News

PSQ Holdings doubles, becoming latest stock to rip higher on news of Donald Trump Jr.'s involvement

PSQ is a microcap stock with a market capitalization of only $72 million as of Monday's close.

BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion

The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.

Banks hit credit card users with higher rates in response to regulation that may never arrive

CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.

This 'stepping stone' strategy helps parents boost their kids' credit score. Here's how it works

Adding a child as an authorized user to your credit card account can help jumpstart their credit history. But there can be risks, experts said.

‘Small caps are going to become more in favor in 2025:’ VettaFi’s research head doubles down on winning group

Small caps just had their first historic week in three years, and one ETF expert predicts the group's record highs will help drive investors back into the group.

You're 'wired' to overspend during the holidays, expert says — here's what to do about it

Consumers are hardwired to think more of short-term gratification than long-term goals.

Swiss wealth manager Lombard Odier indicted for money laundering

Lombard Odier — one of Switzerland's oldest private banks — has been indicted by Swiss prosecutors for "aggravated money laundering."

China plans to restrict exports of a critical metal. But the market isn't that worried

China dominates 80% of the global tungsten supply chain.

Why exchange-traded funds are a 'growth engine' of active management

Actively managed exchange-traded funds have captured investor money in recent years while active mutual funds have shed net assets.

Donald Trump selects Kevin Hassett to lead National Economic Council

The appointment came as Donald Trump renewed his vow to raise tariffs on imports from China, Mexico and Canada.

Fed officials see interest rate cuts ahead, but only 'gradually,' meeting minutes show

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace.

Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out

Databricks is raising at least $5 billion in cash — though it could raise as much as $8 billion — pegging its new valuation at $55 billion, sources say.
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