Key takeaways Interest can be charged when you borrow money or earned when you save. When you charge something on a credit card or take out a loan from a financial institution (student loan, auto loan, mortgage, etc.), you’re charged interest for borrowing that money. You can also earn interest in the form of a yield on interest-bearing accounts, such as savings accounts. Interest is either the cost of borrowing money or the reward for saving or investing it — depending on which side of the transa ...

And it's time for the big three. We've got three stocks, three charts, and three trades for you today. Rick Dat of course will take us through the charts.And here to take us through the trades today, Scott Bowerer, the CEO over at Prosper Trading Academy. Scott, great to have you with us. You know, a bit of a wild day.We are off of session lows, but still, you know, firmly trading down in the red here. A lot of concerns about oil prices. We're we're right about 100.I think we dipped under we're dipping unde ...

Core Viewpoint - The UK is prepared to support the release of emergency oil reserves in response to rising oil prices due to renewed conflict in the Middle East, as stated by Finance Minister Rachel Reeves [1]. Business - Cboe plans to launch prediction market contracts that will offer partial payouts based on the accuracy of traders' predictions, moving away from the traditional all-or-nothing format [1]. - Shell is set to offload Jiffy Lube and Premium Velocity to Monomoy Capital for $1.3 billion [1]. Energy - The potential release of oil reserves is being discussed among G7 finance ministers as a coordinated response to the spike in oil prices [1]. - The current situation in the Middle East is causing significant volatility in energy markets, prompting discussions on measures to stabilize prices [1].

US and China clash over fentanyl and tariffs at global drugs meeting | ReutersSkip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivSara Carter speaks at the Conservative Political Action Conference (CPAC) annual meeting in National Harbor, Maryland, U.S., February 22, 2024. REUTERS/Amanda Andrade-Rhoades/File Photo Purchase Licensing Rights, opens new tabVIENNA, March 9 (Reuters) - The United States and China traded barbs at a U.N. drugs meeting o ...

Dow sinks 800 points as stagflation panic sends Wall Street into freefall# Dow sinks 800 points as stagflation panic sends Wall Street into freefallIndicesAuthorDevesh KumarMar 09, 2026, 14:41 PM- Fed faces dilemma as weak jobs and rising oil cloud rate-cut outlook.- US economy loses 92,000 jobs in February as unemployment rises to 4.4%.- Dow sinks as oil tops $100 and weak jobs data reignite stagflation fears.Wall Street opened Monday to a continuation of last week's carnage as the Dow Jones shed over 800 ...

U.S. stocks opened sharply lower as oil prices surged above $100 per barrel overnight as the Strait of Hormuz, the main passageway for about a fifth of the world's oil, remains closed. With oil at a standstill, some of the world's top oil producers are running out of room to store oil and are cutting production. Kuwait and Iraq are among them. The UAE is just beginning to reduce, reports said. If oil prices remain above $100 per barrel, inflation could spike, analysts said. Already, the nation’s average ...

Core Viewpoint - India has revised its income tax rules to expand the scope of financial account reporting, now including crypto assets, central bank digital currencies (CBDCs), and specific electronic money products [1][2]. Group 1: Changes in Financial Account Reporting - The updated framework includes income streams such as interest linked to crypto and crypto-related holdings, indicating a shift towards comprehensive tax reporting of digital asset activities [2]. - Crypto asset service providers and certain financial institutions are now required to report transactions and balances involving these assets to tax authorities [2]. Group 2: Definition and Monitoring of Financial Assets - The definition of "financial assets" has been broadened to encompass CBDCs and various electronic money instruments within the tax reporting framework [1]. - The definition of "depository institutions" has been revised to include accounts representing electronic money products or holding CBDCs, necessitating more detailed monitoring of these accounts by banks and depositories [3]. Group 3: New Conditions for Accounts - New conditions have been established for accounts related to company formation or capital raising, with some depository accounts having year-end balances below $10,000 being exempt from these requirements [4]. - Financial institutions must maintain valid self-certifications and obtain taxpayer identification numbers and dates of birth, in compliance with the Prevention of Money-Laundering Act, 2002 [4]. Group 4: Applicability of the New Rules - The obligations apply to both existing and newly opened accounts, including joint account holders and controlling persons, for account categories where the balance exceeds $10,000 [5]. - The amended rules are specifically applicable to non-US accounts [5].

BNY CEO Robin Vince reveals how the nation's oldest bank is deploying over 130 AI-powered "digital employees" to work side-by-side with humans. Vince also explains the psychological challenge of changing company culture and why every top executive needs a coach. Recorded on January 21, 2026. #AI #Banking #WSJ ...

Upgrades - TD Cowen upgraded Iqvia (IQV) to Buy from Hold with a price target of $213, increased from $174, citing no expected revenue headwinds from AI [2] - Wolfe Research upgraded Brinker (EAT) to Outperform from Peer Perform with a price target of $184, noting that the Chili's unit has "earned value credibility" and traffic has outperformed [2] - Scotiabank upgraded Verizon (VZ) to Outperform from Sector Perform with a price target of $54.50, up from $50.25, after positive management meetings indicating strong momentum in subscriber loading and cost improvements [3] - Argus upgraded AutoZone (AZO) to Buy from Hold with a price target of $4,325, driven by expectations of positive year-over-year profit growth starting in Q3 after two quarters of negative earnings growth [4] - Rothschild & Co Redburn upgraded GE Vernova (GEV) to Buy from Sell with a price target of $1,100, up from $560, due to stronger than expected demand and margins in power and utilities [4] Downgrades - Wolfe Research downgraded Starbucks (SBUX) to Peer Perform from Outperform without a price target, indicating a need for evidence of sustained execution despite emerging positive signs [5] - William Blair downgraded Talkspace (TALK) to Market Perform from Outperform without a price target, following the announcement of its acquisition by Universal Health Services (UHS) for $5.25 per share, totaling $835 million [5] - TD Cowen downgraded Western Alliance (WAL) to Hold from Buy with a price target of $83, citing decreased investor tolerance for future credit events despite idiosyncratic exposures [5] - Bernstein downgraded Brown-Forman (BF.B) to Market Perform from Outperform with a price target of $29, down from $37.50, due to anticipated margin pressures from rising costs of barreled whiskey [5] - Citizens downgraded Marriott Vacations (VAC) to Market Perform from Outperform without a price target, suggesting the board should have considered strategic alternatives given a 60% stock decline over the previous CEO's tenure [5]

Many of Asia’s richest families are reconsidering their exposure to Dubai as the Iran war rattles the city that has attracted billions from across the region in recent years. Several consultants told Bloomberg News they are getting calls from clients seeking to delay relocation plans while others are exploring ways to reduce their investments in an area once considered safe and stable. Those who are already in Dubai are drawing up contingency plans in case the turmoil escalates.Asia investors who went to th ...