The CEO of Toyota was skewered recently when he expressed serious criticism about the auto industry’s headlong rush into electric vehicles (EVs) by saying, “We shouldn’t limit ourselves to just one op...
Category: Finance
Live Finance News Updates.
Mt. Gox first repayments pushed back to September
The timeline for Mt. Gox financial details registrations and repayments has been pushed back by two months. The first tranche of repayments from Mt. Gox has been moved to Sept. 30 from July 31, ...
10 Biggest Canadian Oil & Gas Companies
The Canadian Oil and Gas Industry The oil and gas industry in Canada, as in other regions, is generally divided into three main segments: upstream, midstream, and downstream. Upstream companies engage...
MSafe raises $5M for Web3 financial services
MSafe recently announced concluding a seed funding round, collecting $5M. Known for developing the first multi-signature wallet platform on Aptos. The round was led by Jump Crypto, while names like C...
China’s big cities are starting to look past Covid, while rural areas brace for infections
Subway passenger traffic in Shanghai is quickly returning to levels seen before the latest Covid wave, according to Wind data. Pictured here is a subway car in the city on Jan. 4, 2023. Hugo Hu | Gett...
Hawaii’s Kilauea Volcano Erupts Again—Prompting Officials To Raise Alert Level
Topline Hawaii’s Kilauea, one of the world’s most active volcanoes, began erupting on Thursday after pausing last month, the U.S. Geological Survey said, prompting officials to raise the volcano’s ale...
Machine learning algorithm sets Cardano price for January 31, 2023
After ranking as the top cryptocurrency protocol by development activity in 2022, Cardano (ADA) investors and traders alike will be keeping a close eye on the digital asset as it continues making stri...
Coinbase and ENS partner to provide cb.id usernames for free
Coinbase and ENS, short for Ethereum Name Service, have entered into a partnership to provide Web3 usernames to its users for free. These usernames are managed by Coinbase. They can be claimed through...
Andretti joins forces with General Motors for Cadillac Formula 1 entry bid
Michael Andretti, team owner of Walkinshaw Andretti United, looks on during qualifying for Supercars Adelaide 500 on March 2, 2018 in Adelaide, Australia. Daniel Kalisz | Getty Images Sport | Getty Im...
The Entertainment Industry Invests In Gen Z Veering More Towards Non-Alcoholic Drinks
NEW YORK, NEW YORK – OCTOBER 14: ZOA on display at the Food Network New York City Wine & Food … [+] Festival presented by Capital One – Southern Glazer’s Wine & Spirits...
$1.5 billion inflows Solana in a week; Can SOL hit $20 in January 2023?
Decentralized finance (DeFi) token Solana (SOL) was among the biggest losers of the 2022 crypto bear market, with the correction accelerating toward the end of the year. Part of the losses emanated fr...
How will the NFP data affect the US dollar index (DXY)?
The US dollar index (DXY) drifted upwards on Friday as investors reflected on the recent Fed minutes and the upcoming Non-Farm Payrolls (NFP) data. It rose to a high of $105.43, which was the highest ...
Why a Long-Term Investor Is Sticking With Tesla and Cloud Shares
Everything about the investment approach at Baillie Gifford screams patience. Founded more than 110 years ago, the Scottish portfolio management firm, which oversees $250 billion, is a believer in the...
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Ram previews new electric pickup to rival Ford, Rivian
Ram 1500 Revolution BEV electric concept truck Stellantis Ram Truck previewed its upcoming electric pickup Thursday at the CES technology show, as the automaker plans its entrance into the emerging se...
Kevin McCarthy Chaos Puts Asia’s $3.5 Trillion In Jeopardy
Kevin McCarthy’s inability to persuade his peers to elect him as the speaker has ground the House to a halt, preventing any legislative business from being conducted. Kent Nishimura / Los Angeles Time...
FTM price forecast after latest governance proposal passes
Fantom (FTM/USD) successfully passed its latest governance proposal, which aims to bring gas monetization to successful decentralized applications (dApps). Fantom is a scalable blockchain platform bui...
Chart Industries is not a buy
Carvana Co: “I do not want you in Carvana. I have disliked this stock for ages, and I reiterate that I still dislike it.” Chart Industries Inc: “This is not the time to go into a rea...
Ruble forecast as natural gas prices tumble
The USD/RUB exchange rate drifted upwards as natural gas prices tumbled. The Russian ruble dropped to a low of 73.40, the lowest level since April 2022. It has crashed by more than 41% from the highe...
Jim Cramer says he likes these 5 Nasdaq stocks for 2023
CNBC’s Jim Cramer on Thursday gave investors a list of stocks that he believes could be worthwhile additions to investors’ portfolios. All of his picks are listed in the Nasdaq Composite. ...
Bankman-Fried tells FTX debtors to leave his Robinhood shares alone
FTX co-founder Sam Bankman-Fried has filed a court action seeking to block debtors from taking control of his roughly $450 million stake in brokerage Robinhood. Lawyers for the disgraced exchang...
Fed’s Bullard Says Falling Money Supply a Good Sign on Inflation
(Bloomberg) — A sharp decline in the M2 measure of the US money supply could be good news for policymakers in their efforts to bring high inflation under control, St. Louis Fed President James B...
Constellation Brands CEO hints stock buyback could be on the horizon
Constellation Brands (STZ) could potentially implement a stock buyback program, CEO Bill Newlands said Thursday — a move we would welcome as shareholders in the alcoholic beverage maker. Newlands̵...
SEC probes FTX investors on due diligence procedures: Reuters
The U.S. Securities and Exchange Commission (SEC) wants to understand the due diligence process investors followed when it came to investing in collapsed crypto exchange FTX, according to a Reuters re...
ChainSafe & Aztec Network’s integration proposes to solve ENS privacy issues
ChainSafe Solutions takes the opportunity of sharing the proposal that it has forwarded at the Ethereum Name Service (ENS) DAO weekly ecosystem meeting on the 8th of December, 2022. The prime issue th...
Jim Cramer says market pain is needed to prevent endless price hikes
CNBC’s Jim Cramer on Thursday reminded investors that pain in the stock market is unfortunately necessary for the Federal Reserve to win against inflation. “Nobody wants to root for layoff...
HedgeUp Aims To Provide Access to a Wide Range of Alternative Investment Products
HedgeUp is a decentralized platform that aims to create more awareness about alternative investment products in the decentralized finance (DeFi) ecosystem. HDUP is an asset with a niche offering. The...
This ‘crazy’ retirement portfolio has just beaten Wall Street for 50 years
You could call it crazy. You could call it genius. Or maybe you could call it a little of both. We’re talking about a simple portfolio that absolutely anyone could follow in their own 401(k) or IRA or...