By Pete Schroeder WASHINGTON, July 13 (Reuters) – Banks should be cautious of lending to people not legally authorized to work in the United States, as their income may be less reliable or they may be deported, a pair of U.S. bank regulators cautioned the industry Monday. In new guidance, the Office of the Comptroller…
The combined market capitalization of the world’s stablecoins has fallen by $10 billion U.S. since the end of May, the biggest decline in years. Liquidity in the stablecoin market has decreased as crypto markets have consolidated near their lows for the year. In June, the stablecoin market capitalization fell by $7.7 billion U.S., the largest…
Battered Netflix (NFLX) investors may end up tuning in to another dose of bad news when the company reports earnings on July 16. Quick insight: “Given currency movement and a lack of hit programs, we believe more investors are expecting Netflix to lower full year numbers,” KeyBanc Capital Markets analyst Justin Patterson warned in a…
Listen and subscribe to Power Players with Brian Sozzi on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts. Mike Rowe is all in on upskilling America’s workforce. “The skills gap is so real right now,” the “Dirty Jobs” creator and host said in a new episode of the Power Players…
Silver (SI=F) September futures opened at $59.71 per ounce on Monday, July 13, 2026, 0.8% lower than Friday’s closing price of $60.17. The price of silver fell even further this morning, reaching $58.60 by 8:33 a.m. ET. The price of silver opened lower this morning and has continued to trend lower amid ongoing exchanges of…
Tech stocks fell on Monday amid a broader market downturn stemming from renewed US-Iran hostilities and an ongoing debate over artificial intelligence spending and profitability. The sector faced waves of rotation last week as investors assessed Big Tech companies’ expected payoff date for their massive investments in the AI build-out. The concern is not only…
What happened: Chip stocks retreated on Monday as US-listed shares of South Korean memory maker SK Hynix (SKHY) declined 6%. What’s behind the move: Investors took profits amid concerns of an increasingly overstretched and crowded trade. SK Hynix stock sank 15% in Asia, setting the stage for a volatile session in US-traded shares after their…
Stocks split ahead of a busy week after the US and Iran escalated fighting in the Middle East, sending oil prices higher, and AI stocks were under pressure. Notching the sole green movement, the Dow Jones Industrial Average (^DJI) rose by roughly 0.1%. Meanwhile, the S&P 500 (^GSPC) dropped 0.3%, while the Nasdaq Composite (^IXIC)…
If you’re looking to supercharge your savings, a high-yield savings account can offer a competitive interest rate that helps your balance grow faster. However, not all banks offer high savings account rates, which is why it’s important to shop around and find the most competitive savings interest rates available. Read on to learn more about…
Understanding how equity rates work is more vital now that rates are on the move. Lenders have flexibility in pricing a HELOC or home equity loan, but your rate will depend on your credit score, the amount of debt you carry, and the amount of your loan or line relative to your home’s value. Shop…
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