Bear market is not over yet, and will continue in 2023, Goldman Sachs warns
Goldman Sachs strategists on Monday said that the bear market is not over yet, and it could last through 2023 until the Fed stops hiking interest rates.
Crypto lender Genesis had sought emergency loan of $1 Billion
Crypto lender Genesis sought $1 billion in emergency loan to fend off a bank run, caused by FTX collapse, before suspending redemptions and loan issuance.
Sam Bankman-Fried’s FTX crypto collapse stems from ‘broken’ markets, tech entrepreneur says
AVA Labs President John Wu weighs in on the disastrous collapse of cryptocurrency exchange FTX and the widespread impact it will have on the markets.
Goldman Sachs unveils new lobbying push in Congress
Goldman Sachs is organizing a push to get Congress to revamp the Small Business Administration, arguing the organization is outdated and could cause problems for business owners.
Buffett-backed electric-car giant BYD halts spinoff of chip unit
BYD said in a filing on Tuesday that it is shelving the spinoff of BYD Semiconductor and the company’s listing on the Shenzhen Stock Exchange until an unspecified date.
Athletes, venture capital firms, others among victims in FTX collapse
FTX, one of the world's largest cryptocurrency exchanges, has rapidly collapsed. Here are some of the entities and individuals potentially impacted by it.
Who’s really to blame for FTX crypto collapse?
Who’s really to blame for FTX crypto collapse? Venture capitalists, investors and poor regulation share blame, while crypto problems drive investors to Bitcoin.
JPMorgan dodges a buyout-loan bullet
Private-equity firms, corporations and individuals that acquire companies often pay in part with loans made by investment banks to the businesses they buy.
FTX bankruptcy embroils its sports, celeb investors
Big-name athletes — like Tom Brady — and sports franchises have ties to cryptocurrency exchange FTX Trading, which filed for bankruptcy.
AOL co-founder Steve Case is leading a venture capital 'revolution' beyond Silicon Valley
America Online co-founder Steve Case says the pandemic accelerated a tipping point showing venture capitalists to look at startups beyond Silicon Valley.
FTX founder Sam Bankman-Fried's crypto collapse apology
FTX is crumbling and founder Sam Bankman-Fried is in crisis mode as he seeks a lifeline. China's Binance backed out of acquiring the company Wednesday.
What are I bonds and how do they work?
With soaring inflation, many investors are flocking to I bonds, which are inflation-adjusted savings bonds, to protect excess cash from losing its purchasing power.
What to do when you know what stocks will do next
The markets traded on Wall Street and elsewhere are anything but certain, even with insider knowledge, as moves by Meta, Bitcoin, Tesla, and the Fed show.
BlackRock headquarters stormed by protesters, some carrying pitchforks
Protesters demonstrated in the New York City office building housing investment management company BlackRock, according to footage posted on Twitter.
Billionaire investor Ray Dalio subject of unauthorized book
This 'unvarnished' and 'unauthorized' book about billionaire Wall Street Hedge fund investor Ray Dalio and Bridgewater is scheduled for next fall.
Top Wall Street CEOs revive warnings about US economic recession as inflation rages
JPMorgan CEO Jamie Dimon and Goldman Sachs CEO David Solomon revived their warnings about the U.S. economy during Saudi Arabia's investment conference in Riyadh.
3Q earnings reports, GDP, bonds progress and more: Monday's 5 things to know
GDP report from Commerce Department Thursday is expected to show the U.S. economy grew 2.1% in the third quarter. Investors will also be looking out for home sales data this week.
ETFs to handle a bear market
Incorporating diversification in your portfolio is a strategy that may reduce risk while investing. Experts share types of ETFs that may be safe picks in the current market environment.
Warren Buffett's Berkshire Hathaway completes $11.6B acquisition of insurer Alleghany
Berkshire Hathaway, billionaire Warren Buffett's company, bought insurance company Alleghany Corp. for $11.6 billion in cash, or $848.02 per share, and will leave the firm largely intact.
Day traders go back to their day jobs as stock market swoons
As workers return to the office, they have less time to use Reddit and invest as a hobby. High inflation and a volatile market are also to blame.