U.S. financial technology firms responsible for popularizing amateur stock trading,are venturing into fixed income to capitalize on the increasing interest of ordinary investors, spurred by
Category: US
U.S. investors exhume confidence in a robust economy as Nvidia, driven by AI, achieved 239% up and a new high for the economy.
In 2023, investors were encouraged by reducing inflation, a robust economy, and the possibility of reduced interest rates. As a result, the S&P 500 ended
Cummins agrees to pay a record-breaking $1.675 billion for environmental pollution.
The U.S. Justice Department announced on Friday that truck engine manufacturer Cummins Inc. has agreed in principle to pay a $1.675 billion fine for placing
US regulators caution against the use of Doraemon toy magnets after seven fatalities.
Following seven fatalities from ingestion of the Chinese vendor Doraemon’s magnetic ball sets due to their loose, dangerous magnets, the U.S. Consumer Protection Unit issued
US defense industry to profit from wars in 2024.
One CEO resisted, stating they did not want to be stuck with a warehouse full of rockets when the fighting stopped when the Pentagon summoned
Blackstone-led investors acquire 20% of the $16.8b real estate portfolio owned by the FDIC-run Signature Bridge Bank.
On Thursday, the Federal Deposit Insurance Corp.-owned Signature Bridge Bank announced that it had sold 20% of its interest in the business, which was keeping
US Big Bank CEOs kick against Basel Endgame and overregulation as harmful to the economy.
The heads of the largest Wall Street banks used their appearance on Capitol Hill on Wednesday to implore senators to halt the Biden administration’s proposed
US-China rivalry deepens as the Pentagon signs a new high-tech deal with Australia and the United Kingdom.
As part of a larger attempt to offset China’s rapidly rising influence in the Indo-Pacific, the United States is extending its high-tech military collaboration with
US enact new rules to exclude Chinese supply chains from winning EV tax credits.
The long-awaited guidelines, which would restrict the amount of Chinese content in batteries eligible for electric vehicle tax credits beginning next year, were released by
US big banks embrace insurance-based credit-linked notes as regulators opt for higher capital.
Early in the fall, Blackstone Group and other investors sold Morgan Stanley $300 million in loss insurance for certain of its loans. The transaction details—which