Markets

Wholesale Prices Rose 0.2% in June, Exceeding Economists’ Expectations

Wholesale Prices Rose 0.2% in June, Exceeding Economists’ Expectations
Wholesale Prices Rose 0.2% in June, Exceeding Economists’ Expectations
July 12, 2024  |  Economy

The Producer Price Index (PPI), which measures wholesale prices, rose in June after seeing no change in May. Final demand prices rose 0.2% in June...

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Partnerships and SoFi’s Galileo BNPL Expansion Lead FinTech IPO Index 1.3% Higher
Partnerships and SoFi’s Galileo BNPL Expansion Lead FinTech IPO Index 1.3% Higher
October 13, 2023  |  Fintech Investments

Bank earnings start Friday. That means we’ll get management commentary on everything, from interest rates to loan performance to consumer spending. The read across will...

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Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
June 23, 2023  |  Retail

Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After...

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Global M&A Volumes Drop by 48% in First Quarter
Global M&A Volumes Drop by 48% in First Quarter
March 31, 2023  |  Partnerships

Global mergers and acquisitions (M&A) volumes dropped by 48% year over year in the first quarter. As of Thursday (March 30), M&A volumes for the...

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Report: Traders Making $70 Million Gamble on USDC’s Future
Report: Traders Making $70 Million Gamble on USDC’s Future
March 13, 2023  |  Cryptocurrency

The stablecoin USDC may have regained its dollar peg, but traders may not be in the clear. USDC traders could risk multi-million dollar liquidations if...

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LatAm’s dLocal Shares Drop 50% After Muddy Waters Questions Disclosures
LatAm’s dLocal Shares Drop 50% After Muddy Waters Questions Disclosures
November 16, 2022  |  Markets

Muddy Waters Capital has unveiled a short of Uruguay-based, U.S.-listed payments company dLocal Ltd. (DLO) in a report that drew a swift response from the...

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Lawmakers Debut House Version of Credit Card Competition Act
Lawmakers Debut House Version of Credit Card Competition Act
September 19, 2022  |  Credit Cards

A pair of U.S. congressmen have introduced the House companion to the Senate’s Credit Card Competition Act of 2022, designed to bring more choice to...

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Ethereum’s Moment in Sun Overshadowed as Markets Drive Crypto Down
Ethereum’s Moment in Sun Overshadowed as Markets Drive Crypto Down
September 07, 2022  |  Cryptocurrency

For crypto insiders, Tuesday, Sept. 6 was momentous. So why did the market fall off a cliff last night, with bitcoin down almost 6% and...

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