Breaking News: Markets

Goldman Sachs tops revenue estimates on better-than-expected asset management results

Goldman Sachs on Tuesday posted fourth-quarter results that topped analysts’ expectations on better-than-expected asset and wealth management revenue. Here’s what…

‘Very good chance’ that U.S. passes stablecoin laws this year, Circle CEO says

The CEO of Circle, the company behind popular stablecoin USD Coin, sees a strong chance that laws for stablecoin issuers…

Police arrest pro-Palestine protestors for ‘locking on’ plot to shut down the London Stock Exchange

London police on Sunday arrested six pro-Palestine activists for alleged plans to lock themselves to the doors of the London…

Why spot ETFs may be a game changer for bitcoin

The Securities and Exchange Commission’s approval of 11 spot bitcoin ETFs this week could be a turning point for cryptocurrency…

Morgan Stanley will pay $249 million to settle criminal, SEC block trade probes

Morgan Stanley has agreed to pay a total of $249 million to settle a criminal investigation and a related Securities…

Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul

Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and…

Bill Ackman is creating an activist organization to fight antisemitism, reform higher education

Hedge fund billionaire Bill Ackman, who recently fought a high-profile battle against Harvard University, said Friday that he’s starting an activist…

Wholesale prices unexpectedly fall 0.1% in December in positive inflation sign

Wholesale prices unexpectedly declined in December, providing a positive signal for inflation, the Labor Department reported Friday. The producer price…