News
The Creditly News Page is the go-to news source for topics related to financial, business, and credit current events. From credit score news, credit articles, and more. The Creditly News page is updated throughout the day. Hence bringing you the latest and greatest personal financial news. Don’t forget to bookmark it!
- Jim Chanos: Bear market is doing something unheard of in my career
Famed short seller Jim Chanos sees an alarming trend in the market.
- Stocks making the biggest moves after hours: Whirlpool, NXP Semiconductors, UnitedHealth and more
See which stocks are posting big moves after the bell.
- Long Covid has an ‘underappreciated’ role in labor shortage, study finds
Long Covid has kept some people out of work for over a year, a new report finds, offering yet more evidence of the illness' labor impact.
- Stocks making the biggest moves midday: Carvana, Colgate-Palmolive, Tesla and more
These are the stocks posting the biggest moves during midday trading.
- Stocks making the biggest premarket moves: Colgate-Palmolive, Kohl's, Boot Barn and more
These are the stocks posting the largest moves in the premarket.
- Sam Bankman-Fried tried to influence witness through Signal, DOJ alleges
Sam Bankman-Fried should be barred from encrypted messaging software, the government said, citing possible efforts at witness tampering.
- Premier League signs deal with NFT-based fantasy soccer game despite crypto downturn
Players of fantasy soccer game Sorare will be able to purchase and use official Premier League-licensed NFTs under an exclusive multi-year agreement.
- Europe's crackdown on Big Tech omitted TikTok — but now that's set to change
TikTok is beginning to feel the sting of political and regulatory pressure in Europe, where the Chinese-owned app has evaded the scrutiny it's faced in the U.S.
- U.S. unemployment system still plagued by delays 3 years after pandemic-era downturn
Unemployment benefits aren't reaching people in a timely manner despite a low volume of claims. The system is still recovering from the initial pandemic shock.
- Here are 5 things to know about filing a tax return this year
Tax season opened Jan. 23. Here are some tips and things to know before filing a return, including ways to get a faster tax refund from the IRS.
- Goldman Sachs CEO David Solomon gets 29% pay cut to $25 million after tough year
While the bank was hit by industrywide slowdowns in capital markets activity last year, CEO David Solomon also faced his own set of issues.
- Stocks making the biggest moves midday: American Express, Intel, Silvergate Capital and more
These are the stocks posting the largest moves in midday trading.
- Stocks making the biggest moves premarket: Intel, Chevron, American Express, Silvergate and more
These are the stocks posting the largest moves in early trading.
- $6.6 billion fintech Wise accused by rival of harming competition
Wise was accused of harming competition in the money transfer market by delisting a rival, Atlantic Money, from its currency exchange comparison tool.
- Stocks making the biggest moves after hours: Intel, Visa, Hasbro and more
These are the stocks posting the largest moves in after-hours trading.
- Stocks making the biggest moves midday: Chevron, Tesla, Seagate Technology, United Rentals and more
These are the stocks posting the largest moves in midday trading.
- Bank earnings scorecard: All the numbers are in. Wells Fargo, Morgan Stanley still our favorites
We compiled the quarterly results to compare how our Club holdings, Wells Fargo (WFC) and Morgan Stanley (MS), stand up against their competitors.
- Amazon, Google, Meta, Microsoft lay off thousands — but tech jobs are still hot in 2023, Indeed finds
Job opportunities are abundant in the broader ecosystem of technology jobs, despite woes at the traditional tech giants, according to Indeed.
- Stocks making the biggest moves premarket: Southwest, Tesla, Las Vegas Sands and more
These are the stocks posting the largest moves in premarket trading.
- Stocks making the biggest moves after hours: Tesla, Chevron, ServiceNow, Levi Strauss, IBM and more
These are the stocks posting the largest moves in after-hours trading.
- Stocks making the biggest moves midday: Sunrun, U.S. Bancorp, Alphabet, AT&T and more
These are the stocks posting the largest moves midday.
- BlockFi secret financials show a $1.2 billion relationship with Sam Bankman-Fried's crypto empire
Financial documents that were mistakenly uploaded from bankrupt crypto firm BlockFi show a $1.2 billion relationship with FTX and Alameda Research.
