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Dealmaking on Wall Street has dried up, and it’s costing big banks a fortune. Kim Kardashian could fix that. What’s happening: Goldman Sachs (GS) reported on Wednesday that its investment banking revenue declined by 20% in the second quarter of 2023. Overall, profit in the quarter fell by 58% fr...
Netflix — The streaming giant’s shares tumbled more than 5% after posting its quarterly results Wednesday after hours. The company said it was too early to assess the effects of its crackdown on its password sharing and revenue from its ad-supported offering. In its latest quarter, Netflix poste...
The era of asset tokenization is upon us, and it’s high time traditional finance woke up to this game-changing reality. Tokenization — the process of digitizing assets onto a blockchain — is not just an innovation; it is an imperative. Traditional financial markets are staring disruption in th...
Melega announces a new strategic marketing partnership with RAKY (RAKY) for their upcoming fair launch on Gempad on July 19, 2023. This collaboration represents a union of excellence, combining the Melega ecosystem’s unwavering commitment to innovation with Raky’s groundbreaking potentia...
InvestorsObserver gives VVS Finance a strong short-term technical score of 82 from its analysis. The proprietary scoring system considers the token’s trading history over the past month to determine the strength of its short-term technicals. VVS has currently traded better than 82% of tokens b...
RON DESANTIS’ CAMPAIGN has let go of several staff members just two months into it hitting the campaign trail while it deals with bleeding cash in its effort to stave off Donald Trump’s lead for a Republican presidential nomination bid. According to NBC News, in the campaign’s first six weeks,...
The stubbornly high inflation in the US and the indigestion of the excesses driven by record-breaking funding in 2021 could mean startups are yet to face the worst of the downturn, according to the US-based venture capital firm General Catalyst’s Managing Director Deep Nishar.The comments follow a...
The Federal Reserve on Wednesday decided against what would have been an 11th consecutive interest rate increase as it measures what the impacts have been from the previous 10. But the decision by the Federal Open Market Committee to hold off on a hike at this two-day meeting came with a projection ...
The long, expensive court fight over the will of soul singer Aretha Franklin provides a cautionary tale for people who want to make sure their wishes are carried out after their death — and for their families. A Michigan jury determined on Tuesday that a handwritten document by Franklin that was f...
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode: Improve your longevity literacy so you don’t retire too early (or late), then learn how debt affects your credit score. This Week in Your Money: Sean Pyles and Liz Weston delve into the...