Coinbase, FTX, and Binance Receive Congressional Demands Over Crypto Scams

In its first foray into the crypto industry, the House Committee on Oversight and Reform is stepping up pressure on federal agencies and crypto exchanges to protect Americans from scammers. In a series of letters sent Tuesday morning, the committee asked four agencies, including the Treasury Department, the Federal Trade Commission, Commodity Futures Trading Commissionand … Read more

Here are 5 reasons why the bull run in stocks could be about to turn into a bear market

Some market gurus are beginning to worry that Wall Street’s summer rally is starting to run out of steam, after stocks quickly went from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely heading for a pullback, even though the economy is in better shape than many … Read more

Here are 5 reasons why the bull run in stocks could be about to turn into a bear market

Some market gurus are beginning to worry that Wall Street’s summer rally is starting to run out of steam, after stocks quickly went from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely heading for a pullback, even though the economy is in better shape than many … Read more

Visa beats profit expectations as CFO sees ‘no evidence of pullback’ in spending

Visa Inc. beat expectations with its latest results on Tuesday and sent an optimistic signal to investors about the resilience of spending volumes in the current macroeconomic climate. Amid growing concern about the state of the consumer given factors such as rising inflation and rising interest rates, Visa V, -0.83% joined another card company American … Read more