Top Stories - Spark Newswire

2 minute read

Billionaire Barry Sternlicht Says Fed Is A ‘Neutron Bomb’ Using ‘Steamroller’ To ‘Kill A Small Fly’

Today, 8:09 AM

Billionaire Barry Sternlicht says the banking system remains under pressure and the economy is headed for not just a hard landing, but a crash landing.

SPY

2 minute read

Block Claps Back At Short Seller Who Is Targeting Jack Dorsey, Adani: ‘Factually Inaccurate And Misleading’

By AJ Fabino

Today, 8:09 AM

Jack Dorsey’s fintech company Block Inc (NYSE: SQ) is responding to a Thursday short report issued by Hindenburg Research that accuses Block of misleading investors and taking advantage of the people it claims to help.

2 minute read

Marco Rubio Voices National Security Concerns, Calls For TikTok Ban

By AJ Fabino

Today, 8:09 AM

Florida Sen. Marco Rubio is calling for the immediate ban of TikTok, citing it as a national security risk for America.

GOOG

2 minute read

Schwab Impervious To A Bank Run? CEO Says Firm Is 100% Insulated If Depositors Flee

By Piero Cingari

Today, 8:09 AM

On the day after U.S.

HOOD

2 minute read

Bill Ackman Warns Of Accelerating Deposit Outflows After Janet Yellen’s Backtrack: ‘Big Mistake’

By Shanthi Rexaline

Today, 8:09 AM

After the Federal Reserve announced a quarter-point increase in the fed funds rate and also hinted at a potential pause in the monetary policy statement, Treasury Secretary Janet Yellen spooked the markets by stating that the T

KRE

1 minute read

Cathie Wood On Why Bitcoin, Crypto Assets Appreciated During Banking Crisis: ‘No Central Point Of Failure’

By Mehab Qureshi

Today, 8:09 AM

Ark Investment Management CEO Cathie Wood on Wednesday argued why investors are considering crypto assets in response to the economic crisis.

BTC

1 minute read

Disney World Florida To Host ‘Biggest’ LGBTQ+ Summit Amid ‘Don’t Say Gay’ Law Friction With DeSantis

By Navdeep Yadav

Today, 8:09 AM

Walt Disney (NYSE:DIS) World ResortÂ in Florida is reportedly gearing up toÂ hold the biggest LGBTQ+ conferenceÂ in the world later…

DIS

2 minute read

Citi Chief Jane Fraser Confident About US Banking System: ‘This Is Not A Credit Crisis’

By Bhavik Nair

Today, 8:09 AM

Citigroup Inc (NYSE:C) CEO Jane Fraser expressed confidence in the U.S. banking system despite a series of bank…

3 minute read

Bitcoin, Ethereum, Dogecoin Slide After Fed Hike: Analyst Sees Apex Crypto ‘Consolidation Before Continuation’ At This Key Level

By Mehab Qureshi

Today, 8:09 AM

Major coins traded in the red on Wednesday evening as the Federal Open Market Committee (FOMC) delivered on its widely expected announcement to raise interest rates by a quarter point.

$DOGE

2 minute read

Elon Musk Says ‘Foolish’ Fed Rate Hike Will ‘Worsen Depositor Flight’

By Bhavik Nair

Today, 8:09 AM

Tesla CEO Elon Musk criticized the Federal Reserve's rate hike, saying it will accentuate depositor flight which is a major headache for policymakers and the banking industry in the wake of the ongoing crisis.</

$DOGE