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A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on March 18, 2026.Angela Weiss | Afp | Getty ImagesThe Russell 2000 has fallen more than 10% off its recent high, becoming the first of the major U.S. benchmarks to fall into correction territory in 2026. The small cap index closed down 10.9% from its all-time high on Friday. A correction is defined as a decline of more than 10% and less than 20%.Stock Chart IconStock chart iconRussell 2000, 1-year Small caps actually outperformed to start the year, with the…

A political action committee with ties to major tech and crypto donors is raising the specter of disgraced ex-FTX CEO Sam Bankman-Fried to target New York congressional candidate Alex Bores as the state legislator faces a crowded Democratic field.A sharply worded mailer distributed by Think Big PAC told voters that the Democratic primary candidate for New York’s 12th Congressional District once got more than $100,000 in support from the former head of the failed global exchange, and alleges that “Bankman-Fried’s buddies are bankrolling Bores for Congress.” It also criticizes Bores’ campaign financing and positions him as out of step with…

Key PointsIf you’re new to required minimum distributions (RMDs), it’s easy to get confused about what you’re actually supposed to do. You don’t want to withdraw too little because you’ll pay a 25% tax penalty on the RMD you failed to withdraw. And withdrawing too much could raise your tax bill and cause you to miss out on valuable investment earnings.The good news is, once you know a few basic rules, the whole RMD process starts to feel a lot easier. One of the most important things to understand is that you don’t have to take RMDs from all your…

A new report shared with the Investing News Network by Keyrock, Safe and DLResearch analyzes how large crypto organizations are managing their digital wealth. A study of 25 major protocols’ balance sheets, including Aave, the Ethereum Foundation, Lido and Uniswap, found that the vast majority of the recorded US$5.6 billion — 93 percent — is currently sitting idle without earning income. As the sector professionalizes, a so-called “sophistication gap” has emerged between the tools available and the strategies currently deployed. The report’s author, Ben Harvey, argues that investors and stakeholders are recognizing that the way capital is structured, deployed and…

Gold prices posted their largest weekly percentage drop in more than 14 years Friday, bucking the metal’s usual safe-haven appeal even as the conflict in Iran continues to escalate.

Corporation — ticker symbol “FICO” — operates in two main segments: Software, which provides decision-management solutions and the modular FICO Platform, and Scores — a concept consumers are likely more familiar with — which delivers credit-scoring products to businesses and consumer-facing scores through myFICO.com subscriptions.The company has faced a brutal one-two punch, as AI disruption worries and increased competitive pressure have culminated in the stock’s pummeling. Shares have fallen 26% this week alone and are down more than 50% from the record high in December 2024. Despite the stock’s tumble, the fundamentals have been holding up:Notice how revenue (blue) and…

Fed’s Bowman says new external review of Silicon Valley Bank failure underway

Polk County recorder Julie Haggerty announced she will retire at the end of the year and will not seek a fifth term. Haggerty has served in office since 2007. The Des Moines Register reported that during her time in office, Haggerty established a same-day recording policy. She also brought passport services to libraries and senior centers and on the weekends. In a news release, Haggerty said it has been “one of the greatest honors of my life” to serve in the role. “I have made a point of prioritizing the needs of my employees and the people I have served,…

UAE launches support programme for country’s banks – Central Banking Skip to main content End of drawer navigation content Central bank releases capital buffers and provides capital rule relief to help lenders during conflict The Central Bank of the UAE The Central Bank of the United Arab Emirates today (March 18) announced a package of “proactive” measures to support commercial lenders during the ongoing conflict in the Middle East.It stressed that the country’s banks remained well-capitalised and that its own reserves, amounting to more than 1 trillion dirhams ($272 billion), were at a record high. Commercial lenders held around 920…

Ally Love, Dwyane Wade, JPMorgan Wealth Management CEO Kristen Lemkau, Tom Brady, A’ja Wilson and Megan Rapinoe during the JPMorganChase Athlete Council meeting on March 18, 2026.Shawn McMillan | CNBCJPMorgan Chase has recruited some of the biggest names in American sports to help tackle a persistent problem: professional athletes going broke.The bank on Wednesday announced an initiative called the JPMorgan Chase Athlete Council, led by two-time NBA Hall of Famer Dwyane Wade and featuring other high-profile athletes, including Tom Brady, Sue Bird, Alex Morgan, Megan Rapinoe, A’ja Wilson and Jalen Brunson.The stars will meet with JPMorgan executives to help the…