Finance

In this article ADSK Follow your favorite stocksCREATE FREE ACCOUNT Jeffrey Smith, CEO and chief investment officer at Starboard Value LP. David Paul Morris | Bloomberg | Getty Images Starboard Value, the activist fund run by Jeff Smith, has taken a sizable stake in graphics-design firm Autodesk and has spoken with the company’s board in recent weeks over

In this article Follow your favorite stocksCREATE FREE ACCOUNT Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified approach than simply looking at index funds such as the S&P 500. He thinks his firm’s exchange-traded fund strategy can

In this article GME Follow your favorite stocksCREATE FREE ACCOUNT Merchandise lines the shelves of a GameStop store on May 28, 2024 in Miami, Florida.  Michael Nagle | Bloomberg | Getty Images GameStop raised more than $2 billion in a recent stock sale as the video game company took advantage of a revived meme rally

The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before the end of the year. With markets hoping for a more accommodative central bank, Federal Open Market Committee policymakers following their two-day meeting took two rate reductions off the table from the three indicated in

Miragec | Moment | Getty Images A startup that uses technology to stop employees from abusing corporate expenses just raised 8 million euros ($8.6 million) of funding from investors, defying a slump in investment for the financial technology industry. CleverCards, a Dublin-based firm, uses a digital platform linked to configurable expense cards to give companies

Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the bank’s William McChesney Martin building on May 01, 2024 in Washington, DC.  Chip Somodevilla | Getty Images The Federal Reserve on Wednesday projected only one rate cut for the remainder of 2024, down from its March

In this article GME Follow your favorite stocksCREATE FREE ACCOUNT A holding page for Keith Gill, a Reddit user credited with inspiring GameStop’s rally, before a YouTube livestream arranged on a laptop at the New York Stock Exchange on June 7, 2024. Michael Nagle | Bloomberg | Getty Images A sell-off in GameStop shares intensified

Long gone are the days when venture capital was flowing into fintech startups with bold ideas — and little to show in terms of business metrics and fundamentals. Bloomberg | Getty Images AMSTERDAM — The financial technology industry is embracing a new normal — with some industry executives and investors believing the sector has reached

In this article GM Follow your favorite stocksCREATE FREE ACCOUNT The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds by claiming

In this article GME Follow your favorite stocksCREATE FREE ACCOUNT Keith Gill, a Reddit user credited with inspiring GameStop’s rally, during a YouTube livestream arranged on a laptop at the New York Stock Exchange on June 7, 2024. Michael Nagle | Bloomberg | Getty Images As Roaring Kitty continues to watch his favorite GameStop shares

Halfpoint Images | Moment | Getty Images The federal government has issued more than $1 billion in tax credits as an upfront cash incentive to buyers of electric vehicles, the U.S. Treasury Department and Internal Revenue Service said Wednesday. The Inflation Reduction Act created a mechanism whereby tax credits for buyers of new and used

In this article AAPL AFRM Follow your favorite stocksCREATE FREE ACCOUNT Chris Ratcliffe | Bloomberg | Getty Images Apple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the companies said Tuesday. Affirm will surface as an option for U.S. Apple Pay users on iPhones and

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters When is the next stock market crash taking place? It’s a question I get asked often since I wrote “A History of the United States in Five Crashes – Stock Market Meldowns That Defined a Nation.” Until now, I’ve always

Cultura Rm Exclusive/twinpix | Image Source | Getty Images Home equity is near all-time highs. But tapping it may be tough due to high interest rates, according to financial advisors. Total home equity for U.S. mortgage holders rose to more than $17 trillion in the first quarter of 2024, just shy of the record set

In this article GME Follow your favorite stocksCREATE FREE ACCOUNT Keith Gill, a Reddit user credited with inspiring GameStop’s rally, during a YouTube livestream arranged on a laptop at the New York Stock Exchange (NYSE) in New York, US, on Friday, June 7, 2024. Michael Nagle | Bloomberg | Getty Images GameStop shares fell more than

In this article FRGE HNI Follow your favorite stocksCREATE FREE ACCOUNT An alternative trading platform CEO wants to revolutionize private equity investing to help mitigate a stalling initial public offering market. So, Forge Global’s Kelly Rodriques partnered with Accuidity to launch the Forge Accuidity Private Market Index this spring. The ultimate goal: Give more investors

Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Shares of GameStop shot to session highs Thursday after meme stock leader Roaring Kitty scheduled a livestream on Youtube, which would be his first one in almost four years. Roaring Kitty, whose real name is Keith Gill, set the time for his live chat at

Alibaba.com is a platform run by the Chinese e-commerce company of the same name that focuses on overseas business customers. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe. Alibaba.com — the

Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Aug. 3, 2021. Al Drago | Bloomberg | Getty Images There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors

The Credit Suisse Group AG headquarters in Zurich, Switzerland, on Thursday, Aug. 31, 2023. Bloomberg | Bloomberg | Getty Images A group of Credit Suisse bondholders filed a lawsuit against the Swiss government, seeking full compensation over the contentious decision to write down the failed bank’s Additional Tier 1 (AT1) debt. As part of Credit