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Interest Income

The big question facing banks as earnings season begins

Investors have questions about how a new cycle of interest rate cuts from the Federal Reserve will affect the largest U.S. banks, and they will be looking for answers when third-quarter earnings season begins on Friday. First up are results…

Robinhood results beat estimates on meme stocks and crypto trading boom

By Manya Saini (Reuters) – Robinhood far beat Wall Street expectations for second-quarter revenue and profit on Wednesday as more retail investors took an interest in meme stocks and cryptocurrencies. The app, typically associated with retail investors, saw a surge…