Citigroup Inc. was fined £61.7 million ($79 million) by British regulators for failing to prevent a "fat finger" mistake worth $444 billion.
Investors
SEC Approves Ether ETFs, Marking Major Milestone for Cryptocurrency Industry
The SEC has approved Ether ETFs, marking a significant milestone for the cryptocurrency industry by simplifying investments and potentially boosting wider adoption.
Teen Boys Are Investing Into Expensive Perfumes, Thanks to TikTok's Side of 'Smellmaxxing'
The "Smellmaxxing" trend on TikTok encourages teenage boys and girls in the US to increasingly invest in upscale designer perfumes, becoming a new demographic target for brands.
SpaceX Considers Selling Shares in Tender Offer, Eyeing $200 Billion Valuation
SpaceX is reportedly in discussions to sell existing shares in a tender offer that could value the company at around $200 billion.
Melinda Gates Invests in Female-Led Startups to Overcome 'Bro Culture' in Tech
Melinda French Gates revealed that she left the Gates Foundation to focus on empowering women leaders and combating tech's male-dominated culture, drawing from her four decades of experience at Microsoft and Pivotal Ventures.
Latest News
Robert F. Kennedy Jr. invested $24,000 in GameStop to show his support for retail investors against institutional money.
Investors are clashing over Elon Musk's $56 billion pay package, arguing it is not in Tesla's best interest as the company faces declining sales, slowing EV demand, and a 30% drop in stock price.
In its first quarter since going public, Trump Media & Technology Group, the company that owns Truth Social, reported a concerning loss and revenue of less than $1 million.
American stock trader Ivan F. Boesky, the man who inspired "Wall Street" villain Gordon Gekko, dies at 87.
The 10-year Japanese Government Bond (JGB) rose to its highest level in 11 years since a similar rating was recorded back in 2013.
The Federal Reserve and two other US regulators are reportedly considering a new plan to reduce a nearly 20% mandated increase in capital for the country's largest banks.
UPS has picked banking giant Goldman Sachs to handle its $43.4 billion pension fund assets in the United States and Canada.
Billionaire Frank McCourt is organizing a group to acquire TikTok's US businesses, joining a growing list of investors seeking chances under a new legal order to sell the platform's Chinese parent company.
Warren Buffet’s company Berkshire Hathaway divulged that it has recently made a $7 billion investment in Swiss insurer Chubb.
