US Banks Profit Rise Amid Credit Quality Concernsby Mark Eisenberg 05.09.2024US banks see profit increase, yet bad loans hit 11-year high as economic uncertainty looms.
Metaplanet Partners SBI VC Trade for Bitcoin Custodyby John Darbie 03.09.2024Metaplanet adopts bitcoin as reserve asset, partners with SBI VC Trade for custody to enhance financial strategy.
Texas Law Banning ESG Investments Faces Lawsuitby Mark Eisenberg 29.08.2024Business group sues Texas over 2021 law opposing ESG investments, citing constitutional violations and taxpayer losses.
Spire Global Updates Financing With Blue Torchby Mark Eisenberg 29.08.2024Spire Global amends financing with Blue Torch, waiving defaults and requiring a $10M loan payment.
Big Lots Considers Bankruptcy Amid Sales Declineby Mark Eisenberg 29.08.2024Big Lots' shares plummet 20% as the retailer weighs bankruptcy due to declining sales and plans to close 300+ stores.
LexinFintech’s Q2 2024: Revenue and Profit Surgeby Mark Eisenberg 28.08.2024LexinFintech reports a 12.3% revenue increase in Q2 2024 with strategic overseas expansion and enhanced risk management.
Primis Financial Faces Nasdaq Compliance Deadlineby Mark Eisenberg 28.08.2024Primis Financial receives Nasdaq notice for delayed SEC filings; aims for compliance by September 30, 2024.
US Treasury 2-Year Notes See Lower Yieldby Mark Eisenberg 28.08.2024US Treasury sells $69B 2-year notes at lower yield, amid rate cut expectations. Demand drops, with bid-to-cover at 2.68.
Rapid Finance’s Lynx Platform Demos at FinovateFallby Mark Eisenberg 27.08.2024Rapid Finance to showcase Lynx, a data-driven lending platform, at FinovateFall, highlighting AI-ready data management features.
Fed Signals Possible Larger Rate Cut Amid Labor Concernsby Mark Eisenberg 27.08.2024Fed's Daly hints at bigger rate cut if labor market weakens. Job report on Sept. 6 crucial before FOMC meeting.