Dollar Signs

JPMorgan, BofA, Equifax, And Others May Get Relief After CFPB Dissolution

Rishabh Mishra | February 10, 2025

Over the weekend, the Consumer Financial Protection Bureau’s (CFPB) operations were unexpectedly suspended. This followed DOGE lead Elon Musk’s apparent call for the agency’s dissolution in an X post on Saturday, where he wrote “CFPB RIP.” The decision is expected to benefit financial firms facing ongoing enforcement actions. What Happened: Shortly after Musk’s post, the […]

This Tech Stock: ‘That Is A Terrific Situation’

Avi Kapoor | November 4, 2024

On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended buying CyberArk Software Ltd. (NASDAQ:CYBR). “That is a terrific situation, I’ve liked it for many, many years,” he added. On Oct. 29, Cantor Fitzgerald analyst Jonathan Ruykhaver maintained CyberArk Software with an Overweight and raised the price target from $300 to $335. “Any time I get […]

Why Is Transocean Stock Diving On Tuesday?

Lekha Gupta | September 3, 2024

Transocean Ltd (NYSE:RIG) shares are trading lower after the company entered asset sale deals and disclosed non-cash charges in the third quarter. The company announced that a subsidiary has agreed to sell the Development Driller III and associated assets for $195 million and the Discoverer Inspiration and related assets for $147 million. The company stated […]

OpenAI, Anthropic sign deals with US govt for AI research and testing

Reuters | August 29, 2024

(Reuters) -AI startups OpenAI and Anthropic have signed deals with the United States government for research, testing and evaluation of their artificial intelligence models, the U.S. Artificial Intelligence Safety Institute said on Thursday. The first-of-their-kind agreements come at a time when the companies are facing regulatory scrutiny over safe and ethical use of AI technologies. […]

Dollar General’s shares plunge as rising competition fuels forecast cuts

Reuters | August 29, 2024

By Anuja Bharat Mistry and Aishwarya Venugopal (Reuters) -Dollar General’s shares slumped 29% to a more-than-six-year low on Thursday after the discount retailer slashed its annual sales and profit forecasts, as competition for budget-conscious shoppers intensifies in the U.S. Dollar stores have come under pressure as deep-pocketed rivals such as Walmart and Target have doubled […]

Nasdaq Seeks SEC Approval for Bitcoin Index Options

Reuters | August 27, 2024

By Suzanne McGee (Reuters) – Nasdaq is seeking the green light from regulators to launch and trade options on a bitcoin index, the exchange operator said on Tuesday. The U.S. Securities and Exchange commission has yet to approve options based on any of the individual exchange-traded funds tied to spot bitcoin prices that made their […]

Oil climbs 3% as Libya output cuts further supply concerns

Reuters | August 26, 2024

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled 3% higher on Monday as production cuts in Libya added to supply concerns stemming from reports of escalating conflict in the Middle East. Brent crude futures closed $2.41, or 3.05%, at $81.43 a barrel, while U.S. crude futures settled $2.59, or 3.5%, higher at $77.42 a barrel. […]

Wall Street muted as investors look to Fed to confirm rate cuts

Reuters | August 21, 2024

By Lawrence Delevingne and Huw Jones (Reuters) -Global shares idled on Wednesday after a lengthy rebound propelled them towards recent record highs, and as investors awaited confirmation that the U.S. Federal Reserve would cut interest rates as expected. Fed officials last month were strongly leaning toward an interest-rate cut at their September policy meeting, according […]

Wall St ends higher, extending rally ahead of Jackson Hole

Reuters | August 19, 2024

By Stephen Culp NEW YORK (Reuters) – U.S. stocks advanced on Monday, building on their largest weekly percentage gain of the year as investors focused on the Democratic National Convention and the upcoming Jackson Hole Economic Symposium. The tech-heavy Nasdaq led all three major U.S. stock indexes to a higher close, with help from Nvidia, […]

Wall Street firms to pay over $470 million to settle with US regulators over texting

Reuters | August 15, 2024

(Reuters) – Another group of broker-dealer and investment advisers have agreed to pay over $470 million to U.S. regulators to settle civil charges they violated recordkeeping rules, the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission said in statements on Wednesday. Toronto-Dominion Bank’s TD Securities, BNY and Truist were among the Wall Street […]

Next Page »