Stocks dropped on Wednesday as weak economic data and disappointing bank earnings dragged the major averages…
Category: Finance
Financial Health, Fintech, Investment, Payments
Dow drops more than 400 points as the coronavirus fuels deeper worries over the economy
Stocks fell sharply on Wednesday as dismal economic data and weak bank earnings fueled concerns over…
Here’s what happened to the stock market on Wednesday
Pedestrians walk past the New York Stock Exchange before the closing bell in New York. Bryan…
Citigroup’s first-quarter profit tumbles 46% as bank sets aside more money for loan losses
Chief Executive Officer of Citigroup Michael Corbat speaks at a European Financial Forum event in Dublin,…
Unicorn layoffs keep piling up as the economy gets worse
Earlier today a grip of new data presented a sharply negative picture of the American economy.…
Americans have lost $13.4 million to fraud linked to Covid-19
seksan Mongkhonkhamsao Americans have lost $13.4 million to coronavirus-related fraud since the beginning of the year,…
Stock futures point to a lower open as earnings, worries about the economy weigh on markets
Stock futures were lower in early trading Wednesday following a big rally in the previous session…
Coronavirus could cause more countries to default on their debt, economist says
An increasing number of countries could default on their debt in the coming 12-18 months as…
Credit Kudos raises GBP5M Series A to use open banking for credit scoring
Credit Kudos, a U.K. fintech using open banking to provide more accurate credit scoring, has raised…
Slite raises $11 million for its internal notes tool
French startup Slite has raised an $11 million Series A round led by Spark Capital with…
Chinese companies still hope for New York IPOs — despite recent fraud, scandals and coronavirus
Xueling Li, chairman of Huya Inc., center left, rings a ceremonial bell with Rongjie Dong, chief…
‘I don’t know how small businesses are doing it’: One owner’s struggle to apply for a loan
Ten days after banks began accepting loan applications from small businesses hurting from the coronavirus pandemic,…
Stock futures flat as investors digest signs coronavirus pandemic is easing
Stock futures were flat in overnight trading following a big rally in the previous session fueled…
Adriel brings automation to small business advertising
Adriel is a South Korean startup bringing automated ad tools to small businesses — and in…
Rocket Lab inks deal to carry Japanese startup Synspective’s first satellite into orbit
The well-funded Japanese space startup Synspective has tapped launch provider Rocket Lab to take its first…
7.5 million small businesses are at risk of closing, report finds
Yuka Ioroi, co-owner of Cassava restaurant on Balboa Street in San Francisco manages take-out orders on…
Stocks making the biggest moves after hours: JB Hunt, American Airlines, P&G and more
Tractor trailers sit parked at a J.B. Hunt Transport Services Inc. facility in Columbus, Ohio. Luke…
Labster’s latest partnership, and what it tells us about the future of remote learning
Labster, a virtual science lab edtech company, today announced that it is partnering with California’s community…
Stock market live Tuesday: Nasdaq jumps 4%, Amazon record, J&J vaccine hope
Signs that the coronavirus pandemic is easing drove stocks higher on Tuesday, even as the first…
Dow rallies more than 500 points on improving virus outlook, Amazon jumps to all-time high
Stocks jumped on Tuesday, resuming the market’s sharp rebound from last month’s lows, as investors grew…