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Has the bitcoin rebound peaked?
NEWS INDUSTRY NEWS MAY 09, 2024
Has the bitcoin rebound peaked?

The crypto is headed for its longest losing streak since October.

Hipgnosis song fund set to be acquired by Blackstone
NEWS INDUSTRY NEWS MAY 09, 2024
Hipgnosis song fund set to be acquired by Blackstone

Concord has said it will not raise its bid any further.

Former Nuveen trader behind $47M insider scheme seeks leniency
NEWS REGULATION AND LEGISLATION MAY 08, 2024
Former Nuveen trader behind $47M insider scheme seeks leniency

Defense attorneys for the disgraced trader argue his criminal behavior was spurred by trauma and phobia about financial insecurity.

With SEC rule changes looming, money funds start shifting their holdings
INVESTING MUTUAL FUNDS MAY 08, 2024
With SEC rule changes looming, money funds start shifting their holdings

Measures from the federal regulator are likely to shift the balance of market demand toward less risky assets.

Price tag for Trump tax cuts swells to $4.6T
RETIREMENT TAX MAY 08, 2024
Price tag for Trump tax cuts swells to $4.6T

Estimates from Congressional Budget Office project renewed fiscal measures will more than double the cost of the original 2017 cuts.

FTX victims could recoup total losses plus interest
NEWS INDUSTRY NEWS MAY 08, 2024
FTX victims could recoup total losses plus interest

Collapsed crypto exchange has more cash than it needs for creditors.

Morgan Stanley cautious about China stock rally
NEWS INDUSTRY NEWS MAY 08, 2024
Morgan Stanley cautious about China stock rally

Wall Street strategists favor individual, thematics rather than index.

Real estate investors gain as rents stay higher for longer
NEWS INDUSTRY NEWS MAY 08, 2024
Real estate investors gain as rents stay higher for longer

US, Canada among markets where rents are likely to be last to fall.

Jay-Z's no 'Cowboy Carter' as Pendulum investment deal nears
NEWS INDUSTRY NEWS MAY 08, 2024
Jay-Z's no 'Cowboy Carter' as Pendulum investment deal nears

Marcy Venture Partners in advanced talks for 'California merge 'em'.

Banking giant hoping for “global resolution” to drug-money probes
NEWS REGULATION AND LEGISLATION MAY 07, 2024
Banking giant hoping for “global resolution” to drug-money probes

The financial titan’s CEO urges employees to “hold heads high” as it faces anti-money-laundering actions from multiple regulators.