Financials
How to build back your emergency fund in a tight budget
An emergency fund allows you to pay for unexpected expenses, like providing a cushion if you lose your job or face sudden financial obligations. Without savings, you may have to use credit cards.
Bank of America beats profit estimates on strength in consumer lending
Bank of America Corp reported a fall in first-quarter profit on Monday, as a slowdown in global deal making weighed on its investment banking businesses.
Russia may have defaulted on its debt for first time in 100 years: Moody's
Russia may have defaulted on foreign bonds for the first time since the years following the 1917 Bolshevik revolution.
JPMorgan profit falls 42% on slowdown in deals, trading
JPMorgan Chase & Co reported a fall in first-quarter earnings on Wednesday, hurt by a slowdown in dealmaking brought on by the Ukraine conflict and a decline in trading revenue.
Clock ticks toward Russia default after S&P downgrade
Standard & Poor's issued a downgrade of Russia's foreign currency rating increasing the prospect of defaulting on external loans for the first time in more than a century.
Student loan borrowers rip Biden’s extension: ‘It’s very unfair’
Student loan borrowers sound off on Biden extending the pause on federal student loan repayments, saying it's "unfair" for those who have payed debts and are still actively paying.
Deutsche Bank winding down Russia business
Deutsche Bank has joined JPMorgan Chase and Goldman Sachs in winding down its business in Russia following the country's invasion of Ukraine.
Goldman Sachs becomes first Wall St. firm to exit Russia
Goldman Sachs has become the first Wall Street firm to suspend its operations in Russia following the country's invasion of Ukraine.
Swiss adopt new EU sanctions on Russia
The Swiss government on Friday widened sanctions against Russia in step with further measures imposed by the European Union, tightening exports and financial services to the country over the biggest attack on a European state since World War Two.
NYSE, Nasdaq halt trading of Russia-based companies
The New York Stock Exchange and Nasdaq are toughening up on Russian companies that trade in the U.S. The halts are considered temporary.
TD Bank just made its biggest acquisition ever
TD Bank, undeterred by the market volatility, is buying First Horizon in its biggest deal ever.
More than half of Americans worried about tax refunds
Close to three-fourths of millennials and Gen Xers expecting tax refunds say the money is important to their financial situation
S&P cuts Russia's rating to junk, Moody's issues junk warning
Russia's invasion of Ukraine triggered a flurry of credit rating moves on Friday, with S&P lowering Russia's rating to 'junk' status, Moody's putting it on review for a downgrade to junk, and S&P and Fitch swiftly cutting Ukraine on default worries.
US preps big banks for Russian cyberattacks amid Ukraine crisis
As tensions between Russia and Ukraine escalate, U.S. banks are being put on notice.
Visa, Amazon reach global deal over payment fees
Visa Inc. cards will be accepted at all Amazon.com Inc AMZN.O stores and sites as part of a global agreement, the companies said on Thursday.
Donald Trump’s annual financial statements ‘should no longer be relied upon,’ accounting firm says
The accounting firm that prepared former President Donald Trump’s annual financial statements says the documents, used to secure lucrative loans and burnish Trump's image as a wealthy businessman, "should no longer be relied upon" after New York's attorney general said they regularly misstated the value of assets.
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