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Investors Are Bailing on Cathie Wood's ARK Fund
Finances

Investors Are Bailing on Cathie Wood's ARK Fund

Once the largest actively managed ETF, the fund has shrunk to roughly $9 billion. Source link

Binance Lays Off Over 1,000 Employees
Finances

Binance Lays Off Over 1,000 Employees

The giant crypto exchange, is cutting a big chunk of its workforce as it grapples with federal investigations and regulatory crackdowns in the U.S. and

Robinhood’s New Retirement Accounts Put a New Spin on ‘You Only Live Once’
Finances

Robinhood’s New Retirement Accounts Put a New Spin on ‘You Only Live Once’

The phrase “you only live once” is usually taken to mean that life is short, so have fun and take big risks. But if you

FTX Sues Over European Unit Deal, Seeking to Recover $323 Million
Business

FTX Sues Over European Unit Deal, Seeking to Recover $323 Million

FTX filed a lawsuit on Wednesday against former managers of a Swiss business the bankrupt cryptocurrency exchange had acquired, looking to claw back at least

BofA Securities reiterates Buy rating on IBM ahead of Q2
Stock Market

BofA Securities reiterates Buy rating on IBM ahead of Q2 By Investing.com

© Reuters. BofA Securities reiterates Buy rating on IBM ahead of Q2 BofA Securities reiterated its Buy rating and $152.00 price target on IBM (NYSE:)

The Key Number to Watch in U.S. Bank Earnings
Finances

The Key Number to Watch in U.S. Bank Earnings

Listen to article (2 minutes) No major bank has collapsed since First Republic Bank at the beginning of May. But that doesn’t mean fears about

Court approves $6.5M settlement in action lawsuit against FXCM Inc
Finances

ESMA warns of risks arising from securities lending to retail investors

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published a Statement on securities lending to retail clients. Certain

Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports
Business

Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports

Anti-money-laundering rules require broker-dealers to report to regulators on transactions over $5,000, but Merrill’s parent used a $25,000 threshold since their tie-up. Source link

Historic Rate Increases Leave Some on Wall Street Wanting More
Finances

Historic Rate Increases Leave Some on Wall Street Wanting More

Are financial conditions as tight as they appear? Many investors think not. Source link

Bitcoin, Coinbase Are Soaring Despite Obstacles Facing Spot Bitcoin ETFs
Finances

Bitcoin, Coinbase Are Soaring Despite Obstacles Facing Spot Bitcoin ETFs

Analysts warn that steps to limit market manipulation might not clear the Securities and Exchange Commission’s bar. Source link