Loading… Loading… Visa Inc V stock recorded an all-time-high (ATH) on Wednesday. The stock was seen trading at a high of $262.48 during intraday trading, marking a new high in the stocks history. The stock has returned 26.52% to investors so far this year. The surge has been propelled by a combination of strategic moves,
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Global banks eliminated more than 60,000 jobs in 2023, marking one of the heaviest years for cuts since the financial crisis and reversing much of their hiring as they emerged from the Covid-19 pandemic. Investment banks suffered a second consecutive year of plummeting fees as dealmaking and public listings dried up, leaving Wall Street trying
The influence of China’s once-powerful central bank has diminished as Beijing steps up a drive to centralise Communist party control over financial regulation. Some of the powers formerly held by the People’s Bank of China have been taken over by a party oversight body and a revamped financial regulator as Beijing resets its growth model.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s Prime Minister Benjamin Netanyahu has vowed to fight on in the war against Hamas, despite a mounting death toll and growing international calls to alleviate the humanitarian suffering in the Palestinian enclave and halt
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone invested more in European real estate than in any other region in 2023, as the world’s largest commercial property owner picked up bargains from market turmoil and distressed sellers. Real estate deal-making collapsed this
Loading… Loading… The COVID-19 pandemic brought an influx of new retail traders to the public stock markets. Post-pandemic, many of the retail traders are sticking around. Nasdaq NDAQ senior vice president and global head of data Brandon Tepper recognized this trend. "We've actually seen a huge rise in activity through the pandemic," Tepper told Benzinga
Sorry bros — From CZ to SBF, 2023 was the year of the fallen crypto bro Going from zero to billionaire to zero is no crypto bro’s dream. Ashley Belanger – Dec 22, 2023 1:04 pm UTC EnlargeAurich Lawson | Getty Images (Bloomberg/Antonio Masiello) reader comments 19 Looking back, 2023 will likely be remembered as
Loading… Loading… Wall Street is showing cautious gains as the new week begins, despite thetech giants often referred to as the Magnificent 7 all trading in the red: Apple Inc. AAPL , Microsoft Corp. MSFT , Alphabet Inc. GOOG GOOGL , Amazon Inc. AMZN , Meta Platforms Inc. META , NVIDIA Corp. NVDA and Tesla,
Money for something — Banks use your deposits to loan money to fossil-fuel, emissions-heavy firms Your $1,000 in the bank creates emissions equal to a flight from NYC to Seattle. Matt Simon, wired.com – Dec 22, 2023 12:33 pm UTC Enlarged3sign reader comments 67 When you drop money in the bank, it looks like its
Many today have a greater interest in the perception of virtue through diversity, equity, and inclusion (DEI) narratives rather than making a real, tangible impact on improving the lives of others. This is particularly true on college campuses. The support for Claudine Gay at Harvard highlights the insulating powers of DEI, as President Gay fits
Loading… Loading… Visa Inc V stock recorded an all-time-high (ATH) on Wednesday. The stock was seen trading at a high of $262.48 during intraday trading, marking a new high in the stocks history. The stock has returned 26.52% to investors so far this year. The surge has been propelled by a combination of strategic moves,
Loading… Loading… Crypto exchange Coinbase Global Inc.COIN on Tuesdayannounced the launch of Project Diamond, a new smart contract-powered platform aimed at institutions,designed to facilitate the creation, purchaseand sale of digitally native assets. The first transaction on Project Diamond was the issuance, distributionand maturity of a digital debt instrument, which served as a technical demonstration for
Here today, impacting tomorrow — Laptops 2023 quantum leap: 5 computers well still be talking about in 2024 You likely didn’t want these PCs this year, but they may impact your future devices. Scharon Harding – Dec 22, 2023 11:45 am UTC EnlargeGetty reader comments 0 You’ll never uncover The Next Great Thing if you
Loading… Loading… A New York-based mult-asset investing platform has an attractive annual percentage yield. What Happened: Public launched its secondary brokerage account, High-Yield Cash Account, to offer 5.1% APY (subject to change) with zero fees and no minimum balance requirements. Funds from the account will be directly deposited into partner banks where they earn a
A big year in launch — Rocket Report: Electron and New Shepard return to flight; UK spaceport gets OK “We look forward to flying our next crewed flight soon.” Eric Berger – Dec 22, 2023 12:00 pm UTC Enlarge / Electron returned to flight successfully this week. Rocket Lab reader comments 0 Welcome to Edition
Loading… Loading… Visa Inc V stock recorded an all-time-high (ATH) on Wednesday. The stock was seen trading at a high of $262.48 during intraday trading, marking a new high in the stocks history. The stock has returned 26.52% to investors so far this year. The surge has been propelled by a combination of strategic moves,
The Supreme Courts upcoming decision about the most common pharmaceutical used for medication abortions may be just the beginning of the political battle over the drug. Earlier this month, the Supreme Court agreed to hear an appeal of lower-court rulings that would severely reduce access to mifepristone. The Courts acceptance of the case marked a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK economy shrank slightly in the third quarter, according to revised figures that highlight the country’s struggle to shake off its low-growth performance. The Office for National Statistics said on Friday that gross domestic
Daily moment of zen — Daily Telescope: A simple shot of the Milky Way high above France and Spain “Both the daytime and nighttime vistas there were just bloody marvelous.” Eric Berger – Dec 21, 2023 1:00 pm UTC Enlarge / The Milky Way Galaxy above the Pyrenees, right on the French and Spanish border.