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Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
American Express reassures investors amid increasing competition in the affluent customer market. With its strong history and ...
The measure, which passed the U.S. House with broad bipartisan support after clearing the Senate, is now on track to become ...
This morning, everybody was focused on the numbers from the big banks, JPMorgan, Wells Fargo, and Citigroup, but they were also watching the report from BNY, and that’s the old Bank of New York ...
Crude oil futures were little changed on Friday on mixed U.S. economic and tariff news and worries about oil supplies ...
American Express said Friday that travel spending in the quarter was weaker than transactions for goods and services.
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To be sure, there's no "one" consumer. Spending power and debt loads for lower-income consumers differ from higher-income consumers. The Finra Foundation results said there's a "struggle of the middle ...
American Express' second-quarter profits exceeded expectations, buoyed by robust cardholder spending. Executives remain ...
There would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that ...
Major Wall Street brokerages have withdrawn their expectations for a September interest rate cut by the Bank of England, as ...
Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate stablecoins and clearing the way for broader use of the technology in ...
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