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Revolut, the UK-based neobank that offers crypto trading as part of its financial app, may have its application for a banking license rejected by the Bank of England, according to a report in The Telegraph. The BOE has told the UK Treasury that it's planning to reject Revolut's application, the newspaper reported, without saying where

Fresh after the Federal Reserve bumped interest rates higher by 25 basis points on Wednesday, Robinhood Markets Inc HOOD , a commission-free trading platform, announced it would increase its Robinhood Gold rate to 4.65% APY on May 4. What Happened: The new rate is 19 times more than the national average savings rate. Customers can

Apple, Inc.s AAPL recently launched high-yielding savings account is a reportedly smashing hit already. What Happened: Apple's savings account with a 4.15% annual percentage yield, has collected as much as $990 million in deposits over its first four days, Forbes reported, citing people familiar with the matter. The company managed to amass nearly $400 million

Police have arrested Nicola Sturgeon, Scotland’s former first minister, as part of an investigation into the finances of the governing Scottish National party. The arrest on Sunday marks a major escalation in a police probe that has plunged the pro-independence SNP into an unprecedented crisis. Sturgeon, who formally resigned as party leader and first minister

Partners at Odey Asset Management said that founder Crispin Odey would leave the firm after 13 women accused him of sexual misconduct. The high-profile financier and his firm have been at the centre of a growing crisis after the Financial Times reported on Thursday that 13 women alleged Odey had sexually assaulted or harassed them

Odey Asset Management has lost another key relationship, as French brokerage Exane decided to cut ties with the hedge fund after a Financial Times investigation alleged its founder Crispin Odey had sexually assaulted or harassed 13 women.  The hedge fund has told clients it is in “active discussions” with all of its service providers as

Hop on the boat — A telescope happened to be pointing at the brightest supernova yet observed The BOATbrightest of all timereveals the mechanics of gamma-ray bursts. John Timmer – Jun 9, 2023 12:04 am UTC Enlarge / Artist’s conception of a gamma-ray burst.NASA reader comments 34 with Supernovae are some of the most energetic

Revolut, the UK-based neobank that offers crypto trading as part of its financial app, may have its application for a banking license rejected by the Bank of England, according to a report in The Telegraph. The BOE has told the UK Treasury that it's planning to reject Revolut's application, the newspaper reported, without saying where

Father’s Day deals — Dealmaster: Savings on practical Fathers Day tech gift ideas Our curated Father’s Day list of the favorite toys and tech dads will love. Chuong Nguyen – Jun 9, 2023 11:00 am UTC reader comments 15 with With Father’s Day approaching, it’s time to think of the dads in our lives. Whether

Cathie Wood's Ark Invest made a couple of high-value transactions on Friday amid a strong market rebound. Shopify Stake Shrunk: Ark Invest sold Shopify, Inc. SHOP for a second straight day on Friday, daily trade information from the fund showed. The stock was on a tear during the two sessions, capitalizing on a strong earnings

Major cryptocurrencies traded slightly in the green on Thursday evening as investors focused on the upcoming monetary policy decision by the Federal Reserve next week.CryptocurrencyGains +/-Price (Recorded 9:30 p.m. EST)Bitcoin BTC/USD +0.38%$26,537Ethereum ETH/USD +0.43%$1,846Dogecoin DOGE/USD +0.42%$0.067 What Happened: Bitcoin continued to hold strong despite facing numerous obstacles, including recent SEC lawsuits against Binance and Coinbase,

another one — Tesla to add General Motors to its charger standard next year GM EV drivers will need a dongle at first; NACS ports will show up in 2025. Jonathan M. Gitlin – Jun 8, 2023 9:22 pm UTC Enlarge / GM is the second American automaker to decide to ditch the CCS port

One of the most well-known internet acquisitions of 2002 was when eBay Inc EBAY announced it was acquiring PayPal Holdings Inc PYPL . Investors who bought eBay shares on the day the deal was announced have done quite well for themselves. Years later, eBay decided to spin off PayPal. Heres a look at the performance

Crypto Twitter has been rife with discussions surrounding the pseudonymous creator of Bitcoin BTC/USD , Satoshi Nakamoto, after a Thursday report showed the reactivation of a decade-old Bitcoin wallet with over $37 million worth of Bitcoin, believed to be from Satoshi-era. What Happened: Recent tweets within the social media community suggest that Satoshi may be

Trading platform Webull celebrated its five-year anniversary by releasing new innovative features that utilize artificial intelligence (AI) to suggest investment portfolios based on user responses to a risk assessment. Webull 9.0 introduces new content and more sophisticated tools such as Sage Tracker, which allows clients to monitor the investment activities of leading institutional investors, and

When Sundar calls your name, say “here!” — Google makes office attendance part of performance reviews Employees need to be in the office at least three days a week. Ron Amadeo – Jun 8, 2023 9:51 pm UTC Enlarge / People walk out of a Google office building in Taipei, Taiwan, on January 29, 2021.Ceng

In April, total card expenditure per household was down 1.2% year on year, as measured by Bank of Americaaggregated credit and debit cards. Thisfollows the trend seen inconsumer prices. The credit card data captured by Bank of America markedthe first decline in card spending since February 2021. Why It Matters: A reduction in household credit

Trading platform Webull celebrated its five-year anniversary by releasing new innovative features that utilize artificial intelligence (AI) to suggest investment portfolios based on user responses to a risk assessment. Webull 9.0 introduces new content and more sophisticated tools such as Sage Tracker, which allows clients to monitor the investment activities of leading institutional investors, and