Big Banks Cash In as Loan Demand Surges

Big Banks Cash In as Loan Demand Surges
U.S. banking giants boosted their profits in the fourth quarter, buoyed by increasing demand from borrowers that could bode well for lenders' future earnings. Pictured: the new JPMorgan Chase Headquarters lobby seen from Park Ave, New York. (Anthony Behar/AP)
Federal Reserve: US Economic Activity Rose in Recent Weeks
Economic activity increased in most parts of the U.S. and employment was mostly unchanged in ⁠recent weeks, the Federal Reserve said Wednesday in a report that may do little to sway policymakers' interest rate views ahead of the central bank's meeting in two weeks.... [Full Story]
Bill Would Create $2.5B Critical Minerals Stockpile
A bipartisan group of U.S. lawmakers Thursday introduced a bill to [Full Story]
Airlines Continue to Avoid Iran Iraq Despite Airspace Reopening
European airlines like Wizz Air, Lufthansa, and British Airways [Full Story]
Musk's Grok Blocks Image Undressing After Global Backlash
Elon Musk's platform X on Wednesday announced measures to prevent its [Full Story]
Sen. Marshall to Newsmax: Credit Card Bills Promote Consumer Savings
Sen. Roger Marshall, R-Kan., said on Newsmax Wednesday that [Full Story] | video
Kaiser Permanente Affiliates to Pay $556M Over  Medicare Fraud Claims
The Department of Justice said five Kaiser Permanente ?affiliates in [Full Story]
Trump Places 25% Tariff on Advanced Computer Chips
President Donald Trump on Wednesday imposed a 25% tariff on [Full Story] | video
Beijing Orders Chinese Firms to Drop US, Israeli Cyber Tools
Chinese authorities have told domestic companies to stop using [Full Story]
US Healthcare Spending Soared to $5 Trillion in 2024
U.S. healthcare spending rose by 7.2% ?to $5.3 trillion in 2024 from [Full Story]
Trump Team Completes $500M Venezuela Oil Sale
The U.S. has completed its first sales of Venezuelan oil under a [Full Story] | video
Wall Street Ends Lower, Led by Tech and Bank Shares
U.S. stocks fell Wednesday, led by a drop in the Nasdaq with [Full Story]
Greenland Acquisition Would Cost US $700 Billion
The United States could be looking at a bill as high as $700 billion [Full Story]
Bipartisan Deal Pushes $50B in Foreign Aid Spending
Republicans struck a bipartisan, bicameral funding deal with [Full Story]
Wholesale Inflation Ticks up a Mild 0.2% in November
U.S. wholesale prices rose modestly in November, the government said [Full Story]
Verizon's Network Down for Thousands in US
Verizon Communications' network was down for thousands of users in [Full Story]
Zoe Saldana Is All-Time Highest-Grossing Actor
Zoe Saldana became the highest-grossing actor in film history after [Full Story]
Banking Giants Reap Bigger Profits on More Loans
U.S. banking giants boosted their profits in the fourth quarter, [Full Story]
Mortgage Refis Jump 40% After Trump's $200B Move
Mortgage refinancing demand surged 40% in a single week after [Full Story]
CrowdStrike Defeats Lawsuit Over Major Outage
A federal judge dismissed a lawsuit by CrowdStrike shareholders who [Full Story]
Medical Debt Linked to Rent, Mortgage Problems
People burdened with medical bills may also be more likely to [Full Story]
2025 US Home Sales Stuck at 30-Year Low
The U.S. housing market slump dragged into its fourth year in 2025 as [Full Story]
US Existing Home Sales Accelerate in December
U.S. existing home sales accelerated in December, boosted by ?lower [Full Story]
Online Shopping Linked to Higher Stress Levels
Are you trying to lower your stress by scrolling eBay for rare finds, [Full Story]
Netflix Prepares All-Cash Offer for Warner Brothers
Netflix is reworking the terms of its proposed acquisition of Warner [Full Story]
Michael Busler
American parents are no longer grappling with a hypothetical issue. They are confronting a disturbing reality... [Full Story]
Lauren Fix
The Car Coach®
EV-only is collapsing.... [Full Story]
Thomas Kolbe
The U.S. economy managed to drastically reduce its trade deficit in October of last year.... [Full Story]
Peter Morici
Twitter @pmorici1
President Trump may be able to appoint a loyalist to chair the Federal Reserve Board, but that doesn't... [Full Story]
George Mentz
A Stock Market Bubble Only Exists if the S&P 500 Hits 10,000 This Year.... [Full Story]
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