Loading… Loading… The performance of the U.S. corporate bond market in the first quarter of the year was generally flat, though there were notable distinctions between the high-grade and high-yield sectors. Bonds issued by companies with higher credit ratings (BBB and above) experienced a slight downward trajectory, as showed by the iShares iBoxx $ Investment
Long look — Weight loss from Wegovy sustained for up to four years, trial shows It’s still unclear how long people will have to stay on the drugs to maintain the effects. Beth Mole – May 14, 2024 11:04 pm UTC Enlarge / Wegovy is an injectable prescription weight loss medicine that has helped people
Loading… Loading… Benzinga spoke with Mehrak Hamzeh, the chief technology officer of AppTech Payments Corp APCX , about the future of fintech. "Fraud prevention and AI are essential," Hamzeh says. "We can monitor behaviors, detect unusual activities like keystrokes or device orientation, flag anomalies, and raise alerts for fraudulent activities." Here's an edited transcript of
Loading… Loading… Editor's note: The headline of this story has been updated to reflect that Interactive Brokers' new desktop product is in addition to, rather than a replacement of, the TWS platform. Interactive Brokers Group Inc IBKR recently launched an updated desktop trading applicationfor Windows and Mac users. Benzinga spoke with Steve Sanders, the firms
Google on Tuesday unveiled a major overhaul to its flagship search engine that uses AI-generated summaries to displace the links to news stories a move that threatens to deprive traditional media companies of much-needed revenue. The new feature, dubbed AI Overviews, will debut in the US this week and provide answers to queries like How
A group of TikTok creators said Tuesday they filed suit in US federal court seeking to block a law signed by President Biden that would force the divestiture of the short video app used by 170 million Americans or ban it, saying it has had “a profound effect on American life.” The TikTok users suing include a Texas Marine Corps veteran who sells
shuffling the deck — Chief Scientist Ilya Sutskever leaves OpenAI six months after Altman ouster CEO Altman: “OpenAI would not be what it is without him.” Benj Edwards – May 15, 2024 3:05 am UTC Enlarge / An image Illya Sutskever tweeted with this OpenAI resignation announcement. From left to right: New OpenAI Chief Scientist
Loading… Loading… Janover IncJNVR announced that it achieved significant year-over-year growth in lenders on its fintech platform in 2023, providing borrowers access to a broad range of competitive loan products. In 2023, Janover noted a766% growth in banking originator sign-ups, a 647% increase in credit union originator sign-ups, and a 445% boost in the other
Loading… Loading… Editor's note: The headline of this story has been updated to reflect that Interactive Brokers' new desktop product is in addition to, rather than a replacement of, the TWS platform. Interactive Brokers Group Inc IBKR recently launched an updated desktop trading applicationfor Windows and Mac users. Benzinga spoke with Steve Sanders, the firms
Loading… Loading… Frog-themed meme coin Pepe PEPE/USD stormed to an all-time high Tuesday, rendering all of its holders in profit at one point in the day. What Happened: The coin became the largest gainer in the memecoin market in the last 24 hours, and one of the largest in the broader market, with gains of
Loading… Loading… Benzinga spoke with Mehrak Hamzeh, the chief technology officer of AppTech Payments Corp APCX , about the future of fintech. "Fraud prevention and AI are essential," Hamzeh says. "We can monitor behaviors, detect unusual activities like keystrokes or device orientation, flag anomalies, and raise alerts for fraudulent activities." Here's an edited transcript of
Loading… Loading… Shares of video game retailer GameStop Corp. GME have lifted exponentially this week, trumping the worlds largest cryptocurrency Bitcoin's BTC/USD yearly gains in a single day. What Happened: GameStop shares rallied 190% since the week began, according to data from Benzinga Pro, pumped by retail traders' excitement over the return of Keith Gill,
Loading… Loading… In the latest market close, Upwork UPWK reached $11.37, with a +1.25% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 1.2% for the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.59%. Shares of the online freelance marketplace operator
Seeing Red — Virtual Boy: The bizarre rise and quick fall of Nintendos enigmatic red console How Nintendo took a gamble on a new kind of gaming experience in the ’90s. Benj Edwards and Jose Zagal – May 15, 2024 11:00 am UTC EnlargeBenj Edwards reader comments 0 Ars Technica AI Reporter and tech historian
A home is offered for sale on March 22, 2024 in Chicago, Illinois. Scott Olson | Getty Images Mortgage rates last week dropped to the lowest level since April, but buyers are still struggling to afford today’s housing market. As a result, mortgage demand flattened at a weak pace. Total mortgage application volume inched up
Three young people are dead and another three injured after a Tesla going 100 mph went airborne and tore through a power pole and building in a horrific crash in southern California. Surveillance video captured the moment the vehicle ran a red light in Pasadena’s Foothill Boulevard Saturday morning before the driver of the 2013
Ken Griffin lashed out at President Biden over his incoherent economic policies though he said he is waiting to see who Donald Trump picks as his running mate before deciding whether to financially back the presumptive Republican nominee. Griffin, the founder and CEO of $63 billion hedge fund Citadel, criticized the Biden administrations decision to
Yacht-see! Meta boss Mark Zuckerberg reportedly flew to Panama to celebrate his 40th birthday — where the billionaire’s alleged brand-new $300 million superyacht was docked. Zuckerberg, who has been linked to the 387-foot-long vessel called Launchpad for months but has never publicly confirmed whether he is the owner, traveled to the Central American nation on
Google I/O 2024 — Google is reimagining search in the Gemini era with AI Overviews What’s the best pilates studio within walking distance that has new member Kevin Purdy – May 14, 2024 6:33 pm UTC Enlarge / “Google will do the Googling for you,” says firm’s search chief.Google reader comments 17 Search is still
Loading… Loading… Open-deck transportation marketplace EXO Freight closed its Chattanooga, Tennessee, office Tuesday, laying off 19 employees, including a few from its spot brokerage team in Royal Oak, Michigan, who were mainly operations-focused, co-founder and CEO Kurtis Tryber told FreightWaves. Tryber said it was an intentional move by the company to pivot from covering unprofitable