Stock Exchange :

Banks rallied on a Fed cut, and that’s a ‘very positive’ sign, Jim Cramer says

Banks rallied on a Fed cut, and that’s a ‘very positive’ sign, Jim Cramer says

Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted yield curve," Jim Cramer says.

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Here’s where you’ll get the best returns on your savings even as the Fed cuts rates

Here’s where you’ll get the best returns on your savings even as the Fed cuts rates

As the Federal Reserve lowers rates, some banks are pulling back their offerings on their savings accounts and certificates of deposit. Here are the best current offers.

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Fed cuts rate on bank reserves amid repo market turmoil

Fed cuts rate on bank reserves amid repo market turmoil

The interest on excess reserves now stands at 1.8%, a 30 basis point cut compared with the 25 basis point reduction for the benchmark funds rate.

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The group overseeing Facebook’s libra is applying for a payments license in Switzerland

The group overseeing Facebook’s libra is applying for a payments license in Switzerland

The Libra Association, the organization in charge of overseeing Facebook's proposed cryptocurrency, said Wednesday it will apply for a payments license in Switzerland.

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KBW downgrades Bank of America, says Fed rate cuts will hit earnings

KBW downgrades Bank of America, says Fed rate cuts will hit earnings

Keefe, Bruyette & Woods (KBW) lowered its rating on Bank of America shares to market perform from outperform.

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Joe Biden will return to Wall Street for fundraisers after climate town hall

Joe Biden will return to Wall Street for fundraisers after climate town hall

Biden has shown a willingness to court big money and corporate-linked donors, even as his campaign tries to distance him from lobbyists.

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Boris Johnson’s audacious political ploy has split Wall Street

Boris Johnson’s audacious political ploy has split Wall Street

Analysts at top global banks are divided on what U.K. Prime Minister Boris Johnson's controversial suspension of parliament will mean for Brexit.

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This banking app is now giving customers a break on overdraft fees

This banking app is now giving customers a break on overdraft fees

Varo customers now have a $50 safety net.

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China’s enormous debt ‘no longer can be ignored,’ analyst says

China’s enormous debt ‘no longer can be ignored,’ analyst says

The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.

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Bank of America CEO Moynihan says the consumer is doing well and will keep US economy going

Bank of America CEO Moynihan says the consumer is doing well and will keep US economy going

Bank of America CEO Brian Moynihan is not worried about an economic slowdown as the U.S. consumer is still in a strong place.

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