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July 02, 2026 Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc. For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below: Small Business Bank, Lenexa, Kansas PCA Directive dated June 29, 2026 The Federal Reserve Board also announced the termination of the following enforcement actions listed below: BNP Paribas S.A., Paris, France, BNP Paribas USA, Inc., New York, New York, and BNP Paribas…

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In this photo illustration, Apps for online prediction market sites are shown on an electronic device on Feb. 25, 2026 in Chicago, Illinois. Scott Olson | Getty ImagesThe 2026 FIFA World Cup was forecast to be the biggest gambling event in history. For prediction market platforms, that’s led to soaring trading volumes in June. Kalshi saw more than $31 billion in notional volume during the month, a more than 70% increase from May’s total of $17.9 billion, according to user collected data on Dune Analytics. The platform has consistently managed volume over $1 billion daily since the soccer tournament began on…

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The S&P 500 Index ($SPX) (SPY) on Thursday closed unchanged, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.61%.  September E-mini S&P futures (ESU26) fell -0.25%, and September E-mini Nasdaq futures (NQU26) fell -1.82%. Stock indexes erased early gains on Thursday and settled mixed, with the S&P 500 posting a 2-week high and the Dow Jones Industrial Average hitting a new all-time high.  Chipmakers sold off for a second day on Thursday, weighing on the broader market and dragging the Nasdaq 100 sharply lower.  Chipmakers opened lower on Thursday after South Korea’s Kospi Index…

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David Rubenstein, Carlyle Group co-founder and host of Bloomberg’s The David Rubenstein Show, shares with David Gura his motivation behind, what he terms, “patriotic philanthropy,” focusing on preserving key historical documents and monuments in the United States. (Source: Bloomberg)

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British teenagers living in the EU could be priced out of UK universities in two years’ time as a Brexit rule change means they face the double whammy of paying costlier international fees, while losing access to student finance.British passport holders living in the EU still qualify for “home fee” status at UK universities. But this will no longer be the case when the grace period ends in 2028, meaning the first wave to be affected are starting their A-levels, or equivalent, this autumn.While domestic fees for UK universities are capped – at £9,790 for the 2026 intake – universities…

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Bitcoin (BTC-USD) opened at $61,492.99 on Friday, July 3, 2026, up 2.5% from Thursday’s opening price. The value of bitcoin rose to $61,853.72 by 8:45 a.m. ET. Ethereum (ETH-USD) opened at $1,698.37 on Friday, up 5.6% from Thursday’s opening price. The value of ethereum moved up to $1,731.87 as of 8:45 a.m. ET. The prices of bitcoin and ethereum are up following a June jobs report that missed expectations. Analysts had expected a gain of about 115,000 jobs last month and an unemployment rate of 4.3% for the fourth month in a row. Instead, the economy added 57,000 new jobs,…

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Key PointsBlackRock built a massive business around exchange-traded funds.The company’s current focus is to build out its private markets business, which could be a much more profitable opportunity. Dramatic growth in private markets could come if they are offered more broadly within retirement plans. 10 stocks we like better than BlackRock ›BlackRock (NYSE: BLK) is one of the largest sponsors of exchange-traded funds (ETFs). ETFs make up around 40% of its business. There’s just one problem with that: ETFs generally have low expense ratios. ETFs are a reliable business, but other businesses are more profitable. One such business is private…

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