Financial Services

State Street ended 2021 with $43.68 billion in assets under custody. Photo:…

The price of bitcoin lurched below $20,000, and below a level widely monitored by cryptocurrency enthusiasts, as a brutal selloff in crypto showed no signs of abating. Bitcoin fell as low as $18,739.50…

Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway BRK.A, +0.02% BRK.B, -0.36% comes to mind, of course, but what about Warren Kaplan?…

The Federal Reserve signaled it would begin steadily raising interest rates in mid-March, its latest move toward removing stimulus to bring down inflation.Fed Chairman Jerome Powell said Wednesday that the…

ARK Invest founder Cathie Wood offered the latest defense of the once-highflying, disruptive innovation strategies that had made her suite of exchange-traded funds among the most popular, and best-performing, on…

Investing usually uses a combination of head, heart and gut even if it’s not supposed to. And perhaps no market theme stirs “all the feels” quite like ESG.This week, a major move to cut Tesla from a closely followed environmental, social…

The House Financial Services Committee on Friday issued a long-awaited report on the “meme” stock phenomena, shining new light on pressures faced by retail brokerages, including Robinhood Markets Inc., during the…

U.S. stock indexes opened higher Tuesday, a day after a record close for the S&P 500 amid lower liquidity in the last days of the year.The S&P 500 added 0.1% after the broad-market index rallied 1.4% on Monday. The Nasdaq…

Technical strategist Tom DeMark in March said bitcoin could fall as low as $18,418 — back when the cryptocurrency was trading as high as $48,000. A volatile weekend had bitcoin BTCUSD, -0.45%…

A general view of the Santander headquarters on May 18, 2012 in London, England.Photo: Dan Kitwood (Getty Images)Tens of thousands of people in the United Kingdom probably thought they had been especially good thispast year when they…