Bond Traders Turn to 2025 Amid Most Agonizing Easing in Decades
Bond traders have rarely suffered so much from a Federal Reserve easing cycle. Now they fear 2025 threatens more of the same.
The year that Wall Street got its swagger back
Big bank bosses have a lot to cheer about as 2024 comes to an end. Dealmaking is surging, and an era of looser regulations ...
Zelle and major banks face $870 million lawsuit over alleged fraud losses
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the peer-to-peer payment network Zelle and three ...
For Emerging Markets, ‘Better Luck Next Year’ Is Hard to Believe
Emerging markets-focused investors have had little to celebrate over the past year. Or for that matter, over the past decade.
Office vacancies surged and sale prices dropped further this year as the market entered its 'slog' phase
The latest data shows the office market continues to face pressure from remote and hybrid work arrangements, with rising ...
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Just how frothy is America’s stockmarket?
The MOVE index, a similar metric for interest rates, has plummeted since America’s presidential election. Such benign ...
3 Stocks That Could Join the Trillion-Dollar Market Cap Club Next Year
There are now nine companies in the trillion-dollar club. If this bull market continues, more could join them. None of these ...
How Scammers Are Using AI This Holiday Season to Steal Your Money
AI is also helping scammers generate more fake online ads and shopping sites that entice people to share credit-card ...
Zelle payment fraud gets major banks sued by the CFPB
The CFPB is suing the fintech firm Early Warning Services — the bank-owned company that runs Zelle — as well as JPMorgan ...
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Arizona fintech company targeted in federal lawsuit over Zelle payment network fraud
Early Warning Services, a fintech company based in Scottsdale, Arizona, that operates Zelle, is named in the lawsuit. EWS is owned by seven U.S. banks, including JPMorgan, Wells Fargo and Bank of ...
LAist1d
Zelle fraud
The Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells ...
More than $125 million is stolen every year on Zelle. The feds say little is done to stop it.
More than $481 billion is transferred using Zelle every year. Of that, at least $125 million is getting stolen from consumers. The government says the big banks that own the platform have done little ...