Brian Armstrong, and others from the Coinbase team took to Twitter on Thursday evening to discuss the SEC’s warning of potential securities charges.
Market Extra: The stock market hit a pandemic bottom 3 years ago. Here’s how it has performed since then.
It has been three years since the U.S. stock market hit its COVID-19 bottom as the global economy suddenly shut down at the onset of the pandemic in early 2020.
ETF Wrap: Got gold? Biggest gold ETF attracts investors as the ‘safe haven’ yellow metal shines
There’s been a bit of a gold rush lately.
Lawrence G. McMillan: ‘Every time the bulls think they can celebrate, the Fed or the Treasury throws cold water on the party.’
This rally so far is an oversold one. S&P 500 resistance is at 4040, with support at 3760, writes Lawrence McMillan.
The Fed: Emergency borrowing from Fed dips, a sign that bank stress may be easing
Banks slightly reduced emergency borrowing from the Federal Reserve last week in the wake of the failure Silicon Valley Bank. They drew $163.9 billion in credit.
: Why Thursday’s House hearing on TikTok was different than previous tech beatdowns
By the time embattled TikTok Chief Executive Shou Zi Chew concluded a grueling five hours on the stand before a bipartisan House committee Thursday, this time felt different.
The Ratings Game: The tech hardware industry is full of red flags, and this analyst sees only one exception
Most tech segments and companies involving hardware “remain troubled,” and the forecast is “mixed” at best with one exception, one Wall Street analyst remarked.
: Signature Bank provided critical services to law firms. Now they’re weighing their next move.
Lawyers are keen to get information on what the collapse of Signature Bank means for them and their clients.
: Yellen says U.S. would take ‘additional actions’ to stabilize bank system if necessary
Treasury Secretary Yellen on Thursday told lawmakers that the federal government would take extra steps to stabilize the U.S. banking system if necessary.
Personal Finance Daily: Signing up for a subscription might be easy — but canceling one can be a nightmare. The FTC wants to change that and more Americans are using ‘buy now, pay later’ services to pay for groceries
Thursday’s top personal finance stories.
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