UBS shares spike after new capital regulations are proposed, stirring debate on the bank's future and competitiveness. How will this impact the Swiss financial landscape?
In its latest quarterly rebalancing, S&P Dow Jones Indices kept the S&P 500 membership unchanged, leaving Wall Street analysts buzzing about Robinhood's recent stock surge and subsequent drop.
UBS Group AG is facing up to $26 billion in new capital requirements due to Swiss banking reforms, with significant implications for its foreign unit stakes. This announcement brings much-needed clarity to investors after months of uncertainty.
In a stark warning, JPMorgan CEO Jamie Dimon highlights potential turmoil in the bond market due to escalating U.S. debt. Investors are urged to diversify as fears of a fiscal crisis loom. Discover what this means for your investments!
As inflation and interest rates soar, many Americans are struggling to manage their finances. With rising debt loads and increasing defaults, the economic outlook is grim for households. Discover how these factors are affecting consumers and their spending habits.
As Elon Musk steps away from his government role, questions arise about the future of DOGE and its influence on Trump's policies. What challenges lie ahead for the tech mogul?
In a surprising unanimous vote, the Senate passed the No Tax on Tips Act, aiming to eliminate federal income tax on cash tips for eligible workers. What does this mean for your finances? Discover the implications and potential benefits!
UK's annual inflation rate increased to 3.5% in April, surpassing expectations. This rise, driven by energy prices and other factors, raises questions about future interest rates and economic stability.
The 'One Big, Beautiful Bill Act' promises sweeping changes, impacting millions of Americans through Medicaid cuts, SNAP eligibility tightening, and tax reforms. Discover what this megabill could mean for your finances.
Major cryptocurrencies like ether, XRP, and dogecoin experienced a 3% drop following Moody's downgrade of the U.S. credit rating. This decision has shaken investor confidence, impacting both crypto and traditional markets.