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FinanceMar 31

Iran Conflict Concerns Impact Financial Markets and European Energy Prices

Wells Fargo reduced its S&P 500 target citing potential Iran war impacts, while electricity price gaps between Germany and France hit record levels.

2 sources
FinanceMar 21

Nevada Judge Orders Kalshi to Halt Prediction Market Operations in State

A Nevada state judge temporarily banned prediction market platform Kalshi from operating sports and election contracts in the state.

5 sources
FinanceMar 5

South Korea's Kospi Index Swings Dramatically, Falls 7% Then Rebounds Over 12%

South Korea's main stock index experienced extreme volatility, plunging 7% before staging a dramatic recovery surge of over 12%.

8 sources
FinanceMar 10

Bill Ackman's Pershing Square Files for $10 Billion U.S. IPO

Hedge fund manager Bill Ackman has filed for a U.S. initial public offering of Pershing Square Holdings seeking to raise $10 billion.

6 sources
FinanceApr 8

Delta CEO Reports Strong Q1 Demand While Constellation Brands Sees Revenue Decline

Mixed earnings results show Delta Air Lines experiencing broad-based travel demand growth while alcohol company Constellation Brands faces continued weakness.

2 sources
FinanceMar 24

Small Business Administration Faces Challenges Collecting COVID Relief Loans

The SBA lent $378 billion in COVID relief but is experiencing difficulty with loan repayment collections.

4 sources
FinanceMar 10

Saudi Aramco Reports Mixed Q4 Results, Announces Share Buyback Program

Saudi Arabia's state oil company posted fourth-quarter earnings while announcing a $3 billion share buyback amid regional tensions.

5 sources
FinanceMar 28

NYC Graduation Rates Fall by Largest Margin in Two Decades

New York City public school graduation rates experienced their steepest year-over-year decline in 20 years, according to newly released data.

2 sources
FinanceMar 17

BHP Appoints Americas Chief Brandon Craig as New CEO

Mining giant BHP has selected Brandon Craig, head of its Americas operations, to succeed Mike Henry as chief executive officer.

4 sources
FinanceApr 4

Parent PLUS Loan Consolidation Deadline Approaches for Affordable Payment Plans

Parents with federal PLUS loans face a June 30 deadline to consolidate into new loans to maintain affordable payment options.

2 sources
FinanceMar 17

Mastercard to Acquire Stablecoin Startup BVNK for Up to $1.8 Billion

Payment giant Mastercard announced plans to acquire stablecoin infrastructure company BVNK in a deal valued at up to $1.8 billion.

3 sources
FinanceMar 20

Hedge Funds Ban Employee Trading on Prediction Markets Amid Growing Scrutiny

Major hedge funds Point72 and Balyasny have prohibited staff from betting on prediction markets as the industry faces increased regulatory and public scrutiny.

3 sources
FinanceApr 1

California Suspends VC Diversity Reporting Law After Industry Appeals

California has delayed enforcement of a law requiring venture capital firms to report diversity data on startup founders they fund.

2 sources
FinanceMar 30

Investor Bill Ackman Calls Fannie Mae, Freddie Mac 'Stupidly Cheap' as Stocks Rise

Hedge fund manager Bill Ackman described government-sponsored enterprises Fannie Mae and Freddie Mac as undervalued investments, contributing to stock gains.

2 sources
FinanceMar 20

Fed Officials Signal Cautious Approach to Rate Cuts Amid Economic Uncertainties

Federal Reserve officials express measured views on potential rate cuts as they assess labor market conditions and geopolitical risks.

3 sources

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