KEN SWEET

July 23, 2024 at 2:14 pm

Visa’s fiscal third-quarter profits rise 9% as payments become increasingly digital

Payment processing giant Visa Inc. said its fiscal third-quarter profits rose 9% on an adjusted basis as it benefits from consumers and businesses moving their...

• Business

July 23, 2024 at 1:30 pm

US banks to begin reporting Russian assets for eventual forfeiture under new law

The Treasury Department is ordering the nation’s banking industry to start disclosing its holdings of Russian assets, with the goal of eventually seizing those billions...

• Business

July 19, 2024 at 4:19 am

Cardmember spending drives American Express second-quarter profits soaring 39%

American Express said Friday second-quarter profits jumped 39% as the credit card company benefitted again from a broad increase in cardmember spending as well as...

• Business

July 17, 2024 at 8:58 am

Capital One offers $265B benefit plan to appease regulators for its planned purchase of Discover

Capital One said Wednesday it plans to offer $265 billion in lending, investing and philanthropy projects as part of its $35 billion merger with Discover...

• Business

July 16, 2024 at 5:30 am

Bank of America Q2 profits drop as higher interest rates slow down lending

Bank of America said Tuesday its profits fell in the second quarter, as higher interest rates ate into expenses, including its large consumer banking franchise.

• Business

July 15, 2024 at 5:22 am

Goldman Sachs profits more than double in second quarter as dealmaking comes back on Wall Street

Goldman Sachs has posted a 150% jump in its second quarter profits.

• Business

July 12, 2024 at 4:28 am

Big bank quarterly results show signs of consumers slowing down spending

Signs of consumers slowing down spending and falling behind on their bills weighed down shares of the big banks on Friday.

• Business

July 10, 2024 at 1:58 pm

Government fines Citigroup $136 million for failing to fix longstanding internal control issues

A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient progress in resolving longstanding internal...

• Business

July 1, 2024 at 5:08 am

After 32 years as a progressive voice for LGBTQ Jews, Rabbi Sharon Kleinbaum heads into retirement VIEW

For more than three decades, Rabbi Sharon Kleinbaum has led the nation’s largest LGBTQ+ synagogue through the myriad ups and downs of the modern gay...

• Nation & World
• Nation

July 1, 2024 at 5:00 am

Documenting the history of American Express as an in-house historian

Ira Galtman is part of a small community of corporate archivists.

• Business