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Elite Financial Group

Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges

by Elite Financial Group | May 15, 2025 | Financial Services

Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.Read More…

EToro IPO filing cites Israel-Hamas conflict as potential business risk

by Elite Financial Group | May 15, 2025 | Financial Services

The Israel-Hamas conflict and geopolitical tensions in the region could hurt eToro’s operations, the company said in the risk factors of its IPO filing.Read More…

Key AI hub China restricts schoolchildren’s use of the tech

by Elite Financial Group | May 15, 2025 | Financial Services

China is restricting how much children can use generative artificial intelligence in schools, according to a local release citing the Ministry of Education.Read More…

Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old

by Elite Financial Group | May 14, 2025 | Financial Services

“I didn’t really start getting old … until I was about 90,” Buffett said. “But when you start getting old, it does become—it’s irreversible.”Read More…

New York AG sues Capital One after Trump-led CFPB drops similar case

by Elite Financial Group | May 14, 2025 | Financial Services

New York Attorney General Letitia James sued Capital One, accusing it of “cheating” customers out of millions of dollars, after the CFPB dropped a similar suit.Read More…

Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range

by Elite Financial Group | May 14, 2025 | Financial Services

EToro raised almost $310 million in its initial public offering late Tuesday, selling shares above its expected range.Read More…
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