Trump-Allied Erebor Gains Federal Charter for Crypto Bank, Shaking Up Stablecoin Wars► https://t.co/N3o0dqKzpr https://t.co/N3o0dqKzpr ...

NEW: Sony, through its online banking division, has filed for a national banking charter to offer crypto and stablecoin services.The application joins a growing list of crypto firms seeking OCC charters, including Stripe, Coinbase, Paxos, and Circle. https://t.co/OnjzqASt48 ...

Sony's banking division has filed to acquire a national banking charter that would allow its subsidiary, Connectia Trust, to engage in "certain specified activities involving cryptocurrency," according to the company's application. The application from Sony Bank says the company intends for its new trust to issue U.S. dollar-pegged stablecoins, maintain the corresponding reserve assets, and provide custody and digital asset management services. There's a growing list of crypto firms filing applications f ...

Concerns over a potential AI bubble have been rising on Wall Street, with more investors warning that the sector’s rapid gains may have become overextended.Investing heavily in the technology sector to capitalize on AI’s growth potential comes with increased concentration and systemic risk, making it necessary for investors to diversify. According to strategists at Citigroup, as quoted on Reuters, roughly half of the S&P 500’s $57 trillion market cap has significant or moderate exposure to AI.Long-term inve ...

To gain an edge, this is what you need to know today.Rate Cut Hopes Win OutPlease click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX).Note the following:The chart shows the stock market drop on Friday on tensions heating up between the U.S. and China and TACO (Trump Always Chickens Out) traders running the stock market back up Monday morning.The chart shows Fed Chair Powell's speech yesterday driving the stock market higher.  ...

Welcome back. Citizens financial reporting. A top and bottom line beat the regional bank seeing net loan growth across consumer private bank and commercial markets.Stock has uh outpaced the regional bank ETF this year. Shares CNC up almost uh 20%. KRE that's just up a little less than 5% over the same time.Here to break things down, a CNBC exclusive, Citizens Financials chairman and CEO Bruce Benson. Bruce, always good to have you. Um, I'm gonna start off with the private bank just because you guys seem to ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Oct. 15th:Dana (DAN) :This company, which is a provider of technology driveline, sealing and thermal-management products, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.6% over the last 60 days.Dana's shares gained 10.8% over the last three month compared with the S&P 500’s gain of 6.4%. The company possesses a Momentum Score of A. ...

So, you know, yes, the labor market continued to weaken in the first half of this year. Uh, I think that part of that was due to uncertainty over policy. We might have had the biggest tax hike in history.And so, maybe there were firms holding off on investing until the tax bill was done. And we also had the biggest rearrangement to global trading policy in half a century. Uh, and so while those deals were being negotiated and people were waiting to see where tariff rates would shake out, it wouldn't be surp ...

Good morning from Washington, D.C. Today marks Day 3 of the Fortune Most Powerful Women Summit.This year’s theme, “Leading in a Dynamic World,” has set the stage for insightful discussions with distinguished leaders on topics ranging from the proliferation of AI to navigating uncertainty and sharing best practices in leadership.During these uncertain times—shaped by shifts in trade policy and geopolitics—keeping the consumer top of mind is vital. “Our focus is just maniacally on the customer,” said Corie Ba ...

Oct 15, 2025 10:00 AM Eastern Daylight Time Interactive Brokers Launches Ask IBKR: AI Tool Delivers Instant Portfolio Answers Share New Natural Language Interface Helps Clients Analyze Holdings, Performance, and Allocation in Seconds GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of Ask IBKR, an AI-powered tool that delivers instant portfolio insights through natural language queries. "With Ask IBKR, we're introducing ...