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The average 401(k) balance is slowly but surely creeping up, reaching $155,800 as of the second quarter of 2026, according to a recent report from Fidelity. This suggests that Americans are working harder to save for their future and making real progress. But that doesn’t mean that if you’re doing better than the average, that…
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ICICI Bank’s market capitalisation (mcap) is fast catching up with that of India’s most valuable lender, HDFC Bank, which currently stands at Rs 10.93 trillion. At Rs 10.43 trillion currently, ICICI Bank is just Rs 49,167 crore behind HDFC Bank’s market capitalisation. This latest gap between the two lenders is the lowest since January 29,…
As U.S. stocks head into September, a key trading level suggests the S&P 500 could dodge a big loss in what is historically a turbulent month.
Left to right: Mike Joo and Adeel Khan Barclays has hired Bank of America’s Mike Joo to co-head its investment bank alongside Adeel Khan, who has been one of four co-heads leading the business since 2024. The move, which re-brands the senior-most roles as co-chief executive officers, is part of a bid to power up…
MONETT, Mo., Aug. 31, 2026 /PRNewswire/ — Jack Henry & Associates Inc.® (Nasdaq: JKHY) today issued the following statement on its response to a recent cybersecurity incident: “Jack Henry recently detected a cybersecurity incident within a limited portion of our internal, non-production corporate environment. No client-facing systems, operating systems, core platforms, or daily processing services were accessed or disrupted, and they all remain secure and fully operational. We did not…
ICYMI: Bessent lists reasons Fed could skip a September hike despite Warsh remarks !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Severe backlogs could leave over a dozen US Navy attack submarines awaiting decommissioning sitting idle for more than 14,000 days through the end of the decade, and cost the sea service over $3 billion, according to a new watchdog report. Navy maintenance delays have already cost the sea service billions of dollars and sidelined active…
Ryan Breslow is seeking up to $27 million in bridge financing for Bolt, the payments startup he co-founded, as he works to stabilize the company and position it for a larger funding round, according to TechCrunch. The financing is being raised from Bolt’s existing investors and is structured as a convertible note, the news outlet…
FDIC relearns SVB lessons in resolution tinkering – Risk.net Skip to main content Close navigation menu End of drawer navigation content Paring back requirements gets thumbs up from some, but concerns linger Proposals altering the type of information collected by US regulators to prepare for a bank’s demise have divided industry sources. Some argue the…