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Wealthfront files for IPO, joining wave of fintech firms going public in 2025
Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday.Read More...
Odds of a government shutdown rise to 70% in prediction markets
Users on Kalshi and Polymarket upped their bets on a government closure after the Labor Department said it won’t release a key jobs report in a shutdown.Read More...
Startup founder Charlie Javice to be sentenced for defrauding JPMorgan Chase
Charlie Javice, founder of college financial aid platform Frank, was arrested in 2023 on charges she defrauded JPMorgan Chase in the sale of the fintech firm.Read More...
Why an analyst downgrade of Wells Fargo does not change our conviction in the stock
Morgan Stanley analysts cut Wells Fargo to a hold-equivalent rating from a buy Monday, citing limited upside ahead for shares.Read More...
Cleveland Fed President Beth Hammack talks interest rates and inflation on CNBC
Investors have recently dialed back their expectations for rapid interest rate cuts from the Federal Reserve.Read More...
President Trump posts cartoon image depicting him firing Fed Chief Powell
Trump has repeatedly criticized Powell for his cautious approach to cutting interest rates, nicknaming him "Too Late Powell."Read More...
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