Walmart saved millions from elder gift card scams

A gift card display stands at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Technology developed by Walmart helped the retail giant identify and freeze nearly $4 million in gift cards that had been bought by thousands of primarily elderly victims at the direction of con artists who … Read more

UK to mint its own NFT and push forward with crypto regulation

In this photo illustration a novelty Bitcoin token is photographed on £10 notes. Matt Cardy | Getty Images LONDON — The UK government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a “world leader” in the cryptocurrency space. Finance Minister Rishi Sunak has asked the Royal … Read more

CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.

From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more

5 things to know before the stock market opens Monday, April 4

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady; key Treasury spreads remain inverted Traders on the floor of the NYSE, March 31, 2022. Source: NYSE US stock futures were mixed Monday, with the tech-heavy Nasdaq looking modestly higher. Twitter shares soared … Read more

Tiger Woods turns up at Augusta National in FootJoy golf shoes, not Nike

A detail of the shoes of Tiger Woods of the United States as he warms up in the practice area prior to the Masters at Augusta National Golf Club on April 03, 2022 in Augusta, Georgia. Gregory Shamus | Getty Images Tiger Woods didn’t wear the iconic Nike swoosh on his feet when he stepped … Read more

Joe Manchin opposes SEC climate disclosure rule

Chairman Joe Manchin, DW.Va., conducts a Senate Energy and Natural Resources Committee hearing on domestic and international energy price trends, in Dirksen Building on Tuesday, November 16, 2021. tom williams | CQ-Roll Call, Inc. | Getty Images Sen. Joe Manchin said Monday that he is “deeply concerned” about the new climate disclosures proposed by the … Read more

Twitter shares soar more than 25% after Elon Musk takes 9% stake in social media company

Elon Musk speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. jim watson | AFP | Getty Images Tesla CEO Elon Musk has taken a big stake in social media company Twitter, a regulatory filing released Monday showed. Musk owns 73,486,938 shares of Twitter, … Read more

Jamie Dimon says inflation, Ukraine war may dramatically increase risks for US

Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlos Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest US bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are … Read more

Treasury yields invert ahead of Fed minutes

US Treasury yields inverted on Monday morning, with investors remaining focused on Federal Reserve policy, ahead of the central bank’s latest meeting minutes due out later in the week. The yield on the 2-year Treasury yield was up less than basis point to 2.4384 at 4:25 am ET, while the benchmark 10-year Treasury note rose … Read more

JPMorgan, Goldman pick top Southeast Asia markets for 2022

Indonesia’s stocks are among the top picks of JPMorgan Asset Management and Goldman Sachs for 2022. In this photo from April 2019, the statue of a bull is standing at the lobby of the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia. Dimas Ardian | Bloomberg via Getty Images Geopolitical tensions around the world have been … Read more