BlackRock Assets Reach Record High After Strong Investor Inflows
BlackRock, the world’s largest asset manager, reported record assets under management in the second quarter of 2026, supported by strong investor inflows into exchange-traded funds…
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EU Plans Banking Reforms to Build Stronger Global Lenders
The European Commission is preparing a package of banking reforms aimed at helping European banks grow larger and compete more effectively with major U.S. financial…
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State Street Profit Jumps 56% on Strong Asset Servicing Fees
State Street Corp. reported a 56% increase in second-quarter profit, driven by higher fee income from asset servicing, investment management, and stronger client activity. The…
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European Stocks Hold Steady as Earnings Offset Geopolitical Risks
European stock markets traded mostly flat as investors balanced strong corporate earnings against rising geopolitical tensions in the Middle East. The STOXX 600 index edged…
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Global Investors Pour Record Funds Into U.S. Stocks on AI Optimism
Foreign investors continued to increase their exposure to U.S. equities, driven by confidence in the country’s artificial intelligence sector and large technology companies. According to…
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PayPal Shares Jump on Reported Buyout Offer
PayPal Holdings shares surged after reports that Stripe and private equity firm Advent International submitted a joint acquisition offer valued at $60.50 per share, representing…
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U.S. Retail Sales Beat Forecasts, Supporting Market Confidence
U.S. retail sales rose more than expected in June, signaling that consumer spending remains resilient despite higher borrowing costs and ongoing economic uncertainty. The stronger-than-forecast…
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U.S. Dollar Holds Near One-Month Low as Fed Rate Bets Ease
The U.S. dollar traded near a one-month low as investors grew more confident that the Federal Reserve will keep interest rates unchanged at its July…
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Gold Falls as Rising Oil Prices Weigh on Market Sentiment
Gold prices dropped to a two-week low as escalating tensions in the Middle East pushed oil prices and U.S. Treasury yields higher, reducing demand for…