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HSBC to launch storage services for tokenized securities as more big banks warm to blockchain

HSBC on Wednesday announced it will offer custody services for tokenized securities, making the British bank the latest major institution to embrace digital assets.

November 8, 2023

News

Stocks making the biggest moves premarket: Rivian, Warner Bros., Lyft and more

Check out the companies making headlines before the bell. Rivian Automotive — The EV maker popped 8.8% in early Wednesday trading after increasing its

November 8, 2023

News

Facebook and Instagram will require political advertisers to disclose AI deepfakes

Meta, parent company of Instagram and Facebook, will require political advertisers around the world to disclose any use of artificial intelligence in their ads,

November 8, 2023

Business

Brookfield Infrastructure Partners: No Good Reason To Bother With It (NYSE:BIP)

The discussion of the recent short report on Brookfield Infrastructure Partners (NYSE:BIP) has largely subsided and the price of BIP units has recovered. The

November 8, 2023

News

Democratic Gov. Andy Beshear will win second term in Kentucky, CNN projects

Democratic Gov. Andy Beshear will win reelection to a second term in Kentucky, CNN projects, defeating Republican Daniel Cameron in a deep-red state that

November 8, 2023

Politics

Virgin Galactic to Cut Jobs. Interest Rates, Geopolitical Unrest Are a Problem.

Virgin Galactic said it would cut jobs and expenses to focus on producing its lower-cost Delta spaceships. CEO Michael Colglazier said in a memo

November 8, 2023

Markets

U.S. oil prices settle below $80 a barrel as China data spotlights demand prospects

Oil futures declined sharply Tuesday, with U.S. prices settling below $80 a barrel, at their lowest since July, after China data highlighted demand concerns.

November 8, 2023

Investment

Mortgage rates register sharpest drop in over a year amid signs of a weakening U.S. economy

The numbers: Mortgage demand rose as rates fell sharply on the back of signs of a weakening U.S. economy. Mortgage rates fell by 25

November 8, 2023

Finance

Fed’s Cook says rising yields not tied to monetary policy outlook

By Howard Schneider WASHINGTON (Reuters) – The recent rise in long-term U.S. bond yields does not seem to have been driven by investor expectations

November 8, 2023

Economy

What’s Next For Norfolk Southern Stock After A 21% Fall This Year?

Norfolk Southern NSC (NYSE: NSC) reported its Q3 results last month, with revenues meeting but earnings missing the street estimates. The company reported revenue

November 8, 2023

Markets