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The GENIUS Act, which will give the green light to banks interested in stablecoins, but which has also raised fears that it will disintermediate the banking system, passed the House today and heads to President Donald Trump's desk.
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The U.K. fintech's shares fell about 5% in London, partly due to international currency volatility. It hopes a U.S. listing will improve the company's ability to raise capital.
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Monetary policymakers have held off on lower interest rates for months, citing the risk of tariff-induced inflation. Several now say this week's CPI and PPI reports confirmed their suspicions.
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A new federal law that decouples health savings accounts from high-deductible insurance plans is expected to be a tailwind for the Connecticut bank's health care unit.
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Executives believe the Dallas bank will hit its target for improving a key profitability metric later this year, driven by investment and trading fee income.
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After the rapid rise of interest rates, election uncertainty and tariff policies stymied borrower demand, some banks' second-quarter results suggest that loan growth may be on its way back.


















