Financials

Bitcoin has been sliding since May, dipping below it's 200-week moving average. Financial specialists believe it will take up to a year for the cryptocurrency to recover.

Second-quarter earning reports for big financial firms were mixed as Goldman Sachs reported a better-than-expected $7.39, or a 2.5% gain

Bank of America's second quarter profit fell to $6.2 billion, or 73 cents per diluted share, compared to $9.2 billion, or $1.03 per share, during the same period a year ago.

Revenue at the global markets unit, which houses Goldman's trading desks, jumped 32% to $6.47 billion, with fixed income, commodities and trading revenue surging 55% and equities revenue adding 11%.

Regions Financial has been accused in a lawsuit of allegedly overcharging fees and mismanaging a trust.

The Bank of England is warning about the cryptocurrency meltdown that's taken place this year, and the need for tougher financial regulations on the industry.

Hundreds of employees in the bank's mortgage business have been caught in the crosshairs as the Federal Reserve has driven mortgage rates higher as it works to bring down inflation.

The tech giant is bringing lending and credit assessment in-house for the first time through Apple Financing LLC.

An emergency fund allows you to pay for unexpected expenses, like providing a cushion if you lose your job or face sudden financial obligations. Without savings, you may have to use credit cards.

Bank of America Corp reported a fall in first-quarter profit on Monday, as a slowdown in global deal making weighed on its investment banking businesses.

Russia may have defaulted on foreign bonds for the first time since the years following the 1917 Bolshevik revolution.

JPMorgan Chase & Co reported a fall in first-quarter earnings on Wednesday, hurt by a slowdown in dealmaking brought on by the Ukraine conflict and a decline in trading revenue.

Standard & Poor's issued a downgrade of Russia's foreign currency rating increasing the prospect of defaulting on external loans for the first time in more than a century.

Student loan borrowers sound off on Biden extending the pause on federal student loan repayments, saying it's "unfair" for those who have payed debts and are still actively paying.

Deutsche Bank has joined JPMorgan Chase and Goldman Sachs in winding down its business in Russia following the country's invasion of Ukraine.

Goldman Sachs has become the first Wall Street firm to suspend its operations in Russia following the country's invasion of Ukraine.