Author: Admin

A former Moelis & Co. investment banker plans to return to the US from France to plead guilty to tipping off members of a global insider-trading ring.

The financial sector could be one of the best-performing areas of the stock market in 2025 and for several years after. While there’s no guarantee that any sector, industry, or individual stock will perform well, there are a few big catalysts that could cause the financial sector to deliver better-than-expected profitability, growth, and of course, investor returns.If you have $1,000 to put to work, the Vanguard Financials ETF (NYSEMKT: VFH) could be a great addition to your portfolio right now. Here’s a rundown of what this low-cost ETF is, and why we could be entering an excellent growth environment for…

The Corcoran Group agent Julian Johnston exclusively speaks to Fox News Digital about the new wave of California billionaires migrating to South Florida due to a proposed wealth tax. A new analysis of the 10 most expensive ZIP codes in the U.S. finds that California continues to be home to a significant portion of the nation’s most luxurious properties. Economists at Realtor.com sought to find the 10 most expensive communities in the U.S. by focusing on areas with at least 30 active listings in January to identify qualified ZIP codes. From there, they ranked markets by median listing price. And, in cases…

Democrats in the U.S. Senate continue to pile onto Binance, asking the Treasury and Justice departments to investigate its sanctions compliance and protections against illicit finance following reports of potential terrorism funding.Nine senators, including a few that have been instrumental in negotiations over the crypto industry legislation known as the Digital Asset Market Clarity Act, sent a letter Friday to the chiefs of the federal agencies, requesting they probe the exchange after news reports on possible breaches, which also claimed the company had fired some of the compliance personnel involved in discovering the transactions.The latest move from Democrats follows an…

Oil prices jolted higher on Friday, booking their biggest daily gains in over a week, after President Trump signaled the window for using diplomacy to end Tehran’s nuclear program may be closing.

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxThe payment industry is undergoing a profound transformation, driven by growing demand for seamless, contactless, and autonomous experiences, alongside an accelerating rollout of artificial intelligence (AI) and machine learning (ML) throughout the payment value chain.In the Asia‑Pacific (APAC) region, consumer adoption of AI‑driven shopping tools is soaring, laying fertile ground for agentic payments that act on behalf of buyers. Yet, a new Visa survey reveals that lingering concerns about security and transparency are creating hesitation at the moment of checkout.The survey, which polled more than 14,700 consumers across…

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Robinhood Markets’ Stephanie Guild, Generate:Biomedicines’ Mike Nally, S&P Global’s Simon Gallagher, Inflation Insights’ Omair Sharif, Lightshed Partners’ Rich Greenfield, Fidelity’s Jurrien Timmer, Institute for Advance Study’s Alondra Nelson, Hornets Sports and Entertainment’s Shelly Cayette-Weston, Raising Cane’s Aj Kumaran, and Carnegie Endowment for International Peace Senior Fellow Aaron David Miller. (Source: Bloomberg)

Anthropic says it will challenge Pentagon’s supply chain risk designation in court

Grok will let its model be used for classified purposes, while Anthropic has refused to let its products be deployed for autonomous weapons or mass surveillance.

Key PointsData centers are the facilities that provide artificial intelligence (AI) software with the hardware it needs to operate. Gartner projects that data center spending by big tech companies is set to grow almost 32% to $650 billion.All that money will be flying in lots of different directions, and it can be hard to keep track of where to put your money in order to capitalize on that opportunity. If you can only buy one stock to profit from the AI hardware trend, what should it be?Will AI create the world’s first trillionaire? Our team just released a report on…