Breaking News: Investing
GameStop shares drop, reversing Wednesday’s rally, on planned debt issue to buy bitcoin
In this article GME Follow your favorite stocksCREATE FREE ACCOUNT Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. Brendan McDermid | Reuters GameStop shares are set to give back much of Wednesday’s rally after the video […]
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Over 9 million student loan borrowers past due after bills restarted, Fed estimates
People walk on the campus of the University of Southern California (USC) on March 21, 2024 in Los Angeles, California. Mario Tama | Getty Images Around 9.7 million student loan borrowers became past due on their bills after the Covid-era payment pause expired, according to a new estimate by the Federal Reserve Bank of New York. After […]
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GameStop to invest corporate cash in bitcoin, following in footsteps of MicroStrategy
A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany. Ying Tang | Nurphoto | Getty Images Video game retailer GameStop announced Tuesday its board has unanimously approved a plan to buy bitcoin with its corporate cash, a move that MicroStrategy became well-known for. The meme […]
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Trump-backed crypto bank joins stablecoin wars with new dollar-pegged token
The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images World Liberty Financial, the decentralized finance venture backed by President Donald Trump and his family, has launched a stablecoin, joining an increasingly crowded market. The company said Tuesday that the […]
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Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout
Max Levchin, co-founder of PayPal and Affirm David Paul Morris | Bloomberg | Getty Images Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments network. U.S. merchants who use JPMorgan to handle payments can soon add […]
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Morgan Stanley’s near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a winner. “It started out with a low-quality rally, which is what we expect – meaning a short squeeze,” the firm’s chief investment officer told CNBC’s “Fast Money” on Monday. “Then, what we noticed is the […]
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Berkshire Hathaway employee wins $1 million in Warren Buffett’s March Madness bracket challenge
Cooper Flagg #2 of the Duke Blue Devils moves the ball against the Baylor Bears during the second round of the 2025 NCAA Men’s Basketball Tournament held at Lenovo Center on March 23, 2025 in Raleigh, North Carolina. Grant Halverson | NCAA Photos | Getty Images For the first time in nearly 10 years, a […]
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How investors can ready their portfolios for a recession: ‘You’re looking for balance,’ expert says
Key Points Economic forecasters have raised the odds of a U.S. recession amid an escalating trade war. Investors shouldn’t act emotionally if trying to prepare their portfolios for a downturn. Fundamentals like asset allocation and diversification are generally the most important considerations, advisors said. Source
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‘Some more banana skins in front of us’: Why investors may want to increase exposure to bonds
ETF Edge ‘Some more banana skins in front of us’: Why investors may want to increase exposure to bonds Published Sat, Mar 22 202511:00 AM EDT Yaritza Diaz WATCH LIVE Source
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Are designer handbags an actual investment? Here’s how returns stack up
Luxury handbags have outperformed other collectibles in recent years and are increasingly viewed as a potential investment category in the eyes of consumers and analysts, at least according to some recent reports. For the first time, the value proposition of designer handbags from top brands, such as Hermes, Chanel, Goyard and Louis Vuitton are growing […]
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