Auto finance is a major profit center for U.S. auto dealerships. Dealers say they make much more on … [+] products like service contracts, and not so much on their share of the customer’s ...
Category: Finance
Live Finance News Updates.
Here’s why the US dollar index (DXY) price could crash to $100
The US dollar index retreated slightly on Tuesday after the strong housing and consumer confidence data from the US. Focus now shifts to the upcoming jobs numbers from the United States that will come...
Coco Gauff Beats Sloane Stephens To Reach First Grand Slam Singles Semifinal
Coco Gauff of the U.S. celebrates after defeating Sloane Stephens of the U.S. during their … [+] quarterfinal match of the French Open tennis tournament at the Roland Garros stadium Tuesday, May...
Here is why TherapeuticsMD jumped 300%
TherapeuticsMD Inc. (NASDAQ: TXMD) surged 300% after the women’s healthcare firm announced the signing of a definitive agreement to be purchased by an EW Healthcare Partners affiliate. EW Healthcare P...
S&P 500: Investors Pile Into 10 Stocks To Catch Market’s Upswing
The S&P 500 is rising again, giving investors a break from a painful few months. And investors are tipping their hands to the stocks they’re betting on. X Six of the 10 S&P 500 stocks to...
These Wallets are the reason for Terra’s destabilized
According to a recent Nansen research, seven distinct wallets destabilized UST by selling huge quantities of the currency into very illiquid Curve liquidity pools, according to on-chain measurements. ...
Tron (TRX) Surpasses $6,000,000,000 in Total Value Locked Amid Explosion of USDD Algorithmic Stablecoin
An under-the-radar altcoin’s total value locked (TVL) is on the rise as its affiliated algorithmic stablecoin continues to capture more market share. Tron (TRX), a project originally designed to serve...
UK Treasury sets out to bolster stablecoin protections following Terra crash
The UK’s Treasury on Tuesday published an initial consultation on managing “systemic failure” in digital assets, proposing bolstered protections related to stablecoins. It recommend...
Leadership Needed To Help 100 Million Displaced Persons Who Seek A Home
Displaced persons seek a place to call home. Leadership is the challenge. getty A report by the UN Refugee Agency (UNHCR) recently said that over 100 million people are currently displaced in the worl...
Is Filecoin (FIL) a good buy in June 2022?
Filecoin FIL/USD has weakened from $15.64 to $6.45 since May 01, 2022, and the current price stands at $8. Technically looking, FIL remains in a bear market, but if the price jumps above the resistan...
Elon Musk Can Face Legal Issues Over His Pro-Dogecoin Tweets: Warns CryptoLaw Founder
John Deaton, the founder of CryptoLaw, has issued a warning to the richest man in the world, Elon Musk that his crypto project can come under the radar of some legal issues since he frequently tweets ...
Warriors Vs. Celtics Series Schedule, Playoff Bracket, Standings, Odds, Props And Betting Trends
SAN FRANCISCO, CALIFORNIA – MARCH 16: Klay Thompson #11 of the Golden State Warriors pulls up to … [+] shoot the ball in the second quarter against Jaylen Brown #7 of the Boston Celtics at...
We ‘have reached peak bearishness’ on recession and Fed fears, Citi says
After a couple of days of strength in stocks, one Wall Street investment bank thinks the worst is behind investors — for now. “Over the near term, our high level takeaway is that the equity mark...
Litecoin price analysis: LTC/USD breaks out at $68.14 as bullish succession continues
Cryptocurrencies price heat map, Source: Coin360 Litecoin price analysis is bullish today, with prices rising above $68.14 The cryptocurrency had found support at $65.90 yesterday and is now seeking t...
Ripple Says Has Bigger Ambitions Than Replacing Swift
It is being claimed that alternatives such as Ripple are trying to replace SWIFT. However, Ripple says that it has bigger ambitions than becoming the SWIFT replacement. Ripple runs RippleNet, which is...
Everscale Speaks at The Capital by CoinMarketCap
The conference continued with a series of active panel talks, fireside chats and virtual workshops, culminating on day two with an interesting discussion on the adoption of cryptocurrencies – includin...
Oil Prices Rise After EU Announces Partial Ban On Russian Imports
Topline Global crude oil prices rose on Tuesday after the European Union unveiled its latest set of sanctions against Russia, which include an immediate ban on two-thirds of all Russian oil imports by...
Axie Infinity developer Sky Mavis reveals first 12 projects in Builders Program
Sky Mavis, the studio behind the popular blockchain-based game Axie Infinity, has announced the first 12 projects accepted in its Builders Program. The program, which targets bringing community-built ...
Blackstone’s New Twist on Private Credit Will Open Up Billions
(Bloomberg) — Blackstone Inc. is testing a new way to bring in cash from rich Europeans. If it succeeds, the private equity powerhouse stands to draw billions to the fast-growing and risky world...
Video Appears To Show Texas 911 Dispatchers Telling Officers Children Were Calling For Help In Classroom
Police officers stand near a makeshift memorial for the shooting victims at Robb Elementary School … [+] in Uvalde, Texas, on May 26, 2022. – Grief at the massacre of 19 children at the el...
First web3 game built with Ankr’s Gaming SDK goes live on the BNB Application Sidechain
Play-to-earn (P2E) and web3 gaming are two blockchain innovations that have lately gained popularity among crypto enthusiasts, gamers, developers, and investors from all over the globe. In the past, p...
UK moves on stablecoin safety nets amid Terra`s crash
The UK government has made a strong commitment to placing the country’s financial services industry at the forefront of cryptoasset technology and innovation. The UK is taking a phased and proportiona...
World’s Richest Man Elon Musk Doesn’t Know How To Code & Is A Drifter, Says Dogecoin co-creator
Jackson Palmer, the co-creator of Dogecoin, has called Elon Musk a “grifter.” Palmer says the world’s richest man just sells a vision that he acts like he understands while having no idea how to run a...
American Eagle Outfitters, Unilever, Nio and more
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Check out the companies making headlines in midday trading. Marathon Oil, Diamondback Energy — Energy sto...
Why Gasoline Prices Are Only Going Higher From Here
FILE – The gasoline price board is shown at a gas station in Menlo Park, Calif., March 21, 2022. A … [+] majority of Americans say they don’t blame President Joe Biden for high gasol...
Finding Buy Opportunities In This Year’s Market Decline
Traders work on the floor of the New York Stock Exchange. Photographer: Cedric von … [+] Niederhausern/Bloomberg © 2018 Bloomberg Finance LP The stock market coughed up 17% of its value from Jan...
Euro-zone inflation hits 8.10%: ‘we think they’ll normalise rapidly’
A continued increase in energy prices saw inflation in the euro-zone hitting a new record of 8.10% in May, the preliminary data from Eurostat revealed on Tuesday. Expectations were for an increase to ...
French Inflation Hits Another Record, Feeding Rate Debate
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg French inflation accelerated to another all-time high, hea...
Some Of Tether’s Undisclosed Reserves Are Held Here!
Tether, the issuer of USDT, holds a secret percentage of its assets in a boutique Bahamian bank. It is also interesting to note that Tether’s reserves of cash, including other instruments, are now fac...
Salesforce earnings expected to serve as business-spending bellwether amid economic uncertainty
Salesforce Inc. is expected to have a much more subdued earnings report in the coming week as fear of a recession and inflation, as well as COVID shutdowns in China and the war in Ukraine, are prompti...