markets

Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO

LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche…

Fugitive ex-CEO of investment firm arrested on securities, wire fraud charges

A former investment company CEO who previously appeared as a paid contributor to CNBC was arrested on fraud charges after…

Trump Media shares plunge 17% with newly available DJT shares set to dilute stock value

The stock price of Trump Media plunged by more than 17% in after-hours trading Tuesday after the Truth Social app…

The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator

The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author…

Trump Media shares close nearly 10% lower as sell-off continues

Shares of Trump Media & Technology Group fell nearly 10% on Tuesday, continuing the stock’s tumble following the conviction of…

Steve Cohen is set to make a big push into investing in AI

Billionaire investor Steve Cohen’s Point72 plans to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom, according…

Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%

Warren Buffett’s Berkshire Hathaway has scooped up more shares of Occidental Petroleum over each of the past nine trading sessions, driving his gigantic…

Google’s Android apps are coming in 3D via Xreal as competition with Apple’s Vision Pro heats up

BEIJING — Games and movies on Google Play Store apps can now be viewed in three dimensions via a new…