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.
Amazon’s Q3 Results Are Out, But Shareholders Aren’t Happy
Amazon released its Q3 sales results on Thursday, as well as its profit guidance for Q4. Despite strong revenue growth over the last three months, the company’s stock has taken a hit as projections for the holiday season fall short.
Fed Leaves Rates Unchanged, Drops Reference To Gradual Rate Hikes
After raising interest rates by a quarter point last month, the Federal Reserve announced its widely expected decision to leave interest rates unchanged on Wednesday.
J.P. Morgan to launch a U.S. dollar-backed cryptocurrency
JPM Coin, the first of its kind from a major bank, will initially be used to transfer funds over a blockchain network internally and between internationally between institutional clients.
Colorado Issues Cease And Desist Order To 4 Crypto Startups Over...
The Colorado Securities watchdog issued cease and desist orders to four cryptocurrency startups asking them to stop promoting unregistered securities to residents of the state.
McKinsey Settles With US DoJ Over Bankruptcy Disclosures
McKinsey & Co. agreed to pay $15 million to settle the U.S. Justice Department allegations that the consulting firm failed to make required disclosures of potential conflicts in three bankruptcy cases it has advised on in recent years.
Accenture Chairman & CEO Pierre Nanterme Steps Down for Health Reasons;...
Accenture announced that effective immediately, Chairman and CEO Pierre Nanterme has stepped down for health reasons.
JPMorgan Reportedly To Cut Hundreds Of Jobs In Asset And Wealth-management...
JPMorgan Chase & Co. (JPM) is dismissing hundreds of workers in its asset and wealth-management division after a periodic review of staffing, Bloomberg reported citing people familiar with the matter.
US long-term mortgage rates down; 30-year average at 4.14%
U.S. long-term mortgage rates fell this week after four weeks of increases, giving a boost to prospective home buyers during the spring sales season.
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.


















