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Financeflux

Goldman Sachs Says Soft Labor Market ‘Seals the Case’ for Fed Rate Cut – Here’s the Bank’s Forecast

Banking giant Goldman Sachs believes that last month's weak jobs report has guaranteed that the Fed will step in and…

September 7, 2025

JPMorgan Chase and One Trillion-Dollar Lender That Warren Buffett’s Firm Recently Trimmed Are Among the Most Expensive Bank Stocks: Report

JPMorgan Chase is among the most expensive US bank stocks, along with one trillion-dollar lender that Warren Buffett's firm has…

September 6, 2025

Tether CEO Confirms Stablecoin Giant Will Deploy $200,000,000 in Gold Mining and Royalties in Pursuit of ‘Stability Maximalism’

The chief executive of stablecoin issuer Tether says that the firm is investing in gold mining as a means of…

September 6, 2025

JPMorgan Strategist Says Rate Cuts Will Fix Nothing, Calls US Economy ‘Tortoise That’s Pretty Much out of Breath

A top-level executive at banking titan JPMorgan Chase warns that the US economy is slowing way down. In a new…

September 6, 2025

Top US Securities Regulator Announces Sweeping Review of Crypto Oversight and Financial Disclosure: Report

The U.S. Securities and Exchange Commission (SEC) has revealed its upcoming rulemaking agenda, which includes extensive proposals to modernize cryptocurrency…

September 4, 2025

American Workers Becoming More Stressed About Their Debt and Personal Finances, According to Bank of America Survey

A new survey from banking giant Bank of America (BofA) finds that American workers are increasingly stressed about their debt…

September 3, 2025

Stripe Slams JPMorgan Chase, Says Businesses and Consumers Will Suffer ‘Irreparable Harm’ From New Data Fees

Payments giant Stripe is asking US regulators to intervene with JPMorgan Chase after the bank introduced a new policy that…

September 3, 2025

Hedge Fund Elliot Management Takes $4,000,000,000 Bet on One Iconic American Company

Elliot Management has built a $4 billion position in PepsiCo Inc., making the hedge fund one of the company's largest…

September 2, 2025

Crypto Exchange Gemini Targeting IPO With Goldman Sachs, Morgan Stanley and Citi As Lead Bookrunners

Gemini Space Station Inc., more commonly known as the US-based crypto exchange Gemini, is taking its crypto platform public, filing…

September 2, 2025

Real Estate Crash? ‘Big Short’ Investor Steve Eisman Updates Outlook on Housing Market Amid Dip in Home Sales

One of the investors who called and profited off the subprime mortgage collapse of 2008, Steve Eisman, is dismissing concerns…

September 2, 2025