Indexes were slightly lower Thursday. Stocks dipped after posting the best day since November on Wednesday, fueled by bank earnings and tame CPI data.
Watch These Intuitive Surgical Price Levels as Stock Hits Another Record High
Intuitive Surgical shares hit another record high Thursday as investor sentiment runs high amid growing demand for the company's surgical robotics equipment. Monitor these key chart levels.
Canary's Litecoin ETF Takes Big Step Toward Nasdaq Listing
Nasdaq moves forward with Canary Capital's Litecoin fund bid through crucial regulatory filing, signaling a potential third spot crypto ETF.
American Express agrees to pay more than $138M to resolve investigation into sales and marketing
American Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices, federal authorities announced Thursday. The New York-based financial giant provided inaccurate tax advice to customers and potential customers on wire products primarily marketed at small and mid-size businesses, the U.S. Attorney for the Eastern District of New York's office said. Harry Chavis, a special agent in charge at the Internal Revenue Service’s office in New York, said the company “misled their customers by touting tax breaks that simply didn’t exist."
Texas Man Sues Attorney General Over DOJ’s Prosecution of Crypto Software Devs
The plaintiff is seeking a declaratory judgment protecting his forthcoming crypto crowdfunding project from being prosecuted for unlicensed money transmitting.
How blowout bank earnings and a promising inflation report gave the market a much-needed boost
Wall Street looked set to recover after US banks posted impressive earnings, and inflation data was better than expected.
Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent, and that he is ready to impose tougher sanctions on Russia's oil sector. Bessent, testifying at a Senate Finance Committee confirmation hearing, underscored an urgent need to extend Trump's 2017 individual tax cuts, saying that allowing them to expire at the end of this year would unleash a $4 trillion tax hike that could crush the U.S. economy.