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Senator Cynthia Lummis (R-Wyoming) has accused the Federal Deposit Insurance Corporation (FDIC) of attempting to conceal information about Operation ChokePoint 2.0, an initiative allegedly pressuring banks to limit services to the digital asset...

Bank of America announces $1.5 billion note redemption scheduled for February

Bank of America Corporation has announced its intention to redeem all $1.5 billion in outstanding Floating Rate Senior Notes, due February 2026, on February 5, 2025.

Morgan Stanley launches futures company in China

Morgan Stanley has announced the official launch of its wholly-owned subsidiary, Morgan Stanley Futures (China) Co., Ltd., which will offer brokerage services for China's onshore commodity futures market.

Louisiana faces high insurance costs due to legal system abuse

Legislative reforms enacted in 2024 are a positive initial step towards improving Louisiana's insurance market, according to the Insurance Information Institute (Triple-I).

Coinbase CEO on transaction delays: 'We were not anticipating this level of surge'

Brian Armstrong, co-founder and CEO of Coinbase, announced that the team is working on scaling Solana infrastructure to manage an unexpected increase in activity.

Eric Trump on crypto industry: 'We're just getting started!'

Eric Trump has described the Trump memecoin as "the hottest digital meme on earth" and expressed his belief that "WorldLibertyFi will revolutionize DeFi/Cefi and will be the future of finance."

Torch Clean Energy partners with Morgan Stanley Infrastructure for expansion

Morgan Stanley Infrastructure Partners (MSIP) and Torch Clean Energy have announced a strategic partnership aimed at expanding the Torch platform.

Goldman Sachs announces new leadership roles to drive strategic goals

Goldman Sachs has announced a series of leadership changes aimed at advancing its strategic objectives.

Investor sentiment steady despite inflation concerns

Morgan Stanley Wealth Management has released the findings of its quarterly retail investor pulse survey.

Bank of America announces preferred stock dividends for Q1 2025

By Business Daily | Jan 18, 2025

Bank of America Corporation has announced that its Board of Directors approved regular cash dividends for the first quarter of 2025 on several series of preferred stock.

Goldman Sachs CEO to speak at UBS conference in February

By Business Daily | Jan 17, 2025

The Goldman Sachs Group, Inc. has announced that its Chairman and CEO, David Solomon, will be speaking at the UBS Financial Services Conference.

SBA highlights record-breaking achievements under Biden-Harris administration

By Business Daily | Jan 17, 2025

The U.S. Small Business Administration (SBA) has released a report highlighting the Biden-Harris Administration's efforts to support small businesses across the United States.

New SBA digital platform aims to improve service delivery

By Business Daily | Jan 17, 2025

Today, Administrator Isabel Casillas Guzman of the U.S. Small Business Administration (SBA) announced the launch of the MySBA digital platform, which aims to transform how business owners interact with the agency.

Judge Bibas on crypto regulation: SEC’s ‘caginess creates a serious constitutional problem’

Judge Stephanos Bibas of the Third Circuit Court has expressed concerns over the U.S. Securities and Exchange Commission's (SEC) lack of clear guidance on cryptocurrency regulations, suggesting it raises constitutional issues regarding fair notice...

AIMA Digital Assets Working Group Co-Chair: U.S. crypto investment managers 'facing barriers due to systemic underservicing by banks'

John D'Agostino, Co-Chair of the Alternative Investment Management Association's (AIMA) Digital Assets Working Group, has raised concerns about the impact of debanking on innovation within the U.S. crypto industry.

U.S. property/casualty insurance market sees profitability rise through improved underwriting

The U.S. property/casualty (P/C) insurance market showed improved underwriting results in 2024, with expectations for continued growth in 2025 and 2026, according to a report by the Insurance Information Institute (Triple-I) and Milliman.

Better Blend opens first Covington cafe at new entrepreneurship hub

By A. A. Sanchez | Jan 16, 2025

Better Blend, a Northern Kentucky brand founded by Isaac Hamlin, is set to open its first Covington location inside SparkHaus.

Carlyle to release Q4 and full-year financial results on February 11

The Carlyle Group Inc. has announced that it will release its financial results for the fourth quarter and full-year 2024 on February 11, 2025.

Gasoline prices rise as oil hits $80 per barrel

By A. A. Sanchez | Jan 16, 2025

Oil prices have reached approximately $80 per barrel, resulting in a four-cent increase in the national average price for gasoline, now at $3.10 per gallon.

SBA expands community advantage program with new nonprofit lenders