The Federal Reserve isn't in a rush to cut interest rates, which means you could be on the hook for more taxes next year on the interest you earn now. These moves can help you soften that blow.

Accrued interest is recorded as an expense or as revenue on the income statement, depending on whether the interest is being paid or received. Accrued expenses are a type of accrued liability and ...

Bank of America expects record net interest income in 2025, the head of its retail banking unit said on Tuesday.

The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...

Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...

Chief Financial Officer Jeremy Barnum said Tuesday the mid-year trough narrative regarding the bank's net interest income "is ...

Investment banking fees up 59% in fourth quarter Bank expects interest income to increase in 2025 Shares up 6% in mid-day trading Jan 15 (Reuters) - Wells Fargo's (WFC.N), opens new tab profit ...

Capital One Financial reported a 60% rise in fourth-quarter profit on Tuesday, as a higher income from interests helped the consumer lender. Consumer spending has remained strong on hopes of a soft ...

Lansing — Michigan has made record interest income over the past two years off surplus cash that’s been invested while waiting to be spent on state roads, schools and services. The state made ...

The bank said that it has a solid pipeline in its investment banking business while its net interest income, or the difference between what it earns on loans and pays out on deposits, would begin ...