News

New signs of a dealmaking comeback: What it means for Goldman Sachs investors

Investors got two new reasons to be optimistic about the Club stock this week.

One-time 'SPAC King' Palihapitiya launches new blank-check vehicle with plan to 'temper' retail fervor

Palihapitiya launched American Exceptionalism Acquisition Corp. A, a $345 million SPAC that he said was more than five times oversubscribed.

Here's JPMorgan Chase's blueprint to become the world’s first fully AI-powered megabank

JPMorgan, the world's largest bank by market cap, is being "fundamentally rewired" to automate knowledge work across its operations, its data chief says.

Jennifer Garner's baby food company Once Upon a Farm files for IPO on NYSE

Jennifer Garner's baby food company Once Upon a Farm files for IPO.

Wealthfront files for IPO, joining wave of fintech firms going public in 2025

Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday.

Odds of a government shutdown rise to 70% in prediction markets

Users on Kalshi and Polymarket upped their bets on a government closure after the Labor Department said it won’t release a key jobs report in a shutdown.

Startup founder Charlie Javice to be sentenced for defrauding JPMorgan Chase

Charlie Javice, founder of college financial aid platform Frank, was arrested in 2023 on charges she defrauded JPMorgan Chase in the sale of the fintech firm.

Why an analyst downgrade of Wells Fargo does not change our conviction in the stock

Morgan Stanley analysts cut Wells Fargo to a hold-equivalent rating from a buy Monday, citing limited upside ahead for shares.

Cleveland Fed’s Hammack warns of 'challenging time' amid inflation worries

"On the inflation side right now, I continue to be worried," Cleveland Federal Reserve President Beth Hammack Hammack told CNBC's "Squawk Box Europe."

President Trump posts cartoon image depicting him firing Fed Chief Powell

Trump has repeatedly criticized Powell for his cautious approach to cutting interest rates, nicknaming him "Too Late Powell."

'Spectacular' AI growth is creating a serious labor market problem for Fed, Jefferies' David Zervos warns

Long-time market bull David Zervos is worried the Federal Reserve is dangerously ignoring the artificial intelligence boom's fallout.

Not just for the ultra-wealthy: Two firms team up to create more access to private credit boom

Simplify Asset Management and VettaFi launched the actively managed Simplify VettaFi Private Credit Strategy ETF (PCR) on Wednesday.
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