Bank stocks traded lower Thursday as regulators continue efforts to quell financial uncertainty. Treasury Secretary Janet Yellen called for stricter banking rules at a speech at the National Associati...
Category: Finance
Live Finance News Updates.
Financial world legend sounds alarm over ‘biggest bank that’s going down’
In the aftermath of the Silicon Valley Bank collapse, finance expert Robert Kiyosaki cautioned the central bank of a global powerhouse may be the next to belly up. “The biggest bank that’s...
China’s banking troubles not the same as Silicon Valley Bank: economist
A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. – With hindsight, there were warning signs ahead of last week’s spectacular collapse of Silicon Valley Bank, miss...
Bank of America’s Andy Sieg is joining Citi as head of global wealth
Andy Sieg, a veteran of Merrill Lynch, is parting ways with Bank of America to join Citigroup. He will be the new head of Citi Global Wealth, reporting to Jane Fraser, the bank’s CEO. Sieg will ...
Spain’s La Liga Reportedly Boasts The Highest-Paid Soccer Referees—And That Includes Mateu Lahoz
Lahoz, pictured talking to striker Álvaro Morata, is among the more well-known referees from Spain. Getty Images Spanish top-tier referees are the best paid in their field by some distance, according ...
Prosecutors Asked For Friday Surrender—But Trump Team Rejected Plan, Report Says
Topline The Manhattan district attorney’s office asked former President Donald Trump’s legal team to arrange for him to surrender Friday—one day after a grand jury voted to indict him—but Trump’s lawy...
Republicans Including DeSantis, McCarthy, Jordan And Don Jr. Rage Against Trump Indictment
Topline Republicans from Florida Gov. Ron DeSantis to House Speaker Kevin McCarthy (Calif.) rallied around former President Donald Trump following his history-making criminal indictment in Manhattan o...
Epic Expands Fortnite, Disney Axes Metaverse
The Metaverse is ready now, said Epic Games’ founder and CEO Tim Sweeney at the Game Developer’s Conference, which wrapped last week. Following a slew of announcements about a massive revenue share wi...
Why Are Catalytic Converter Thefts Exploding And Could There Be An ‘EV’ Silver Lining?
Rudy Salo explores the simultaneously unique and ubiquitous catalytics converter theft craze. Could … [+] there be an EV silver lining? getty “The bad news is your car wasn’t stolen.” Such a sta...
Dogecoin Price Prediction: Will DOGE Skip Consolidating and Rally?
Dogecoin price prediction showcases the consolidation phase of DOGE crypto over the daily time frame chart. DOGE crypto is trying to maintain itself at 20-EMA to reach 50, 100 and 200-days Daily Movin...
Kraken Signs its First F1 Sponsorship Deal With William Racing
Kraken’s 24-hour trading volume slipped 19% and was $731,014,555 at press time. The crypto exchange has an active user base of 9 million. Kraken, one of the leading cryptocurrency exchanges global...
the EV startup narrowed its revenue in Q4
Canoo Inc (NASDAQ: GOEV) is trading slightly down in extended hours even though it reported to have narrowed its loss in the fiscal fourth quarter. Canoo stock down on no revenue for the quarter The e...
AT&T Stock Dialing Up A Rebound? Key Rating Climbs
Is AT&T stock a bargain? The communications giant has roughly $120 billion annual revenue. And its stock is only 19.08 a share right now. But cheap doesn’t necessarily mean buy-worthy. The ...
A High-Risk, High-Reward EV Play
There’s no doubt, these are challenging times for Lucid Group (NASDAQ:LCID). The luxury EV maker recently announced it will layoff around 1,300 employees – around 18% of its global workforce. The cull...
Women in Wine: The Texan Torch Carriers
Women continue to raise the bar in the Texan wine scene. Vintage illustration LBortolot It’s a wrap for Women’s History Month and in recognition of women in wine, here’s part two of Texas Wine Women (...
Blizzard Reveals The Most Popular ‘Diablo 4’ Classes From The Open Beta
Diablo IV Credit: Blizzard Blizzard has revealed some key statistics about the Diablo IV open beta that just took place this past weekend. The beta was a massive success, at least in terms of player e...
