CEO Increases Holdings, Buys 21,000 Shares of Financial Stock Valued at $1.0 Million
Michael P. Lyons, President & CEO of Truist Financial Corporation (NYSE:TFC), executed a direct purchase of 21,000 shares of common stock on Sept. 17, 2026, according to an SEC Form 4 filing.
Transaction summary
Transaction value based on SEC Form 4 weighted average purchase price ($48.36);
Behind the curtain, the US economy looks shakier than many realize
- Key insight: Looking past the headline numbers, there are reasons to be concerned about the condition of the U.S. economy. Particularly troubling is the fact that large numbers of Americans live financially precarious lives.
- Supporting data: Research from the Ludwig Institute for Shared Economic Prosperity suggests that the bottom 60% of Americans,
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Read MoreFederal Reserve official says fighting inflation likely to be ‘painful’
WASHINGTON (AP) — A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat stubbornly high inflation.
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, said in a speech in London that the Fed is facing a series of persistent supply shocks that have driven up inflation,
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Read MoreFederal Reserve’s Goolsbee warns of need for aggressive rate action as inflation sticks at 3.7%
Chicago Fed President Austan Goolsbee isn’t sugarcoating things. Speaking at the Official Monetary and Financial Institutions Forum in London on September 21, he laid out a case that the Federal Reserve may need to get significantly more aggressive on interest rates to wrestle inflation back toward its 2% target.
With US inflation sitting at 3.7% as of July 2026,
Read MoreCoinbase users can now borrow USDC against bitcoin at a fixed rate
Nasdaq-listed exchange Coinbase · now allows its users to borrow dollar-pegged stablecoin USDC agains their bitcoin
holdings with no surprises on what they’ll pay in interest.
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Read MoreThe Burst
72 Year Old American Diner with 40% Upside?
While the world focuses on AI, the leaders over at Denny’s are snapping up shares as part of a buyback scheme. The move is perplexing at first glance with sales decidedly flat for some time and no obvious catalyst to spark growth on the top line near-term.
So, what exactly are the Board of Directors and management seeing in the numbers that makes the restaurant chain worthy of investing in?
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Read MoreThe Ivy
1 Monthly Dividend Stock To Never Stop Adding?
There’s something powerful, almost addictive, about waking up to income you didn’t have to actively work for. Passive income gives you more bang for your investment buck up front, and if you’ve chosen wisely, income producers raise their payouts over time, feeding a cycle of reinvestment and compounding that accelerates your path to financial independence.
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Read MoreThe Spotlight
1 Top Healthcare Firm Set To Pop
UnitedHealth Group, with a market capitalization of around $454 billion, is the largest health insurer in the United States, serving nearly 50 million Americans.
It benefits from unparalleled market presence and scale that grants it significant bargaining power, which in turn ensures lower costs and higher margins compared to its competitors.
Over the past decade,