American Airlines shares dropped 3% in premarket trading after the company dismissed a potential merger with United Airlines, while bipartisan senators expressed concerns about the deal.
The U.S. Senate Banking Committee will vote on major cryptocurrency legislation on May 14, advancing long-awaited regulatory framework for digital assets.
Bridgewater founder Ray Dalio raised concerns about wealth tax effects on markets and advised against interest rate cuts during potential stagflation.
Cryptocurrency exchange Kraken has become the first digital asset company to gain access to the Federal Reserve's core payment infrastructure.
KKR and co-investors will take majority control of accounting firm Crowe in a deal valued at nearly $3 billion.
Robinhood's new venture fund attracted over 150,000 retail investors seeking exposure to private companies like OpenAI and Stripe before they go public.
Boaz Weinstein warns of problems in the private credit sector while his fund pursues discounted bids on private assets.
Argentine President Javier Milei presented his economic agenda to Wall Street investors as markets undergo broader reassessment of emerging market opportunities.
China's bond market shows signs of structural changes while the country's reduced fuel consumption impacts global oil markets.
Existing home sales in the US showed little improvement as high costs and economic uncertainty keep many potential buyers out of the market.
Ryan Cohen is selling items on eBay including expensive tube socks to help finance GameStop's bid to acquire the platform itself.
Food service distributor Sysco announced plans to purchase Restaurant Depot for $29 billion to expand into cash-and-carry operations.
New cybersecurity reports show attackers increasingly bypass traditional password protections by targeting multi-factor authentication resets and authentication tokens.
Italian bank UniCredit has made a formal takeover offer for Germany's Commerzbank, valued at approximately $28-35 billion.
Plans revealed for world's first floating city accommodating 80,000 residents and Universal theme park with £1.3bn government backing.
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