Investment strategy

GameStop shares rise 21% — close well off highs — as ‘Roaring Kitty’ posts account with $116 million

Meme stock GameStop rallied again Monday on speculation that Keith Gill, the man who inspired 2021’s epic short squeeze, could…

The SEC ruling on Ethereum ETFs could mark a historic shift in crypto investing

VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities…

Italy is bracing for a record wave of tourists, but is having trouble handling them

Bellagio, Lake Como, Italy — When boat drivers start complaining about the tourists overrunning this famous lakeside resort, where Taylor…

Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’

When Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to…

Bill Ackman selling stake in Pershing Square at $10.5 billion valuation, aiming for IPO one day

Billionaire investor Bill Ackman is selling a 10% stake in Pershing Square, aiming to eventually take his investment firm public.…

Bank of America CEO says U.S. consumers and businesses have turned cautious on spending

U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates, according…

37% of Americans paid a late fee in the last 12 months, report finds

Many consumers are finding it hard to keep up with their bills. To that point, 37% of Americans have been…

Jim Chanos calls suit accusing him of embezzling funds ‘baseless and defamatory’

Famed short seller Jim Chanos called a lawsuit accusing him of embezzling funds for personal use, “false, baseless and defamatory.”…

Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago

Customers with funds locked up in crypto exchange Gemini’s defunct crypto lending program are finally going to start getting their…