Reported Earlier, 'US Fed plans to raise bank oversight thresholds, sources say' - Reuters Exclusive

Bank of America Bets $150 Million on America’s Workforce

Bank of America (NYSE: BAC) is adding 1,000 apprentices and investing $150M in jobs. Read the full update.

Prediction: Micron Stock Will Double Within 2 Years

Micron Technology has tripled this year amid strong AI data center demand for memory chips. Analysts project 247% revenue growth and 787% EPS growth for fiscal 2026. The article argues Micron could double or even triple within two years due to persistent memory shortages through 2028-2031, surging demand for high-bandwidth memory (HBM) in AI accelerators, and the company's attractive 6.7x forward earnings valuation.

Shares of financial companies are trading lower. The sector may be under pressure as traders rotate into the tech space after recent e-commerce and payments partnerships with Meta's Muse AI agent threaten to disrupt traditional financial companies.

Federal Reserve Board Seeks Public Comment On Proposals For Stablecoin Rules Under GENIUS Act, Requiring Full Reserve Backing And Capital Standards For Supervised Issuers

https://www.federalreserve.gov/newsevents/pressreleases/bcreg20260924a.htm

What Does the Fed Rate Hike Mean for JPMorgan's Banking Business?

The Federal Reserve's 25 basis point rate hike to 3.75-4.00% is expected to provide modest benefits to JPMorgan's net interest income through higher loan yields, supported by 10% average loan growth and 7% deposit growth in Q2. However, gains may be limited by increased deposit costs, softer loan demand, and rising credit costs. Peers Bank of America and Citigroup are similarly positioned to benefit, though facing comparable headwinds.

Goldman, Morgan Stanley Ride $17.2B China Tech Boom as AI Truce Odds Sit at 10%

As Wall Street plays both sides in the U.S.-China AI competition, Polymarket traders doubt any slowdown in AI development.