People often blame social media algorithms that prioritize extreme content for increasing political polarization, but this effect has been difficult to prove. Only the platform owners have access to ...

Goldman Sachs (GS), JPMorgan Chase (JPM), and Bank of America (BAC) raised their bonus pool for bankers and traders by at least 10%, reflecting the rebound in dealmaking and trading in 2025, according ...

HSBC Holdings Plc is preparing to hand some bankers little or zero bonuses as the 160-year-old British lender seeks to emulate its Wall Street rivals with a more hard-edged, “eat-what-you-kill” stance ...

Key takeaway: Rob Shaw is opening the first de novo bank the Tampa Bay region has seen in the past five years: Echelon Bank. Core challenge: Starting a new bank comes with a high barrier, requiring ...

Tim Leissner, the former Goldman Sachs Group Inc. banker who admitted his role in one of the largest financial frauds in history, is seeking a presidential pardon before he surrenders to a federal ...

X is revamping the algorithm that ranks posts in the "For You" feed. The engineering team said it will post changes to the algorithm on GitHub every four weeks, including explainers on changes. The ...

John Hawkins was formerly a senior economist at the Reserve Bank of Australia and the Bank for International Settlements. Central bankers from around the world have issued a joint statement of support ...

This is read by an automated voice. Please report any issues or inconsistencies here. Central bankers from around the world said Tuesday they “stand in full solidarity” with U.S. Federal Reserve Chair ...

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. A video of Federal Reserve Chair Jerome Powell ...

Volatility in the banking industry has given rise to fears of a recession and stagflation in the U.S., and new data from American Banker finds that smaller institutions see themselves as the most ...