Dubai-based Swvl, which is focused on efficient ridesharing in markets that don't always have reliable public transportation, is the latest start-up to tap the public market through a SPAC.
The stock trading app will trade on the Nasdaq under ticker HOOD, priced at an expected $38 to $42 per share.
Bitcoin.com | Sergio Goschenko | Jul 27, 2021 Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved, would help institutions and retail investors gain exposure to defi assets with
Backup power company Generac was the worst-performing S&P 500 stock on Wednesday after the company warned about supply chain issues.
Ten million or more Americans are behind on rent, with the national eviction ban about to expire. CNBC spoke with housing expert Emily Benfer about the crisis.
To feel financially secure these days, Americans say they would need more than $500,000 in savings, a new survey finds.
"I think you're going to take a white-hot fire and throw a five-gallon gas can on top of it," billionaire Ken Langone told CNBC on Wednesday
Guest Post | Jul 28, 2021 Over 80% of enterprises fail due to cash flow problems. The figure is a dead giveaway of why you need to minimize your expenses. After all, reducing your business costs has a direct impact on your cash flow. Not only does it help you pocket more money, but it
The second quarter grew at what is expected to be the strongest pace of the year, but it would have been even more rapid, if not for supply chain issues.
Data for the 2019 tax year shows that 497 taxpayers have $25 million or more in aggregate IRA balances. Some lawmakers hope to curb use of those tax shelters.
House Speaker Nancy Pelosi on Wednesday said President Joe Biden doesn't have authority to forgive student debt. "That's not even a discussion," Pelosi said.
The Federal Reserve on Wednesday held its benchmark interest rate near zero and said the economy continues to progress despite concerns over the pandemic spread.
CSA | Jul 28, 2021 Vancouver – The Canadian Securities Administrators (CSA) is proposing to introduce a new prospectus exemption for issuers listed on a Canadian stock exchange that is expected to provide a more efficient way for them to raise capital. “We’ve heard from market participants that the time and cost to prepare a
Millions of Americans who received unemployment compensation in 2020 were taxed on that income before it was made tax-free. Now the IRS is sending refunds.
The Fed's near-zero rate policy can help some Americans get a leg up, especially if they can refinance high-interest debt or take out a low-interest loan.