Citigroup Inc. is shutting down most of its consumer banking operations in Asia, Europe and the Middle East, the latest sign that the original financial supermarket is rethinking how to do business. …
Read More »Stock futures rise after S&P 500 hits record high
US stock futures rose on Thursday, pointing to another record trading session after the opening bell, as investors awaited comments from Federal Reserve Chairman Jerome Powell. Futures linked to the S&P 500 …
Read More »Cathie Wood Extends Her Hot Streak With ARK Space Exploration ETF
Cathie Wood’s New ARK Space Exploration & Innovation ETF ARKX -1.04% It is already on its way to being one of the most successful fund launches in history despite criticism that it …
Read More »Why a Stocks Pullback Could Be Fast Approaching, According to Deutsche Bank
The organization that in the United States says if the economy is in recession or not seems to be asleep at work. The National Bureau of Economic Research defines a recession as …
Read More »Stock futures falter ahead of Fed minutes
US equity futures tottered Wednesday as investors waited for notes from the latest Federal Reserve policy meeting for clues on how officials view inflation and the pace of the economic recovery. Futures …
Read More »Toshiba Receives Settlement Proposal That Could Be Worth More Than $ 20 Billion
Japan’s Toshiba Corp. said on Wednesday it received an acquisition proposal from private equity firm CVC Capital Partners, in a deal that could be valued at more than $ 20 billion if …
Read More »Patreon’s valuation triples to $ 4 billion as the platform attracts creators and fans
Patreon Inc., an online platform that connects musicians and other creators with fans, was valued at $ 4 billion in its latest investment round, more than triple its value since September, as …
Read More »Biden’s great power test begins – WSJ
The US Navy announced Tuesday that the Theodore Roosevelt Carrier Strike Group entered the South China Sea for “routine operations” amid a clash by the Chinese maritime militia with the Philippines. China’s …
Read More »Coinbase earned more in the first quarter than in all of 2020
Coinbase Global Inc. profited handsomely from bitcoin’s first-quarter rally, generating more profit and revenue in the first three months of 2021 than in all of 2020. The company, which offers a variety …
Read More »Nigerian prison attack frees 1,800 inmates
ABUJA, Nigeria – More than 1,800 inmates escaped from a prison in southeastern Nigeria after it was attacked by gunmen on Monday, raising fears that a new armed insurrection is building in …
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