Ripple Acquires Crypto Infrastructure Startup in Its Second 2023 Acquisition
Cryptocurrency company Ripple has announced its acquisition of Fortress Trust, a startup specializing in crypto infrastructure.…
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August Sees Unpredicted Rise in Unemployment Rate to 3.8% Despite 187,000 Increase in Payrolls
In August 2023, the U.S. experienced a significant rise in its unemployment rate, indicating a slowdown…
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Goldman Sachs Beats Earnings Estimates on Trading Revenue
Goldman Sachs reported third-quarter profits and revenues that exceeded analysts’ expectations due to robust trading revenue.…
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Cryptocurrency Market Plunges Into A Bear Market As Binance Raises $500 Million For Web3 Investments.
The world’s largest cryptocurrency exchange, Binance, has announced the launch of its own venture capital fund.…
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As The Federal Reserve Restates Its Commitment To Reducing Inflation, The S&P 500 Rises For A Third Consecutive Session
Stocks in the United States moved slightly higher on Wednesday as investors reviewed the latest minutes…
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JPMorgan Chase’s Earnings Declined 28% After Building Reserves For Bad Loans, And The Bank Suspended Share Buybacks.
JPMorgan Chase announced Thursday that its second-quarter profit slumped as it built a reserve for bad loans…
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State Street Cuts Fees on Core ETFs to Benefit Investors
Asset management giant State Street has announced reduced fees for selecting core ETFs, impacting approximately half…
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US STOCKS-S&P 500 ends down with banks mostly lower
The S&P 500 ended slightly lower on Friday, with bank and financial shares mostly lower following…
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Jim Cramer explains why Domino’s Pizza stock soared this week
On Friday, Jim Cramer of CNBC explained why Domino’s Pizza stock rose from $298 to $331…
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Cathie Wood’s New Fund Gives Small Investors Access To The VC Market For Just $500
Cathie Wood’s Ark Invest launched a new venture capital fund targeting individual investors for investments of…
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