An Unusual Alliance Pushes Back on Fed's Bank Capital Plan
Some civil-rights groups and Democratic lawmakers have raised concerns about the proposal.
AI Is the Talk of Davos. Is It Time to Sell?
The truly crazy bubble phase is over, but the investment case remains complex.
The $8.8 Trillion Cash Pile That Has Stock-Market Bulls Salivating
Wall Street hopes trillions in money-market funds will flow into stocks and bonds. Investors have varying plans.
Laundromats and VPNs: How China's Crypto Traders Evade the Rules
The secretive methods being used in the country show how difficult it will be for regulators across the world, including in the U.S., to police the sector.
Robinhood to Pay $7.5 Million to Settle Massachusetts Gamification Case
Massachusetts regulators are calling the settlement a legal win for the state's fiduciary standard that Robinhood had challenged.
Coinbase Asks Judge to Deny SEC's Claim to Regulate Crypto
The crypto exchange is seeking the dismissal of a lawsuit at the center of the agency's oversight strategy.
Discover shares drop as company sets aside extra $1B in case of souring credit
Shares of Discover Financial Services slid after hours on Wednesday after the credit-card giant reported fourth-quarter profits that missed expectations and said it had set aside more money to cushion against potentially tougher conditions for consumers.
Biden administration wants to slash overdraft fees. Banks say consumers could lose an 'emergency safety net.'
The new CFPB regulation would slice the fees that large banks can charge customers for overdrafting, and require lenders to be more forthcoming about the charges.
Sovereign-Wealth Giant Pursues Goldman Sachs, KPMG and Others Over SVB Collapse
Norway's $1.5 trillion sovereign-wealth fund is going after SVB, its management and the defunct bank's Wall Street advisers.
Charles Schwab's profit is halved but beats analyst estimates
Charles Schwab cited "softer volumes" during the quarter, but analyst praises an overall strong quarter.
(END) Dow Jones Newswires
01-19-24 0715ET