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Tag: business


Finance Tech, Trading

How major US stock indexes fared Tuesday

August 3, 2021

Via: ABC News

Stocks shook off a wobbly start and ended higher Tuesday as traders weighed another big set of company earnings reports. Investors were also closely monitoring the latest developments with COVID-19 and its potential impact on a still-recovering economy amid the […]


Finance Tech, Liquidity

Gold Price Technical Outlook Warns of Looming Death Cross Formation

August 3, 2021

Via: DailyFX

The price of gold appears to have reversed course following the failed attempt to test the July high ($1834), and the precious metal may continue to give back the rebound from the June low ($1751) as it initiates a fresh […]


Finance Tech, Mobile Banking & Payments

Bank Collaborations Key To Faster Payment Initiatives

July 28, 2021

Via: PYMNTS.com

SWIFT’s latest product launch signals its continued efforts to accelerate and boost transparency in global B2B payments. But it’s also a reflection of the importance of industry collaboration between banks and FinTech innovators, with traditional financial institutions (FIs) often an […]


Financial Services, Trading

Global markets sink ahead of Fed update on economy

July 27, 2021

Via: ABC News

Global stock markets declined Tuesday as investors looked ahead to a Federal Reserve report for an update on when U.S. stimulus might start winding down. London and Frankfurt opened lower while Shanghai and Hong Kong declined. Tokyo advanced. On Monday, […]


Finance Tech, Liquidity

Bitcoin mining stocks surge as the cryptocurrency rallies towards $40,000

July 26, 2021

Via: Markets Insider

Shares of cryptocurrency mining companies soared in early Monday morning trading as bitcoin staged a rally to a six-week high above $38,000. Marathon Digital Holdings and Riot Blockchain both jumped 18% premarket. Crypto mining peers including Bitfarms (up 17.6%), Bit […]


News

Payments M&A is hot, but deals could face antitrust scrutiny

July 26, 2021

Via: Payments Dive

The pandemic ushered in an era of mass digital adoption as consumers looked to fight off the chances of contracting the virus. Digital payments volume and “the number of digital accounts increased significantly in 2020 as online commerce represented a […]


News

Bend Financial Meets HSA Investing Surge with Expanded, Fully Integrated Investment Offering

July 15, 2021

Via: Markets Insider

Bend Financial (Bend), an industry-leading health savings account (HSA) provider, today announced the expansion of its HSA investment platform to now include a fully integrated investment offering that provides HSA investors seamless access to fractional trading, multiple investment models, exchange-traded […]


Finance Tech, Trading

Carver Bancorp Triples in Apparent Meme Stock Boost

July 8, 2021

Via: TheStreet

Carver Bancorp (CARV) – Get Report more than tripled on Thursday as one of the country’s oldest and largest African-American-backed financial institutions caught the attention of retail traders. Shares of the New York company at last check were trading at […]


Energy, Industries

Oil Price Rebound Emerges as US Inventories Contract for Eighth Week

July 8, 2021

Via: DailyFX

The price of oil extends the rebound from the weekly low ($70.76) as US inventories contract for eight consecutive weeks, but recent price action warns of a larger correction in crude as it extends the series of lower highs and […]


Finance Tech, Trading

4 Cloud Stocks to Buy in July

July 7, 2021

Via: Investing.com

The cloud computing industry is expected to grow substantially in the coming months driven by the rapid digitalization and commercialization of 5G, among other factors. So, it could be wise to bet now on Workday (NASDAQ:WDAY), Teradata (TDC), Cloudera (NYSE:CLDR), […]