New York-based crypto company Paxos is pushing back against the idea that stablecoin Binance USD (BUSD) is a security. In a statement released on Monday, Paxos says it received a “Wells Notice” from t...
Category: Finance
Live Finance News Updates.
Homebuilder sentiment in February sees biggest gain in decade
America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family home...
Superplastic, Amazon Sign ‘Janky & Guggimon’ Deal For Show, Fund Raise
February 15 7 am (Image courtesy of Superplastic) Vermont-based Superplastic – the digital studio behind “synthetic celebrities” Janky and Guggimon – has signed a multi-part deal with AmazonAMZN that ...
Jefferies downgraded this retail stock despite strong retail sales report
S&P 500 is trading down on Wednesday after the Census Bureau said retail sales were up way more than expected in January. American Eagle Outfitters stock lacks upside For the month, advanced retai...
Bitpanda launches Pantos: Could solve Interoperability Issue
Bitpanda unveiled Pantos, a DeFi multichain token system. The company aims at solving interoperability en route to full decentralization. Interoperability has been a major issue hindering the develo...
Bitget Launches the Innovation Zone With Innovative Projects That Can Skyrocket in Value
Bitget innovation lab has established the innovation center, which is set to be a great place to find new projects and coins with long-term potential. Bitget is at the forefront of innovation in the c...
FAA tells Senate it will avoid repeat of NOTAM outage
An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia, January 11, 2023 Saul Loeb | AFP | Getty Ima...
Turkey’s Earthquakes Shake Up The Energy And Political World
apartment building in Van (TURKEY) after earthquake getty In rapid succession during the morning of February 6, Eastern Turkey and its environs were hit by first, a magnitude 7.8 earthquake and, then,...
Europe’s Latest ‘Green New Deal’ Is Counterpunch To U.S. Inflation Law
Employees at the BMW plant in Leipzig assemble the “drive module”, the underbody group with battery, … [+] for the electrically driven i3. BMW will make more of these in the US now, ...
here’s what he added to
Warren Buffett’s Berkshire Hathaway is in news today after the conglomerate massively trimmed his stake in a semiconductor behemoth and loaded up on shares of a mass media and entertainment company. B...
Will AMC Entertainment Holdings Inc, (AMC) Stock Price Leave Declining Streak?
AMC stock price has gained around 1.78% during the pre market session of Wednesday. AMC share price has slipped below 20, 50, 100 and 200-days Daily Moving Average. Analysts believe that if AMC stock ...
Diamond Sports prepares for possible bankruptcy
The Ohio Cup Trophy on top of a Bally Sports logo prior to a game between the Cincinnati Reds and Cleveland Guardians at Progressive Field on May 17, 2022 in Cleveland, Ohio. George Kubas | Diamond Im...
A U.S. Vice President, Atmospheric Scientist, And Oceanographer
US Vice President Kamala Harris, right, speaks at Georgia Institute of Technology in Atlanta, … [+] Georgia, US, on Wednesday, Feb. 8, 2023. Photographer: Erik S. Lesser/EPA/Bloomberg © 2023 Blo...
This Snubbed Fuel Is The Place To Be For 5.6% Dividends And Gains
Oil Or Gas Transportation With Blue Gas Or Pipe Line Valves On Soil And Sunrise Background getty Natural gas prices have been completely washed out—and that’s set up some sweet dividend opportunities ...
Cosmos Hub to undergo Rho network upgrade today
Published 40 minutes earlier on The Hub, the central chain of the Cosmos ecosystem, is preparing for the anticipated Rho network upgrade that’s set to launch today around 8 p.m. EST at a block h...
RBLX Stock Prepares for Q4 Earning; Short Covering Rally Possible?
NYSE: RBLX stock price holds the 50 day EMA and formed a bullish reversal pattern Roblox Corp stock price failed to break out of the downward sloping trendline RBLX Q4 earning estimates remains negati...
New Balance introduces Rich Paul’s Klutch Athletics sportswear brand
Klutch Athletics will support and serve athletes throughout their athletic journey including youth, collegiate and professional sports Courtesy: Clutch Athletics Rich Paul, the sports agent who repres...
Missing A Debt Payment, Diamond Sports Is On The Verge Of Bankruptcy; Upending Local Sports Revenue Model
With Regional Sports Network Bally’s Sports expected to file for Chapter 11, Major League Baseball … [+] Commissioner Rob Manfred says MLB, if needed, could take over distributing live in-...
Judge denies request for FTX bankruptcy examiner
A judge denied a request to appoint an independent examiner in FTX’s bankruptcy case, noting that one would be too expensive when multiple investigations into the troubled crypto exchange are underway...
Tesla commits to open 7,500 chargers in the U.S. to other EVs
The Biden administration wants to see at least 500,000 electric vehicle chargers on U.S. roads by 2030, and announced a slate of initiatives on Wednesday to help make that a reality, including commitm...
China Threatens Retaliation Against U.S. For Downing Surveillance Balloon
Topline China intends to take unspecified “countermeasures” in response to the U.S. government shooting down a suspected Chinese spy balloon over the Atlantic Ocean, an official suggested Wednesday, a...
Housing Market Downturn Pushes Record Number Of Investors Away—Here’s Why That’s Good News For Home Buyers
Topline The number of homes scooped up by investors fell at a record pace last quarter amid higher mortgage rates and forecasts calling for substantial declines in home prices—further clouding the out...
Senate Republican drafting proof-of-reserve legislation
Policy • February 15, 2023, 10:46AM EST Published 16 hours and 30 minutes earlier on Sen. Thom Tillis, R-N.C., is drafting legislation to require digital asset exchanges and custodians operating in th...
What to do with Roblox stock after a 25% rally today?
Roblox Corp (NYSE: RBLX) opened about 25% up on Wednesday after beating estimates for bookings in the holiday quarter. Could Roblox stock climb any further? The video game developer reported $899 mill...
Best Buy (BBY) Price Prediction: Will BBY Stock Price Reach $100?
BBY stock price soaring through an interesting rising wedge pattern over the daily time frame chart. BBY share price needs to maintain this recovery rate to surpass $100 resistance level. American glo...
Here’s how much you can make in 2023 and pay 0% capital gains taxes
vitapix | E+ | Getty Images Planning to sell some investments this year? It’s less likely to affect your 2023 tax bill, experts say. Here’s why: The IRS made dozens of inflation adjustment...
Pentagon Practiced Shooting Down Spy Balloons In Alaska Wargame Two Years Ago
The U.S. military appears to have anticipated the threat posed by Chinese balloons and has practiced tackling them for at least two years, according to Pentagon budget documents describing a classifie...
Chinese Spy Balloon ‘Graphic Reminder’ Of Geopolitical Market Risks—Here’s What Investors Should Know
Topline The Chinese spy balloon shot down off the coast of South Carolina last week and subsequent firestorm around three other unidentified objects in North America pose a “graphic reminder of the fl...