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Investing
UBS chairman wants a ‘bloodless coup’ like Morgan Stanley’s when it’s time for Swiss bank’s new CEO
UBS Chairman Colm Kelleher has said he hopes the process of appointing a new CEO to succeed current chief Sergio Ermotti will be a “bloodless coup,” in a similar…
FTC can seek tough new restrictons on Meta’s use of personal data, federal judge rules
A federal judge will not block the US government from expanding a landmark $5 billion privacy settlement with Instagram-parent Meta, paving…
Large cryptocurrencies climb on Dogecoin, Solana increases
All large cryptocurrencies were up during morning trading on Tuesday, with Dogecoin Dogecoin USD seeing the biggest move, climbing 2.87% to 8 cents. Solana Solana…
US home prices hit another record high in September, rising for the eighth straight month
US home prices continued to rise in September, hitting a new record high and marking the eighth consecutive month of increases, according to…
Affirm’s stock wins over a former skeptic as BNPL trends seem to be improving
While Affirm Holdings Inc. shares are up some 200% so far this year, they’ve lost about half their value since early February 2022. But a Jefferies analyst doesn’t…
Tesla scores court win in Sweden in month-long battle with unions
Elon Musk has notched a victory against Swedish workers as a court ruled that Tesla can collect license plates for its cars from the country’s…
Don’t read too much into those Black Friday and Cyber Monday spending totals
How many people are on your holiday shopping list this year? Are you going to splurge or bargain hunt? Will you spend within your means or…
New-home sales drop in October to much lower level than expected
The numbers: U.S. new-home sales fell 5.6% to a seasonally adjusted annual rate of 679,000 in October, from a revised 719,000 in September, the government reported…
Why investors are looking forward to 2024
It’s been a topsy-turvy year for markets, but the S&P 500 hit a four-month high last week and a growing chorus of analysts says that…
Cetera Closes Avantax Acquisition, Adds $82 Billion In Assets
Cetera Holdings said it closed its acquisition of Avantax, after shareholders of the tax-focused wealth manager voted Wednesday to approve Avantax’s sale to Cetera’s…