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By Breakingviews It’s a truism that the United States has too many banks, and even after the collapse of four lenders this year, the country could stand to lose a few more. But while the latest count of nearly 4,100 institutions may be excessive, it’s not always true that bigger…

The 49-page indictment against Donald Trump unsealed on Friday is a charging document of uncommon specificity, legal experts said. Accusing him of mishandling government secrets and lying to authorities, US prosecutors showed boxes containing classified records piled high in a bathroom and alleged the former president shared details of a…

Special counsel Jack Smith returned an historic indictment against former President Donald Trump that was unsealed Friday, the first time that a former president has been charged with crimes in federal court. Trump faces a total of 37 counts, including 31 counts of willful retention of national defense information. His…

The broader U.S. stock market looked sleepy Tuesday, but small-cap investors were not in the mood for a nap. The small-cap Russell 2000 index RUT, -0.80% — made up of the smallest 2,000 companies in the broader Russell 3000 RUA, +0.02% by market capitalization — jumped 2.7% for its highest…

Since the CFP Board added the psychology of financial planning as a required competency for certified financial planners in 2022, I’ve often heard the separate disciplines—financial therapy, behavioral finance, and client psychology—used interchangeably. That’s not surprising.  The psychology of financial planning as practiced by a planner is broad-based and holistic.…

Dear Quentin, I am 52, and live alone without other income. For the past 15 years, I earned a large salary in a demanding role at a tech company.  The company was sold and I took time off, and then started a different job in a new industry. I earn…

The amount of money U.S. banks borrowed from the Federal Reserve barely changed last week, but it was still close to $100 billion and pointed to lingering stress in the financial system. Total bank borrowing was unchanged at $96 billion in the seven days ending May 24. Several regional banks…

© Reuters. FILE PHOTO: The logo of General Electric is seen at its plant in Baden, Switzerland November 15, 2017. REUTERS/Arnd Wiegmann (Reuters) – General Electric (NYSE:) Co is offering 25 million of common stock, or an over $2 billion stake, in GE HealthCare Technologies Inc, according to a regulatory…

LONDON (Reuters) – Saudi Arabia will make new voluntary cuts as part of an OPEC+ deal, an OPEC+ source told Reuters on Sunday. Two other OPEC+ sources said the group is likely to agree a policy roll over until 2023 and make additional cuts in 2024 if new production baselines…