Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve's supersized rate cut decision. Tesla and Meta jumped around 7% and 4%, respectively, while chip darlings Nvidia and ASML each advanced more than 5%. Edgewise Therapeutics —...
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a "recalibration" of policy at a pivotal moment for the central bank.At his news conference following Wednesday's open market committee meeting, Powell used variations of the word no fewer than eight times as he...
LAS VEGAS, United States, September 19th, 2024, ChainwireBlockchain storage layer Xandeum has announced that it will reveal its blueprint for scaling Solana storage at Breakpoint 2024 on September 20, 2024. At the flagship Solana conference in Singapore, Xandeum will also share details of its new storage-enabled liquid staking program...
Check out the companies making headlines before the bell. Darden Restaurants — Shares advanced nearly 11% after the restaurant operator announced a multiyear partnership with Uber for on-demand delivery later this year. The company reported weaker-than-expected quarterly earnings and revenue, however, as its sales weakened at Olive Garden and...
A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois.Scott Olsen | Getty ImagesDarden Restaurants on Thursday reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants."While we fell short of our expectations for...
Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's Monetary Policy Committee's interest rate decision is scheduled for release on Sept. 19. Bloomberg | Bloomberg | Getty ImagesLONDON — The Bank of England on Thursday said...
Toronto, Canada, September 19th, 2024, FinanceWirePushing the boundary of blockchain usage in Enterprise BusinessMorpheus.Network, the leading supply chain middleware, has announced that it has over 5000 nodes staked since it launched its innovative Trust.Supply Network. The program has already seen over 11.2 million MNW tokens bridged to Polygon Network.“The...
Federal Reserve Chair Jerome Powell...
LAS VEGAS, United States, September...
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.
Finding the right financial advisor to help with your financial needs and goals can be a very complicated process.There are so many things to consider.For example, every financial advisor has their own area of expertise. The services provided by financial advisors will vary based on the type of advisor...
The recession question is never far away and there is no consensus on when or how deep it will be. While wealth and asset managers expect a recession in the next year according to a recent poll, a panel of 14 chief economists from some of the largest U.S. banks...
Two Former Wells Fargo advisors, who oversaw approximately $280 million of assets, have joined Linsco by LPL Financial, the firm announced Monday. The father-son team of Michael and Wes Climer join fellow advisors at a dedicated Linsco office on Carnegie Boulevard in Charlotte, South Carolina. Mike Climer started his career at...
Wealthtender, an independent find-an-advisor website and SEC-compliant online review platform, has announced its acquisition of AGC, an online community for financial advisors. The acquisition will be completed around Oct. 1 and will provide over 450 financial advisors with digital marketing tools and access to a community of peers. According to...
Indexing, data, and research firm VettaFi has announced the enhancement of its solutions for asset managers with the acquisition of custom thematic indexing specialist EQM Indexes, LLC. EQM builds indexes using a quantitative, research-driven approach with indexes including online retail, rare earths & critical materials, blockchain technology, and the global...
A judge ordered a high-stakes family feud over the finances of Sen. Dianne Feinstein, the powerful 90-year-old California Democrat, to be moved out of court for private negotiations. Since early this summer, the fight has been playing out publicly between the families of two of San Francisco’s storied power brokers:...
Shoppers walk past a Bloomingdale's store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022.Victor J. Blue | Bloomberg | Getty ImagesMacy's said Tuesday that it has tapped international retail executive Olivier Bron as the next CEO of its upscale department store, Bloomingdale's.Bron will succeed...
