[This webcast is scheduled to begin at 5 p.m. EDT. Please refresh the page if you do not see the video player above.] SpaceX is broadcasting a livestream from orbit on Friday, with the crew of the historic Inspiration4 mission giving an update during their second day in space. Commander Jared Isaacman, pilot Sian Proctor,
Investing News
Sam Edwards | Getty Images The day before Goldman Sachs announced its $2.2 billion purchase of fintech lender GreenSky, someone placed options trades that immediately soared in value, moves that market participants say indicates advance knowledge of the deal. On Sept. 14, the trader bought 8,000 options that would only pay off if the price
As of today, September 16, 2021, the 20-year fixed mortgage purchase rate is 2.76% and the 20-year fixed mortgage refi rate is 2.87%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to be quoted depending on their
In this article GSBD David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs is acquiring digital lender GreenSky for $2.24 billion as the investment bank pushes further into consumer finance. The all-stock deal for GreenSky, called the biggest fintech platform for home improvement loans in a release announcing the transaction, is
As of today, September 16, 2021, the 30-year fixed mortgage rate is 3.01%, the FHA 30-year fixed rate is 2.82%, the VA 30-year fixed rate is 2.81% and the jumbo 30-year fixed rate is 3.13%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more
Acorns president David Hijirida Courtesy: Mo Osborne | Acorns Investing and savings app Acorns has hired a former Amazon executive and fintech CEO to lead day-to-day operations ahead of the start-up’s debut as a public company, CNBC has learned. The company is set to announce Wednesday that it named David Hijirida as president, according to
The Inspiration4 crew in their SpaceX spacesuits, from left: Chris Sembroski, Dr. Sian Proctor, Jared Isaacman, and Hayley Arceneaux John Kraus / Inspiration4 KENNEDY SPACE CENTER, Florida — SpaceX is set to make history as Elon Musk’s space company prepares to launch four civilians to orbit. They will become the first full crew of non-professional astronauts to fly to
Updated: August 25, 2021 As of today, August 25, 2021, the benchmark 30-Year Fixed refinance rate is 3.15%, FHA 30-Year Fixed is 2.99%, Jumbo 30-Year Fixed is 3.32%; 15-Year Fixed is 2.44%, and 5/1 ARM is 2.54%. These rates are not the teaser rates you may see advertised online and based on our methodology should
Marc Lasry, co-founder and chief executive officer of Avenue Capital Group. Adam Jeffery | CNBC Marc Lasry, who makes his living by investing in distressed companies, thinks the U.S. is potentially heading for that status itself. Though he’s not sure of the timing and doesn’t expect major problems to happen anytime soon, the billionaire head
To hear American carmakers and the United Auto Workers tell it, government assistance is non-negotiable. Cash infusions courtesy of the taxpayer are necessary to protect a vital industry, keep people employed, and maintain Detroit’s place as one of commerce’s “shining beacons.” Yet the world’s second-largest car company manages to not only survive without help but generate
An illustration showing the cryptocurrency bitcoin with a price chart in the background. STR | NurPhoto via Getty Images The banking and investing app MoneyLion is adding crypto trading to its all-in-one financial services app. The eight-year-old fintech company, which plans to go public later this month on the New York Stock Exchange under the
In this article APO Marc Rowan, co-founder and senior managing director of Apollo Global Management LLC, speaks at the annual Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 29, 2014. Patrick T. Fallon | Bloomberg | Getty Images The high inflation readings for the U.S. economy are showing up in every
As of today, September 13, 2021, the jumbo 30-year fixed mortgage rate is 3.14%, the jumbo 15-year rate is 2.82%, and the jumbo 7/1 ARM rate is 2.19%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to
In this article CG (Click here to subscribe to the new Delivering Alpha newsletter.) Kewsong Lee is closing out one trip around the sun as sole CEO of The Carlyle Group. It was a unique year for the private equity firm — which oversees more than $270 billion in private assets — with the multitude of challenges
Chewy CEO Sumit Singh (C) rings the opening bell to commence the day’s trading for the Chewy Inc. IPO at the New York Stock Exchange (NYSE), June 14, 2019. Andrew Kelly | Reuters From e-commerce-driven pet healthcare, to cybersecurity, to online sports gaming, upside potential lies in many sectors of the stock market. Financial data
What Is a Cryptocurrency ETF? A cryptocurrency exchange-traded fund (ETF) is a fund consisting of cryptocurrencies. While most ETFs track an index or a basket of assets, a cryptocurrency ETF tracks the price of one or more digital tokens. Based on investor sales or purchases, the share price of cryptocurrency ETFs fluctuates on a daily
Five-starred red flags line the Nanjing Road pedestrian street in Shanghai, China, on June 22, 2021. This year marks the 100th anniversary of the Communist Party of China. Costfoto | Barcroft Media | Getty Images China is at a crucial moment in its political and economic evolution. The political growl that is trying to become
Maskot | Maskot | Getty Images Company: Vonage Holdings Corp. (VG) Business: Vonage is a collection of three main businesses: (i) the legacy consumer VOIP business; (ii) Application Programing Interface (API) business, which helps companies communicate to their customers through text messaging and (iii) Cloud-based Enterprise Communication as a Service business (CaaS). Stock Market Value:
Bribery vs. Lobbying: An Overview Bribery and lobbying are often conjoined in the public mind: Critics of lobbying suggest that it’s bribery in a suit. While both seek a favorable outcome, the two remain distinct practices. Bribery is considered an effort to buy power; paying to guarantee a certain result; lobbying is considered an effort
In this article RKLB An Electron rocket gets ready to launch. Rocket Lab Rocket Lab signed a five-launch contract with European satellite data company Kinéis, in a deal that adds to the space company’s backlog. Kinéis is building an Internet of Things connectivity constellation with 25 satellites, all of which will be launched to orbit
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