JetBlue recaptures nearly half of fuel cost surge, but posts bigger loss

Key insight: The ring coached recruits to keep debit cards off Apple Pay and unlinked from Cash App because those actions “can cause alerts to [a] bank.” Supporting data: The ring deposited about $50,000 a week in fraudulent checks and obtained roughly $10,000 of it before banks caught on, according to the plea agreement. Forward…

The ETF landscape continues to grow in leaps and bounds, with active ETFs playing an increasingly bigger role. Goldman Sachs is helping drive this evolution by leveraging its deep research and quantitative capabilities to innovate within the space. Leaders from Goldman Sachs Asset Management recently joined a VettaFi webinar to showcase this approach with their…

Nium has acquired Cypher to further develop Nium as the core infrastructure layer for compliant money movement and value exchange that bridges fiat and digital assets. The acquisition brings together Nium’s cross-border payments infrastructure and Cypher’s crypto-native non-custodial wallet and issuing capabilities, Nium said in a Wednesday (July 8) press release. The combination will help…

That distinction matters more now than it has in years. Regulatory changes are widening registration pathways for tens of thousands of mutual fund advisors, and a wave of senior advisors is approaching retirement without a clear succession plan in place. The combination is creating what Kulkarni calls “one of the more active windows for advisor…