-
As Mortgage Rates Keep Climbing, Homes Are More Expensive for Both Renters and Buyers
The cost of monthly mortgage payments is growing at a pace that’s nearly double the rate of growth for monthly rent prices, according to Redfin data.
-
Investing App Acorns Taps ‘Choppy' Private Markets at $1.9 Billion Valuation After Scrapping SPAC
The move shows that ample funding is still available for late-stage start-ups with good prospects
-
When Buy Now, Pay Later Comes Back to Bite You
Buy now, pay later is booming. For consumers, the convenience can come with pitfalls, as well.
-
Block CFO Says Customers Repay Almost All Buy Now, Pay Later Loans
The Block CFO said Thursday, “98% of consumer installments were repaid by the end of the year, which is the same percentage we saw in the first half.”
-
‘We Were Terrified': Block Co-Founder Explains How the Fintech Giant Avoided ‘Death by Amazon'
In 2014, Amazon launched a competitor to Block. The company was “terrified,” according to co-founder Jim McKelvey. But it didn’t give up.
-
Stocks Making the Biggest Moves Midday: Raytheon, Block, Tesla, Foot Locker and More
These are the stocks posting the largest moves in midday trading.
-
Jim Cramer Sees Post-Pandemic Staying Power for Etsy and Cash App Parent Block
“While they can have some huge swings, once the volatility’s over, I bet they won’t easily give back their gains,” CNBC’s Jim Cramer said.
-
Stocks Making the Biggest Moves Midday: Foot Locker, Etsy, Block, Carvana, Dish Network and More
These are the stocks posting the largest moves in midday trading.
-
What to Watch Today: Futures Reverse Earlier Losses as Fighting in Ukraine Is Assessed
U.S. stock futures rose Friday, erasing earlier losses as investors continued to assess the risks stemming from Russia’s invasion of Ukraine.
-
Stocks Making the Biggest Moves Premarket: Foot Locker, Cinemark, Dell and Others
These are the stocks posting the largest moves before the bell.
-
How Square Grew From a Scrappy Hardware Start-Up to Payments Powerhouse in a Just Over Decade
Square is now called Block, and in the thirteen years since launching, Jack Dorsey’s company has grown into a $50 billion-plus financial powerhouse.
-
This SIM Card Scam Once Fooled Jack Dorsey—Here's How to Avoid It
The FBI is warning consumers about the resurgence of a SIM card swapping scam.
-
Apple Announces a Way to Buy Stuff by Tapping IPhones Together
The service will allow people to buy goods from U.S. merchants by tapping their phones together. It also works with contactless credit cards.
-
Crypto Start-Up Alchemy Tops $10 Billion Valuation Amid Blockchain Funding Frenzy
Start-up Alchemy raised another $200 million, nearly tripling the crypto company’s valuation to $10.2 billion.
-
SoftBank-Backed Fintech DriveWealth Is Adding Crypto to Take on Coinbase's ‘Unsustainable' Fees
The start-up, founded in 2012 by Cortright, has been an under-the-radar beneficiary of the retail-trading boom.
-
Wall Street's Top Analysts Are Bullish on These Five Stocks Amid the Market's Turbulence
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, like Boeing and Roblox.
-
Bitcoin Has Become a Lifeline for Sex Workers, Like This Former Nurse Who Made $1.3 Million Last Year
Shut out of the traditional economy, sex workers and adult entertainers are embracing cryptocurrency to secure their finances.
-
Citigroup CEO Jane Fraser Faces Disgruntled Employees, Regulators' Demands in Difficult First Year
Regulatory scrutiny has weighed on employee morale, making the task of turning around Citigroup harder as CEO Jane Fraser approaches her one-year anniversary.
-
PayPal Stock Closes Down 24% in Worst-Ever Trading Day
In an interview with CNBC, PayPal CEO Dan Schulman said the company took “a measured approach” to guidance.
-
What to Watch Today: Nasdaq Futures Jump as Google Parent Alphabet Surges
Google parent Alphabet’s 10% premarket jump on strong earnings pushed Nasdaq futures more than 1.5% higher.