News

Wall Street ponders what happens to booming private credit market when you-know-what hits the fan

The CEO of one of the largest private-credit firms defended the industry and how it will act in times of stress.

Norfolk Southern agrees to $310 million federal settlement over Ohio train derailment

The company will pay a $15 million fine for alleged violations of the Clean Water Act as part of the federal settlement.

Nvidia shares pop 10% to record high after forecast signals unwavering demand for AI chips

Nvidia shares jumped Thursday to record highs after the company topped Wall Street estimates for the fiscal first quarter.

This ETF aims to capture China's own 'Magnificent Seven'

Roundhill Investments' Lucky Eight ETF aims to track China’s most innovative names in tech.

These are the 3 big risks to the stock market, economist says

Federal Reserve policy, a surprise recession and disappointing future earnings for companies such as Nvidia could rein in the stock euphoria, one analyst said.

Federal Reserve minutes indicate worries over lack of progress on inflation

The Federal Reserve on Wednesday released minutes from its April 30-May 1 policy meeting.

Fintech nightmare: 'I have nearly $38,000 tied up' after Synapse bankruptcy

Synapse is as a middle-man between customer-facing fintech brands and FDIC-backed banks, but it's had disagreements about how much in customer balances it owed.

CFPB says buy now, pay later firms must comply with U.S. credit card laws

The buy now, pay later market is dominated by fintech firms like Affirm, Klarna and PayPal.

DocuSign chief says company wants to stay public after reports of private equity takeover interest

DocuSign CEO Allan Thygesen said the online contract-signing platform is committed to staying public after rumored takeover interest from private equity firms.

Citi fined $79 million by British regulators over fat-finger trading and control errors

British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls.

Chinese EV company Xpeng shares surge 13% after forecasting growth in car deliveries

Chinese electric car company Xpeng saw its shares soar after reporting an improvement in profit margin and an upbeat outlook for second-quarter deliveries.

Here's how to buy renewable energy from your electric utility

More residential consumers are sourcing their electricity from green energy sources like solar and wind. But many still don't know about the option.
1 38 39 40 41 42 142