- 'Outright negative' on stocks: JPMorgan's Marko Kolanovic braces for correction, hard landing
JPMorgan's Marko Kolanovic warns 2023's market rally will collapse. The Institutional Investor top-rated strategist cut his exposure to underweight this month.
- Stocks making the biggest moves after hours: Microsoft, Texas Instruments, Capital One & more
See which stocks are posting big moves after the bell.
- Stocks making the biggest moves midday: 3M, Paccar, Bed Bath & Beyond, AMD and more
These are the stocks posting the biggest moves during midday trading.
- Uber Freight cuts 150 jobs, about 3% of the unit's head count
Uber Freight laid off 150 employees on Monday, the first such cuts to hit any part of Uber since the onset of Covid in 2020.
- Stocks making the biggest moves premarket: Bed Bath & Beyond, Verizon, Lululemon and more
These are the stocks posting the biggest moves in early trading.
- When it comes to the energy transition, one analyst sees the market making a big mistake
The comments, from Lombard Odier's head of sustainability research, were made during a discussion at the World Economic Forum in Davos, Switzerland.
- Qatar doubles Credit Suisse stake as embattled lender forges ahead with strategic overhaul
The Qatar Investment Authority is now the second-largest shareholder in Credit Suisse after doubling its stake in the embattled Swiss lender late last year.
- Aramco-backed fintech opens bank branch in London to help Muslims invest
Wahed, an Islamic fintech startup backed by Saudi Aramco and Paul Pogba, debuted its own retail presence in the U.K. Tuesday.
- What Are All the Credit Score Ranges? Here's Your Go-To Guide
Is your credit score good enough to lead the life you want? We explain the various credit score ranges and how to boost your financial stability.
- The 4 Biggest Difficulties Every Entrepreneur Faces
Here are some of the most common challenges entrepreneurs should expect to face, along with tips on how to overcome them.
- Finance Ministry Amends Credit Limits To Airlines Under ECLGS
As per reports, this is the second time the government has liberalized the scheme for aviation industry
- FincFriends Raises $1.1 Million In Third Equity Round
The fund raised will be used to embark on an organic growth trajectory by making key investments in current business offerings, expanding its geographical footprint to tier II and III cities and strengthening its lending portfolio
- Finverv Raises Pre-Seed Funding From Antler India
The fund raised will be used to build and strengthen the platform's functional teams and scale up partnerships
- Digital Lending Platform Abhi Loans Raises $4.5 Million
The fund raised will be allocated for technology development and the growth of the loan book
- Credit Fair Raises $10 Million In Seed Extension Funding
The company plans to utilize the fund to augment technology and deliver a superior customer experience at the point-of-sale
- Jai Kisan Raises $50 Million In Series B Funding
The fund raised will be used to expand the product suite, enhance the customer journey, accelerate the phenomenal growth of existing products, strengthen talent and boost data science and engineering capabilities
- Fintech SaaS Platform Fundflo Technologies Raises Seed Funding
The fundraise will help the company to invest in new technologies and come up with new offerings
- WonderLend Hubs Raises $1.6 Million Seed Fund
The fund raised will be utilized for completing the company's platform as a service transformation, strengthening sales and marketing, and building a delivery excellence framework
- Aerem Raises $2.5 Million In Pre-Series A Funding
The fund raised will be used for growing loan book, building out tech platform and to hire teams in technology, product, finance and operations
- Capital C Corporation Secures Singapore $74 Million
The funds will be utilized towards expanding Capital C's core team and tech capabilities to empower underserved individuals and companies in Singapore, and also to expand its ecosystem of financial services
- Micro MSME Fintech ARTH Raises $2.5 Million
The fresh fund will be used for strengthening the technology capabilities and expanding the suite of financial services being offered to be a single point platform for micro MSMEs
- In a Land of Entrepreneurs: Is America Doing Enough for Refugees and Immigrants?
Immigrants are more likely to start businesses than members of the native population. But to do so, they first need credit.
- CredAvenue Takes Majority Stake In Corpository
With this acquisition, all lenders on CredAvenue will be able to evaluate and make lending decisions on the platform itself
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