Investing

Massachusetts regulators have fined the online brokerage firm Webull $500,000 for what they describe as lax compliance operations that failed to keep pace with a steep increase in the firm’s customer base. Webull, launched in 2018, enjoyed rapid growth, eventually topping six million accounts, including more than 100,000 in Massachusetts.…

At least one area of the economy is still booming: data centers. That’s clear from the expanded partnership announced Thursday between electrical hardware and software giant Schneider Electric and Compass Datacenters. Compass builds data centers and Schneider (ticker: SU.France) produces equipment that makes data centers work. The expanded partnership is…

Being rich offers little protection against making costly financial mistakes. For this week’s Barron’s Advisor Big Q, we asked financial advisors to identify errors that very wealthy individuals tend to make. One mentioned clients who overly concentrate stockholdings in the companies they work for. Another said she’s seen estate plans…

Founding Father James Madison could stare out at the Blue Ridge Mountains from the second-story library at his famous Montpelier, Va., home. To Madison, both the land beyond those peaks and drafting the nation’s Constitution represented the possibilities of what America could be.That idea—what America could be—is still the ethos…

Intel Corp. shares INTC, +2.80% were up 2.8% in afternoon trading Friday and flirting with their highest close in more than 15 months, according to Dow Jones Market Data. The stock traded as high as $38.99 earlier in the session and recently changed hands at $38.86. A close above $38.86…

U.S. stocks rebounded strongly Friday, perking back up a day after the S&P 500’s longest win streak in two years was snapped. The Dow Jones Industrial Average DJIA, +1.15% closed about 391 points higher Friday, or 1.2%, ending near 34,283, according to preliminary FactSet data. The S&P 500 index SPX,…

Most large cryptocurrencies were up during morning trading on Friday, with Solana SOLUSD, +3.60% seeing the biggest move, jumping 11.93% to $50.46. Seven additional currencies posted increases Friday. Uniswap UNIUSD, +2.44% climbed 5.59% to $5.16, and Polkadot DOTUSD, +1.61% climbed 2.78% to $5.03. Dogecoin DOGEUSD, +6.79% rose 1.59% to 7…

© 2024 Finances Smart. All Rights Reserved.