According to court filings unsealed on Thursday, Binance.US has been accused of not cooperating in a probe by the U.S. Securities and Exchange Commission (SEC), which has said the company’s staking, clearing and brokerage services violate federal securities law. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the regulatory pressure Binance.US undergoes and what's next for the exchange.
As Treasury yields continue climbing, the stock market seems to be taking a break. But according to CNBC's Jim Cramer, this pullback in stocks could represent an opportunity for investors. In a recent "Mad Money" segment, Cramer explained why rising Treasury yields have been causing problems for stocks. "Why own stocks when you can make north of 4.5% risk-free from the 10-year? Ten-year Treasuries are like a great dividend stock that's guaranteed not to lose money over the next decade," he said.
Short sellers are back and are betting these stocks are ready to sell off. These growth stocks all hit recent hit highs.
Here are the details on Costco’s deal – and what a key investor says to buy instead.
The Dow Jones Industrial Average was lower by 1%, or 370 points. The S&P 500 fell 1.3% at 1:30 p.m. ET in the stock market today. The Nasdaq fell 1.8% after rebounding from August's lows in a four-day rebound.
Stocks have been resilient in the face of rising yields, but any sign of a recession could spark a sell-off, Societe Generale's Albert Edwards wrote.
The chip maker says the unit that makes programmable chips for defense and telecommunications will eventually go public.
An individual can protect their assets from Medicaid, including their home, by placing them into a trust. Essentially, the assets become owned by the trust and not by the individual. This mechanism can decrease the individual’s asset count for Medicaid eligibility, presenting a way to potentially conserve wealth and secure necessary medical care. However, like all […] The post Does Putting Your Home in a Trust Protect It From Medicaid? appeared first on SmartReads by SmartAsset.
Many investors find it beneficial to include real estate investment trusts, or REITs, in their portfolios. These companies bring a suite of advantages that can’t be overlooked. To start with, they offer a sound way to buy exposure to real property, landholdings, without actually buying real estate. REITs are also known as champion dividend payers, as they’re required to distribute up to 90% of their taxable income to shareholders – and dividends make a convenient mode of compliance. For Wedbush
The United Auto Workers (UAW) union strike against Detroit's Big Three has now expanded to more than 25,000 members. According to former President Donald Trump, the future looks bleak for America's automotive industry. "The autoworkers will not have any jobs, Kristen, because all of these cars are going to be made in China. The electric cars, automatically, are going to be made in China," Trump told NBC's Kristen Welker during a recent "Meet the Press" interview. "The auto workers are being sold
Weekly job openings surged to more than 9 million, ahead of economist estimates, showing that the labor market is still resilient.
(Bloomberg) -- Australia’s richest woman has added to her stake in lithium miner Liontown Resources Ltd. for the fourth time in under a month, edging closer to a position that could block a A$6.6 billion ($4.2 billion) takeover by the world’s biggest producer of the metal.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Reces
David Lebovitz's warning of "a financial accident" comes with 10-year Treasury yields at 16-year highs.
It's possible to score 5% yields on CDs. So to even consider dividend paying S&P 500 stocks the yield had better be impressive.
Dow Jones futures fell slightly as the 10-year Treasury yield kept rising overnight toward 5%. The House voted to oust Speaker Kevin McCarthy.
The FTX founder is protesting CNA’s insurance policy as his legal woes cost him serious money.
Do you love dividends? Of course you do — and rightly so! In a recent study conducted by Mike Wilson, Chief Investment Officer at Morgan Stanley, the analysis focused on the performance of dividend-paying stocks compared to non-dividend-paying stocks since the year 2000. The historical data underscores a compelling trend: dividend-paying stocks consistently outperform non-dividend stocks over the medium to long term. That outperformance has even been more pronounced in times of uncertainty and m
"High mortgage rates, high car rates, high credit card rates — they're starting to have an impact on the economy," Bill Ackman told CNBC.
NVIDIA Corp. is one of the biggest names and most influential companies in artificial intelligence (AI), but many people have no idea what it does. They're more familiar with companies like OpenAI, Anthropic PBC and Multiverse. If you're wondering where NVIDIA fits into the AI landscape, take a look at a passage from the company's website: The recent breakthroughs in generative AI bring a new level of versatility and insights to the enterprise. Now, the world's most advanced AI platform — NVIDIA
Soaring bond yields have made the stocks less appealing. Plus, the market expects investments for new power plants, aging infrastructures, and renewable technologies to cost more as interest rates stay higher for longer.
Berkshire Hathaway B (BRK.B) closed at $343.04 in the latest trading session, marking a -1.45% move from the prior day.
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