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BlackRock’s Larry Fink embraces crypto: ‘I believe bitcoin is legitimate’

That was BlackRock Inc. co-founder and CEO Larry Fink saying his initial skepticism of cryptocurrencies like bitcoin has been assuaged, in an interview...
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Banking

Citigroup CEO Jane Fraser got a raise last year, but still makes less than rival bank CEOs

Published: Feb. 20, 2024 at 6:40 p.m. ET Citigroup Chief Executive Jane Fraser got a roughly 6% year-over-year raise...
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Banking

Barclays targets £2bn in cost-cuts, rejigs investment bank top team

Barclays will strip out £2bn in costs over the next three years as the UK lender attempts to add more balance to its...
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Business

Nvidia’s earnings report could kill the momentum driving U.S. stocks higher

Wall Street is growing increasingly uneasy about an options-driven momentum trade that has helped push the S&P 500 index into record territory. As...
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Crypto News

Coinbase’s stock soars 7% after crypto platform swings to profit

Published: Feb. 15, 2024 at 4:30 p.m. ET Coinbase Global Inc. shares jumped 7% in the extended session Thursday...
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Business

Biden adviser calls for grocers to lower profit margins as high prices persist

Published: Feb. 15, 2024 at 11:43 a.m. ET A top Biden economic adviser on Thursday pressed on with the...
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Crypto News

Bitcoin regains $1 trillion market cap after a tumultuous two years for crypto

Bitcoin has regained its $1 trillion market capitalization on Wednesday, as the crypto industry works to recover from a tumultuous two years. Interest...
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Crypto News

Robinhood stock soars more than 10% as company’s revenue gets boost from crypto

Robinhood Markets Inc.’s stock roared...
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