U.S. debt downgrade sinks global markets — but economists are not concerned
Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the United States’ long-term credit rating — but top…
Some crypto assets are securities, Manhattan judge says, complicating Coinbase and Ripple cases
A Manhattan federal judge said in an opinion that cryptocurrencies are considered securities regardless of how they are sold. It allows…
State Street is cutting fees on 10 funds worth more than $70 billion combined
Asset management giant State Street is reducing the fees investors pay for a group of core ETFs, the company announced…
SEC sues entrepreneur, alleging $1 billion in unregistered crypto sales and multimillion-dollar fraud
The Securities and Exchange Commission on Monday filed charges against a U.S. citizen it alleged raised more than $1 billion…
Francisco Partners & TPG to take New Relic private in $6 billion all-cash deal
A consortium led by Francisco Partners and private equity group TPG will take software provider New Relic private in an…
Why substituting cryptocurrency for gold exposure may be a costly mistake
Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s…
Stocks making the biggest moves midday: Intel, Roku, Sweetgreen, Ford and more
Check out the companies making headlines in midday trading. Intel — The chip stock jumped more than 6% after the company…
