Financials

To prevent cows from burping methane emissions, Bill Gates has invested millions into a startup that's developing a dietary supplement which is fed to livestock.

JPMorgan Chase, Citibank, Wells Fargo, and Bank of America earnings reports on Friday beat expectations

Wells Fargo suffered a 50% profit loss during the fourth quarter last year after a $3 billion penalty was assessed by a government agency for a six-year loan mismanagement scandal.

Assets under management stood at $8.59 trillion at the end of the quarter, down from a little more than $10 trillion a year earlier but up from $7.96 trillion in the third quarter.

Wells Fargo Advice & Planning managing director Emily Irwin’s do’s and don’ts if you win the billion-dollar Mega Millions drawing Tuesday night.

The Federal Trade Commission has ordered Mastercard to cease business practices it claims are designed to bar vendors from routing payments through third parties.

Binances internal finances still remain opaque to investors after the collapse of Sam Bankman-Fried's cryptocurrency trading firm FTX caused increase scrutiny.

Goldman Sachs may cut the bonus pools for 3,000 investment bankers by at least 40%, the highest cut since the 2008 financial crisis, according to a new report.

Binance CEO Changpeng "CZ" Zhao said on Wednesday things have normalized after the crypto exchange paused withdrawals of its USDC coin

Juul Labs gets equity investment to pay $1.2 billion in settlements for contributing to America’s youth vaping epidemic.

Accounting issues that brought down major crypto firms like FTX and Celsius, exist in firms weathering the crypto contagion such as Marathon and Riot Blockchain.

Witnesses told the Senate Banking Committee that only those policies that are explicitly discriminatory should be rooted out to make the financial system fair.

The pandemic supercharged money-transfer services. Zelle recorded some 1.8 billion transactions in 2021 totaling $490 billion, more than double prepandemic levels.

Bitcoin venture investor Marty Bent of Ten31 saw red flags with the FTX cryptocurrency exchange long before its historic collapse under founder Sam Bankman-Fried.

Crypto exchange Binance said Tuesday it plans to purchase rival FTX, which acknowledged it is experiencing a "liquidity crunch" and asked for the deal.

Stripe's cuts will reduce its headcount to a total of almost 7,000 people and impact multiple divisions. Recruiting will be heavily impacted as the financial services giant plans to hire fewer people next year.

The bank boosted its key rate by three-quarters of a percentage point Thursday, to 3%, after consumer price inflation returned to a 40-year high in September.

The SEC passed a rule required by the Dodd-Frank Act to force public companies whose financial statements contain errors to recoup their executives’ bonuses and other incentive pay.

Chipmaker from Taiwan, UMC, has cut CapEx as it worries about a global economic recession, lead by energy insecurity, the war in Ukraine, and inflation.

The second-largest U.S. bank, led by Brian Moynihan, earned 81 cents a share vs. analysts' expectations of 77 cents per share in the third quarter of the year.