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Investing
Investors shun high-yield debt ETFs despite gains as broader bond market stumbles
Hello! This week’s ETF Wrap digs into junk bond performance and flows. Please send feedback and tips to [email protected] or…
Russia brings back capital controls to shore up the ruble
Russia has reimposed some of the capital controls it introduced in the wake of its full-scale invasion of Ukraine in a new attempt to prop up…
LendingClub to cut staff by around 14% as higher interest rates take a bite
Online lending platform LendingClub Corp. on Thursday said it would reduce its workforce by around 14%, or 172 employees, as it navigates the economic impact…
EU officials warn TikTok over Israel-Hamas disinformation
EU officials warned TikTok Thursday about “illegal content and disinformation” on its platform linked to the war between Hamas and Israel,…
AMC stock extends winning streak to 5 days, boosted by Taylor Swift concert movie
Shares of AMC Entertainment Holdings Inc. ended Thursday’s session up 5.6%, extending their winning streak to five sessions as Taylor Swift’s eagerly…
Flexport to cut 20% of staff one month after CEO shakeup
Supply chain management company Flexport said it plans to lay off 20% of its workforce on Friday, just one month after a chaotic CEO shakeup…
Cassava shares plummet after investigation accuses researcher of ‘egregious misconduct’
Shares of biotech company Cassava Sciences Inc. were slammed in extended trading Thursday, after the publication Science reported that an investigation…
From Birkenstock to Instacart: IPOs are in a rut
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
Cryptocurrencies are touted as resilient during wars, but bitcoin is falling since Hamas attacked Israel
Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. Bitcoin
BTCUSD,
+0.09%
has traded lower since the…
Microsoft Outlook will soon write emails for you
Artificial intelligence could soon be writing more company emails in Microsoft Outlook, as the company expands its rollout of AI tools for…