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Business Banking Featured Finance

Capital One reports higher profit as interest income, fees rise

Capital One Financial reported a rise in second-quarter adjusted profit on Tuesday, as the consumer lender was helped by a boost in interest income on its credit card debt and higher fee income. Shares of the company, which have gained nearly 22% in 2025, rose 2.5% after the bell. Consumer spending displayed underlying resilience in […]

Technology Banking Featured Finance

Coinbase shares jump on addition to S&P 500 index in watershed for crypto market

Coinbase Global’s shares jumped nearly 15% on Tuesday after the cryptocurrency exchange became the first digital asset player to be included in the benchmark S&P 500 index. It will replace credit card issuer Discover Financial , which is being acquired by Capital One. The move will be effective before trading begins on May 19. The move […]