Bob Cortright of DriveWealth Source: DriveWealth DriveWealth, the SoftBank-backed start-up that helps fintech firms like Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned. The New Jersey based start-up, valued at $2.85 billion in a recent fundraising, is acquiring a crypto firm founded by Harvard-trained quants and launching two subsidiaries to handle and
Maand: februari 2022
Sporrer/Rupp | Image Source | Getty Images When it comes to retirement, you probably have a lot of questions about whether or not you’re making the right financial moves. That may include uncertainty about investing and the best way to get the nest egg you think you’ll need. Chances are, you are overlooking potentially your
Klaus Vedfelt | DigitalVision | Getty Images The wealth gap between Black and white Americans has been persistent. That gap, of course, reveals the effects of accumulated inequality and discrimination. Despite certain gains in income and wealth for Black families in America, white families often have a net worth up to 10 times higher. Discriminatory
Prospective home buyers tour a model home at the PulteGroup Mirehaven housing development in Albuquerque, New Mexico. Sergio Flores | Bloomberg | Getty Images Consumers are feeling far more negative about the housing market this winter, as home prices continue to rise and now mortgage rates move higher as well. A monthly survey from Fannie
In this article F Bronco SUVs in production at Ford’s Michigan Assembly plant, June 14, 2021. Michael Wayland | CNBC DETROIT – Ford Motor is cutting production next week of several key products due to an ongoing global shortage of semiconductor chips. The automaker on Friday confirmed production downtime next week for the Ford Bronco
A worker removes cooled 12 kilogram gold ingots from their molds in the foundry at the Prioksky non-ferrous metals plant in Kasimov, Russia, on Thursday, Dec. 9, 2021. Andrey Rudakov | Bloomberg | Getty Images Gold prices have remained resilient in recent weeks in the face of broad market volatility, decoupling somewhat from its typical
The Chateau de Chambord, in the Loire Valley region of France. DEA / C. SAPPA | De Agostini | Getty Images France and Italy are home to some of the most storied castles, palaces and grand homes in the world, ranging from Loire Valley chateaux to Sicilian strongholds and French Riviera mansions. Many are available
China’s strict zero-Covid approach won’t be able to limit the spread of the highly infectious omicron variant, according to a U.S. epidemiologist. Beijing may not be able to use the same “authoritarian approaches” against omicron because the variant is unlike the others, Dr. Michael Osterholm, director of the Center for Infectious Disease Research and Policy,
U.S. stock index futures were little changed during overnight trading Sunday after the S&P posted its best week of 2022, boosted by quarterly earnings reports and a better-than-expected January employment report. Futures contracts tied to the Dow Jones Industrial Average advanced 0.11%. S&P 500 futures were flat, while Nasdaq 100 futures eased 0.1%. The S&P
Steve Debenport | E+ | Getty Images People who got raises last year might not see their paychecks stretch much farther. That’s because those increases in pay are up against the worst inflation in 40 years. Employers struggling to retain talent amid the so-called Great Resignation anticipated giving out larger pay increases and bonuses in
Private residential apartments and Housing & Development Board (HDB) public housing estates in the Sengkang area of Singapore, on Wednesday, Dec. 22, 2021. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Property prices in Singapore have climbed in the past two years, and will likely keep going up despite the government’s efforts to cool
Meta shares have collapsed by 20% following poor earnings results.