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Key insight: Cogent Bank plans to use trust services as a tool to bind wealthy clients more tightly to the bank. Supporting data: Both Miami and West Palm Beach saw their millionaire counts double between 2014 and 2024. Expert quote: “When a client names an institution as a trustee, that’s not something they take lightly…
An article on WSJ.com says US Treasury Secretary Scott Bessent may get support from the crypto markets as he tries to push bond yields lower. Earlier this week, Bessent said the US Treasury Department would use its balance sheet to buy Treasuries in an attempt to drive yields lower. With midterms looming and interest rates stubbornly high, the…
The S&P 500 Index ($SPX) (SPY) is up by +0.40% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.94%. E-mini S&P futures (ESU26) are up +0.35%, and September E-mini Nasdaq futures (NQU26) are up +0.94%. Stock indices are climbing today, supported by weakness in crude…
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Amid a downturn in consulting revenue and allegations of client data leaks, KPMG Australia on Monday said it’s laying off 360 people and 27 partners. That amounts to about 5% of the Big Four’s workforce in Australia,…
Key Takeaways Cash App is a digital financial platform that allows its users to send money, pay for goods and services, invest and trade stocks, and access bitcoin. You can use the Cash App Card like any other Visa debit card, from digital wallet use to ATM transactions. The Cash App Card and sponsored accounts…
For businesses, the financial institution behind a credit card can play an important role in everything from day-to-day spending to cash flow management and rewards. Javelin Strategy & Research data reveals which issuers have the strongest presence among business credit cardholders. American Express leads the field, followed closely by Bank of America and Chase, while…
The chip maker is strongly positioned to gain share in the market for data-center CPUs and to see profit from revenue, a Raymond James analyst says.
Autumn just came early. Starbucks’s 2026 fall menu is officially in stores as of August 25, bringing returning favorites along with new takes on fall flavors. From a selection of pumpkin drinks to other fall fruits and even new merch for diehard fans, here’s everything on offer from Starbucks as we head into spooky season….
US treasury sells $69 billion of 2-year notes at a high yield of 4.204% !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Rupert Thompson’s weekly investment commentary analyses market reactions to recent events and identifies upcoming market trends in global markets, including equities, fixed income and FX August 25, 2026 US, Canada tariffs rear their ugly head again; image credit: Yau Ming Low/shutterstock