UBS shares rallied on the back of what analysts called a "historic" earnings report, though Deutsche Bank said the lender may remain a "construction site" for some time.
Interest accrual has been paused on student loans for more than three years. Interest resumes Sept. 1 and it has big implications for certain types of debt.
Swedish buy now, pay later firm Klarna reduced losses by roughly 67% in the first half of 2023, as it cut costs dramatically in a bid for profitability.
Big Dave's Cheesesteaks founder and CEO Derrick Hayes is now accepting franchise applications. He hopes to open 100 franchise locations by the end of 2025.
European Union regulators had in July opened an antitrust investigation into Microsoft's bundling of Teams with other Office products, citing anti-competitive concerns.
UBS on Thursday posted a second-quarter profit of $28.9 billion in its first quarterly earnings since Switzerland's largest bank completed its takeover of stricken rival Credit Suisse.