Some crypto assets are securities, Manhattan judge says, complicating Coinbase and Ripple cases
A Manhattan federal judge said in an opinion that cryptocurrencies are considered securities regardless of how they are sold. It allows…
State Street is cutting fees on 10 funds worth more than $70 billion combined
Asset management giant State Street is reducing the fees investors pay for a group of core ETFs, the company announced…
Stocks making the biggest moves premarket: Uber, Gap, Caterpillar & more
Check out the companies making headlines before the bell on Tuesday. SoFi Technologies — The financial technology stock dropped 3.7%…
HSBC net profit more than doubles in the first half, announces $2 billion share buyback
HSBC’s net profit more than doubled to $18.1 billion in the six months ended June, a sharp spike compared to…
Stocks making the biggest moves after hours: Yum China, Western Digital, ZoomInfo and more
Check out the companies making headlines in extended trading. Yum China — The restaurant franchiser’s shares fell 3.4% following its…
Banks say conditions for loans to businesses and consumers will keep getting tougher
Lending conditions at U.S. banks are tight and likely to get tighter, according to a Federal Reserve survey released Monday.…
Stocks making the biggest moves midday: SoFi, ON Semiconductor, Disney, Sweetgreen and more
Check out the companies making headlines in midday trading. SoFi Technologies – Shares of the fintech company popped 19.9% after…
SEC sues entrepreneur, alleging $1 billion in unregistered crypto sales and multimillion-dollar fraud
The Securities and Exchange Commission on Monday filed charges against a U.S. citizen it alleged raised more than $1 billion…
Francisco Partners & TPG to take New Relic private in $6 billion all-cash deal
A consortium led by Francisco Partners and private equity group TPG will take software provider New Relic private in an…
