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May 20, 2022
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Tag: Financial services

Business

Bitcoin records 7 consecutive weeks of losses. Could it turn around?

May 20, 2022 - by admin - Leave a Comment

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest …

Bitcoin records 7 consecutive weeks of losses. Could it turn around? Read More
Business

Bitcoin records 7 consecutive weeks of losses. Could it turn around?

May 20, 2022 - by admin - Leave a Comment

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest …

Bitcoin records 7 consecutive weeks of losses. Could it turn around? Read More
Business

Mortgage Lenders Are Playing Defense

May 19, 2022 - by admin - Leave a Comment

Mortgage lenders have been squeezed by rising rates and falling volumes. Investors should be paying attention to when they push back. Home-lending rates in mid-May hit their highest level since …

Mortgage Lenders Are Playing Defense Read More
Business

More Crypto Market Turmoil Is Predicted by SEC Chairman Gary Gensler

May 19, 2022 - by admin - Leave a Comment

WASHINGTON—Securities and Exchange Commission Chairman Gary Gensler said Wednesday he worries that more investors will be harmed in cryptocurrency markets, after this month’s implosion of the stablecoin known as TerraUSD. …

More Crypto Market Turmoil Is Predicted by SEC Chairman Gary Gensler Read More
Business

Melvin Capital to Close Funds, Return Cash to Investors

May 19, 2022 - by admin - Leave a Comment

Melvin Capital plans to close its funds and return the cash to its investors, capping a stunning reversal for a firm that lost big on the surge in meme stocks …

Melvin Capital to Close Funds, Return Cash to Investors Read More
Business

Elon Musk Calls ESG ‘An Outrageous Scam’ After Tesla Was Removed From Index

May 19, 2022 - by admin - Leave a Comment

Tesla inc. TSLA -6.80% was recently dropped from an equity index that tracks environmental, social and governance principles. Elon Musk isn’t pleased. In a slew of tweets, Mr. Musk, Tesla’s …

Elon Musk Calls ESG ‘An Outrageous Scam’ After Tesla Was Removed From Index Read More
Business

Opinion: The odds are against Elon Musk making Twitter a more profitable company

May 18, 2022 - by admin - Leave a Comment

Elon Musk may be discovering what experts in organizational behavior have known for years: white knights rarely rescue companies. This could explain Musk’s reticence to go forward with his proposed …

Opinion: The odds are against Elon Musk making Twitter a more profitable company Read More
Business

Tesla Got Kicked Out of the S&P 500 ESG Index. Why That’s a Shock.

May 18, 2022 - by admin - Leave a Comment

The US produces about 40% of its electricity from nuclear power and renewable sources. Chris Delmas/AFP via Getty Images Textsize Tesla no longer qualifies for inclusion in the S&P 500 …

Tesla Got Kicked Out of the S&P 500 ESG Index. Why That’s a Shock. Read More
Business

Powell: Fed to keep hiking rates until it controls inflation

May 18, 2022 - by admin - Leave a Comment

WASHINGTON — Chair Jerome Powell on Tuesday underscored the Federal Reserve’s determination to keep raising interest rates until there is clear evidence inflation is steadily falling — a high-stakes effort …

Powell: Fed to keep hiking rates until it controls inflation Read More
Business

Allianz Subsidiary Pleads Guilty to Defrauding Investors as Part of $6 Billion Settlement

May 17, 2022 - by admin - Leave a Comment

One of Allianz SE‘s ALIZF -1.73% US investing divisions pleaded guilty to securities fraud and agreed to pay about $6 billion in penalties and restitution to investors who suffered losses …

Allianz Subsidiary Pleads Guilty to Defrauding Investors as Part of $6 Billion Settlement Read More

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