Bitcoin has already received the Ordinal Inscription Upgrade last year With the recent upgrade, both the proof-of-work networks are now ‘NFT enabled’ Amidst a number of upgrades across various project...
Category: Finance
Live Finance News Updates.
Jamie Dimon says the Federal Reserve has ‘lost a little bit of control of inflation’
JPMorgan Chase CEO Jamie Dimon said Thursday that the Federal Reserve has lost some control of inflation, but noted the U.S. economy continues to show signs of strength. “I have all the respect ...
Humana Will Phase Out Employer Group Business To Focus On Medicare And Medicaid Health Plans
The Humana Inc. headquarters office stands in Louisville, Kentucky, U.S., on Friday, July 13, 2012. … [+] Photographer: Ty Wright/Bloomberg © 2012 Bloomberg Finance LP Humana will exit its “empl...
Ted Cruz just slammed the IRS over its proposed tip reporting program — that could hike taxes owed by certain workers. This is what it might mean for you
‘Next level cruelty’: Ted Cruz just slammed the IRS over its proposed tip reporting program — that could hike taxes owed by certain workers. This is what it might mean for you Out of all the federal a...
Black families’ net worth has grown since Covid, but wealth gap remains wide
Black families saw their wealth grow more than that of non-Black households during the pandemic, but the racial wealth gap is still vast, a new study showed. The average net worth among Black househol...
All Aboard These Three Railroad Stocks?
. Rail transport companies are in the crosshairs of the media due to recent events involving derailments. In the past few months, rail workers’ rights have been a hot-button debate, with workers threa...
What Would Happen If the Supreme Court Blocks Student Loan Forgiveness?
If the Supreme Court strikes down student loan forgiveness, borrowers would have to repay debts while facing more financial pressures than before the pandemic. The court is deciding whether President...
Domino’s Pizza, Lucid, Nvidia, Nikola and more
Lucid Air Courtesy: Lucid Motors Check out the companies making headlines in midday trading. Nvidia — The chip stock spiked 12% after Nvidia topped expectations on the top and bottom lines in its most...
Firestone, IndyCar Prepare For ‘Most Sustainable Season Of Motorsports Ever’
These tires are made from the guayule plant, a sustainable product that can produce rubber. These … [+] will be the alternate tires at all street races on the 2023 NTT IndyCar Series season. IND...
How To Avoid The Worst Sector Mutual Funds 1Q23
Concept of Funding, Financing Business Project. 3D illustration of generic golden coins and pawns … [+] over black background. getty Question: Why are there so many mutual funds? Answer: Mutual ...
NTSB Ohio train derailment report points to overheated wheel
Workers continue to clean up remaining tank cars, Tuesday, Feb. 21, 2023, in East Palestine, Ohio, following the Feb. 3 Norfolk Southern freight train derailment. Matt Freed | AP Federal authorities o...
Lucid, Nvidia, Dollar General, Sunrun and more
A sign is posted at the Nvidia headquarters on May 25, 2022 in Santa Clara, California. Justin Sullivan | Getty Images Check out the companies making headlines in early morning trading. Lucid Motors —...
Navigating The New Norm For Luxury Brands
Hermes store Hong Kong. (Photo by: Andrew Woodley/Universal Images Group via Getty Images) Education Images/Universal Images Group via Getty Images Just 50 days into 2023 and the year has already prov...
Amazon Completes $3.9bn One Medical Acquisition After FTC’s Antitrust Challenge Times Out
Amazon campus in Palo Alto, California. Getty Key Takeaways Amazon’s acquisition of One Medical has completed after the FTC’s objection to the merger timed out The FTC is still continuing its investig...
OP token pops 7% following Coinbase Layer 2 announcement
Markets • February 23, 2023, 10:03AM EST Optimism’s token price soared following Coinbase’s announcement that it would build its Layer 2 network on the OP Stack and become a core developer...
Real estate slump hits home as Wells Fargo axes hundreds of mortgage bankers days after taking some to a California resort
Picture a conference in Palm Desert, Calif., where the weather is warm and the activities are as much recreational as educational. Wells Fargo bankers were recently treated to such a company-sponsored...
Luminar price surged 28% after expansion of Mercedes Benz deal
Luminar Technologies (NASDAQ: LAZR) Lidar unit will be a part of upgraded hands free driving system that Mercedes Benz plans to roll out soon LAZR stock price shot up 28% and witness huge spike in buy...
Lordstown halts production of EV Endurance trucks to fix issues
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Lordstown Motors sa...
Alibaba Beats! (Along With NetEase & Vipshop)
China Last Night KraneShares Alibaba Q4 Earnings Overview Alibaba beat analyst expectations in its financial results, reported this morning, despite challenges from reopening and resulting infections ...
Sam Bankman-Fried faces new criminal charges including conspiracy to commit bank fraud
Legal • February 23, 2023, 9:55AM EST FTX founder Sam Bankman-Fried is facing new criminal charges after a judge unsealed a new 12-count indictment against him on Thursday, months after the former cry...
Rolls-Royce stock jumped 25% on Thursday: here’s the catalyst
Rolls-Royce Holdings PLC (LON: RR), on Thursday, reported a 57% annualised growth in its full-year underlying profit. Shares are up nearly 25% today. What drove strength for Rolls-Royce in 2022? The B...
The bond market’s worst-case scenario isn’t a Fed rate of 6%. It’s this.
A doomsday scenario for bonds in 2023 wouldn’t be the fed-funds rate reaching 6% by July. A bigger worry would be if U.S. inflation that’s been slow to retreat starts heading higher annually, said Jas...
Domino’s Pizza (DPZ) and Papa John’s (PZZA) report earnings
Medianews Group/reading Eagle Via Getty Images | Medianews Group | Getty Images Domino’s Pizza and Papa John’s both fell in pre-market trading after reporting mixed earnings on Thursday mo...
Better Sleep Could Improve Health And Add Years To Your Life, Study Suggests
Topline Having better sleep habits—like sleeping for seven to eight hours each night—could improve overall health and decrease the likelihood of an early death, according to data released Thursday, as...
One Of The Most Useful Tools For Cannabis Investors And Entrepreneurs Goes Online After 8 Years Of Exclusive Email Access
Viridian Deal Tracker Javier Hasse As the cannabis industry continues to expand, businesses need to keep a close eye on new product types and trends, form factors and pricing to stay competitive. Sale...
Machine learning algorithm sets Cardano price for March 1, 2023
Cardano’s (ADA) value has recently experienced sideways trading, with the asset failing to hold above the $0.40 resistance level. Despite depending on the general market movement, ADA is banking on in...
Google wants returning staff to share desks with a ‘partner’ to maximize office space—but they’ve got to agree on ‘tidiness expectations’
Googlers are being asked to share their desks with a “partner” in a bid to maximize space efficiency at some of the tech giant’s largest offices. While other Big Tech firms are battl...
Invest Cuffs 2023 – one of the largest investment congresses in Europe!
The next edition of the Invest Cuffs Conference and Trade Fair will take place on March 24-25, 2023. This will be the ninth edition of the event, which annually attracts several thousand participants ...
Tempted to chase fat yields in money market accounts? Why it might not pay to switch.
The yield chase is on. After more than two years of historically low interest rates, savers are rediscovering that they can earn money on their money by letting it sit. During the pandemic, many saver...