Interest Earnings Last Year May Boost Your Tax Bill—Here's What You Can Do To Lower It
KEY TAKEAWAYS The Federal Reserve kept interest rates higher than usual in 2024, making savings accounts more profitable and, ...
Bank of America expects record net interest income in 2025
Bank of America expects record net interest income in 2025, the head of its retail banking unit said on Tuesday.
Increased interest income: A blessing and a curse
Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...
Smart Moves To Make Now To Avoid A Larger 2025 Tax Bill While Earning Interest
The Federal Reserve isn't in a rush to cut interest rates, which means you could be on the hook for more taxes next year on the interest you earn now. These moves can help you soften that blow.
Trump wants to close the carried interest tax loophole, a longtime target of Democrats
The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...
EUFN: European Financials Likely To Deliver Modest Earnings Growth In 2025
Shares MSCI Europe Financials ETF invests in European financial stocks, with largest exposure to the UK, Switzerland, and ...
U.S. tariffs and interest rate uncertainties make 2025 a “choppy year” for Singapore's biggest bank: DBS CEO Piyush Gupta
Gupta’s comments come as Southeast Asia’s largest bank by assets posted a solid showing in its full year results, with net ...
Next week: Housing starts, Fed minutes and Walmart earnings
The Commerce Department on Wednesday reports on housing starts for January and the Federal Reserve releases minutes from its most recent policy meeting.
JPMorgan still sees mid-year trough in net interest income, CFO says
Chief Financial Officer Jeremy Barnum said Tuesday the mid-year trough narrative regarding the bank's net interest income "is ...