Latest Fintech News
Trending U.S. fintech stories, aggregated live - no stale headlines.
Nissan Abandons Bank It Couldn't Afford
Nissan has called off its plan to establish a bank, acknowledging that the project was more than it could afford. The decision brings an end to a venture that had been seen as a…
Car Loan Interest Deduction Now Tied to U.S. Final Assembly
New tax guidance now allows car buyers to deduct interest on auto loans, but only for vehicles that were finally assembled in the United States. The provision is designed to enc…
J&J's $5.5B Talc Settlement: Risk or Opportunity?
Johnson & Johnson has moved to resolve its long-running talc litigation with a proposed $5.5 billion settlement. The company has faced tens of thousands of claims alleging its b…
Pershing Square pours $3.3B into Visa, Mastercard, S&P Global
Pershing Square, the hedge fund led by billionaire investor Bill Ackman, has committed roughly $3.3 billion to three financial giants in a coordinated push into the fintech spac…
Ackman's Pershing Square Takes $1.1B Fintech Stake
Billionaire investor Bill Ackman's Pershing Square Capital Management has taken a $1.1 billion stake in a major fintech company, according to a recent disclosure. The move puts …
Kashkari: Rising Treasury Yields Not a Concern
Minneapolis Federal Reserve President Neel Kashkari said on Friday that the recent rise in Treasury yields is not a cause for concern, framing the move as a reflection of growin…
Bitcoin Trims Losses as Rally Shows Fresh Life
Bitcoin pared earlier losses on the day, with renewed buying interest helping the leading digital asset regain its footing. The turnaround underscores the persistence of the rec…
Regional Bank Insider Sells 4,000 Shares After Rally
An executive at a regional bank has unloaded a significant stake in the company's stock. According to a recent regulatory filing, the insider sold 4,000 shares in a transaction …
Treasury Yields Surge: Are Bond ETFs Worth Buying Now?
The recent surge in Treasury yields has caught investors' attention, prompting a familiar question: after a period of falling bond prices, is now the time to move into bond ETFs…