Robinhood Crypto coming to New York after firm nabs coveted BitLicense
Robinhood, the California-based broker, now has the green light from regulators in New York to open up shop in the state, the firm said Thursday. The company announced that the New York Department of Financial Services granted Robinhood the so-called BitLicense, which is only held by a handful of crypto companies including Genesis Trading and...
Goldman Sachs-Backed Crypto Firm Circle Seeks $250 Mln In Funding: Report
Cryptocurrency startup Circle Internet Financial Ltd, which is backed by Goldman Sachs, is seeking to raise about $250 million in equity and debt, according to a report by technology news website The Information.
New York Digital Investment Group Granted BitLicense
New York's Department of Financial Services (DFS) has granted a BitLicense to the New York Digital Investment Group (NYDIG), allowing it to offer crypto-related services in the state.
U.S. new-home sales fell 1.7% in July –
WASHINGTON — Sales of new U.S. homes slumped 1.7 percent in July, the second straight monthly decline as the broader housing market appears to have lost some of its momentum despite an otherwise so…
JPMorgan Chase Opens First Retail Branch in Greater Boston | Business...
JPMorgan Chase today announced the opening of its first retail branch in Greater Boston along with new lending commitments and investments in local wo
$9 trillion corporate debt bomb is ‘bubbling’ in the US economy
At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors. On Wall Street, though, hopes are fairly high that it's a manageable problem, at least for the next year or two.
U.S. consumer prices up 0.3 percent in October –
WASHINGTON — Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase. The Labor Department said Wednesday that this meas…
Visa Launches ePayments Processing in Argentina
Visa has launched a new ePayment processing system called VisaNet in Argentina, the company announced on Tuesday (Jan. 29). The company said the new service will bring new ways to pay and new services to Argentinian cardholders, shopkeepers and banking institutions. The launch will increase Visa’s slice of the domestic transaction pie in the region...
Tribune Terminates $3.9 Billion Merger With Rival Sinclair
Tribune Media terminated its merger agreement with rival TV station-owner Sinclair Broadcast Group and sued the company, alleging it failed to make sufficient efforts to get their $3.9 billion deal approved by regulators. Changed.
Mastercard taps into buy-now, pay-later trend with acquisition of Vyze
Mastercard Inc. is wading into the buy-now, pay-later movement as consumers adopt a more nuanced view of credit purchases.