Trump Indicted By Manhattan Grand Jury—Arraignment Expected Next Week
Topline A Manhattan grand jury voted Thursday to indict former President Donald Trump over an alleged hush money payment to porn star Stormy Daniels, a source with knowledge of the proceedings told Fo...
E3 Has Been Cancelled After Major Video Game Publishers Drop Out
E3 cancelled after numerous game publishers drop out. AFP via Getty Images E3 2023 has been cancelled. This year’s Electronic Entertainment Expo, slated to run from Jun 13th – 16th in Los Angele...
FDIC Chair Martin Gruenberg’s Response to Bank Failures in the US
The FDIC Chair said that the agency is planning to return $4 billion in Signature crypto deposits “by early next week.” The FDIC Chair shared the agency’s plan as they want to deal with the recent ban...
Gwyneth Paltrow Found Not Liable In Ski Crash Trial
Topline Actress and Goop founder Gwyneth Paltrow was cleared Thursday in a civil lawsuit accusing her of crashing into a doctor during a 2016 skiing accident and causing him brain damage, after a week...
Ukraine’s Ex-German Marders Are Some Of The Toughest Fighting Vehicles On The Battlefield
Marder IFVs flying Ukrainian flags. Via social media Marder infantry fighting vehicles have begun arriving in Ukraine. While pretty old, these ex-German IFVs represent an enormous improvement over the...
Buffalo Hires Villanova’s George Halcovage
CHICAGO, ILLINOIS – JANUARY 10: Head coach Kyle Neptune of the Villanova Wildcats talks with … [+] associate head coach George Halcovage against the DePaul Blue Demons at Wintrust Arena on...
Russian Center Vlad Goldin Plays Major Role In Florida Atlantic’s Surprising Final Four Run
Florida Atlantic’s Vladislav Goldin (50) cuts the net after Florida Atlantic defeated Kansas State … [+] in an Elite 8 college basketball game in the NCAA Tournament’s East Region fi...
Sound Mind Music Fest For Mental Health Sets Lineup
Sam Beam of Iron & Wine performs at The Bomhard Theater in Louisville, Ky., in March 2022 Getty Images Iron & Wine, Hiss Golden Messenger, Langhorne Slim, KAMAUU and Pom Pom Squad will perform...
Branson’s Virgin Orbit Reportedly Ceases Operations For ‘Foreseeable Future’ After Failing To Secure Funding
Topline Struggling aerospace company Virgin Orbit will cease operations “for the foreseeable future” and let go of 90% of its employees, CEO Dan Hart told staff Thursday, according to CNBC, after the ...
Nikola, Canoo, Virgin Orbit, Rumble
Here are some of today’s after-hours movers: Virgin Orbit (VORB) Virgin Orbit’s stock tanked 47% post market after the satellite company told employees it would cease to operate “for the foresee...
Dow Jones Futures: Nasdaq Tops 12,000 With Inflation Report Due; Big News For Tesla
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures, with attention turning to the Federal Reserve’s favorite inflation report, the PCE price ind...
BlackBerry: Fiscal Q4 Earnings Snapshot
WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — BlackBerry Ltd. (BB) on Thursday reported a fiscal fourth-quarter loss of $495 million, after reporting a profit in the same period a year earlier. Th...
Morgan Stanley Analyst Downgrades Charles Schwab Over Cash Sorting Concerns
A Morgan Stanley analyst slashed earnings estimates for Charles Schwab because of the impact of clients moving cash to higher yielding options and uncertainty as to when this behavior might stop. With...
Tesla Stock Has Gained 57% In 2023; Could A Q1 Deliveries Beat Take It Higher?
Investors in Tesla stock are on pins and needles to see which electric-vehicle giant shows up when first-quarter delivery numbers are released in coming days. Will it be the Tesla (TSLA) that badly mi...
15 Banks With Big Exposure to Commercial Real Estate Are Managing Risks Well
Regional banks have received merciless scrutiny since the collapse of Silicon Valley Bank on March 10. Uninsured deposits and cash levels have been weighed—and where they’re found wanting, bank stocks...
Pyxis Stock Is Up 170% This Week. How Much Higher Can It Go?
It’s been a good week for investors of Pyxis Oncology (NASDAQ:PYXS), to say the least. Over the past 4 sessions Pyxis shares have gained 170%, bringing the year-to-date haul to a mighty 340%. This bio...