The recent legal action by former President Donald Trump against JPMorgan Chase and its CEO Jamie Dimon shows a growing tension between Trump and major financial institutions. This lawsuit, seeking $5 billion, claims that Trump and his businesses had their accounts closed for political reasons. Trum
In the heart of the Swiss Alps, during the World Economic Forum, a key figure emerged, not just as a defender of President Donald Trump's bold economic moves, but also as a soothing voice to anxious investors. Scott Bessent, the Treasury Secretary, found himself at the center of attention, not just
Last year, a quiet AI lab from China, backed by a hedge fund, made a big splash. Their model, DeepSeek R1, showed it could compete with top U. S. AI models but at a much lower cost. This news sent shockwaves through Wall Street. The impact was huge. On January 27, 2025, the S&P 500 index lost over
BitGo, a company that helps big players manage their crypto safely, finally joined the stock market party on January 22, 2026. This was a big deal because it was the first crypto company to do so this year. The stock price jumped up quickly, showing that investors were excited. BitGo started in 201
The financial world is buzzing with a new trend: tokenization. Superstate, a startup focused on this trend, just raised $82. 5 million. This shows how big players are betting on bringing traditional assets like stocks and bonds onto blockchain networks. Tokenization is not just a fad. It's becoming
Wall Street professionals are discovering that AI can be a helpful tool, even if it isn't ready to take over their jobs. While some worry about AI's accuracy, others are finding clever ways to use it to save time and gain insights. One interesting example is how Lance Roberts, the CIO at RIA Adviso
New York Governor Kathy Hochul has unveiled a $260 billion budget plan. It's a big deal because it doesn't raise any new taxes. Instead, it puts more money into child care and schools. The state is doing this because Wall Street is making a lot of money right now. The plan includes $1. 2 billion mo
TSMC, the world's leading chip maker, just had a stellar quarter. Profits shot up by 35%, and revenue was up 25. 5% from last year. This is big news because it shows that the demand for advanced chips, especially those used in AI, is skyrocketing. TSMC's success is not just about the numbers. It's a
Wall Street's stance on climate change has taken a dramatic shift in recent years. Back in 2020, Larry Fink, the head of BlackRock, made headlines by vowing to use his company's massive funds to fight global warming. He called for a major overhaul in finance to tackle this issue. This bold statement
Goldman Sachs is making a strong comeback, and it's not just about the money. The bank is thriving, with a soaring share price and a packed deal pipeline. CEO David Solomon seems to have turned things around, making Goldman the top player on Wall Street once again. The bank's success is not just lu
