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GOP Scuttles Trump Plan to Extend Obamacare Subsidies
President Donald Trump appeared ready to propose a policy framework to address health care costs that included extending subsidies under the Affordable Care Act set to expire at the end of December.

By The Financial District
3 days ago1 min read


White House Okays Fast Debt Relief
The Trump administration has reached a new agreement with the American Federation of Teachers (AFT) that could unlock long-awaited student loan relief for millions of borrowers.

By The Financial District
3 days ago1 min read


PNB and PMFTC Inc. Push Cashless Payments with QR PH-Powered Collection
Philippine National Bank (PSE: PNB) and PMFTC Inc. have officially signed a partnership agreement that will bring cashless payment technology to the frontlines of PMFTC’s sales operations nationwide.

By The Financial District
Nov 211 min read


Ex-Fed Gov Quit After She Violated Trading Rules
Former Federal Reserve Governor Adriana Kugler, whose abrupt resignation allowed President Donald Trump to install an ally at the US central bank, violated Fed ethics rules and was subject to an internal probe when she stepped down in August.

By The Financial District
Nov 201 min read


Canada Expands Aid to Manila Despite Governance Scandals
Even as the Philippines continues to address governance lapses, including the lingering “ghost flood control” controversy, Canada has chosen a markedly different posture – partnership, confidence, and long-term engagement.

By The Financial District
Nov 193 min read


PNB to Float ₱3-B Sustainability Bonds
Philippine National Bank (PNB) is set to offer at least ₱3 billion in peso-denominated, dual-tranche, fixed-rate sustainability bonds with tenors of three and five years, with an option to upsize the issuance.

By The Financial District
Nov 172 min read


Trump Aides Slam Pulte Over 50-Year Home Mortgage Plan
White House officials are furious with Bill Pulte, the Federal Housing Finance Agency director, who persuaded the president to suggest a 50-year mortgage plan.

By The Financial District
Nov 172 min read


Putin Okays Citi’s Russia Exit as Bank Reorganizes Worldwide
Russian President Vladimir Putin signed an order permitting Citigroup to sell its Russia-based division to emerging markets investment bank Renaissance Capital.

By The Financial District
Nov 131 min read


SoFi Rolls Out Crypto Trading for Retail Customers
Fintech bank SoFi rolled out crypto trading to retail customers on Tuesday, setting the pace as the first of several national banks planning similar moves in the coming months.

By The Financial District
Nov 131 min read


Trump Administration Bans Direct File Option for Taxpayers in 2026
Just after the Internal Revenue Service (IRS) had expanded its free online tax filing program to more taxpayers, the Trump administration appears to have axed the popular Direct File option for the 2026 filing season.

By The Financial District
Nov 111 min read


Norway’s Mega Wealth Fund Dumps Elon Musk’s $1-Trillion Tesla Pay Package
Norges Bank Investment Management (NBIM) said that it had already cast its vote against Elon Musk’s proposed remuneration package as CEO of Tesla.

By The Financial District
Nov 91 min read


USDA Threatens Stores Giving Discounts to People on Food Stamps
The Trump administration’s freeze on Supplemental Nutrition Assistance Program (SNAP) funds during the government shutdown is forcing struggling Americans to make hard decisions about feeding themselves and their families.

By The Financial District
Nov 62 min read


Trump Is the Only President to Defund SNAP in 61 Years: Columbus Dispatch
The nation is preparing for the impact of Supplemental Nutrition Assistance Program (SNAP) payments lapsing on Nov. 1 as the federal government shutdown enters its second month.

By The Financial District
Nov 51 min read


Obamacare Premiums Double, Pushing Millions Out of Health Insurance
Americans shopping for 2026 Obamacare health insurance plans are facing, on average, more than a doubling of monthly premiums and are likely to postpone signing up in the hope of a last-minute reprieve — or walk away altogether.

By The Financial District
Nov 31 min read


PNB and PAL Renew Co-Brand Partnership to Bring More Value to Filipinos
Philippine National Bank (PNB), a subsidiary of LT Group, Inc., and Philippine Airlines (PAL), the country’s flag carrier and a subsidiary of PAL Holdings, Inc., have renewed their co-brand partnership.

By The Financial District
Nov 32 min read


Huntington Bancshares Buying Cadence Bank for $7.4 Billion
Huntington Bancshares is buying regional lender Cadence Bank in an all-stock deal valued at $7.4 billion.

By The Financial District
Nov 21 min read


Private Donors Gave More Than $125 Million to Back Aid Programs Cut by Trump
When the Trump administration froze foreign assistance overnight, urgent efforts began to determine how to continue critical aid programs that could be funded by private donors.

By The Financial District
Nov 22 min read


RCBC Posts ₱8.2B Income, Up 32%
Rizal Commercial Banking Corporation (RCBC) reported an unaudited consolidated net income of ₱8.2 billion for the first nine months of 2025, a 32 percent increase from the same period last year.

By The Financial District
Oct 292 min read


JPMorgan to Allow Bitcoin and Ether as Collateral
JPMorgan Chase & Co. plans to allow institutional clients to use their holdings of Bitcoin and Ether as collateral for loans by the end of the year — a significant deepening of Wall Street’s integration of digital assets.

By The Financial District
Oct 281 min read


Lloyds Reports Profit Down 36%
Lloyds Banking Group said its third-quarter profit fell 36% and that it downgraded its performance guidance for the year, hurt by a previously announced £800 million charge to compensate customers affected by the motor-finance mis-selling scandal.

By The Financial District
Oct 282 min read


JPMorgan Chase Unveils New 60-Story New York HQ
JPMorgan Chase has unveiled its new 60-story headquarters to the public — one of the first major office buildings to be constructed after the COVID-19 pandemic and one that will reshape the New York City skyline for decades.

By The Financial District
Oct 281 min read


BOE Chief Says U.S. Firm Collapses Ring "Alarm Bells"
The collapse of two U.S. companies could be a sign of wider problems in the financial system, and “alarm bells” are ringing.

By The Financial District
Oct 271 min read


PNB 9-Month Income Grows 23%
Philippine National Bank (PSE: PNB) reported a consolidated net income of ₱18.5 billion for the first nine months of 2025, higher by 23% compared with the same period last year.

By The Financial District
Oct 272 min read


Goldman Buys Industry Ventures for $965 Million
Goldman Sachs Group Inc. agreed to buy venture capital investor Industry Ventures in a deal that expands the Wall Street bank’s reach into the American startup ecosystem.

By The Financial District
Oct 261 min read
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