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US stock market today: why Dow Jones crashing big while S&P 500 and Nasdaq are rising? Dow down by 200 points as oil surge, Fed jitters, and Big Tech earnings split market directionUS stock market today: Why Dow Jones Industrial Average falls while S&P 500 and Nasdaq Composite hold steady? US stock market today shows a...
Up to 15% of your paycheck gone? Government can take it without court — here’s whyStudent loan wage garnishment: Federal student loan defaults can lead to direct wage garnishment without court action, allowing up to 15% o...
Why is SOFI stock down today? Here's what short seller Muddy Waters reveals about SoFi TechnologiesSOFI stock: SoFi Technologies' stock declined significantly after Muddy Waters Research disclosed a short position, citing concerns over th...
SoFi stock slides again: Why SOFI shares are down 8% today after a 13% December dropShares of SoFi Technologies fell nearly 8% today, extending losses after a 13% decline in December. Today’s decline is largely driven by in...
Digital Bank SoFi enters Stablecoin race with US dollar tokenSoFi Technologies has launched its own US dollar stablecoin, SoFiUSD, fully backed by cash reserves. The digital bank plans to offer the to...
TikTok creator Taylor money says investing, not spending, is the real path to growing wealthA TikTok creator called Taylor Money says people should use money to grow more money, not just buy bigger things. His idea focuses on “expa...
CoreWeave deal turns $50 million into $12.5 billion — hedge fund strikes AI goldHedge fund Magnetar made a huge profit by investing in CoreWeave, an AI company using Nvidia GPUs. A small $50 million investment grew into...
FICO stock crashes over 10% after Fannie and Freddie embrace VantageScore 4.0 - here’s why it mattersFICO stock declined as Fannie Mae and Freddie Mac will now permit lenders to use VantageScore 4.0. This decision increases competition in c...
Fintech companies caught up in tariff turmoilSome fintech companies, including Affirm and Robinhood, also earn fees from debit card and credit card purchases - revenue that could be vu...
Fintech regulations to help those who follow rules: QED’s Nigel MorrisNigel Morris, cofounder and managing partner at QED Investors, spoke to ET about the recent clampdown by India's central bank across variou...
SoftBank plans to sell some or all of its 9% stake in SoFiTo raise cash, SoftBank has exited companies including Uber Technologies and home-selling platform Opendoor Technologies, for a total gain ...
SoftBank's Masayoshi Son faces shareholders shaken by $34-billion lossBut five years of deploying $142 billion has now resulted in a record 2.1 trillion yen ($15.4 billion) loss for SoftBank in the quarter end...
Fintech focused investor QED will deploy $500 million in Indian startupsSome of the fund’s biggest bets are Nubank, Remitly, SoFi and Klarna
Mortgage finance startup Easy raises $15 million in fundingThe startup aims to achieve an asset under management of $150 million in the next two years.
Robinhood to allow users to buy into IPOsLarge institutional investors and funds have traditionally been the first in line for allocations on IPOs, as well as the investment banks ...
Fidelity launches brokerage account aimed at 13- to 17-year-oldsThe youth accounts are available to teens whose parents or guardians - who can monitor the accounts - are Fidelity customers.
Pravin Jadhav's Raise Financial gets seed funding from Mirae, othersRaise Financial, which will specialise as a money management platform for financially aware customers, plans to use the funding for hiring ...
Fintech’s hot new job: dealing with regulatorsWith hard to ignore high profile run-ins with regulators, job listings for compliance officers on the rise.
Former Deutsche Bank co-chief Anshu Jain, ex-colleague Bhupinder Singh to launch NBFC in IndiaThe NBFC will lend to individuals, SMEs and entrepreneurs, and may be modelled on San Francisco-based fintech startup SoFi to which Jain is...
Anshu Jain to join SoFi as advisorSoFi now gives cheap student loans and also offers mortgages, personal loans and wealthmanagement services to the so-called high net worth ...