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
Toyota announced that its quarterly earnings fell 43 percent, a sharp drop that reflects the pressure from higher material costs and U. S. tariffs on imported parts. The company also revealed that its long‑time finance chief, Kenta Kon, will step into the CEO and president roles in April. Kon
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
Financial crime is a growing problem. Companies in the U. S. are losing over $100 billion every year. Almost 60% of them saw more fraud in 2025. At the same time, banks and fintechs face stricter rules. Teams are struggling. They have more work, but not more people. Manual reviews take up too much 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
Financial freedom is often seen as a distant goal, something to achieve after years of hard work and saving. But what if there's a better way? Lifestyle investing offers a different path. It's not about waiting until retirement to enjoy life. Instead, it's about creating income streams that support
Financial worries can age your heart faster than you might think. A recent study found that money troubles and not having enough food can speed up heart aging just as much as high blood pressure or diabetes. This means people with financial stress might be at a higher risk of heart disease and even
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
