Bank of America has added Ligand Pharmaceuticals to its list of stocks it recommends buying, setting a new price target at $244. The move comes as the bank highlights Ligand’s business model, which focuses on high‑margin products and a lower level of risk compared to many other biopharma companies.
Banks and regulators have announced that digital versions of securities, known as tokenized securities, will be treated exactly like their conventional counterparts when it comes to capital requirements. The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency explained that
Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni
Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
Riverside Healthcare is bringing in fresh imaging tech to Illinois. This move aims to make health checks quicker and easier for patients. The new tech is part of a team-up with CIVIE, a company that helps run radiology services. This isn't just about new machines. It's about making the whole proces
Bank of America is now telling its rich clients to put some money into Bitcoin. They say it's okay to put 1% to 4% of their money into Bitcoin. This is a big deal because Bank of America is one of the biggest banks in the US. They will let their clients buy Bitcoin through special funds starting Ja
CrossFit is known for building strong, powerful bodies, but it's not all about muscles and strength. Some female athletes in this sport, along with those who also do endurance training, might be dealing with more than just physical challenges. They could be facing issues like eating problems, body i
Riverside Medical Center in Kankakee is investing $28 million to revamp its behavioral health department. This two-year project aims to modernize and expand the facility, which currently serves around 60 patients. The hospital plans to keep the department running during construction. Funding for th
Riverside's Mission Inn Hotel & Spa is gearing up for its annual "Festival of Lights, " a beloved event that transforms downtown Riverside into a winter wonderland. This year, the festival kicks off the weekend before Thanksgiving, marking a shift from its previous start date. The celebration will f
