Latest Market News

Sep 20
Coronavirus tally: UN head highlights challenge of dealing with COVID as one of many issues putting world in ‘great peril’

The head of the United Nations is highlighting the challenge of dealing with the persisting COVID pandemic as one of the major challenges that has the world in “great peril” in speeches and remarks leading up to this week’s General Assembly. The climate crisis, increasing poverty and inequality are also featuring as key issues for […]

Sep 20
Congress demands crypto payments notification from State Department when helping Ukraine

The bill amendment demands the Secretary of State submit reports to congressional committees explaining why the State Department made the determination to pay out rewards in cryptocurrency. 919 Total views 9 Total shares A new bill demanding a congressional notification prior to payments of United States Department of State rewards using cryptocurrencies has surfaced as […]

Sep 20
Walgreens stock falls toward near 2-year low, to pay $1.4 billion for remaining stake in Shields Health

Shares of Walgreens Boots Alliance Inc. WBA, -0.86% shed 0.3% toward a near two-year low in midday trading Tuesday, after the drug store services company said it would spend $1.37 billion to buy the remaining 30% stake in specialty pharmacy company Shields Health Solutions that it didn’t already won. Walgreens expects the latest purchase to […]

Sep 20
Etsy stock falls after analyst sees ‘limited opportunities’ for valuation upside

Shares of Etsy Inc. ETSY, -3.01% slumped 3.2% in morning trading Tuesday, after the BofA Securities analyst Curtis Nagle’s lackluster call on the online crafts marketplace, calling the company an “eclectic, high margin” e-commerce company, but “not at a bargain price.” Nagle initiated Etsy with a neutral rating and stock price target of $120, as […]

Sep 20
Banks raise less money from debt and equity deals in August

Capital markets issuance by U.S. banks fell to $4.65 billion in August, down nearly 28% from year-ago levels and a drop of 64% from July, S&P Global Market Intelligence said Tuesday. Senior debt remained the largest deal type in August with $3.2 billion, down 72% from July’s total of about $12 billion. Issuance of subordinated […]

Sep 20
Nasdaq names Gemini executive to head up new digital assets unit

Nasdaq Inc. NDAQ, -1.61% said Tuesday it’s launching its Nasdaq Digital Assets unit to offer proprietary custody services with liquidity and execution services for financial institutions. Nasdaq named Ira Auerbach as senior vice president and head of digital assets. He has joined Nasdaq from Gemini, where he most recently worked as global head of Gemini […]