British neobank Monzo raises $430 million in Alphabet-led round to relaunch in the U.S.
British digital bank Monzo on Tuesday raised $430 million in fresh capital from investors to help it relaunch its services…
Here’s why Capital One is buying Discover in the biggest proposed merger of 2024
Capital One’s recently announced $35.3 billion acquisition of Discover Financial isn’t just about getting bigger — gaining “scale” in Wall…
Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors
Pershing Square’s Bill Ackman is set to offer a new investment vehicle listed on the New York Stock Exchange, aiming to…
These ETFs could help investors reduce Big Tech exposure
Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting…
January hiring was the lowest for the month on record as layoffs surged
Companies announced the highest level of job cuts in January since early 2023, a potential trouble spot for a labor…
Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%
Payments giant Mastercard says it has built its own proprietary generative artificial intelligence model to help thousands of banks in…
