U.S. President Donald Trump announces that his administration has reached a deal with elite law firm Skadden, Arps, Slate, Meagher & Flom during a swearing-in ceremony in the Oval Office at the White House on March 28, 2025 in Washington, DC. Andrew Harnik | Getty ImagesWith decision day looming this...
Vancouver, Canada, March 29th, 2025, FinanceWirePU Prime, a globally recognized online trading platform, has announced its partnership with the Argentine Football Association as an Official Regional Sponsor. The partnership, commencing on March 17, 2025, underscores PU Prime’s commitment to excellence and innovation, aligning with one of the most iconic...
Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups. But those startups won’t necessarily be financial technology companies. In a post on X, Rotman – who helped start QED...
Check out the companies making headlines in midday trading. Rocket Lab — Stock in the aerospace manufacturer gained 3% after the U.S. Space Force listed the company as one of the firms entered in its pool of launch providers. Braze — Stock in the cloud software company added 6%...
A shopper pays with a credit card at the farmer's market in San Francisco, California, US, on Thursday, March 27, 2025. Bloomberg | Bloomberg | Getty ImagesThe deterioration in consumer sentiment was even worse than anticipated in March as worries over inflation intensified, according to a University of Michigan survey...
The Federal Reserve's key inflation measure rose more than expected in February while consumer spending also posted a smaller than projected increase, the Commerce Department reported Friday.The core personal consumption expenditures price index showed a 0.4% increase for the month, the biggest monthly gain since January 2024, putting the...
Check out the companies making headlines before the bell. Lululemon Athletica — Shares tumbled more than 11% after the athleisure retailer's 2025 guidance came in weaker than expected . Lululemon forecasts first-quarter earnings in a range of $2.53 to $2.58 per share, compared to the $2.72 expected by analysts...
Lululemon store in Manhattan, New York City, U.S., on July 15, 2024.Beata Zawrzel | Nurphoto | Getty ImagesLululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts.On an Thursday earnings call, CEO Calvin McDonald said the athletic wear company conducted a...
For economists, harbingers of a recession can include a slowdown in consumer spending and rising unemployment.For the chronically online, indicators can range from the perceived fall of fake eyelashes to more commercials for online colleges. Or, maybe, it's a skin care company selling eggs.And for Sydney Brams, a Miami-based...
Check out the companies making headlines in midday trading. Auto stocks — Major automobile manufacturers slipped following President Donald Trump's plans to impose a 25% tariff on "all cars that are not made in the United States," effective April 2. Shares of General Motors , Ford Motor and Stellantis...
Vancouver, Canada, March 29th, 2025,...
Prolific fintech investor and QED...
U.S. President Donald Trump announces...
Vancouver, Canada, March 29th, 2025,...
Prolific fintech investor and QED...
U.S. President Donald Trump announces...
Vancouver, Canada, March 29th, 2025,...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
UBS Group will pay a total of about $387 million in fines related to misconduct by Credit Suisse Group in its dealings with Archegos Capital Management. In a consent order with the Federal Reserve, UBS agreed to pay $268.5 million for “unsafe and unsound counterparty credit-risk management practices” at Credit...
Stop contributing to your IRAs and 401(k)s? That has to be a typographical error. After all, traditional retirement planning has always preached maximizing contributions to tax-deferred individual retirement accounts and 401(k)s to build retirement savings. Why should you stop building those accounts and deferring the tax bill? It’s because adding to...
Sorry, social media, financial advisors are still tops when it comes to trusted advice. According to Northwestern Mutual’s 2023 Planning & Progress Study released Monday, Americans rely on financial advisors as their most trusted source of financial advice, outpacing spouses, family members, business news, friends and yes, social media. Despite spending...
Financial regrets are commonplace, with almost three-quarters of Americans admitting in a recent poll that they have at least one. With inflation and interest rates forcing millions across the U.S. to consider the state of their finances, the survey from Bankrate.com discovered that not saving enough for retirement is the...
Who says we all can’t get along? Surely not the folks in statehouses enacting auto-IRA programs. Three new auto-IRA programs were passed this year by state legislatures in Minnesota, Nevada, and Vermont, plus one new multiple-employer plan in Missouri. Tally it all up and, as of mid-June, a total of 19 states had...
Remote work is a post-Covid fact of life. So it’s not surprising that the brokerage industry wants the Securities and Exchange Commission to speed up its review of proposals presented by the Financial Industry Regulatory Authority Inc. that would allow firms to permanently conduct remote supervision of their registered...
The Marriner S. Eccles Federal Reserve building in Washington, D.C.Stefani Reynolds/Bloomberg via Getty ImagesAfter a pause last month, experts predict the Federal Reserve will likely raise rates by a quarter of a point at the conclusion of its meeting next week.Fed officials have pledged not to be complacent about...
