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Bank CEOs expect Trump bump to business as profits surge – Yahoo Finance

NEW YORK (Reuters) – Wall Street chief executives on Wednesday reported a jump in profits as trading and trading recovered, and said the next U.S. administration will be business-friendly and good for banks. He expressed confidence that he was deaf. Market conditions are already favorable for banks, including a booming stock market and expectations that […]

Most Americans partly blame high insurance profits for UnitedHealthcare CEO killing: Poll

Nearly 7 in 10 Americans hold health insurance companies largely or moderately responsible for profits made by UnitedHealthcare CEO Brian Thompson earlier this month The latest public opinion poll shows that many people believe that there is. Thompson was shot to death last week outside a midtown Manhattan hotel where UnitedHealth Group was holding its […]

Biden admin loans Ukraine $20B backed by profits from ‘immobilized’ Russian assets

The Biden administration announced on Tuesday that it would distribute $20 billion in loans to Ukraine, with the funds recovered from profits generated by “immobilized” Russian assets. “These funds, paid for with windfall profits from Russia's own disabled assets, will provide a critical injection of support in defending Ukraine from an unprovoked war of aggression.” […]

BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin – Cointelegraph

Cryptocurrency mining company BIT Mining says its efforts to mine the proof-of-work coins Dogecoin and Litecoin are far more profitable than mining Bitcoin alone. BIT mining used to only mine Bitcoin (BTC), but said On December 4th, it announced that its expansion into Dogecoin (DOGE) and Litecoin (LTC) “has proven to be nearly three times […]

Auto industry may lose 17 percent of profits due to Trump’s tariff plan: Report

In a worst-case scenario, U.S. and European automakers could lose up to 17% of their combined annual core profits if the U.S. imposes high tariffs on Mexico and Canada, two of the U.S.'s main allies. Yes, according to a report released by S&P Global on Friday. The report comes as President-elect Trump threatens to impose […]