PayPal’s Stablecoin Debut Faces Headwinds, Bank of America Says
PayPal Holdings Inc.’s rolling out of a stablecoin will drive payments efficiencies and improve customer experience even though
2023-08-12 00:54
Yellow Sees Even More Interest From Lenders for Bankruptcy Financing
Yellow Corp. has drawn additional interest from potential financiers who are offering alternative bankruptcy financing for the short-haul
2023-08-12 00:50
GM, Ford Shares Slide With Strike Fears Fueling Investor Anxiety
The specter of crippling labor strikes and rising costs slammed stocks of the two major US automakers, putting
2023-08-12 00:28
SEC Delays Decision on ARK 21Shares Bitcoin ETF Filing
The US Securities and Exchange Commission has not yet come to a decision on whether to approve the
2023-08-11 22:53
Brazil Inflation Overshoots Forecasts Just as Key Rate Starts to Fall
Brazil’s annual inflation accelerated for the first time in over a year, topping economist expectations, as the central
2023-08-11 21:17
Argentina’s Primary Election Has Investors Flying Blind
Argentina’s primary election on Sunday will be key in dictating how asset prices will move going forward —
2023-08-11 20:28
US Housing Market Recoups $3 Trillion Lost in Recent Slowdown
The US housing market has regained the nearly $3 trillion in value that was wiped out during the
2023-08-11 20:27
FC Barcelona to List Media Unit in NY in $1 Billion SPAC Deal
Spanish football’s FC Barcelona will list its content creation unit Barca Media in the US via a merger
2023-08-11 19:46
Maui Death Toll Climbs to 55 After Fire Destroys Hawaiian Resort
Hundreds of people are still missing after wildfires turned the historic Hawaiian town of Lahaina into ash and
2023-08-11 19:19
China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
2023-08-11 18:19
UPS Pay Hikes for Package Handlers Raise Pressure on FedEx
The raises won by United Parcel Service Inc. package handlers are going to put FedEx Corp. in a
2023-08-11 17:56
Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
2023-08-11 17:55