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FDSB News8 articles
Fifth Third Gains $3.6B Deposit Base as Social Security Ends Paper Checks
Fifth Third Bancorp takes over the Direct Express program, adding $3.6 billion in low-cost deposits from Social Security recipients, as paper checks are phased out.
Fifth Third Bancorp Makes Historic NYSE Debut After Nasdaq Exit
Fifth Third Bancorp shares started trading on NYSE on June 12, completing the biggest bank transfer in exchange history. The stock rose 1.35% to $54.14.
Ford Shares Slide for Fifth Session as EV Sales Plunge and Rate Fears Mount
Ford shares slid for a fifth consecutive session, closing at $14.90, after May U.S. sales dropped 13.6% and EV sales plunged 43.9%. Traders are balancing Ford Energy's growth story against weak demand, recalls, and rate hike fears.
Dollar Strengthens for Fifth Day, Gold Falls as Yields Surge
Dollar rises for fifth day, gold hits one-week low, Nasdaq breaks six-week win streak as 10-year yield climbs to 4.58%.
Altria Slips for Fifth Day as Nicotine Pouch Competition Intensifies
Altria shares fell 1.3% to $68.12, extending a five-session losing streak despite a Q1 earnings beat. Rising competition in the nicotine pouch market and declining cigarette volumes weigh on the stock ahead of its May 14 annual meeting.
Dow Drops for Fifth Straight Session as Oil Surge, Fed Decision Loom
The Dow Jones Industrial Average fell 320 points as traders braced for the Fed's rate decision, big tech earnings, and an oil shock from a potential Iran blockade.
Nokia Secures Fifth Consecutive Leadership Spot in Data Center Switching Report
Nokia has been recognized as a Leader and Outperformer in GigaOm's 2026 data center switching evaluation for the fifth straight year. The company's shares declined 1.05% in Helsinki trading ahead of its annual general meeting.
Oil Prices Hover Near $81 as Hormuz Blockade Enters Fifth Day
Oil prices pared early gains Wednesday, with Brent crude trading near $81 a barrel as a prolonged blockade of the Strait of Hormuz continues to disrupt global supplies. Iraq has cut output by 1.5 million barrels per day.