Cryptocurrencies have rapidly gained prominence over the last decade, presenting both opportunities and challenges for individuals, businesses, and regulators alike. As digital assets become more widespread, taxation laws are being shaped and adapted to accommodate them. However, the taxation of cryptocurrencies is a complex matter, with varying approaches and...
Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024.Qilai Shen | Bloomberg | Getty ImagesThe International Monetary Fund (IMF) warned of a possible worsening of the state of China's property market as it trimmed its growth expectations for the world's second-largest economy.In...
Check out the companies making headlines in extended trading: Texas Instruments — The semiconductor company added 2%. Third-quarter results topped analysts' estimates, as Texas Instruments reported earnings of $1.47 per share on revenue of $4.15 billion. Analysts sought earnings of $1.38 per share and revenue of $4.12 billion, per...
Danaher shares declined Tuesday despite the life sciences company returning its key bioprocessing business to growth in the third quarter. Danaher's revenue for the three months ended Sept. 27 advanced 3% year over year on a reported basis, to $5.8 billion, outpacing the LSEG consensus estimate of $5.59 billion....
Check out the companies making headlines in midday trading: Genuine Parts — Shares fell about 20% on the back of the company's weaker-than-expected earnings for the third quarter. During the period, Genuine Parts earned $1.88 per share, excluding items, below the $2.42 per share that analysts polled by FactSet...
Interface.ai, a customer automation platform for banks and other financial institutions, today announced that it closed a $30 million funding round led by Avataar Venture Partners. $20 million of the round was equity, while the remaining $10 million was in the form of debt. It’s Interface’s first outside capital;...
Cryptocurrencies have rapidly gained prominence...
Check out the companies making...
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.
Lana Payne celebrates on stage as Unifor, Canada's largest private-sector union, announce Payne as their new president to replace outgoing leader Jerry Dias in Toronto, Ontario, Canada, Aug. 10, 2022.Cole Burston | ReutersDETROIT — Canadian union Unifor and Stellantis have reached a tentative agreement early Monday morning, ending a...
Advisor Credit Exchange has added two former UBS senior leaders as its new CEO and COO. The tech platform that enables investment firms and advisors to access lending and cash management solutions was co-founded by Peter Stanton, who has decided to step down as chief executive but will remain with...
The fast growth and future potential of private markets have prompted specialist private assets firm Schroders Capital to launch a new unit. With an initial $30 billion AUM and 100 investment professionals, the Private Debt and Credit Alternatives unit will bring together the firm’s real asset debt, structured and corporate...
Employers in the US probably tempered their pace of hiring this month after beefing up payrolls by the most since the start of the year, consistent with a sturdy labor market that’s powering economic expansion. Government data on Friday are projected to show payrolls in the world’s largest economy increased...
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon plans to sell shares currently worth about $141 million, the first such transaction since he took the helm at the Wall Street giant almost 18 years ago. Starting next year, Dimon and his family will dispose of 1 million of the...
Following a strong performance by European banking stocks this year, investors should now bet on declines in the sector as lenders are at risk from a looming peak in bond yields, according to JPMorgan Chase & Co. strategists. Any drop in yields, or interest-rate cuts by the European Central Bank...
The financial world’s computer-loving crowd is preparing for the dawn of a new AI-powered era — but that doesn’t mean they’re ready to fully embrace the technology just yet. In an Invesco survey of systematic investors with $22.5 trillion under management, 62% said artificial intelligence is going to be just as important...
