Fintech companies like Rocket Mortgage RKT, +0.89% and loanDepot Inc. LDI, +1.93% have become powerhouses in the U.S. mortgage market in recent years, deploying user-friendly technology to entice younger homebuyers to borrow with them rather than traditional banks. These tech-first …
Wow. It looks like millennials have totally solved the retirement crisis. And it turns out it was a lot easier than anyone realized. The solution? Cryptocurrencies, of course. A new survey of 4,000 people by Investopedia found that more millennials …
The Federal Reserve signaled its plans to increase a key U.S. interest rate by 1/2 percentage point steps at upcoming meetings if inflation remains high or gets even worse, according to minutes of the central bank’s last strategy session in …
Don’t miss these top money and investing features: Why the main semiconductor stock index is a better bet than the S&P 500 right now Stop panicking over the inverted yield curve — the odds of a recession are still low …
The latest Wall Street bank to try to make sense of the metaverse is Citi, which says the market for it might reach $13 trillion. In a 184-page research note, Citi C, -2.66% defines the metaverse in a broad way, …
The numbers: Private payrolls rose by 455,000 in March, according to the ADP National Employment Report released Wednesday. Economists polled by The Wall Street Journal had forecast a gain of 450,000 private sector jobs in March. The ADP report is …
A cryptocurrency startup that operates a popular online game called “Axie Infinity” said Tuesday that hackers stole more than $500 million worth of cryptocurrency. “Axie Infinity” publisher Sky Mavis Ltd. said on March 23, hackers infiltrated a part of its …
“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of BlackRock BLK, in his annual letter …
Bitcoin on Tuesday reached its highest level since March 3, despite an increasingly hawkish Federal Reserve. The cryptocurrency BTCUSD, +4.24% traded as high as $43,300 on Tuesday, according to CoinDesk data. Bitcoin was trading around $42,754, up 3.7% over the …
Bridgewater Associates, the world’s largest hedge fund, is reportedly planning to back a crypto fund for the first time. The hedge fund founded by billionaire Ray Dalio is preparing to invest in an external vehicle, while it currently does not …
The husband and wife “crypto couple” charged in connection with a $4.5 billion bitcoin heist in 2016 are in talks with prosecutors about copping a plea, according to a court filing on Monday. Ilya Lichtenstein, 34, and his wife Heather …
There are reasons to be optimistic that the Federal Reserve can bring inflation down without causing a recession, Fed Chairman Jerome Powell said Monday. The Fed is forecasting that it can raise its benchmark policy rate to 2.8% by 2023, …
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