• Aug 15, 2024

Canadian Pension Saves in Bond Market by Being Boring

(Bloomberg) -- Canada’s largest pension fund has found a winning formula to cut its borrowing costs: be more predictable.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public TransitCanada Pension Plan Investment Board started selling Canadian-dollar debt on a mo

• Aug 15, 2024

Dillard's Stock Tumbles After Earnings Miss as Sales Drop and Expenses Rise

Dillard's shares tumbled Thursday after the department store chain missed earnings and revenue estimates as sales slowed and costs rose.

• Aug 15, 2024

Robinhood Stock Rises After Reporting User Growth—and Getting an Analyst Upgrade

Shares of Robinhood Markets climbed Thursday after the e-brokerage posted strong user data and Deutsche Bank analysts upgraded the stock.

• Aug 15, 2024

Schumer Sets Stage for New Era of U.S. Crypto Politics

Wednesday's Crypto4Harris town hall showed Democrats are finally engaged with the industry. Still, it’s not clear what Harris thinks about crypto, or would do about it if elected.

• Aug 15, 2024

Schumer Sets Stage for New Era of U.S. Crypto Politics

Wednesday's Crypto4Harris town hall showed Democrats are finally engaged with the industry. Still, it’s not clear what Harris thinks about crypto, or would do about it if elec...

• Aug 15, 2024

Traders Shred Bets on Big Fed Rate Cuts on Resilient Economy

(Bloomberg) -- Treasury yields surged after signs of a resilient US economy in the latest data releases prompted traders to lower their expectations of aggressive Federal Reserve interest-rate cuts this year.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public T

• Aug 15, 2024

Mark Cuban Gets An Assurance Out Of Chuck Schumer: Will Pass 'Sensible And Long-Lasting' Crypto Law By Year-End

In a massive endorsement for cryptocurrencies from the Democratic faction, Senate Majority Leader Chuck Schumer (D) emphasized the importance of "sensible and long-lasting" regulation for the industry. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through this free crypto faucet? According to Cathie Wood, holding 6 Ethereum (ETH) could make you a millionaire, here’s why it can be true. Don’t miss out on the next Nvidia – you can invest in th

• Aug 15, 2024

Oil Driller Borr Sees Wave of Shallow-Water Rigs Retiring

(Bloomberg) -- Offshore oil contractor Borr Drilling Ltd. expects almost a third of the world’s fleet of shallow-water rigs to be retired in the coming years because of their age, leading to higher daily leasing rates.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Onl

• Aug 15, 2024

Why Grab Holdings Stock Was Sliding Today

The ride-sharing company slipped on a disappointing earnings report.

• Aug 15, 2024

Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon

The blame this time can't be laid on macro jitters as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines.