Category: Finance News

Palihapitiya launched American Exceptionalism Acquisition Corp. A, a $345 million SPAC that he said was more than five times oversubscribed.

These are some of the stocks posting the largest moves in the premarket.

JPMorgan, the world’s largest bank by market cap, is being “fundamentally rewired” to automate knowledge work across its operations, its data chief says.

Jennifer Garner’s baby food company Once Upon a Farm files for IPO.

Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday.

For all the political firestorms they generate, government shutdowns have been nonevents for both markets and the economy.

Users on Kalshi and Polymarket upped their bets on a government closure after the Labor Department said it won’t release a key jobs report in a shutdown.

Charlie Javice, founder of college financial aid platform Frank, was arrested in 2023 on charges she defrauded JPMorgan Chase in the sale of the fintech firm.

Morgan Stanley analysts cut Wells Fargo to a hold-equivalent rating from a buy Monday, citing limited upside ahead for shares.

Wall Street is questioning some of the tail risk from a government shutdown and how it might differ from what’s happened in prior closures.