Cultura Rm Exclusive/twinpix | Image Source | Getty ImagesHome equity is near all-time highs. But tapping it may be tough due to high interest rates, according to financial advisors.Total home equity for U.S. mortgage holders rose to more than $17 trillion in the first quarter of 2024, just shy of...
Category: Finance
Sternlicht defends gating Starwood REIT withdrawals, hopes it will be a ‘6-month thing’ as rates fall
Barry Sternlicht, chairman and CEO of Starwood Capital Group, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, on May 7, 2024.David Swanson | ReutersBarry Sternlicht, Starwood Capital Group chairman and CEO, defended his decision to cap how much money investors could...
‘Roaring Kitty’ post seems to show trader held onto giant GameStop stake after Monday’s rally
Keith Gill, known on Reddit under the pseudonym DeepF-------Value and as Roaring Kitty, is seen on a fragment of a youtube video displayed on a smartphone screen in front of GameStop logo.Pavlo Gonchar | Lightrocket | Getty ImagesMeme stock leader Keith Gill, who's behind GameStop's recent roller-coaster ride, appeared to...
The SEC ruling on Ethereum ETFs could mark a historic shift in crypto investing
VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission's approval of a rule change allowing for Ethereum exchange-traded funds."This is really one of the most amazing things that I've seen in my career with respect to...
Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and more
The logo for Salesforce is displayed on the Salesforce Tower in New York City on March 7, 2019.Brendan Mcdermid | ReutersCheck out the companies making headlines in extended trading:Salesforce — Shares plunged more than 14% after first-quarter revenue of $9.13 billion missed consensus estimates of $9.17 billion, according to LSEG....