Bank deposits dropped by $76.2 billion for in mid-April, according to seasonally adjusted data released by the Federal Reserve. Although large and foreign financial institutions saw a plunge in deposits, small domestic banks also experienced a shrinkage in deposits, the Fed reported. Deposits at small U.S. banks fell by 4.6…

Crypto investors pulled $791.6 million from the crypto exchange Binance in 24 hours, crypto research firm Nansen said Tuesday, after U.S. regulators unveiled 13 securities charges against the company and its founder Changpeng Zhao.After the collapse of allegedly fraudulent crypto exchange FTX in November 2022, investors moved their assets to…

Check out the companies making the biggest moves in premarket trading:Mobileye — Shares sank 5% following a Securities and Exchange Commission filing Monday that showed an Intel subsidiary will sell 35 million Class A shares in a secondary offering. Mobileye will not receive any proceeds from the sale.related investing newsCoinbase…

The past few months of robust grocery store sales would suggest that shoppers aren’t stretched for cash. But that’s not the full story. Food manufacturers like Kellogg (K), PepsiCo (PEP) and Nestlé all reported sales growth in the first quarter of the year. But even though sales are up, people…

Watch full video on YouTube

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.PEPE might have got the recent meme coin season started thanks to 21,000% gains straight out of the gates: but it has failed to hold onto the hype. That’s why DigiToads (TOADS) continues to rise to prominence in…

Watch full video on YouTube

The rally continues for Meta Platforms (NASDAQ:META) from its overextended downturn. I was very bullish on the way down, and I am just as bullish on the way up. Since my article on 11/1/22 (can be read here) where I outlined the case for a massive breakout, shares of META…

The venture capital giant Sequoia Capital is splitting its China business into a separate entity amid rising tensions between Washington and Beijing.The renowned Silicon Valley firm, which made bets on fast-growing tech companies such as TikTok parent ByteDance and Alibaba, said on Tuesday it will run its Chinese business as…

This year has been record shattering for anti-LGBTQ legislation, with particular scrutiny on gender-affirming health care access for transgender children and teenagers. Nineteen states have passed laws restricting it — but not all bans are the same. While some states have enacted laws that can punish health care professionals who…