higher profits as traders cash in on tariff turmoil

Two of the largest banks in the United States, Citigroup and Bank of America, earned better than expected in the first three months of the year as President Donald Trump raised higher revenue amid the threat of launching a world trade war. The banks enjoyed the benefits of investors adjusting their portfolios after being surprised […]

AOC hauls in behemoth $9.6M cash during first-quarter fundraising

According to campaign finance disclosures, “Squad” Rep. Alexandria Ocasio-Cortez covered an eye-catching $9.6 million, $9.6 million in the first quarter of this year. For context, the next best quarterly ocasio-cortez (d-ny) was raked together $4.4 million Following review of her campaign finance records by the Post in 2020. “AOC has won the strongest quarter of […]

Zelle ends cash transfer services on standalone app

Bank of America Chairman and CEO Brian Moynihan talks about changes in policy and regulations, the economic future for 2025, bank growth, fee trajectory and predictions on investment in artificial intelligence. Zelle Network terminated its cash transfer service on Tuesday with a standalone application, redirecting users to more than 2,200 banks and credit unions, and […]

Reform of cash Isas is still on the agenda. Quite right, too | Nils Pratley

hOff from our cash Isas! Don't punish savers for choosing safety! Don't force everyone to stock or shares! If you take away the banks and build society from their most attractive sources of deposits, consider the chaos that will cause for first-time buyers! Don't fall into the selfish lobbying of city fund managers! The screams […]

The Postal Service is bleeding cash, but the DOGE can stop the hemorrhaging

The government's Efficiency Bureau is partnering with the US Postal Service, which is a good thing. Last week, postmaster Louis DeJoy He told Congress He reached an agreement with Doge, eradicating inefficiency and assisting the service in addressing “big problems.” Most of them are financial. As an early cost reduction gesture, USPS is Reduce the […]

Boeing scores government deal, sees cash flow improving in welcome week

President Donald Trump chose the aerospace giant to build the next generation of aviation control platforms. Boeing took a break this week with two good news that sent its stock price by over 10% over the past five days. The US Air Force selected the aerospace giant on Friday to build and deliver the next […]