Finance
SBA Halts Green Card Holder Loans Effective June 11, 2026
The Small Business Administration will cease lending to legal permanent residents, effective June 11, 2026, ending a decades-long practice. This policy shift...
Finance 347 articles
Finance
Visa Unveils AI, Stablecoin Tools for Agentic Commerce Future
Visa launched new AI, stablecoin, and token initiatives at its 2026 Payments Forum, aiming to power a fast, automated, and intelligent generation...
Finance
Fifth Third Joins Anthropic’s Project Glasswing AI Cybersecurity Initiative
Fifth Third Bancorp has been recruited by Anthropic for its Project Glasswing AI cybersecurity initiative, aimed at strengthening critical systems.
Finance
Claude AI: Strengths and Weaknesses for Financial Professionals
AI chatbot Claude outlines its capabilities and limitations for financial professionals, emphasizing its utility in data transformation and stress-testing, while cautioning against...
Finance
Judge Signals Approval for Visa, Mastercard $38 Billion Swipe Fee Deal
A judge has granted preliminary approval to Visa and Mastercard's $38 billion settlement, potentially ending a two-decade dispute over swipe fees.
Finance
Wells Fargo CFO Projects NII Growth, Confirms $50 Billion Goal
Wells Fargo CFO Mike Santomassimo forecasts a Q2 net interest income increase and reaffirms the bank's full-year NII target of $50 billion,...
Finance
US Home Sales Rebound Despite Higher Rates, Record Prices
Sales of previously occupied U.S. homes accelerated in May to their fastest pace this year, marking a sharp turnaround despite rising mortgage...
Finance
Big Banks Explore AI Compute Trading Market
Goldman Sachs and JPMorgan are investigating entry into the nascent compute trading market, focusing on GPU rental price futures.
Finance
Bank Workforce Unease Deepens as CEOs Discuss AI Cuts
Bank workers, including those in higher-level roles, feel increasingly "unmoored" by CEO discussions of AI-related job cuts, according to a recent Bloomberg...