Wednesday, April 17, 2024
Stocks rose on Friday, the first day of March, as investors built on the market's strongest start to a year in nearly three decades. The S&P 500 ended the day up 0.7 percent at 2,803.69, closing above 2,800 for the...
Embattled German lender Deutsche Bank lost $1.6 billion on a single bond trade that involved insurance from Warren Buffett's Berkshire Hathaway, according to The Wall Street Journal. The bank bought a $7.8 billion portfolio of municipal bonds in 2007, according...
Presidents get a lot of the blame, but rarely get a lot of the credit for the performance of the stock market while they are in office. While some presidents like to take the credit for the performance of...
Ripple, Barclays’s tech accelerator and other investors have backed a $1.7 million round for SendFriend, a new remittance startup that will use the XRP cryptocurrency to move funds internationally. Announcing the news on Monday, the New York-based firm said the Mastercard Foundation,...
This year has been a wake-up call for investors that the stock market doesn't only go up in a straight line. Despite a 10% (or greater) correction occurring in the S&P 500 every 1.86 years on average since 1950,...
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