Breaking News: Markets

Gensler is testifying before Congress and facing increasing lawsuits over his many rule changes

Securities and Exchange Commission Chair Gary Gensler is testifying before the House Financial Services Committee today. It will be very much…

Stocks making the biggest moves premarket: Levi Strauss, Costco, ChargePoint, Mattel and more

Check out the companies making headlines in premarket trading. Sirius XM — Shares of the media company fell roughly 2%…

Binance to sell Russia business for undisclosed amount

Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company…

The U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says

The U.S. is in a weaker position now than when S&P downgraded its sovereign credit rating in 2011, according to…

Biden calls on Congress to fund government as Moody’s and Wells Fargo warn of shutdown effects

WASHINGTON — President Joe Biden on Tuesday asked Congress in a social media post to fund the government as warnings…

Stocks making the biggest moves midday: SiriusXM, Cintas, United Natural Foods and more

Check out the companies making headlines in midday trading. Cintas — Shares fell 5.3% after the company reported its 2024…

SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off

Virtual reality startup Improbable said Wednesday that it reduced losses by 85% in 2022, a year that saw the company…