The company behind the world’s fourth largest crypto is reinventing itself as a conglomerate. Two of Wall Street’s savviest firms, Fortress and Citadel Securities, are backing it.

FAA to reduce air traffic by 10% across 40 'high-volume' markets. Pfizer matches Novo bid for obesity Metsera as takeover battle rages. Warner Bros. Discovery sets Christmas deadline.

Major financial services firms such as Goldman Sachs, JPMorgan Chase, and Wells Fargo have expanded operations in Dallas, Texas, where the firms have thousands of workers.

Pretty much everyone on Wall Street is in for a sweet payday. But the threat of job cuts from AI looms, a new report predicts.

Listen below or on the go on Apple Podcasts and SpotifyThis is an abridged transcript of the podcast:Our top story so far, more than 1 million

Wall Street, for now, is unanimous in its price target consensus for gains over the next 12 to 18 months. That's not so hard to imagine given the current state of affairs, with Sweetgreen's stock teetering at around $6 per share. The average price target is 75% higher than today, with a high of 186% higher and a low of 27% higher.

The Canadian dollar strengthened against its U.S. counterpart on Tuesday, recovering from an earlier eight-day low, as corporate earnings bolstered Wall Street and the greenback broadly declined.