Breaking News: Investing
Morgan Stanley close to offering crypto trading though E-Trade, calls it ‘tip of the iceberg’
In this photo illustration, the logo for E-Trade, the online trading platform owned by Morgan Stanley, is shown on the company’s website on May 13, 2024 in Chicago, Illinois. Scott Olson | Getty Images Morgan Stanley is months away from offering crypto trading to retail customers through its E-Trade division as the Wall Street giant […]
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Crypto startup Zerohash raises $104 million from Morgan Stanley, SoFi, Apollo and others
Key Points Crypto infrastructure startup Zerohash has raised $104 million in funding with backing from financial firms including Morgan Stanley and SoFi, CNBC has learned. The round was led by Interactive Brokers, the global automated trading firm, and includes strategic investors who are also clients of Zerohash, founder and CEO Edward Woodford told CNBC. Zerohash […]
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Better Home & Finance shares more than double after Eric Jackson of Opendoor fame recommends it
Eric Jackson, a hedge fund manager who partly contributed to the trading explosion in Opendoor, unveiled his new pick Monday — Better Home & Finance Holding Co. Shares of Better Home shot up 8.4% after a Jackson post on X touted the stock, after the New York-based mortgage lender soared more than 36% last week. […]
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These five stocks have more room after the Fed rate cut, says Bank of America
Bank of America named a slew of stocks that have plenty of upside following the Federal Reserve’s rate cut on Wednesday. The central bank delivered on a widely anticipated quarter percentage point reduction in the Fed’s benchmark overnight lending rate, and signaled that two more cuts could happen this year. That will bring down borrowing […]
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Some premium travel rewards credit cards now cost over $500 per year. What to know before you apply
American Express announces the new platinum business card. Courtesy: American Express As issuers push annual fees higher for some premium travel rewards credit cards, experts say it’s important for consumers to consider if such cards are worth the cost. On Thursday, American Express announced that consumer and business versions of its Platinum credit card will […]
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Trump wields ‘golden share’ to halt U.S. Steel plant shutdown, WSJ reports
U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters The Trump administration stepped in to stop U.S. Steel from idling operations at its Granite City, Ill., plant, exercising new powers tied to the company’s recent takeover, the Wall Street Journal […]
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Big Tech companies, foreign governments scramble after Trump slaps $100,000 annual fee on H-1B visas
U.S. President Donald Trump speaks as he sits next to a “Trump Gold Card” sign, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters Major technology companies and foreign governments are rushing to respond after President Donald Trump late Friday announced plans to impose a […]
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Wall Street eyeing one big trade after Fed rate cut: Commodities
Commodities could soar after the Federal Reserve’s quarter-point interest rate cut this week, though this will depend on whether the U.S. manages to avoid a recession, according to JPMorgan. “Historically, commodities have generated positive returns both leading up to and following the first Fed cut,” JPMorgan analysts led by Natasha Kaneva told clients in a […]
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SEC to propose rule change on Trump’s call to end quarterly earnings reporting, says Chair Atkins
watch now VIDEO5:1205:12 SEC Chair Paul Atkins: We will propose rule change on Trump’s call to end quarterly reports Squawk Box Paul Atkins, chairman of the U.S. Securities and Exchange Commission, said his agency will propose a rule change following President Donald Trump’s call to switch quarterly earnings reports to a semiannual schedule. “I welcome that posting […]
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New Grayscale ETF holds multiple cryptocurrencies together, combining bitcoin, Solana and others
Grayscale Bitcoin Trust ETF signage on the floor of the New York Stock Exchange in New York, US, on Thursday, Jan. 11, 2024. Michael Nagle | Bloomberg | Getty Images Grayscale Investments has brought a new twist to crypto investing, rolling out the first multi-token exchange-traded product available in the U.S. The Grayscale CoinDesk Crypto […]
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