Crunchmarkets’s info on the world of finance
The Federal Reserve is facing legal action from a coalition of banks and business groups, including the Bank Policy Institute (BPI) and the American Bankers Association. The suit centers around the annual bank stress tests, with the institutions accusing the Fed of legal violations. Major banks such as JPMorgan, Citigroup, […]
Title: Stellantis Unit Settles California Air Quality Violations Probe for $4.2M Author: David Shepardson On Monday, California confirmed that FCA US, a division of Stellantis, has reached a settlement of $4.2 million to conclude an investigation into excessive emissions. The investigation was conducted by the California Air Resources Board (CARB) […]
The American employment landscape has significantly evolved in recent years. Previously marked by high levels of employee turnover, it has now become a market where employees prefer job stability, a phenomena that labor economists have dubbed as the “great stay.” This shift, where low levels of hiring, quitting, and layoffs […]
Monday saw U.S. stock index futures experience a slight upswing as Wall Street found solace in milder inflation data, kick-starting a week that’s expected to be shorter due to the holiday season. At 5:50 AM ET (10:50 AM GMT), there was a marginal rise in the market, with certain indices […]
Mariah Carey’s 1994 hit, “All I Want for Christmas Is You,” has not only become a holiday classic but also a lucrative revenue stream for the singer. According to Billboard, Carey may have earned between $2.7 million to $3.3 million in 2022 from song downloads and on-demand streaming. The actual […]
The Exchange-Traded Fund (ETF) industry is revolutionizing the global trading scene with its unprecedented growth. As per statistics released by Bank of America, the ETF sector hit the $15 trillion mark in total assets in 2024, witnessed an inflow of $1.6 trillion, and launched a record 1,485 new funds. ETFs […]
The focus of this article is the investment potential in India’s technology sector, particularly in e-commerce. Kevin Carter, the founder of EMQQ Global, suggests that India might just be an ideal emerging market for investors to explore. Carter’s firm launched the INQQ The India Internet ETF in 2022, which has […]
“In a recent communication, Bank of America underscored 14 essential insights, derived from the financial trends of 2024, that market players should take into account as they gear up for 2025. The bank alerts about potential challenges that might stem from market momentum and overblown valuations in the approaching year. […]
The Consumer Financial Protection Bureau (CFPB) has recently filed a lawsuit against the operator of the Zelle payment network along with three leading U.S. banks – JPMorgan Chase, Bank of America, and Wells Fargo. The lawsuit, which emerged on Friday, accuses these companies of failing to thoroughly examine fraud complaints […]
Title: “Trading Trends in Asia: A Look at Friday’s Stock Market Performance” Asian stocks largely experienced a subdued performance on Friday, with most indices recording minor losses or remaining relatively flat due to the potential deceleration of interest rate cuts in the US. The market’s conservative approach was in response […]
