Secondhand fashion and luxury is gaining ground fast, with the global resale market expected to hit up to $360 billion by 2030 from about $210 billion now.
Category: Finance News
‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks
Investors are focused on a specific type of lending made by banks to non-depository financial institutions, or NDFIs, as the source of possible contagion.
Stocks making the biggest moves midday: Oracle, AST SpaceMobile, Revolution Medicines and more
These are some the stocks posting the largest moves midday.
Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio
The 60/20/20 portfolio is gaining after gold, bitcoin record runs, with alternatives taking half of bonds’ former hold over a classic investor market approach.
Moody’s says the banking system, private credit markets are sound despite worries over bad loans
Marc Pinto, the agency’s head of global private credit, acknowledged in a CNBC interview that there are concerns over loose lending standards.
Stocks making the biggest moves premarket: Jefferies, Oracle, Fifth Third, Micron and more
These are the stocks posting the largest moves in premarket trading.
Chinese robotaxi company Pony.ai to work with Stellantis on Europe expansion
The companies plan to start robotaxi tests in Luxembourg in the coming months, before expanding to other parts of Europe next year.
Stocks making the biggest moves after hours: Novo Nordisk, Interactive Brokers, CSX and more
These are the stocks posting the largest moves in extended trading.
U.S. regulators toss out rules requiring banks to prepare for climate change
The Fed and others no longer believe the requirements are necessary as they are redundant with other provisions banks already make to plan for emergencies.
U.S. budget deficit edged lower in 2025 as tariffs, debt payments both saw new records
The federal government managed to escape with a $1.78 trillion shortfall, some $41 billion, or 2.2%, less than fiscal 2024.