Business

Was it the panic over bad loans that sent bank stocks down?

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✨ Explore this trending post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Company News,News 📌 Main takeaway: Key takeaways Regional bank stocks rebounded on Friday after falling on Thursday when two lenders said they were suing borrowers, raising concerns about unseen risks in the banking system.Jefferies analysts described Thursday's sell-off as "exaggerated" and considered the fraud allegations that precipitated the recession to be "private issues."Several bank executives said on earnings calls Friday that they were confident in the health of their nonbank lending portfolios. Regional bank stocks rose on Friday, rebounding from yesterday's sell-off, as…

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Trump acknowledges the trade war with China. Here’s what’s next

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💥 Discover this awesome post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Economic News,News 📌 Here’s what you’ll learn: Key takeaways President Donald Trump admitted that the United States and China are in a trade war this week.The United States has threatened to raise tariffs on China to high levels, while China has threatened to cut off rare earth minerals that are essential to American industries.Trump and his Chinese counterpart are scheduled to meet in South Korea at the end of this month, and this could defuse the escalating tensions. The war of words raged…

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Savings rates will fall, but they will not decline. There is still time to join the team to make a great return.

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🔥 Explore this insightful post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Personal Finance News,News 💡 Key idea: Key takeaways Even when the Fed starts lowering interest rates, yields on savings and CDs will fall gradually, not collapse overnight. A high-yield savings account is always a smart move — it keeps you earning more cash, even when interest rates fall. If you have extra savings, consider holding a CD now to lock in one of today's strong rates for several months or even years. The full article continues below these offers from our partners. Interest…

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Do you have $10,000, $25,000, or $50,000? Here’s where to put your savings before the Fed cuts interest rates

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🔥 Discover this awesome post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Personal Finance News,News 📌 Here’s what you’ll learn: Key takeaways The Federal Reserve is expected to cut its interest rate this month, but high-yield savings accounts and money market accounts are still paying up to 5.00%, while the best rate for certificates of deposit stands at 4.45%. Brokerage and robo-advisor cash accounts currently offer up to 4.04%, while US Treasuries yield up to 4.60%. See how today's top prices stack up across all options. The full article continues below these offers from our…

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The Department of Education provides a subsidy for all IDR plans

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🚀 Read this must-read post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Personal Finance News,News ✅ Here’s what you’ll learn: The Department of Education is resuming student loan forgiveness under all current income-based repayment plans. In a court filing Friday afternoon, the department confirmed it would begin processing loan discharges under income-based, pay-as-you-earn, and income-contingent repayment plans. The Education Department said it will also ensure that borrowers who reach loan repayment qualifications in 2025 will not pay taxes on them. Earlier this year, the department temporarily suspended relief under all income-based repayment plans to comply…

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The Federal Aviation Administration raises the limit on production of Boeing 737 MAX aircraft to 42 per month

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🚀 Discover this must-read post from Business News 📖 📂 Category: 📌 Here’s what you’ll learn: Boeing 737 MAX aircraft are assembled at the company's factory in Renton, Washington, US on June 25, 2024.Jennifer Buchanan | Via ReutersBoeing The US airline has received regulatory approval to increase production of its best-selling 737 MAX aircraft to 42 planes per month, a significant milestone for the manufacturer nearly two years after the Federal Aviation Administration restricted its production following a mid-air disaster.In January 2024, the Federal Aviation Administration banned Boeing from building planes at a rate of no more than 38 per…

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Eli Lilly Novo Nordisk stock fell after Trump GLP-1 price comments

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🚀 Check out this trending post from Business News 📖 📂 Category: ✅ Here’s what you’ll learn: shares Eli Lilly and Novo Nordisk The price of the drug fell Friday, after President Donald Trump said his administration aims to reduce the cost of the brand's weight-loss drug GLP-1 to $150 a month, a fraction of its current list price."In London, you can buy a certain drug for $130 and even less...$88 as of...a month ago. In New York, you pay $1,300 for the same thing," Trump said during a Thursday afternoon event on in vitro fertilization at the White House.…

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American Express stock hits record high; Oracle and Newmont sink

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💥 Read this insightful post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Markets News,News 💡 Here’s what you’ll learn: Key takeaways Shares of a major credit card issuer rose on Friday, October 17, 2025, as spending by wealthy cardholders helped generate record revenues, while falling gold prices pressured a major miner.Shares of American Express rose to a record high after the company reported strong results, helped by upgrades to its high-end credit cards and strong spending by affluent consumers.Gold prices fell from record levels, affecting the shares of the world's largest gold producer. Shares of…

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How did a series of bad loans prompt bank investors to look for hidden risks?

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✨ Check out this trending post from Business News 📖 📂 Category: ✅ Key idea: A sign outside Western Alliance Bank's headquarters in Phoenix, Arizona, March 13, 2023.Caitlin O'Hara | Bloomberg | Getty ImagesMajor banks including JPMorgan Chase and Goldman Sachs He had just wrapped up a winning quarter after a busy quarter when concerns emerged from an obscure corner of Wall Street, sending a collective shudder through global finance.Regional Bank Zion On Wednesday evening, it revealed a nearly complete survey of $60 million worth of loans after finding “clear misrepresentations” from borrowers. The next day, peer Western alliance It…

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Bitcoin declines towards $100,000. Where does it go from here?

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💥 Check out this must-read post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Cryptocurrency News,News 💡 Main takeaway: Key takeaways Bitcoin is falling towards the $100,000 level after last weekend's defeat in the digital asset market.Without support for the safe haven narrative, cryptocurrency market experts are looking for other reasons to remain optimistic about Bitcoin's near-term. So much for “Uptober.” Bitcoin is close to giving up all of its gains this year, as it has fallen since renewed trade tensions between the United States and China led to a reversal in the digital asset market.…

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