Finance

SoFi CEO defends decision to hold guidance steady

Shares of SoFi plunged more than 15% Wednesday after the company declined to rai...

PayPal’s new CEO makes Venmo a standalone business unit...

PayPal CEO Enrique Lores has this week told managers that he is reorganizing the...

Bessent defends U.S. dollar swap lines as Iran war harm...

Treasury Secretary Scott Bessent on Friday defended the possibility of the U.S. ...

Bettors on Kalshi now see Warsh likely confirmed by mid...

Odds that Kevin Warsh will be confirmed as chairman of the Federal Reserve in le...

Regulators are reportedly zeroing in on suspicious trad...

U.S. derivatives regulators are examining a handful of unusual oil futures trade...

Global hedge funds suffer worst losses since ‘liberatio...

Hedge funds are getting battered by the fallout from the escalating conflict wit...

Fivespan brings amicable activism to Appian in a bid to...

Company: Appian Corp. (APPN) Business: Appian provides business process manag...

Zohran Mamdani and the business exodus? New York’s offi...

Fears of a corporate exodus from New York City are likely to be a recurring feat...

Blue Owl caps private credit funds redemptions at 5% af...

Blue Owl is experiencing elevated redemption requests for two of its private cre...

Visa launches new AI tools to manage the charge dispute...

Visa is launching six new tools using artificial intelligence to modernize the p...

Moody’s cuts rating on private credit fund run by KKR a...

Moody’s Ratings on Monday downgraded a private credit fund run by KKR and Future...

Apollo gives investors only 45% of requested withdrawal...

Apollo, the asset management giant, told investors in its flagship private credi...

Fed still expects to cut rates once this year despite s...

The Federal Reserve is still expecting to cut interest rates once this year in s...

Here’s what changed in the new Fed statement

This is a comparison of Wednesday’s Federal Open Market Committee statement with...

U.S. stocks show little reaction to Trump’s extraordina...

The stock market showed little reaction to President Donald Trump’s extraordinar...

Fed’s Goolsbee says inflation could come ‘roaring back’...

Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday abo...