Rocket Lab COO Frank Klein sells $2.37 million of RKLB common stock

The K-shaped economy has become shorthand for a widening, persistent economic divide: higher-income Americans pulling further ahead — in wealth, spending and financial security — while many lower-income households struggle to keep up. Now, that shape may be shifting. “I got sick of hearing about this K-shaped economy,” Treasury Secretary Scott Bessent told CNBC’s “Squawk…

Home Awards Award Winners Best Sub-Custodian Banks 2026: Africa Global Finance honors the financial institutions modernizing sub-custody. Africa STANDARD BANK Suemantha Dahya, Standard Bank Standard Bank offers the most comprehensive custody franchise on the continent through its powerful range of solutions and market expertise, providing international investors with secure and efficient access to regional markets. In…

EUR/JPY remains stronger for the second successive day, trading around 186.00 during the Asian hours on Friday. The technical analysis of a daily chart indicates that the spot is moving higher within the ascending channel pattern, signaling a persistent bullish bias. The EUR/JPY cross is retaining a bullish near-term bias as it holds above both…

If you like the idea of tax-free retirement income and don’t want to deal with the hassle of required minimum distributions (RMDs), a Roth conversion may be worth pursuing. With a Roth conversion, you convert a traditional retirement account balance to a Roth IRA. It’s a strategy that works well for many retirees, but it’s…

Canada’s financial system has functioned well through a challenging year. Households and businesses remain in stable financial condition, and banks have strengthened their capacity to absorb shocks. However, vulnerabilities have increased in some parts of the system, and a more turbulent global environment poses risks to financial stability.