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Finance

Wall Street Crypto Majors Lining Up to Back Startup Prime Broker

Bloomberg News reports that a few of the biggest trading houses in the world and cryptocurrency companies are supporting small startups that will help...

Finance

The $80 Billion IRS Infusion Implies More Audits in 2026 or 2027

Bloomberg News reports that the $80 billion fund injected for the Internal Revenue Service to aid in going after the tax cheat amounts serves as more...

Finance

Neobanks Found Struggling to Make Good on Their Big Promises

Bloomberg News reports that Digit, a financial technology firm operating in San Francisco, offers traditional banking services virtually. The services come along with an...

Finance

Bed Bath & Beyond’s stock surge 75%, defies Bears to extend winning rally

Bed Bath & Beyond Inc. shares surged 510% over three weeks and, in the process, helped buy in meme stocks. Wall Street sounded alarm...

Finance

Bankrupt Crypto Lender Celsius is Considering Financing Proposals

Bloomberg News reports that Celsius Network LLC has received several fresh cash offers to help it to fund the restructuring of the company's process,...

Business

Citadel Securities Trading Revenue Attains Record $4.2 Billion

Bloomberg News reports that the market marker, Citadel Securities, the founder of which is billionaire Ken Griffin earned a net trading revenue of $4.2 billion in...

Business