FINANCE & BANKING

US business owners rush to exploit a tax break shielding £111bn in capital gains since 2012, as Congress expands the QSBS loophole.

The Russell 2000 index outperformed the S&P 500 in 2026, but 40% of its companies generate no earnings, posing challenges for investors amid high borrowing costs and Federal Reserve policies.

Lloyds Banking Group experienced a significant IT outage on 3 June, affecting millions of customers across multiple brands for over three hours during peak business hours.

The Trump Accounts app launches, offering $1,000 in seed money for children's savings accounts, aiming to modernise financial planning with government-backed incentives and fintech integration.

Berkshire Hathaway acquires Taylor Morrison for $8.5 billion, marking a strategic expansion in the housing market under Greg Abel's leadership. The deal transitions Taylor Morrison to private ownership.

Trump Mobile exposed thousands of customers' personal data online, sparking concerns over corporate accountability. Despite warnings, the issue was ignored until public pressure forced action.

Charlie Munger's investment philosophy emphasises psychological discipline over mathematical models, advocating for embracing market volatility and focusing on long-term gains rather than panic selling.

Self-taught investor Chris Camillo says six months of AI self-study could earn anyone $500,000 (£395,000) a year - and he claims Grant Cardone copied the idea from him.

Investor Chris Camillo says he earned over $10M trading Amazon, Bloom Energy and Robinhood in three months, calling it his best stretch in 18 years.

Donald Trump faces allegations of using presidential power to benefit family business interests in crypto and prediction markets, amid reduced regulatory oversight by the Commodity Futures Trading Commission.

FXIFY, a broker-backed prop firm, celebrates its third anniversary with new trading programs and a $3 million giveaway, highlighting its commitment to trader success and innovation.

Kevin O'Leary advises investors to avoid stock picking and instead invest in the entire market for long-term gains, suggesting a simple SPY test to prove the effectiveness of this strategy.

Bank of America agrees to a $2.25 million settlement over alleged duplicate ATM fees at 7-Eleven. Former customers must file claims by June 29 to qualify for compensation.

Quantitative analysts, or quants, have transformed financial trading by using complex algorithms and mathematical models, reshaping the finance industry and gaining significant influence and recognition.

Vanguard founder John Bogle's timeless investment advice, focusing on index funds and avoiding speculation, remains crucial amidst today's market volatility and global economic challenges.

Financial platforms are evolving into full ecosystems that combine banking, investing, payments, insurance, and digital services in one environment.

Elon Musk advises investors to buy stocks in companies they believe in, diversify investments, and avoid selling during market panics unless company fundamentals deteriorate.