BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%
Trustly CEO Johan Tjarnberg.TrustlyThe boss of Swedish financial technology startup Trustly says an initial public offering for the company is…
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Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago
Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co. on stage at the Bitcoin 2021 Convention,…
Stock trade settlement moves to single day as GameStop mania underscores need for faster transactions
The New York Stock Exchange in New York, March 28, 2023.Victor J. Blue | Bloomberg | Getty ImagesYears of work…
This new weight loss drug ETF bets big on two of the industry’s leading players
A top exchange-traded fund provider is betting on the long-term popularity of GLP-1 weight loss drugs.Roundhill Investments’ GLP-1 & Weight…
Alibaba’s global arm signs David Beckham as international e-commerce brand ambassador
Alibaba’s international e-commerce platform AliExpress is a UEFA Euro 2024 sponsor and has signed David Beckham as its global brand…
Cash discounts, while still rare, are up over 60% from 2015. Here’s how much you can save
Ryanjlane | E+ | Getty ImagesSometimes, it pays to pay with cash. More merchants are offering a lower price to…
Here’s why you may be saving more in your 401(k) — and not even know it
Aleksandarnakic | E+ | Getty ImagesYou may be saving more money for retirement and not even know it.An increasing share…
Nvidia shares close at record high after forecast signals unwavering demand for AI chips
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March…
Norfolk Southern agrees to $310 million federal settlement over Ohio train derailment
Officials continue to conduct operation and inspect the area after the train derailment in East Palestine, Ohio, United States on…
Nvidia shares pop 10% to record high after forecast signals unwavering demand for AI chips
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March…
This ETF aims to capture China’s own ‘Magnificent Seven’
Roundhill Investments wants to mimic the success of its Magnificent Seven ETF (MAGS) in China.The firm’s CEO Dave Mazza plans…
Citi fined $79 million by British regulators over fat-finger trading and control errors
People walk by a CitiBank location in Manhattan on March 01, 2024 in New York City. Spencer Platt | Getty ImagesLONDON…
Family offices become prime targets for cyber hacks and ransomware
A computer with a “system hacked” alert due to a cyber attack on a computer network.Teera Konakan | Moment |…
Flying is cheaper in 2024. But not for some destinations
Coroimage | Moment | Getty ImagesAmericans traveling this summer have broadly seen prices fall for airline fares, a welcome trend…
No ‘cop on the beat’: Why the SEC may deny new ether ETFs this month
The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether exchange-traded funds next week.But…
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer’s latest beat on…
China consumption slows as retail sales and investment data disappoint
Pictured here is a BYD factory producing new energy-powered trucks in Huai’an, China, on February 21, 2024.Nurphoto | Nurphoto |…
China retail sales, investment data miss expectations in April
Pictured here is a BYD factory producing new energy-powered trucks in Huai’an, China, on February 21, 2024.Nurphoto | Nurphoto |…
The Dow’s road to 40,000 in one chart
Traders work on the floor at the New York Stock Exchange.Brendan McDermid | ReutersThe Dow Jones Industrial Average reached a…
China’s economy reveals pockets of softness. Here’s what to watch ahead of Friday’s data
People purchasing fruit at an agricultural trade market on May 11, 2024 in Lianyungang, Jiangsu Province of China.Vcg | Visual…
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