Ethereum falls below $2.6k as whales dump ETH
Ethereum is down more than 5% in the past 24 hours to trade below $2,600 as altcoins show weakness. The top altcoin’s dip to lows...
Why a blistering bond-market rally may have already run its course
Fed rate cuts are associated with lower bond yields and higher prices. But history shows this isn’t always the case.
Here’s why Ferrari’s stock can zoom past $500, Morgan Stanley says
The iconic Italian automaker’s stock has gained more than 40% this year, but Morgan Stanley sees more upside.
Paramount’s stock slides after Edgar Bronfman Jr. pulls bid, but bondholders seem to like the news
Spreads on the company’s most liquid bonds tightened by about 10 basis points on Tuesday, after steadily tightening since Friday.
Foot Locker’s second-largest shareholder has been selling stock ahead of earnings
Foot Locker’s second-largest shareholder has trimmed its stake by more than 9%, just days before the athletic shoe and apparel retailer is set to report...
Ascend Wellness becomes third cannabis company to jettison its chief executive this month
Ascend Wellness Holdings Inc. has named a new chief executive, the New York-based cannabis company said Thursday. It is the third big North American cannabis...
A bigger Fed rate cut in September could spook investors
A shift to cutting interest rates may boost the economy — but how much help does the economy really need?
Home prices hit record high in June on S&P Case-Shiller Index
On a three-month running average ending in June, prices nationally were 5.4% higher than they were in June 2023, according to data released Tuesday.
Ondo Finance launches its permissionless yieldcoin USDY on Arbitrum
Ondo’s USDY yieldcoin is now live on Arbitrum, offering 5.35% APY for non-US investors. USDY integrated with Camelot and Dolomite for trading, lending, and yield...