- Ripple Acquires Crypto Infrastructure Startup in Its Second 2023 AcquisitionCryptocurrency company Ripple has announced its acquisition of Fortress Trust, a startup specializing in crypto infrastructure. While the terms of the deal were not disclosed,...
- August Sees Unpredicted Rise in Unemployment Rate to 3.8% Despite 187,000 Increase in PayrollsIn August 2023, the U.S. experienced a significant rise in its unemployment rate, indicating a slowdown in the job market as the summer drew to...
- Goldman Sachs Beats Earnings Estimates on Trading RevenueGoldman Sachs reported third-quarter profits and revenues that exceeded analysts' expectations due to robust trading revenue. While the bank's shares fell over 1% and are...
- 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. Earlier this week, Binance Labs, the company's venture arm,...
- As The Federal Reserve Restates Its Commitment To Reducing Inflation, The S&P 500 Rises For A Third Consecutive SessionStocks in the United States moved slightly higher on Wednesday as investors reviewed the latest minutes from the Federal Reserve. The Dow Jones Industrial Average...
- 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 of $428 million and suspended share buybacks. Chairman and...
- State Street Cuts Fees on Core ETFs to Benefit InvestorsAsset management giant State Street has announced reduced fees for selecting core ETFs, impacting approximately half of the SPDR Portfolio ETF suite. The affected funds...
- US STOCKS-S&P 500 ends down with banks mostly lowerThe S&P 500 ended slightly lower on Friday, with bank and financial shares mostly lower following quarterly reports that kicked off earnings season, but all...
- Jim Cramer explains why Domino’s Pizza stock soared this weekOn Friday, Jim Cramer of CNBC explained why Domino's Pizza stock rose from $298 to $331 this week, with a 6.5% gain on Thursday alone....
- Cathie Wood’s New Fund Gives Small Investors Access To The VC Market For Just $500Cathie Wood's Ark Invest launched a new venture capital fund targeting individual investors for investments of only $500. The Ark Venture Fund is actively managed...