Capital One reportedly sued the Federal Deposit Insurance Corp., alleging that the regulator overcharged the bank by $149.2 million during a special assessment meant to make up for the deposit insurance fund’s losses resulting from the collapses of Silicon Valley Bank and Signature Bank in 2023.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Condition ...

Only three companies in the S&P 500 have seen 2028 revenue estimates rise by more than 20% since the end of June. They all have links to the AI boom. ...

The U.S. Justice Department has filed a lawsuit against Uber, accusing the ride-hailing company of violating federal law by discriminating against people with physical disabilities. In particular, the Department of Justice’s (DOJ) civil rights division claims that the company and its drivers “routinely refuse to serve individuals with disabilities, including individuals who travel with service animals or who use stowable wheelchairs.” Uber is also accused of charging extra fees on riders who need special a ...

Group 1: Nvidia Analysis - Nvidia has been upgraded to a buy rating from neutral, with a price target raised to $210 per share from $190, reflecting strong optimism about AI adoption and computing needs [1] - The current valuation of Nvidia at 28 times next year's earnings is considered attractive compared to other AI stocks, as it is expected to grow earnings by 30-40%, while Apple is projected to grow earnings by only 10% [5][6] - The rotation of AI investments away from Nvidia has made it the least expensive option in the AI trade, prompting a renewed focus on the company [6] Group 2: Apple Analysis - Apple has been downgraded to a neutral rating from a prior buy, with the price target remaining at $250 per share, due to a lack of significant AI advancements since the last Worldwide Developer Conference [1][7] - The company has not delivered on expected AI capabilities, leading to concerns about low single-digit revenue growth and high single-digit earnings growth, making its current valuation hard to justify [10] - Future potential for Apple could improve if they successfully integrate more AI capabilities into upcoming products, but current execution has not shown signs of imminent progress [12][13]

Scott Bessent, US treasury secretary, in the Oval Office of the White House in Washington, DC, US, on Wednesday, Aug. 6, 2025.The search for the next Federal Reserve chair is continuing, with Treasury Secretary Scott Bessent taking point in meeting with several candidates on President Donald Trump's short list.In recent days, Bessent has met with former Fed officials Lawrence Lindsey, Kevin Warsh and James Bullard, a Treasury source told CNBC's Steve Liesman. Lindsey and Warsh both served as governors and B ...

Key Takeaways NuScale advances SMR projects with major partners and a landmark TVA agreement for 6 gigawatts. Nano Nuclear secures a 10-year INL pact to accelerate KRONOS and LOKI microreactor development. NNE strengthens North American presence with licensing progress in the United States and Canada. NuScale Power (SMR) and Nano Nuclear Energy (NNE) are major players in the small modular reactor (SMR) and microreactor market, aiming to deliver next-gen clean nuclear energy solutions. While NuScale Power wo ...

Jose Luis Pelaez Inc | Digitalvision | Getty ImagesHealth-care inflation is fueling higher coverage costs, setting the stage for what could be the largest increase in health-care spending by large employers in 15 years.Medical care costs in August rose 4.2% on an annualized basis, according to the Labor Department's Consumer Price Index, compared to an overall inflation rate of 2.9%. The cost of doctors' visits climbed 3.5%, while hospital and outpatient services jumped 5.3%.Those price increases are contri ...

Even if you only pay a little attention to the business world, it’s been hard to miss Oracle’s phenomenal week. The company’s shares jumped nearly 40% on Wednesday, and CEO Larry Ellison briefly overtook Elon Musk as the world’s richest person (he’s now essentially tied). Oracle also signed a staggering $300 billion deal with OpenAI for computing power over the next five years. Most Read from Fast Company Even in the fast-moving world of AI, that’s a lot in a short time. Investors cheered, but some Wall ...

Both US and international markets have done well so far in 2025, but it was hardly a straight lineup. As more attention gets paid to international markets and the investment opportunities within each, it's important that long-term investors aren't putting all their eggs into one country's basket. A country's entire stock or bond market can move on a single headline, and it's impossible to know what the next market moving headline will be.With so much uncertainty, not just at home, but around the world, ther ...

VettaFi's Head of Research Todd Rosenbluth discussed the Thornburg Multi Sector Bond ETF (TMB)on this week's "ETF of the Week†podcast with Chuck Jaffe of "Money Life.†Earn free CE credits and discover new strategies For more news, information, and strategy, visit the Portfolio Strategies Content Hub. Load More RELATED TOPICS chuck jaffeetf of the weekExerpt InsightsPodcastsPortfolio Strategies channelTMBtodd rosenbluth ...