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'People of the wrong race': Citi hit with racial discrimination lawsuit over ATM fees
Plaintiffs in a federal lawsuit accuse the megabank of charging them ATM fees but not customers of minority-owned banks.
Sell in May and Go Away in 2024?
There's precedent behind the "sell in May" adage, but inflation and the Fed may have more impact on the market these days.
JPMorgan Chase CEO Jamie Dimon signals retirement is closer than ever
JPMorgan Chase CEO Jamie Dimon told analysts and investors at the firm's annual investor day that he expects to depart from his role within the next five years.
Wall Street strategists rush to revise their S&P 500 targets as stocks hit fresh records. Here’s what they see happening.
The stock market’s renewed record-setting rally has blindsided Wall Street’s top strategists, prompting many to swiftly revise their year-end S&P 500 targets in an effort to keep pace with a surge
McKinney-based Independent Bank Group acquired in $2 billion deal
Florida-based SouthState Bank will acquire McKinney-based Independent Bank Group in a deal valued at approximately $2 billion. The unanimously approved acquisition should close by the end of the
Wendy's will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales
Wendy’s will offer a $3 breakfast combination meal starting Monday, as restaurant chains look for new ways to drive sales while consumers pull back on dining out.
Palo Alto Networks’ stock falls after earnings as forecast fails to impress
The stock was down about 10% in after-hours action Monday. It lost 28% in the session after the last earnings report.
Billionaire rains cash on UMass graduates to tune of $1,000 each, but says they must give half away
The clouds weren't alone in making it rain on the commencement ceremony at the University of Massachusetts Dartmouth last week. On stage, billionaire philanthropist Rob Hale surprised the graduating
Bank of America details the best hedge for a big stock-market move on Nvidia earnings
Current options pricing implies Nvidia will jump or fall 8.5% after its earnings results, which is markedly lower than prior Nvidia earnings releases.
Crypto lender tied to FTX ordered to repay users $2 billion
A $2 billion settlement has been reached between New York Attorney General Letitia James and failed crypto lender Genesis to repay their investors. The settlement is said to be the largest against a
Top-ranked analyst declares JPMorgan ‘the Nvidia of banking’ after it spends $17 billion on tech in a single year
CEO Jamie Dimon hasn’t yet “internalized” that he is becoming the leader of a digital company, said analyst Mike Mayo.
Ivan Boesky, inspiration for 'Wall Street' villain Gordon Gekko, dead at 87
Ivan Boesky, a one-time Wall Street titan-turned convict who served as the partial inspiration for the 1987 Oliver Stone film "Wall Street," has died at the age of 87.
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