Workflow
Coinbase Defends Stablecoins Against Banking Threat Claims, Says ‘Math Doesn’t Add Up’
Yahoo Finance· 2025-09-16 20:25
Coinbase published a comprehensive defense against banking industry claims that stablecoins threaten traditional financial stability, arguing the “deposit erosion” narrative is a “myth” designed to protect banks’ $187 billion annual payment processing monopoly. The exchange released research titled “Beyond the Deposit Debate,” challenging Treasury estimates of $6 trillion in potential deposit outflows from yield-bearing stablecoins. Research Challenges Banking Industry’s Deposit Flight Claims The defens ...
amana Raises the Bar with 24/5 Trading on U.S. Stock & ETF Derivatives
Globenewswire· 2025-09-16 20:25
DUBAI, United Arab Emirates, Sept. 16, 2025 (GLOBE NEWSWIRE) -- amana, MENA’s leading neobroker, has announced the launch of 24/5 trading on U.S. equity and ETF derivatives, further expanding its comprehensive offering and raising the bar for active traders across the region. For years, active traders in MENA have faced a familiar frustration—waiting for U.S. markets to open to react to news, earnings, or price swings. With amana’s new 24/5 feature, that wait is over. Traders can now access the world’s most ...
Lisa Eden Appointed to Chesapeake Utilities Corporation Board of Directors
Prnewswire· 2025-09-16 20:23
DOVER, Del., Sept. 16, 2025 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced that Lisa Eden was appointed to serve as a member of the Company's Board of Directors (the "Board") effective Sept. 15, 2025. Ms. Eden joins the Board with extensive energy industry experience, having recently retired as senior vice president and chief financial officer after more than two decades of service at TXNM Energy, Inc. Continue Reading Lisa Eden - Chesa ...
Robert Redford, screen idol turned director and activist, dies at 89, New York Times reports
Reuters· 2025-09-16 20:23
Actor Robert Redford, a Hollywood leading man turned director, producer and influential supporter of independent films through his Sundance Institute, died on Tuesday at the age of 89, The New York Ti... ...
Tesla CEO Elon Musk Says He's 'Burning The Midnight Oil'; China Registrations Lag
Investors· 2025-09-16 20:21
INVESTING RESOURCES Take a Trial Today SPECIAL REPORT: See The Most Trusted Financial Firms By Category Tesla (TSLA) CEO Elon Musk outlined how his attention is now squarely back at Tesla after making his $1 billion TSLA stock purchase. Meanwhile, China vehicle insurance registrations continue to lag behind last year, with only a slight uptick last week in new Model Ys, according to the latest data. Elon Musk Gets Back To Work Fresh off regulatory filings on… Related news Dow Jones Futures: Nvidia, Shopify ...
Clearbridge Small Cap Strategy Believes in AGCO Corporation’s (AGCO) Overseas Sales Expansion
Yahoo Finance· 2025-09-16 20:20
ClearBridge Investments, an investment management company, released its “ClearBridge Small Cap Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The small-cap stocks experienced volatility in the second quarter. The Russell 2000 Index rebounded 10% of its November 2024 record highs just 55 days after the “Liberation Day” decline. It was driven by growth, momentum, high-beta, and low-quality stocks. Even though small-cap stocks rose, they failed to outpace the larger ...
Thyssenkrupp receives non-binding bid for steel unit from India's Jindal Steel
Reuters· 2025-09-16 20:20
Thyssenkrupp on Tuesday said it has received a non-binding bid for its steel division from India's Jinal Steel , without disclosing any further details. ...
Where Will Upstart Be in 5 Years?
Yahoo Finance· 2025-09-16 20:20
Key Points Upstart shares have had a terrific 12 months, as investors have become more confident. Revenue increased 84% through the first six months of 2025, with loan volumes more than doubling. Shares currently price in huge expectations about the future. 10 stocks we like better than Upstart › When figuring out ways to invest in the artificial intelligence (AI) trend, you might think that the only way to go is to look at the "Magnificent Seven" businesses. However, some smaller companies, like ...
Stocks rally on Fed interest rate cut hopes as 'jobless expansion' takes hold
Yahoo Finance· 2025-09-16 20:19
The S&P 500 closed at 6,615 on Monday, yet another record high, as investors bet the Federal Reserve is about to start cutting interest rates . The rally has Wall Street racing to catch up, with analysts hiking their year-end forecasts. Some stock market bulls now see the index breaking 7,000 before December. That would mean a roughly 6% rise over the next 76 days, and on the face of it, that’s not exactly a feverish climb. But considering the market is already sitting at record highs, a 6% move higher is ...
Verizon CFO on turning AI into a revenue source to drive future growth
Fortune· 2025-09-16 20:19
Good morning. Verizon sees AI not just as a tool to boost efficiency but as a potential new revenue engine.I recently spoke with Verizon CFO Tony Skiadas, who discussed how the company is working to repurpose parts of its wireline network to support AI workloads and what that could mean for Verizon’s future.Reimagining wireline for AISkiadas explained that Verizon (No. 30 on the Fortune 500) is testing ways to leverage its existing central offices—facilities largely freed up as copper networks are replaced ...