CURRENCIES

Bank of America Raises $8B, Returns for More as Rates Climb

America’s second-largest bank is back for more capital Bank of America (NYSE: BAC) has returned to the bond market for the second time in less than a week, offering investors substantially higher yields than it paid on a comparable security

JPMorgan’s $15.3 Billion Profit Comes With a Warning

Even America’s biggest bank is feeling the pressure JPMorgan Chase (NYSE: JPM) just made $15.3 billion in three months. Its revenue climbed 8%, consumer spending remained strong, and lending continued to grow. Yet CEO Jamie Dimon used the earnings announcement

Yen Intervention Shakes Japan, Stocks Shrug It Off

The yen finally got official support Japan and the US jolted the yen out of its historic slide last week, triggering a sharp currency move but only limited stress across global equity markets. The dollar-yen exchange rate fell from nearly

Dollar Climbs as Iran Deal Doubts Lift Safe-Haven Demand

Iran doubts quickly reversed the market’s brief optimism The dollar moved higher after fresh signs that a deal with Iran may not be as close as markets hoped. The shift came after Iran’s Supreme Leader reportedly made clear that the

Banks Report $100 Billion in Private Credit Exposure

What Happened Major Wall Street banks disclosed at least $100 billion of exposure to private credit firms, giving investors a clearer look into one of the most closely watched pressure points in finance right now. The reported figures in the

Mastercard to Buy BVNK in Stablecoin Push

What Happened Mastercard (MA) said it will buy stablecoin payments infrastructure firm BVNK for up to $1.8 billion, a move that deepens the card network’s push into blockchain-based money movement. The transaction includes $300 million in contingent payments and is expected to close before the end

Bitcoin Rally Sees $700 Million in Bearish Crypto Bets Wiped Out

Bitcoin Rally Sees $700 Million in Bearish Crypto Bets Wiped Out Bitcoin is finally joining the broader risk-asset rally. The world’s largest cryptocurrency climbed to a two-month high on Wednesday, breaking out of a tight trading range and catching bearish

Bitcoin Slides as Sentiment Weakens; Crypto Stocks Hit Hard

Risk-Off Return Hits Bitcoin and Crypto Equities Bitcoin fell sharply Monday, tumbling from roughly $91,000 to $84,000, as renewed fears of a potential Japan rate hike sparked a global risk-off move. The concern: investors who’ve borrowed cheap yen to buy

Bitcoin Drops to $95K as Market Signals Shift Into Bear Territory

Bitcoin Slides Under $95K as Analysts Warn a Bear Market Regime Is Taking Hold Bitcoin’s latest downturn accelerated Friday as the world’s largest cryptocurrency dropped below $95,000, extending a month-long correction that has erased nearly a quarter of its value.