Nigeria fell short of its goal to bring more of its citizens into the regulated financial system, with the effects of the pandemic and difficulty in penetrating rural areas weighing on the effort.
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Summary List PlacementRockefeller Capital Management, the wealth firm built from the 139-year-old Rockefeller family office, is growing at a breakneck pace. Led by Greg Fleming, former Morgan Stanley and Merrill Lynch executive, Rockefeller hit $75 billion in client assets at the end of March, up from $43 billion in May 2020, and closed on the…
Summary List Placement Even AMC thinks its stock is overvalued, according to a filing made with the SEC on Thursday. The company warned investors that they should only invest in their stock if they are prepared to incur massive losses. "We caution you against investing in our Class A common stock," AMC said in the…
Summary List PlacementFrom California to Ohio to Maryland to New York, states all over the US have announced "vaccine lotteries" to incentivize residents to get their shots. The basic idea is: get vaccinated, get entered to win, and cross your fingers that you're a lucky winner. In Ohio last week, 22-year-old Abbigail Bugenske scored a…
Summary List PlacementMorgan Stanley is partnering with a tech giant to help with the bank's digital transformation and adoption of the public cloud. The bank announced a strategic cloud partnership with Microsoft on Wednesday. It involves the two sides working together as Morgan Stanley looks to overhaul its tech and move away from using physical…
Summary List PlacementDogecoin jumped as much as 41% in the last 24 hour period to $0.4446, the highest point in nearly two weeks, as Coinbase Pro opened up to the meme cryptocurrency. The cryptocurrency exchange announced on Tuesday it is allowing its Pro users to transfer dogecoin into their accounts. Pro users will be able…
Coinbase appears in a good position to maintain profitability selling virtual shovels amid the crypto gold rush.
Source: Bloomberg, 01:10
A third of eligible Iranians have no intention of voting in the country’s June 18 presidential election, according to one poll, suggesting a record low turnout.
A little-known substance derived from hemp is flying off the shelves of U.S. gas stations and smoke shops, offering users a cheap and convenient high even in states where marijuana isn’t legal. But large cannabis producers are now pushing to clamp down on Del…