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Category: Finance News

Billionaire Mark Cuban says successful people aren’t afraid to go broke: ‘When you’ve got nothing to lose, you go for it’

Any successful business owner needs to accept the possibility of going broke, says billionaire entrepreneur and “Shark Tank” star Mark Cuban.

Published 6 April 2023
Categorised as Finance News

If you’re worried about market volatility, here’s how this advisor says you should handle the stress

Behavioral finance tells us we are inherently bad investors, prone to making decisions based on emotions rather than evidence and self-interest.

Published 6 April 2023
Categorised as Finance News

Layoffs are up nearly fivefold so far this year with tech companies leading the way

Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month.

Published 6 April 2023
Categorised as Finance News

Australian regulator cancels Binance’s license at exchange’s own request

Facing a probe from the Australian Securities & Investments Commission, Binance asked the regulator to cancel its derivatives license.

Published 6 April 2023
Categorised as Finance News

March’s banking chaos gave short sellers their biggest profits since the financial crisis

Short sellers were sitting on more than $7 billion in profit from the mass sell-off of bank shares last month, according to data firm Ortex.

Published 6 April 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Costco Wholesale, Richardson Electronics, FedEx and more

These are the stocks posting the largest moves in early trading.

Published 6 April 2023
Categorised as Finance News

IMF says U.S-China tensions could cost the world about 2% of its output

Companies and policymakers are exploring ways to make their supply chains more resilient by “moving production home or to trusted countries,” the IMF said.

Published 6 April 2023
Categorised as Finance News

Bank panic created this pocket of opportunity with yields nearing 8%, analysts say

“We are not in favor of buying common bank stocks right now,” says Loreen Gilbert, CEO of WealthWise Financial, who recommends another way of investing in them.

Published 6 April 2023
Categorised as Finance News

Betterment CEO on record net deposits, consumers, yields and FDIC insurance increase

Sarah Kirshbaum Levy, Betterment CEO, joins ‘Closing Bell: Overtime’ to discuss the company’s record net deposits.

Published 5 April 2023
Categorised as Finance News

Western Alliance shares cut losses after the bank says deposit outflows are stabilizing

Shares of Western Alliance Bancorp cut steep losses after the regional bank gave a new update showing deposit outflows stabilizing amid the banking crisis.

Published 5 April 2023
Categorised as Finance News

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