President Trump is back to rattling the markets again with his comments. Trump said Tuesday he wasn't pleased with last week's trade talks with China and cast doubt on the status of a June 12 meeting with North Korea leader Kim Jong Un. Europe's oil and gas sector was nailed 2.5%, the worst
Virtual reality, live cinema, Instagram Stories and new forms of storytelling will take center stage at the Transilvania Intl. Film Festival during infiniTIFF, an eight-day exploration of how technology is reshaping the way we create and share our stories. For its sophomore edition, infiniTIFF returns
Shares of merchant services and payments processing provider Square Inc. ( SQ) fell over 3% on Tuesday following an announcement that the company would raise $750 million in a convertible debt offering. The new funds will "enable Square to continue its acquisition strategy, having announced the
The tech of tomorrow has become a popular place for ETF issuers to look for the next big idea.
If you wanted proof that crypto scams have gone mainstream, look no further than our Twitter accounts, @LilyKatz and @olgakharif. During the first three weeks of May, fraudsters copied our pages, including profile photos, to push Ether swindles onto our 17,000 collective followers. “Setting up a bot
The latest potential suitor is Barclays Plc, which is reported by the Financial Times to be exploring a merger (read takeover) of StanChart. London-listed Barclays isn’t considering a possible deal, Reuters reported, citing two people close to the lender. The deal can be made to look sensible, even
Despite the prevalence of digital payments, most companies in that sector are still competing with cash, according to Sri Shivananda, chief technology officer at PayPal. P eople still prefer cash because it's eas ier than either obtaining a credit card or using a digital payments platform in many
There are three things that payments companies must do to convince people to make the jump from using cash to digital payments, according to Sri Shivananda, senior vice president and chief technology officer at PayPal.
You never know what news in the evening will dominate market sentiment the following day. Here are three things TheStreet will be watching for on Wednesday. In one last step, the House of Representatives voted 258-159 in support of a Senate-derived bill aimed at peeling back regulations for scores
Tencent Holdings Ltd. is Hong Kong’s bread and butter. The owner of WeChat seems to be unstoppable, even after Naspers Ltd. dumped $10 billion of shares in March. Outsized trading volumes are perhaps one reason why Hong Kong Exchanges & Clearing Ltd. is begging high-tech startups to list in the city
The quiet period following the IPO Docusign Inc (NASDAQ: DOCU) has ended, and several Wall Street analysts have weighed in on the stock. Citi analyst Walter Prichard said DocuSign is a potential SaaS market leader. “We see large opportunity to offer online transaction services in a broad variety of
Ally Financial Inc. ( ALLY) has been courting millennials for its online bank and robo-advisory service Ally Invest, and its efforts appear to be paying off. During the past year, more than 50% of its new customers have been millennials, with that number expected to increase as the fintech offers products
Europe has become increasingly competitive with Silicon Valley when it comes to creating successful technology companies, said John Collison, co-founder and president of payments company Stripe Inc. Collison, speaking at Bloomberg’s Sooner Than You Think technology conference in Paris on Tuesday, said
Stacey Cunningham, the first woman president of NYSE Group, tells CNBC on Tuesday that the IPO pipeline is strong, and the challenge for exchanges like NYSE and rival Nasdaq is to encourage more. Cunningham, who began her career as a clerk on the NYSE floor in the mid-1990s, says she hopes to see the
New York Business Journal caught up with Wells to discuss her new role, lessons she has learned and how Betterment can help the current "retirement crisis."