JPMorgan Posts Record Annual Profit Despite Quarterly Slip

[ad_1] Updated Jan. 12, 2024 8:00 am ET JPMorgan Chase’s fourth-quarter profit slipped, but it was still enough to push the bank to a record-breaking result for the full year.…

BlackRock to Buy Global Infrastructure Partners for $12.5 Billion

[ad_1] BlackRock has agreed to buy private-equity firm Global Infrastructure Partners for roughly $12.5 billion in cash and stock, a significant push into private-market investments for the world’s largest asset…

Companies Aren’t Done Cutting White-Collar Jobs

[ad_1] After a year of right sizing, employers are looking in the mirror and concluding there is still fat to lose.  Companies including Amazon, Xerox, Google and BlackRock this month…

Bitcoin ETFs Are Live. Cue the Fee War.

[ad_1] The fierce competition for new bitcoin fund assets means that trading the cryptocurrency just got a lot cheaper. Ten nearly identical bitcoin exchange-traded funds began trading Thursday, and the…

Bitcoin ETFs Get Off to a Monster Start, Despite Resistance on Wall Street

[ad_1] Updated Jan. 11, 2024 7:25 pm ET The new bitcoin ETFs had a roaring debut in their first day of trading, but Vanguard refused to join the party. The…

Bitcoin’s $29 Billion Hotel California

[ad_1] Grayscale Bitcoin Trust could retain investor money despite its higher fee. [ad_2] Source link

BlackRock’s New Bitcoin ETF Off to a Monster Start

[ad_1] BlackRock’s new bitcoin fund is on pace to be among the most actively traded exchange-traded funds ever on launch day. More than $761 million of shares in the iShares…

The Companies Cutting Jobs in 2024: Here’s the List

[ad_1] Listen to article (1 minute) Some companies are kicking off the new year by trimming staff as a steady labor market shows signs of cooling off.  The labor market…

Here’s How the New Bitcoin ETFs Work

[ad_1] Updated Jan. 11, 2024 12:53 pm ET Regulators have given the green light to the first U.S. exchange-traded funds that directly hold bitcoin. Crypto enthusiasts hope the new funds—backed…

Inflation Edged Up in December After Rapid Cooling Most of 2023

[ad_1] Updated Jan. 11, 2024 1:27 pm ET Americans caught a big break last year as inflation fell by nearly half and paychecks grew, delivering real wage gains in 2023…