Finance
Latest news, analysis, and updates in finance.
290 Jobs Vanish as Robinhood Claims Record Strength
Robinhood is cutting 290 jobs while claiming record trading strength, framing layoffs as a leaner-growth test—not a survival move.
11 min read
Checkout Cash: Apple Pay Turns Amex Points Spendable
Amex cardholders can now redeem Membership Rewards inside Apple Pay, turning points into a checkout decision instead of a portal chore.
7 min read
Warsh’s Fed Holds Rates — and Puts 2026 Cuts on Trial
Warsh’s Fed held rates but raised its projected path, jolting crypto and stocks while pushing back on hopes for 2026 cuts.
7 min read
$24B Frozen Iranian Assets Could Pay Gulf Allies' War Bills
$24B in frozen Iranian assets could be redirected to Gulf allies, turning sanctions leverage into war-damage funding.
8 min read
$25 Cash App Wand Bets You’ll Show Off Tap-to-Pay
Cash App’s $25 NFC wand turns tap-to-pay into a visible flex, betting payments can be social hardware instead of hidden wallet plumbing.
6 min read
9-0 Supreme Court Ruling Lets SEC Claw Back Profits
The SEC can claw back illegal profits nationwide without proving specific investor losses after a unanimous Supreme Court win.
7 min read
$250B Wipeout Exposes Broadcom’s AI Chip Forecast Miss
Broadcom’s 143% AI chip growth wasn’t enough. A soft forecast erased $250B and reset the AI trade’s risk bar.
8 min read
Lloyds App Outage Locks Thousands Out of UK Accounts
Thousands of Lloyds, Halifax and Bank of Scotland users were locked out of apps and online banking during a morning outage.
5 min read
GoPro's Auditor Warns It Could Go Dark as Shares Sink
GoPro’s auditor backed management’s going-concern warning, raising default fears as shares fell 8% premarket.
10 min read
Hong Kong IPO Raids Hit China Banks as SFC Digs In
SFC raids on CCBI and CSCI put Hong Kong’s IPO gatekeepers under scrutiny as listing revival collides with enforcement.
8 min read
$49.7M ETF Flip Sends AI Bets to Small-Cap Tech Stocks
PSCT’s $49.7M inflow ends four years of bleeding as investors chase AI gains beyond Nvidia and Microsoft.
8 min read
Hong Kong IPO Raids Seize Devices, Rattle China Banks
Hong Kong's SFC raided two China-linked IPO bankers, seizing records and devices in a misconduct probe.
5 min read