Dow Jones Top Financial Services Headlines at 11 AM ET: Charles Schwab Profit Jumps on Tariff Trading Surge | American ...

Dow Jones2025-07-18

Charles Schwab Profit Jumps on Tariff Trading Surge

The brokerage benefited from the market's busy-and bumpy-ride since April.

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American Express Customers Pay Up for Lounges and Dining Perks

American Express posted higher revenue in the second quarter, driven by a 20% jump in card fees.

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Private-Equity Secondary Market Defies First-Half Gloom

The market for secondhand private-equity stakes is heading for a record year as institutional investors grapple with a lack of cash returns from their fund investments.

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The Global Risks That Come With the Loss of an Independent Fed

It isn't just the U.S. Other countries have also come to expect an independent U.S. central bank.

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Fed Gov. Waller Makes the Case for Cutting Interest Rates in 2 Weeks

The Waller speech comes as President Donald Trump intensifies pressure on the Fed to lower borrowing costs.

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Why Banks Are on High Alert About Stablecoins

Banks fear the tokens could siphon deposits they use to fund loans to companies and consumers.

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House Passes Crypto Bills After Trump Rallies Republicans

The bills establish standards for stablecoins, lay out rules for crypto exchanges and ban central-bank digital currencies.

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Coinbase Eyes Regulatory Win as Trump Pushes Crypto-Friendly Legislation

Coinbase stands to benefit from the passage of a bill that would set up oversight of stablecoins.

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Senator Warren Has a New Target on Wall Street: Private Credit

Sen. Elizabeth Warren sent letters Thursday to agencies including S&P Global Ratings, Moody's Ratings and Fitch Ratings, asking for information about how they score the riskiness of private-credit products.

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Financial Services Roundup: Market Talk

Find insight on Danske Bank, Elevance Health, U.S. Bancorp and more in the latest Market Talks covering Financial Services.

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Does Trump Have the Authority to Fire Fed Chair Powell?

The president may try to terminate the Fed chair's tenure early. But whether Trump has the ability to do so isn't clear.

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Travelers Stock Is Rising as the Insurer Smashes Earnings Expectations

The property and casualty insurer reports core earnings of $6.51 a share for the second quarter.

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U.S. Bancorp Second-Quarter Profit Rises Despite Soft Interest Income

U.S. Bancorp notched a higher profit for the latest quarter, though interest income growth was more sluggish than anticipated.

 

(END) Dow Jones Newswires

July 18, 2025 11:00 ET (15:00 GMT)

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