Gen Z has just discovered the premium rewards credit card, with American Express and JPMorgan Chase eager to attract them to high‑end cards. Auto insurance premiums continue to fall, pleasing inflation watchers but not shareholders.

Investment firm General Atlantic is eyeing another IPO, managing $130 billion and having filed to go public in 2023. Bank of America CEO Brian Moynihan frequently mixes rare words into analyst calls, while Goldman Sachs expects the Fed to keep rates steady.

Jane Street suffered a loss of $15 billion after bets at a hedge fund soured. Trump Family’s World Liberty Financial received preliminary approval to launch a trust bank, and PayPal is in talks to sell itself to Stripe and private‑equity firm Advent. JPMorgan severed ties with Polymarket over regulatory concerns.

Berkshire Hathaway ülked a boost in Alphabet and Delta stakes; Marubeni favors a stronger yen to support a $12 billion investment plan. Aviva posted strong first‑half profit growth, and new AI futures contracts allow investors to hedge chip‑rental costs.