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: NYC banking commission votes to halt city deposits at Capital One, KeyBank

MarketWatch

New York City’s banking commission voted to freeze deposits at Capital One Financial Corp. All three members of the banking commission — which include the comptroller, mayor and finance commissioner — voted to take the action against Capital One and KeyCorp, which respectively held $7.2

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#FA Success Ep 332: Transitioning From (A Father’s) Commissions-Based Practice To Fee-Based Planning As A G2 Advisor, With Liz Hand

Nerd's Eye View

Liz is the co-owner of Pleasant Wealth, a hybrid advisory firm based in Canton, Ohio that oversees $146 million in assets under management for 522 client households.

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: U.S. economy will escape recession, new European Commission forecast says

MarketWatch

economy will avoid recession this year and next, according to the latest European Commission forecast. The forecast is for the U.S. economy to grow 1.4% in 2023 and 1% in 2024, against its previous estimate that the U.S. will grow 0.7% in 2023 and 1.7% this year and by 1.6%

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: Curaleaf wins renewal for NJ licenses after emergency meeting of state’s cannabis regulatory commission

MarketWatch

after New Jersey Cannabis Regulatory Commission on Monday approved a renewal of the Massachusetts-based company’s cultivation and retail licenses for adult-use in the Garden State, in a reversal of a decision last week, according to spokespeople for the commission and Curaleaf. CURLFCA:CURA stock is up 4.2%

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Amazon to change marketplace policies in European Commission settlement

MarketWatch

The European Commission said Amazon.com has agreed to change marketplace policies, in an agreement that concludes two investigations into its practices. Amazon's compliance with all the aspects of the package will be ensured by both a complaint mechanism and a monitoring trustee, the European Commission said. No fine was announced.

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: European Commission approves Google’s acquisition of mathematics app

MarketWatch

In a statement, the EU Commission said the acquisition would not reduce competition in the markets for “online homework and study help tools that include maths as a subject offering and general search services.” European regulators on Tuesday gave the nod to Alphabet Inc.’s Google entered an agreement to buy Photomath in May.

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Kroger gets second request for Albertson's merger info from Federal Trade Commission

MarketWatch

said Tuesday it received a second request for information from the Federal Trade Commission as part of the regulatory review process for its merger with Albertsons Companies Inc. , but it continues to expect to complete the deal by early 2024. "We