Kraken’s chief security officer wants his 400-member team to stay away from social media as he believes their presence on platforms like Twitter and LinkedIn can create security risks for the crypto exchange. Nick Percoco has allowed only a handful of people from his team to publicly confirm their roles and has instructed the rest to work
A pair of activist investors have pulled their request for shareholder votes on climate-related proposals after ExxonMobil sued to keep them off the ballot at the company’s upcoming meeting. But while Arjuna Capital and the environmental group Follow This say they will not refile the proposals, Exxon still wants a U.S. court in Texas to
“Is Nvidia today’s Cisco? It’s possible. If so, then it has a lot more upside before it crashes — if it crashes.” Is it possible that the meltup phase of the bull market (which started on Oct. 12, 2022) has begun already — having started following the correction low on Oct. 27, 2023? Yes, it
As mortgage rates fall, aspiring homeowners have gained nearly $40,000 in buying power in a matter of months, according to a new report. But that power comes with a catch: increased competition. Now that the 30-year mortgage rate has fallen from nearly 8% to below 7%, home buyers with a monthly housing budget of $3,000
Quick facts about bad-credit car financing: Even borrowers with numbers in the lowest credit score categories may find auto loan financing. You should dispute errors on your credit report when you find inaccurate information that lowers your credit score. Increasing your down payment on the car helps convince potential lenders that you are serious about your finances. Financing a car with
Capital-gains taxes occur when you sell an asset, like your home or a stock. They are paid to both the state and federal government. The government collects a percentage tax on the gain or profit of the asset while in your possession. As you think ahead to tax season, understand that taxes on capital gains were lowered
Published: Jan. 25, 2024 at 12:01 p.m. ET U.S. mortgage rates rose to the highest level in six weeks, but have stayed well below 7%, offering some stability to home buyers. The 30-year fixed-rate mortgage rose and averaged 6.69% as of January 25, according to data released by Freddie Mac FMCC on Thursday. It’s up
Published: Jan. 24, 2024 at 8:20 a.m. ET Donald Trump, the Republican former president, has won the Iowa caucuses and the New Hampshire primary and is leading Nikki Haley by a substantial margin in South Carolina, where she was governor from 2011 to 2017. So it’s highly likely that Trump will be the Republican presidential
President Joe Biden is forgiving another $5 billion in student debt, bringing the total loan forgiveness approved by the administration to $137 billion. The relief came just one week after the last round of student debt cancellation for borrowers that took out less than $12,000 and have been in repayment for at least a decade.
These mutual-fund and ETF investing tips can keep your portfolio out of a deep freeze
Published: Feb. 2, 2024 at 4:25 p.m. ET Don’t miss these top money and investing features: Investing news and trends Tesla’s stock had its worst month in a year, but Cathie Wood’s ETFs kept buying The ARK Innovation and ARK Net Generation exchange-traded funds bought more than $150 million in Tesla shares in January. Read