Business

Since 1974, 21 out of 27 S&P 500 corrections of 10% to 20% ended without turning into a 20% bear market. Here is how the thresholds and recovery math compare.

Treace Medical Concepts beat Q3 estimates with a $0.19 per share loss on $48.25M in revenue, swinging to $309,000 in positive adjusted EBITDA after cutting operating expenses by 10%.

Villa Vie Residences' main lender has taken control of the Odyssey cruise ship and sailed it toward Singapore, leaving roughly 200 residents stranded after paying up to $500,000 for cabins.

The Dow Jones Industrial Average fell 1,833.06 points and the Nasdaq Composite dropped 5.52% into correction territory Thursday as AI and chip stocks tumbled.

Commercial crypto policies often cover just 10% of an exchange's total holdings, while FDIC insurance applies only to cash at partner banks if the bank fails.

Crypto exchanges track roughly $192 billion in reserve assets using digital wallet signatures and Merkle sum trees, though the SEC warns these snapshots omit corporate debt.