Just another WordPress site
The largest US banks said they would increase payouts to shareholders after the Federal Reserve said the banks are able to keep lending in a severe hypothetical recession. Four of …
Goldman Sachs and Wells Fargo Boost Shareholder Payouts Read More
Robinhood Markets struggled to handle huge volumes of stock trading and sparred with its principal customer, market maker Citadel Securities, during the week in January 2021 when meme stocks exploded, …
Employees Scrambled to Keep Robinhood Afloat in January 2021 Meme-Stock Frenzy, House Report Finds Read More
Billionaire Crypto Sam Bankman-Fried has become a lender of last resort to his beleaguered industry. He may end up owning large chunks of it as well. Mr. Bankman-Fried’s crypto exchange, …
Crypto Exchange FTX in Talks to Acquire Stake in BlockFi Read More
US stock futures fell, oil prices dropped and bond yields ticked lower after major indices rallied to start the trading week, with recent volatility in markets showing few signs of …
Stock Futures, Oil Drop After Rally Read More
US stock markets are closed to observe Juneteenth for the first time in history. The New York Stock Exchange and Nasdaq are shut today in observation of the newest federal …
Is the Stock Market Closed on Juneteenth? Read More
Another week of whipsaw stock trading has many investors wondering how much farther markets will fall. Investors have often blamed the Federal Reserve for market routs. It turns out the …
Stocks Historically Don’t Bottom Out Until the Fed Eases Read More
Crypto dominated the largest stage in the world with a series of ads during Super Bowl LVI. Now those companies are in the spotlight again as their industry falters. Four …
The Crypto Firms That Bought Those Super Bowl Ads Aren’t So Super Anymore Read More
The price of bitcoin has fallen below the key psychological level of $ 20,000 as a brutal selloff in cryptocurrencies deepened. Bitcoin momentarily fell to $ 18,739.50 and stayed below …
Bitcoin’s Price Falls Below $ 20,000 Read More
Further waves of reckoning swept through the cryptocurrency industry Tuesday, with exchange company Coinbase Global Inc. saying it would cut almost a fifth of its staff and crypto lender Celsius …
Coinbase to Lay Off 18% of Staff Amid Crypto Meltdown Read More
The price of bitcoin continued to fall Tuesday as the crypto industry struggles with fallout from the extended selloff. Bitcoin traded as low as $ 20,834 earlier on Tuesday, according …
Bitcoin Price Dips Below $ 21,000 as Crypto Firms Announce Layoffs Read More