Reddit is joining the S&P 500 after months of speculation. Analysts have these concerns.
After past snubs, social-media site Reddit has landed a spot on the S&P 500, sending shares on an after-hours rally Thursday.
After past snubs, social-media site Reddit has landed a spot on the S&P 500, sending shares on an after-hours rally Thursday.
Lumin Digital, a digital banking tech provider to credit unions and small-to-mid-tier banks, announced on Wednesday that it has received $70 million in new investment from its own bank and credit union clients. Processing Content This follows a recent $45 million growth equity fundraise for Lumin led by Light Street Capital, which joined Lumin as…
Eclipsing the pyramid: stablecoins and settlement – Journal of Financial Market Infrastructures Skip to main content End of drawer navigation content A “settlement eclipse” occurs when a transfer system grows large enough to occult the settlement function of a superior layer of the monetary pyramid. A “settlement eclipse” presents benefits, particularly reducing costs for private…
An entity tied to Brooklyn-based developer Wolfe Landau has snapped up two adjacent Financial District lots poised for redevelopment. The buyer, Landau’s Peninim Water, paid $35 million across two deals for 78 Pearl Street and 46-48 Water Street, according to property records made public Tuesday. The New York Business Journal first reported the deal. SEE…
Dallas-Fort Worth’s growth over the last 15 years has turned it into one of the most important commercial real estate markets in the country, and industry professionals have had to adapt to keep up. Photo credit: Bisnow/Billy Wadsack Honorees at Bisnow’s 2026 DFW Women Leading Real Estate Awards event DFW has grown by nearly 40%…
New Orleans Mayor Helena Moreno expressed concern that Republican state officials may be targeting an already executed casino lease agreement that strengthened the city’s reserves. New Orleans withdrew a bond application before the Louisiana State Bond Commission in what might be the latest chapter of an intensifying political struggle between the city and state governments. …
The UK’s Financial Conduct Authority published a wide-ranging review of artificial intelligence in retail financial services today (Monday), the first of its kind commissioned by a financial regulator globally, the FCA said. The report, led by FCA executive director Sheldon Mills and known as The Mills Review, concludes that AI is likely to reshape how…