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 »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 »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 »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 »Central Bank of Japan launches one-year digital currency test
File photo of a woman walking past a trading board displaying the closing numbers for the stock price of the Tokyo Stock Exchange in Tokyo.Photo: Kazuhiro Nogi / AFP (fake images) The …
Read More »Here’s why investors should be looking at old-tech stalwarts right now, says this money manager
Excitement for bullish employment data appears to have faded a bit, with equity futures falling and investors looking for the next catalyst to drive this market higher. And in tune with what …
Read More »At what age should you stop saving for retirement?
It is that time of year. My accountant sent my husband and me a note yesterday asking us how much we planned to contribute to our retirement accounts for 2020. Obviously, that …
Read More »The IRS wants to know everything about your Bitcoin holdings, and this subpoena is a reminder
The IRS wants Circle, a Boston-based fintech company that enables trading of various types of cryptocurrencies, to produce account registration information, account activity records, and other materials for clients who had at …
Read More »US Stock Futures Soar After Strong Employment Report
US stock futures soared Sunday night, rising after Friday’s encouraging employment report. Dow Jones YM00 Industrial Average Futures, + 0.64% were up more than 200 points Sunday night, or 0.6%, while S&P …
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