The Bank of Canada decided to keep interest rates steady at 2. 25% in late January 2026. This decision was widely expected, given the current economic climate. The bank's outlook for both the global and Canadian economies hasn't changed much since their last forecast in October. Inflation is expect
Ethereum is having a moment. It's processing more transactions than ever before, with over 2. 8 million transactions in a single week. This is a big deal because it shows the network is handling more activity without skyrocketing fees. The staking exit queue has also dropped to zero, meaning people
Twin Hospitality Group, the company behind Twin Peaks sports bars, has hit a rough patch. They've filed for Chapter 11 bankruptcy, just one year after going public. This move comes as no surprise, given the company's struggles with dropping sales and a stock price that's taken a nosedive. The resta
Nvidia, a leader in AI technology, faced some bumps when trying to get one of the world's largest banks, Bank of America, to use its AI Factory. This shows how tough it can be for big, regulated companies to jump on the AI bandwagon. Inside emails from Nvidia revealed that Bank of America was havin
Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni
U. S. Bancorp, a bank based in Minneapolis, is making a big move. They are buying BTIG, a smaller investment bank backed by Goldman Sachs, for up to $1 billion. This deal is part of a bigger trend. Regional banks from the Midwest are taking a bigger slice of the investment banking pie. U. S. Bancor
In the UK, moving money to crypto exchanges is becoming a real headache. A recent study by the UK Cryptoasset Business Council (UKCBC) reveals that banks are blocking, delaying, or refusing a huge chunk of transactions between UK accounts and crypto platforms. This isn't just a small issue. Eight o
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
Trump is suing JPMorgan for a huge amount of money. He says the bank closed his accounts because of politics. The bank says it's not true. Who's right? Trump claims JPMorgan closed his accounts because of his political views. He says this is unfair and against the law. He also says the bank spread
Big banks are finally waking up to crypto. They see it as a big deal, maybe even a threat to their business. This is what the head of Coinbase, Brian Armstrong, shared after a big meeting in Davos. He didn't name names, but he said a top boss from one of the world's biggest banks told him crypto is
