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Recession Fears And A Slow Labour Market Exert Pressure On Stocks
There are concerns the global economy could be headed to a recession; something combined with a slowing labour market and rising unemployment,…
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Twitter Partners With eToro; Providing Real-Time Cryptocurrency And Stock Prices
Twitter has partnered with trading platform eToro to expand the services offered by “$Cashtags”, additionally users also now have the option to…
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Waave Raises $4.7M; Developing Open Banking Payments
Waave is a fintech company based out of Australia. Waave is claimed to be the first B2B and B2C payment platform using…
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U.S. Central Bank Raising Rates By 25 BPS In May; Repercussions On Financial Markets
Investors continue to watch carefully comments from Federal Reserve officials that could give more insight into the path of interest rates, but…
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Apple Launches High-Yield Savings Account In Partnership With Goldman Sachs
Tech giant Apple Inc. introduced a high-yield savings account Monday to its Apple Card services in collaboration with Goldman Sachs as part…
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BlackRock Contracted To Dispose Of Credit Suisse Asset-Backed Bonds
Credit Suisse has contracted the New York City-based investment company BlackRock to sell its portfolio of structured bonds. The securities of the…
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Macro Review Of Economic Data For The United States; CPI, Inflation, Fund Rates
The U.S. economy remains stable for now, and according to the official data that was released this Wednesday, the Consumer price index…
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Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform
Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+. Alongside Visa, Venmo,…
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Banks Are Losing Money On Mortgages Financed; Unaffordable Housing Prices Are The Cause
The Mortgage Bankers Association (MBA) stated that for the first time ever, in 2022, banks were losing money on every mortgage they’d…
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Silicon Valley Bank Deposits and Loans Bought by First-Citizens Bank
First-Citizens Bank will acquire the loans and deposits of Silicon Valley Bank (SVB), one of the crypto lenders that failed this month,…