Stocks and oil drop again, as Omicron’s arrival in the U.S. whips markets.

By Eshe Nelson and Matt Phillips Stocks on Wall Street slid on Wednesday for a second consecutive session, continuing their tumultuous ride since the discovery of the Omicron variant of…

Insights and Advisors Will Improve Wealth Management Apps

When it comes to satisfaction scores, wealth managers trail behind banks and insurers. Wealth managers should invest in digital tools that allow clients to access educational information through the app.…

Mainstream Analysts Pour Scorn on El Salvador’s Financial Plans and Bitcoin Intentions

Nayib Bukele. Source: A screenshot, Instagram/nayibbukele  Mainstream analysts have criticized El Salvador’s budget plans for 2022 and its bitcoin (BTC) bond ambitions – and a media outlet has pointed out…

Oil prices have tanked so hard traders are assuming planes won’t fly for 3 months: Goldman Sachs

Oil prices have come down way too fast on Omicron variant concerns, says Goldman Sachs oil strategist Damien Courvalin. In fact, the price correction is borderline comical, per Courvalin’s calculations. …

Financial watchdog cracks down on bank overdraft fees

Rohit Chopra, director of the Consumer Financial Protection Bureau. Alex Edelman/Bloomberg via Getty Images The Consumer Financial Protection Bureau is cracking down on banks charging fees for customers who overdraw…

Omicron Unravels Travel Industry’s Plans for a Comeback | Business News

By DAVID KOENIG and YURI KAGEYAMA, Associated Press Tourism businesses that were just finding their footing after nearly two years of devastation wrought by the COVID-19 pandemic are being rattled…