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Updated: 2 hours 50 min ago

Powell says the Fed will not hesitate to keep raising rates until inflation comes down

Tue, 05/17/2022 - 11:58
Fed Chairman Jerome Powell said he will back interest rate increases until prices start falling back toward a healthy level.

Robinhood to let users hold their own crypto and NFTs as it reaches for growth beyond stock trading

Tue, 05/17/2022 - 11:09
Robinhood will launch a stand-alone app that lets users custody their own cryptocurrencies and NFTs, putting it squarely in competition with Coinbase. 

Stocks making the biggest moves midday: Walmart, Citigroup, Paramount and more

Tue, 05/17/2022 - 10:15
These are the stocks posting the largest moves in midday trading.

Coinbase to slow hiring amid plunge in cryptocurrencies and tech stocks

Tue, 05/17/2022 - 09:12
Coinbase told staff Tuesday it would slow hiring and reevaluate its headcount, reversing earlier plans to triple its workforce in 2022.

Mastercard launches tech that lets you pay with your face or hand in stores

Tue, 05/17/2022 - 06:45
Mastercard on Tuesday launched a program that allows retailers to offer biometric payment methods, like facial recognition and fingerprint scanning.

Investor interest in equity and crypto-focused funds picking up despite the sell-off, Tifin CEO says

Tue, 05/17/2022 - 06:12
Tifin CEO Vinay Nair discussed search trends for investors and financial advisors on "Squawk Box."

Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin's backing

Tue, 05/17/2022 - 05:53
Tether's circulating supply has slipped from about $83 billion a week ago to less than $76 billion on Tuesday.

Citigroup shares jump 5% after Warren Buffett reveals a near $3 billion stake in the struggling bank

Tue, 05/17/2022 - 05:12
A filing revealed that Buffett's Berkshire Hathaway added more than 55 million shares to build a stake worth $2.95 billion as of the end of March.

Stocks making the biggest moves in the premarket: Walmart, Home Depot, Citigroup and more

Tue, 05/17/2022 - 05:09
The stocks making the biggest moves in premarket trading include Walmart, Home Depot, Citigroup and more.

Paramount shares jump 10% after Buffett's Berkshire reveals new stake

Tue, 05/17/2022 - 05:04
Berkshire bought 68.9 million shares of Paramount to build a stake worth $2.6 billion as of the end of March, according to a regulatory filing released Monday.

22. Tala

Tue, 05/17/2022 - 03:00
Tala is a fintech company that focuses on expanding financial access to traditionally underserved communities via its digital lending app and global network.

Some factories might leave China, but in the grand scheme of things it doesn't matter much

Mon, 05/16/2022 - 17:56
Businesses have discussed moving factories out of China for years, especially since labor costs have climbed and U.S.-China trade tensions worsened.

Home affordability at 2007 bubble levels, but crash is unlikely: Blackstone's Joe Zidle

Mon, 05/16/2022 - 17:53
Blackstone's Joseph Zidle draws a striking parallel to the 2007 housing market peak. But, he lists reasons why the outcome should be different this time.

Stock futures are flat after S&P, Nasdaq start the week in the red

Mon, 05/16/2022 - 17:41
U.S. stock index futures were flat during overnight trading on Monday.

Stocks making the biggest moves after hours: United Airlines, Take-Two Interactive & more

Mon, 05/16/2022 - 14:21
Check out the companies making headlines in after-hours trading.

Stocks making the biggest moves midday: Spirit Airlines, Eli Lilly, Signature Bank and more

Mon, 05/16/2022 - 10:17
These are the stocks posting the largest moves in midday trading.

Goldman Sachs gives senior managers a new perk: 'flexible vacation’ policy

Mon, 05/16/2022 - 08:23
The perk for managing directors and partners is similar to flexible vacation policies at technology firms including Netflix and LinkedIn.

$3 billion in bitcoin was sold in a last-ditch attempt to save UST stablecoin from collapse

Mon, 05/16/2022 - 05:54
Luna Foundation Guard said it spent almost all of the bitcoin in its reserve last week in a futile attempt to save UST.

Stocks making the biggest moves in the premarket: Spirit Airlines, Carvana, Warby Parker and more

Mon, 05/16/2022 - 04:40
The stocks making the biggest moves in premarket trading include Spirit Airlines, Carvana, Warby Parker and more.

China's economic data disappoint in April as Covid controls weigh

Sun, 05/15/2022 - 19:06
China reported a drop in retail sales and industrial production in April — far worse than analysts had expected.

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