Many fintech startups will be forced to shutter or sell themselves as they run out of funding in 2023, according to investors, founders and investment bankers.
Category: Finance News
Stocks making the biggest moves premarket: Tesla, AMC, Southwest and others
These are the stocks posting the largest moves before the bell.
Zelenskyy, BlackRock CEO Fink agree to coordinate Ukraine investment
Ukrainian President Volodymyr Zelenskyy and BlackRock CEO Larry Fink have agreed to coordinate investment in rebuilding Ukraine, Kyiv announced on Wednesday
Crypto exchange Kraken to shutter its Japan operations after global layoffs
Crypto exchange Kraken said Wednesday that it will stop operations in Japan next month, blaming a “weak crypto market globally.”
Global economy is heading into a decade of low growth, economist says
The global economy likely faces a decade of sluggish growth, according to Daniel Lacalle, author and chief economist at Tressis Gestion.
‘It’s massively welcome.’ What to know about the latest 1099-K tax reporting change for Venmo, PayPal
The IRS has issued a one-year delay for the 1099-K tax reporting change, applying to business transfers over $600. Here’s what taxpayers need to know.
Stocks making the biggest moves midday: Southwest, Peloton, Tesla, Herbalife and more
These are the stocks posting the largest moves in midday trading.
Stop complaining, says billionaire investor Charlie Munger: ‘Everybody’s five times better off than they used to be’
The billionaire investor can’t understand why people today aren’t more content with what they have, especially after the struggles of previous generations.
How Bank of America achieved a massive comeback from the brink of collapse
The hard-learned lessons from the 2008 financial crisis allowed Bank of America to earn its position as the second-largest bank in the United States.
History suggests the odds are against 2023 being another bad year for stocks
Could we have another down year in 2023? It’s possible, but it is statistically unlikely.