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Latest Financial News
U.S. Banks Earn $90.1 Billion in Q2 as Industry Profit Rises 12%
FDIC-insured institutions lifted profitability as trading and fee income, securities gains and stronger net interest income outweighed higher operating costs.
U.S. Home Prices Rise 2.1% Year Over Year as FHFA Data Show Growth Cooling
FHFA’s purchase-only index rose 0.3% in the second quarter, but June prices were flat and regional performance split sharply between stronger Midwest and Northeast markets and weaker parts…
Case-Shiller U.S. Home-Price Growth Accelerates to 1.5% in June
National home prices rose faster than in May, but the gain remained below inflation and regional trends ranged from a 6.9% rise in Chicago to a 2.0% decline…
FTC Finalizes Conditions on Ascension’s $3.9 Billion AmSurg Acquisition
The FTC made permanent a remedy requiring seven surgery-center divestitures and a decade of prior-notice obligations in five metropolitan areas.
Woodside Retires 2030 Scope 3 Targets as Underlying Profit Rises 7%
Woodside kept its 2030 Scope 1 and 2 emissions target, raised its interim dividend and put Beaumont New Ammonia under strategic review.
BMO Adjusted Profit Jumps 19% as Bank Plans Buyback of Up to 25 Million Shares
Adjusted net income rose to C$2.86 billion in BMO’s fiscal third quarter, while reported earnings fell as divestiture-related charges weighed on the bottom line.
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