A Manhattan federal judge said cryptocurrencies are securities regardless of whom they are offered to, contradicting a prior ruling on cryptoasset Ripple.
Category: Finance News
Stocks making the biggest moves premarket: Uber, Gap, Caterpillar & more
Despite missing Wall Street’s revenue expectations, shares of Uber rose more than 4% after the ride-hailing giant offered rosy guidance for the third quarter.
State Street is cutting fees on 10 funds worth more than $70 billion combined
The changes impact roughly half of the SPDR Portfolio ETF suite, including funds focused on U.S. stocks, foreign stocks and fixed income.
Retirement account balances have increased substantially for high-income households. These factors help explain why
There’s a growing discrepancy between retirement balances for high- and low-income workers. New research finds some less obvious factors contribute to that gap.
HSBC sees 89% rise in quarterly pre-tax profit, beating analysts’ expectations
Profit before tax for the second quarter stood at $8.7 billion, while revenue for the same period came in at $16.71 billion.
Stocks making the biggest moves after hours: Yum China, Western Digital, ZoomInfo and more
These are the stocks posting the largest moves in extended trading.
ON Semiconductor stock pops after second-quarter earnings. Here’s what the pros are saying
Pros on CNBC discussed ON Semiconductor’s stock hitting an all-time high after the chipmaker reported second-quarter results that topped analyst estimates.
Banks say conditions for loans to businesses and consumers will keep getting tougher
The Fed’s closely watched Senior Loan Officer Opinion Survey showed that while credit conditions got more strict, demand declined as well.
Mega Millions jackpot hits $1.05 billion. Here’s the possible tax bill for the winner
The Mega Millions jackpot has soared above $1 billion for the fifth time in history. Here’s the expected tax bill if you win.
Stocks making the biggest moves midday: SoFi, ON Semiconductor, Disney, Sweetgreen and more
These are the stocks posting the largest moves in midday trading.