Today: September 08, 2024
Today: September 08, 2024

Latest From Manya Saini and Niket Nishant

Business|Finance

B. Riley says co-founder has offered to take it private

B.

Business|Finance|Technology

Robinhood's push into futures may not be easy if not free, J.P. Morgan says

Robinhood's entry into futures trading this year could be met with some caution by retail traders if it charges a fee, J.P.

Business|Finance|Technology

Coinbase expects US to be crypto-friendly irrespective of election outcome

The next U.S. administration will be "constructive" on crypto regardless of which party wins, Coinbase CEO Brian Armstrong said late on Thursday,

Coinbase expects US to be crypto-friendly irrespective of election outcome
Business|Finance

PayPal's turnaround plan faces challenges from competition, analysts say

As PayPal embarks on an ambitious turnaround strategy to revitalize growth after a post-pandemic slump, Wall Street analysts expressed some caution over

PayPal's turnaround plan faces challenges from competition, analysts say
Business|Economy|Finance

Visa's revenue miss prompts caution on Wall Street

Visa's underwhelming third-quarter revenue prompted a number of brokerages to cut their price targets on the company's stock, stoking concerns about slowing

Visa's revenue miss prompts caution on Wall Street
Business|Economy

First Foundation plunges as 'unexpected' fund raise puts real estate loans in focus

First Foundation shares slumped roughly 24% on Wednesday to their lowest since November after the Texas-based lender with a huge portfolio of multifamily

Business

Big banks led by Citi continue layoffs amid pressure to cut costs

U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the biggest drop.

Big banks led by Citi continue layoffs amid pressure to cut costs
Business

US banking giants shed over 17,000 employees in turbulent year

Wells Fargo, Bank of America and Citigroup reduced their workforces by a combined 17,700 last year, the banking giants reported in their fourth-quarter

US banking giants shed over 17,000 employees in turbulent year
Business|Economy

NYCB falls as profitability comes into focus after $5 billion loan sale

New York Community Bancorp's shares reversed course to trade down 4% as a deal to sell $5 billion of mortgage warehouse loans failed to assuage investors

NYCB falls as profitability comes into focus after $5 billion loan sale
Business|Economy

NYCB short sellers stare at $42 million in losses after post-earnings rally, Ortex says

Traders shorting New York Community Bancorp's stock were sitting on more than $42 million of losses on Wednesday after the lender's better-than-expected

NYCB short sellers stare at $42 million in losses after post-earnings rally, Ortex says
Business|Economy|Technology

Robinhood makes headway beyond trading

Robinhood Markets' suite of new products, including its credit card and futures trading platform, will be crucial to drive growth as market fluctuations

Robinhood makes headway beyond trading
Business|News

NYCB faces tough choices on CRE loans, balance sheet diversification

New

NYCB faces tough choices on CRE loans, balance sheet diversification

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