Finance

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Finance

Block Stock Pops in S&P 500 Debut

Block’s membership in the index comes as it transitions into an all-in-one finance platform that offers debit cards and loans to clients.

2 min read

Recent News

For Professional Athletes, Retirement Is a New Beginning

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2 min read
Worth Waiting For? The Many Factors in Social Security Claiming

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2 min read
Cybersecurity Stocks Soar Amid Mounting Concern Over AI Hacks

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1 min read

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Banking

Goldman’s ‘Midas Touch’ During Turbulent Quarter Delivers Record Trading Results

Goldman’s top line metrics — profit up 22% to $3.7 billion and total revenues up 15% to $14.6 billion — also bested analysts’ expectations.

2 min read
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Finance

Markets Give a ‘Meh’ To Upbeat Wall Street Earnings

The consensus takeaway from the earnings season so far is that the economy is, in spite of everything, doing pretty good.

3 min read
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Banking

Inflation Data and Bank Earnings Kick Off a Crucial Test for Markets

The big US banks bested Q1 earnings expectations, and many observers expect big boosts to their Q2 trading desk revenues.

2 min read
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Consumer

Ferrero Puts Snap, Crackle and Pop into Its Earnings With WK Kellogg Acquisition

Ferrero previously bought Nestlé’s US candy biz for $2.8 billion, as well as chocolate-maker Fannie May and RedHots owner Ferrara.

1 min read

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Banking

HSBC Waves Caution Flag for Wall Street Giants

The bank downgraded JPMorgan, Goldman Sachs, and Bank of America, citing a classic case of macroeconomic uncertainty.

2 min read
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Markets

Improving S&P 500 Outlook Signals Revival of TINA Trade

The TINA trade has hit some snags in recent years, with bonds looking like a pretty swell alternative in an era of high interest rates.

2 min read
Peter Thiel. Photo by Gage Skidmore via CC BY-SA 2.0.

Banking

Can Peter Thiel’s Fellowship of Billionaires Replace Silicon Valley Bank?

Thiel’s bank, named after the mountain where the dragon Smaug hoards his treasure, plans to serve tech startups and crypto companies.

2 min read
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Markets

Where Are the Bond Vigilantes?

The US debt is about the same as its entire economic output and is projected to grow if Trump’s megabill passes.

2 min read

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Markets

Berkshire Slips Amid Concern Retiring CEO May Take “Buffett Premium” With Him

The ‘Warren Buffett premium’ at Berkshire Hathaway is melting faster than a forgotten Dilly Bar in the wake of its CEO’s retirement plans.

2 min read
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Markets

SPAC Comeback Draws Renewed Interest from Wall Street

According to SPACInsider data, there have been 58 SPAC offerings so far this year, one more than the total in all of 2024.

2 min read
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Personal Finance

AmEx Platinum, Chase Sapphire Reserve Battle for Points in Upgrade Grudge Match

The two cards both have steep annual fees that put them in direct competition for a spot in consumers’ wallets.

1 min read

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