Business

Customers Bank, founded in 2009, provides a range of financial services to individuals, entrepreneurs, and small businesses. Its personal banking offerings include checking and savings accounts, loans, cash management solutions, and specialized lending products.

Published on: February 11, 2025, 10:00 PM UTC

Lattice Semiconductor (LSCC) stock rose after the company reported Q4 results and named a new CFO. Sales beat estimates, while profits fell short, but Q1 projections exceeded expectations.

Published on: February 11, 2025, 09:03 PM UTC

President Trump's new steel tariffs put pressure on U.S. automakers like Ford, GM, and Stellantis, potentially increasing car prices and disrupting supply chains.

Published on: February 11, 2025, 09:03 PM UTC

Coca-Cola CFO dismisses tariff impact, says higher aluminum prices 'manageable'; shares jump 4% after earnings beat

Published on: February 11, 2025, 09:02 PM UTC

US stocks closed mixed after President Trump's tariff policy shifts and ahead of inflation data. The Dow rose 0.3%, while the S&P 500 was flat and the Nasdaq Composite fell 0.4%. Investors are awaiting Jerome Powell's testimony on interest rates and inflation, and are also concerned about the potential impact of tariffs on trade partners and the global economy. Gold surged as a safe haven asset, hitting an all-time high amid uncertainty.

Published on: February 11, 2025, 09:02 PM UTC

The growing crisis in the insurance industry may make it hard to get a mortgage in parts of the country in the coming decades, Federal Reserve Chairman Jerome Powell said on Tuesday.

Published on: February 11, 2025, 09:02 PM UTC

Hedge fund billionaire Ken Griffin calls Trump's "bombastic rhetoric" on tariffs a "huge mistake," saying it "poses an impediment to economic growth." Griffin's comments come as Trump's tariff threats have dominated his early weeks in office.

Published on: February 11, 2025, 09:01 PM UTC

The New York Fed President, John Williams, says that current interest rates should help bring inflation back to the central bank's 2% target.

Published on: February 11, 2025, 09:01 PM UTC

Commonwealth Bank of Australia reports better-than-expected first-half cash earnings, driven by volume growth in home lending and deposits, and a lower loan impairment expense.

Published on: February 11, 2025, 09:00 PM UTC

David Beckham's brand secures trademark rights in Russia, allowing his name to be used on various products including yoga mats, bed linens, beer mug mats, and nappies. Despite ongoing sanctions against Russia, Beckham's company has not violated any laws.

Published on: February 11, 2025, 09:00 PM UTC