Finance

Finance

Ken Griffin’s Citadel Securities Has Some Tips for SEC

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Top of the list is a warning over the rise of 24-hour trading, just as the Nasdaq and the New York Stock Exchange pursue it.

1 min read

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Markets

The Carry Trade is Unwinding. How Much is Left to Go?

In a carry trade, you borrow money in a country with low interest rates and use it to buy a higher-interest-rate currency like the dollar.

1 min read
Photo by Ajay Suresh via CC BY 2.0

Markets

Proposed Nasdaq Rules Would Clamp Down on Risky Penny Stocks

After months of criticism for listing over 400 penny stocks, Nasdaq is proposing tightened rules to crack down.

1 min read
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Banking

US Regulators Investigate Banks’ Responses to Scams on Zelle

Major US banks are being probed by the Consumer Financial Protection Bureau (CFPB) over how they handle fraud on P2P payments app Zelle.

2 min read

Finance

Buffett’s $300B Cash Pile, Fed by Apple, Spurs Investment Guessing Game

Photo by The White House via Public Domain Mark 1.0

Buffett acolytes are primed to be receptive to new ideas after Berkshire’s more contrarian bets over the last decade have proven prescient.

2 min read

Finance

Why Stock Exchanges Want a Piece of Texas, ‘The Wall Street of the South’

Photo illustration by Connor Lin / The Daily Upside, Photos by Andrey Krav via iStock and Muhammad Abdullah via Freepik

5 min read

Economics

Dollar Takes a Bruising From Trump’s Jabs at Fed Chair

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The US dollar hit a three year low against a basket of currencies Monday, highlighting investor concerns about US assets.

2 min read

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