financial

President Trump did not profit from market boom in which he created, according to financial report

President Donald Trump gives thumbs up as he steps off Air Force One as he arrives Monday, Oct. 8, 2018, at Andrews Air Force Base, Md. (AP Photo/Alex Brandon) OAN NewsroomUPDATED 11:00 AM PT – Monday, April 12, 2021 A new financial report confirmed President Trump’s assertion he not only did not profit off the …

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Coinbase investigating transaction delays on its financial platform

FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken March 15, 2021. REUTERS/Dado Ruvic/Illustration//File Photo April 6, 2021 (Reuters) – Coinbase Global Inc, the largest U.S. cryptocurrency exchange, said on Tuesday it was investigating issues that are causing delays in deposits and withdrawals on …

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G7 agrees to back expansion of IMF financial firepower

FILE PHOTO: A boy walks in front of a graffiti promoting the fight against the coronavirus disease (COVID-19) in the Mathare slums of Nairobi, Kenya, May 22, 2020. REUTERS/Baz Ratner March 19, 2021 By David Milliken and Andrea Shalal LONDON/WASHINGTON (Reuters) – The world’s seven largest advanced economies have agreed to support the first expansion …

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Bank of America emphasizes diversity, employee wellness in annual financial filing

FILE PHOTO: A man uses an ATM machine next an inflatable plastic balloon inside a Bank of America branch in Times Square in New York, U.S., August 10, 2019. REUTERS/Nacho Doce February 24, 2021 By Imani Moise (Reuters) – Bank of America Corp added new sections to its annual filing that show the growing …

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House Financial Services Committee to hear testimony on GameStop stock shorting frenzy from CEO’s

FILE – This Dec. 17, 2020, file photo shows the logo for the Robinhood app on a smartphone in New York. (AP Photo/Patrick Sison, File) OAN NewsroomUPDATED 7:51 AM PT – Thursday, February 18, 2021 What began as a joke on a small internet forum is about to become the focus of a congressional hearing. …

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U.S. financial outlook mostly good, growth could outpace China: Fed’s Bullard

FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su/File Photo February 16, 2021 WASHINGTON (Reuters) – Financial conditions in the United States were “generally good” right now, with the potential for its economic growth to outpace China, St. Louis Fed president …

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Exclusive: Goldman, other financial firms add China staff, eyeing growth

FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid/File Photo February 11, 2021 By Scott Murdoch and Samuel Shen HONG KONG (Reuters) – Global financial firms including Goldman Sachs, BlackRock and Fidelity …

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Hong Kong expects to earn $4.5 billion from trading fees this financial year

FILE PHOTO: A Stock Exchange of Hong Kong (HKEX) sign is seen at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang February 3, 2021 HONG KONG (Reuters) – The Hong Kong government estimates it will earn HK$35 billion ($4.52 billion) in revenue in the …

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Trump resort revenue sank as pandemic spread: financial disclosure

FILE PHOTO: A construction dump truck sits unattended outside the Trump International Hotel in Washington, U.S., December 2, 2020. REUTERS/Tom Brenner/File Photo January 21, 2021 By Pete Schroeder WASHINGTON (Reuters) – Some of former President Donald Trump’s most high profile hospitality assets took a revenue hit last year as COVID lockdowns hurt business, according to …

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Biden Picks Warren Allies to Head Financial Sector Oversight Agencies, SEC, and CFPB

President-elect Joe Biden on Jan. 18 announced six additional picks for top administration posts, including two progressive allies of Sen. Elizabeth Warren (D-Mass.) for positions in financial sector oversight, in a move that suggests more aggressive regulation of big business. Biden has nominated a current member of the Federal Trade Commission (FTC), Rohit Chopra, to serve …

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