Economy

Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec

Vijay Ayyar, a senior executive at cryptocurrency exchange Luno and one of its earliest employees, is leaving the company. Ayyar,…

Stocks making the biggest moves after hours: Arista Networks, Chegg, MGM Resorts, Stryker and more

Check out the companies making headlines in after-hours trading. Arista Networks — The cloud networking company slid 7% despite beating…

Lawmakers praise First Republic sale, but efforts to pass new bank rules are fizzling

WASHINGTON — Lawmakers who sit atop key banking committees praised the federal takeover of First Republic Bank on Monday, and…

Bitcoin pulls back to start May as First Republic Bank saga comes to an end

Cryptocurrencies took a dip on Monday to start the week and new month as investors bet the takeover of First…

Stocks making the biggest moves midday: JPMorgan Chase, General Motors, Exxon Mobil & more

Check out the companies making headlines in midday trading. First Republic, JPMorgan Chase — First Republic shares and were halted…

The First Republic deal has come at a crucial point for the markets and economy

JPMorgan Chase’s takeover of First Republic likely ends the panic phase of the banking crisis, with the fallout left to…

Stocks making the biggest moves premarket: First Republic, JPMorgan Chase, SoFi Technologies & more

Check out the companies making headlines before the bell: First Republic Bank, JPMorgan Chase — First Republic shares were halted…

Charlie Munger says the U.S. commercial property market is in trouble: FT report

Charlie Munger believes there is trouble ahead for the U.S. commercial property market. The 99-year-old investor told the Financial Times…

Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it

As luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to…

Actively managed funds come with unique risks and rewards. Here’s how investors can pick a winner

As investors navigate another uncertain year in markets, actively managed funds could add differentiated performance to their portfolios – if…