Today: 8 July 2026

Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

New York, Jan 23, 2026, 19:56 — Trading after hours. Bank of America shares dropped 1.4% to $51.72 on Friday, sliding alongside a broad selloff in U.S. bank stocks that outpaced the overall market. JPMorgan Chase slid close to 2%, with Wells Fargo and Citigroup each down over 1%, as bank ETFs absorbed much of the pressure.
24 January 2026
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Virgin Media pension ruling fallout: UK FRC issues new actuary guidance as “section 37” fix nears

Virgin Media pension ruling fallout: UK FRC issues new actuary guidance as “section 37” fix nears

Britain’s Financial Reporting Council has issued new guidance for pension scheme actuaries handling historic rule changes following the Virgin Media case. This comes as the government moves to introduce legislation allowing schemes to validate older amendments. The ruling is significant because it revealed that some “contracted-out” defined benefit schemes—workplace plans that replaced part of the state pension and promise benefits based on pay and service—could be declared void if they lack the required written actuarial sign-off from that period. According to the FRC’s technical guidance, this missing evidence might expose schemes to higher liabilities than anticipated.
24 January 2026
BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

Shares of Brand Engagement Network jumped roughly 90% on Friday after the AI firm announced a licensing and investment deal with Valio Technologies. The partnership aims to expand its platform throughout Africa. https://www.benzinga.com/trading-ideas/movers/26/01/50111905/brand-engagement-network-bnai-stock-explodes-on-2-million-valio-technologies-deal The shift is significant as Brand Engagement Network aims to generate near-term licensing revenue from its technology while retaining upside via an equity stake and a share of future sales, instead of developing a full-scale operation on its own.
24 January 2026
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Stock Market Today

  • Dollar Climbs to Weekly High After New U.S. Strikes on Iran; Oil Jumps
    July 7, 2026, 11:21 PM EDT. The U.S. dollar climbed to its strongest mark since July 2 after the U.S. resumed strikes on Iran and pulled back oil export licenses, raising geopolitical worries. The dollar index hit 101.18 as traders bought safe-haven assets. Brent crude jumped 2.6% to $76.12 a barrel. The New Zealand dollar inched up ahead of a likely rate hike by the Reserve Bank of New Zealand. The yen slid after Bank of Japan officials again signaled no rush to raise rates. Both the euro and the pound fell. Bitcoin and ether slipped too. Some analysts flagged heightened anxiety over inflation and market risks tied to the situation around the Strait of Hormuz.
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