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)
Fed: 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]
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]
US Retail Sales Beat Expectations in November
U.S. retail sales increased more than expected in November as motor [Full Story]
Free Starlink Helps Iran Protesters Beat Blackout
Iranian demonstrators' ability to get details of bloody nationwide [Full Story]
Wells Fargo Profit Climbs on Interest Income Boost
Wells ?Fargo's profit rose in the fourth quarter as it earned more [Full Story]
Bank of America Profit Climbs as Trading Surges
Bank of America's profit rose, ?as its traders brought in more [Full Story]
Futures Edge Lower as BofA, Bank Earnings Roll In
U.S. stock index futures edged lower Wednesday as investors digested [Full Story]
JPMorgan Profits Rise 9% in Q4 Excluding Apple Hit
JPMorgan Chase said Tuesday that its fourth-quarter profits rose 9% [Full Story]
Trump Takes on Cost-of-Living Crisis
President Trump's ideas to lower costs and boost spending power could [Full Story]
China's Trade Surplus Surges 20% to a Record $1.2T
China's trade surplus surged to a record of almost $1.2 trillion in [Full Story]
Trump Declares Funding Cuts to Sanctuary Cities
President Donald Trump said Tuesday that his administration will halt [Full Story]
Saks Global Files for Bankruptcy
Luxury retailer Saks Global has filed for bankruptcy, preparing to [Full Story]
BBC: Dismiss Trump's $10B Defamation Lawsuit
The BBC plans to ask a court to throw out U.S. President Donald [Full Story]
Sources: US Seeks Warrants to Seize More Venezuela-Linked Oil Tankers
The U.S. government has filed for court warrants to seize dozens more [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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