The bank joins a list of financial services firms that have debuted or are considering stablecoin initiatives.

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down by -0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.46%. September E-mini S&P futures (ESU25 ) fell -0.40%, a

It always pays to look beyond stock price.

The dollar index (DXY00 ) on Thursday rose by +0.41% and posted at a 1.5-week high. The dollar garnered support from hawkish Fed comments. Kansas City Fed President Jeffrey Schmid said “modestly restrictive” monetary policy is still appropriate due to inf

October WTI crude oil (CLV25 ) on Thursday closed up +0.81 (+1.29%), and October RBOB gasoline (RBV25 ) closed up +0.0281 (+1.43%). Crude oil and gasoline prices rallied on Thursday, with crude posting a 2-week high and gasoline posting a 2.5-week high. C

American investor George Soros is investing in health insurance stock UnitedHealth leading to a spike.

The world’s largest cryptocurrency is down almost 5% after notching an all-time high one week ago.

A number of stocks fell in the morning session after markets continued to decline, as investors grew cautious ahead of a key speech by Federal Reserve Chair Jerome Powell. The move came as U.S. equity markets recorded a fifth consecutive day of losses for

A number of stocks fell in the afternoon session after markets continued to decline, as investors grew cautious ahead of a key speech by Federal Reserve Chair Jerome Powell. The move came as U.S. equity markets recorded a fifth consecutive day of losses f

A number of stocks fell in the afternoon session after markets continued to decline, as investors grew cautious ahead of a key speech by Federal Reserve Chair Jerome Powell. The move came as U.S. equity markets recorded a fifth consecutive day of losses f

CoreWeave stock inches up as Jane Street reveals a 5.4% stake in the AI infrastructure firm. A HCW analyst says CRWV shares could climb back to $180.

Allianz advisor Mohamed El-Erian named BlackRock's Rick Rieder and former Fed governor Kevin Warsh as top candidates to replace Jerome Powell as Fed chair.

The US restaurant industry is feeling the effects of inflation and a slowing economy, with some fast-casual chains like Chipotle and Sweetgreen seeing their shares sink. Bloomberg's Daniela Sirtori reports.

A number of stocks fell in the morning session after markets continued to decline, as investors grew cautious ahead of a key speech by Federal Reserve Chair Jerome Powell.