CHICAGO - A new product from Barclays Global Investors is the first exchange-traded fund to be offered on the Chicago Board Options Exchange.
The iShares S&P 100 Index Fund seeks investment results to correspond to the price and yield performance of the Standard & Poor's 100. The introduction was announced Friday.
Barclays manages about $833 billion of assets in more than 1,500 funds. The funds track 200 indexes for 1,800 clients in 34 countries.
Jack Dorsey's payments company also laid off employees early in 2025 and 2024 following a self-imposed employee cap of 12,000 in November 2023.
Kohler Credit Union, Think Bank and Communication Federal Credit Union gave their onboarding and direct deposit tech an upgrade through fintech partnerships.
To address a budget deficit, the state of Washington has begun taxing credit unions that buy banks. Critics say there's just one problem: The tax will deter any such acquisitions from happening.
Some distressed companies that tapped the Federal Reserve's Main Street Lending Program say they've been crushed by the agency's hard-line stance on modifications.
Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
