[ad_1] Sports-merchandising company Fanatics Inc. has picked a finance chief for its sports-betting and gambling division ahead of its planned launch early next year. Jacksonville, Fla.-based Fanatics on Tuesday named…
[ad_1] Japanese investor SoftBank has taken a loss of around £450 million ($509 million) after selling its stake in British e-commerce company THG. SoftBank 9984, -0.22% sold its entire interest…
[ad_1] The inflation fight by central banks isn’t even close to over yet, according to Jumana Saleheen, Vanguard’s European chief economist. That means markets likely remain vulnerable to additional shocks,…
[ad_1] Morgan Stanley CEO James Gorman said the marquee investment bank is studying potential job cuts as the latest big financial institution to look for ways to reduce costs headed…
[ad_1] Kakao Corp. shares 035720, -5.35% slumped early Monday after a fire at one of its data centers over the weekend disrupted its popular messaging app and other fintech services.…
[ad_1] Activist investor Starboard Value LP has a sizable stake in Splunk Inc. and plans to push the software maker to take action to boost its stock price, according to people familiar with…
[ad_1] Rules of thumb in investing appear to no longer apply in the carnage of 2022 in financial markets. Advocates for the 60/40 portfolio split, designed to capture the upside…
[ad_1] Stocks are riskier than bonds — everyone knows that. At least until this year. So far in 2022, long-term U.S. Treasurys have significantly underperformed U.S. stocks. The Vanguard Long-Term…
[ad_1] By some measures, the 60-40 portfolio is experiencing one of the worst years in recent memory. As bonds and stocks have sold off in unison, some people have even…
[ad_1] Apple Inc. is deepening its involvement in the world of financial services. The consumer-electronics company plans to let Apple Card users park their Daily Cash in a high-yield Goldman…
[ad_1] Yuga Labs, founder of the Bored Ape Yacht Club NFT collection, is being probed by the U.S. Securities and Exchange Commission as to whether nonfungible tokens are considered unregistered…
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. Amazon’s second ‘Prime Day’ of 2022: When it starts, the best deals and more Here’s what you need to know about Amazon’s…
[ad_1] It’s a regular day of business for the U.S. stock market on Monday, October 10, as equity exchanges stay open for Columbus Day, a federal holiday that also has…
[ad_1] The stock market’s low for the year on the last day in September is likely to be breached in this bear market, according to a contrarian analysis of market…
[ad_1] Cryptocurrency exchange Binance temporarily halted its blockchain network after $568 million worth of cryptocurrency was stolen off the platform. The exploit occurred on a bridge between blockchains and hackers…
[ad_1] U.S. stocks fell sharply Friday, cutting into weekly gains, after September jobs data showed an unexpected fall in the unemployment rate that’s expected to reinforce the Federal Reserve’s resolve…
[ad_1] The Federal Reserve needs to keep raising its benchmark interest rate in order to cool inflation that hit a 40-year high earlier this year and has shown little signs…
[ad_1] The derivatives-based investment strategy that tipped the U.K.’s pension sector into crisis started with good intentions: Help companies fulfill promises they made to employees to pay a steady income…
[ad_1] Elon Musk’s decision to end his war with Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn. Icahn quietly amassed a Twitter TWTR, +22.24%…
[ad_1] There are signs that the U.S. labor market is starting to cool off a bit, San Francisco Federal Reserve President Mary Daly said Tuesday. “I think…some of the churn…
[ad_1] CME Group Inc. criticized crypto exchange FTX’s plan to cut out the middlemen in the futures markets. Now, the Chicago exchange giant is taking a step in the same direction. In…
[ad_1] All signs point to lower U.S. inflation in coming months, Richmond Fed President Thomas Barkin said Friday. “Inflation should come down a bit. I don’t expect it to be…
[ad_1] The Federal Reserve does not need to induce a deep recession in order to bring down high inflation, San Francisco Fed President Mary Daly said Thursday. “Inducing a deep…
[ad_1] The Securities and Exchange Commission announced Thursday that Big-Four accounting firm Deloitte’s China affiliate had agreed to pay $20 million to settle charges that it has asked clients to…
[ad_1] “‘The U.S. economy remains in a strong place to deal with a full set of headwinds, including those coming from abroad.’” — Jared Bernstein, member of President Joe Biden’s…