Topline U.S. Treasury Secretary Janet Yellen expressed confidence the U.S. can avoid a recession after adding more than 500,000 jobs in January that brought unemployment to a 54-year low, –despite a r...
Category: Finance
Live Finance News Updates.
Bed Bath & Beyond stock rallies 85% as meme stocks soar
Bed Bath & Beyond (BBBY) shares spiked as much as 85% during Monday’s session, trading above $5.65 each as a recent rally in the nearly-bankrupt retailer continues to gain momentum. Shares o...
Strict Guidelines Are Needed On Digital Assets; CFTC Chairman
To tackle upcoming crypto crashes, US lawmakers argued that they wanted new regulations on crypto assets. As the country was moving towards the crypto world, the Democrats of the United States believe...
Turkey Questions The Wisdom Of Having An All-American Air Force
Aside from having the second-largest army in NATO, Turkey also operates the third-largest fleet of U.S.-built F-16 fighter jets in the world. However, unlike many U.S. allies in the wider region, it d...
China Launch Activities to Reiterate Digital Yuan’s Usage
China organises extra curricular activities to boost CBDCs adoption. Senior ruling party official says CBDCs adoption is decreasing. Over 180 million yuan worth $26.6 million were distributed in se...
Finding Sporting Goods Sales When Customers Throw In The Towel
(Photo by Tim Boyle/Newsmakers) Getty Images In 2021, nearly 60% of consumers bought new sports shoes. Are all of those pandemic joggers now running for the exits? Sales in the sporting goods market i...
Binance Plans to Suspend US Dollar Transfers Using Bank Accounts
(Bloomberg) — Binance, the world’s largest cryptocurrency exchange, said it’s temporarily suspending deposits and withdrawals of US dollars using bank accounts, and will work to restart the serv...
Women Who Live Healthy Lifestyles May Reduce Their Risk Of Long Covid By Half, Study Suggests
Topline Women who regularly exercise, follow a high-quality diet, get adequate sleep and follow other healthy lifestyle choices cut the risk of long Covid in half compared with women without any healt...
Uber Results to Test Stock’s 34% Rally in 2023
Uber Technologies (UBER) has been on a roll ahead of fourth-quarter results due before markets open Wednesday, with demand for its rides and deliveries up, fares higher, and the supply of drivers full...
Town Tells Donut Shop That Mural Painted By Local High Schoolers Is Illegal, Threatens Fines
Leavitt’s Country Bakery owner Sean Young in front of mural that is being threatened with fines. Institute for Justice High school students worked for weeks on an art project for a beloved local...
Judge delays FTX examiner ruling in hopes of ‘consensual resolution’
A federal bankruptcy court judge in Delaware did not rule on whether to appoint an examiner in FTX’s enormous bankruptcy case, and instead will allow lawyers to discuss a “consensual resolution” on th...
Goldman Sachs ups its near-term S&P 500 target due to brighter economic picture. But that could knock 25% off stocks, strategists say.
Provided there are no more economic surprises, stocks are unlikely to face a near-term meltdown and the S&P 500 could work its way back to 4,000. That’s according to a team of Goldman Sachs strate...
Passive Income Ideas That Can Help Make You Money
Passive income may be a terrific strategy to help you make that extra cash, whether you’re operating a side hustle business or just wanting to make a little extra money each month, especially wh...
If Ticketmaster Botches Beyoncé ‘Renaissance’ Tour, BeyHive (And Congress) Could Sting
LOS ANGELES, CALIFORNIA FEBRUARY 5: Beyonce accepts the Best Dance/Electronic Music Album award for … [+] Renaissance onstage during the 65th GRAMMY Awards at Crypto.com Arena on February 05, 20...
Upcoming CVS Earnings – Is It Time to Buy?
We already know that CVS had a bumper third quarter of 2022 whereby sales increased by 10% over the previous year to over $81 billion, while its adjusted operating income increased by about 4% to $4.2...
40%, 5x, And The End of Free Money
The reality of technology serving the business has always been the case, but we have lived through a period of distortion that did not enhance the alignment of IT professionals with the businesses the...
Baseball Hall Of Fame Roster Poised For Multi-Player Classes Coming Soon
Todd Helton, runner-up in this year’s Hall of Fame voting, will be a strong contender for the Class … [+] of 2024. (Photo by Doug Pensinger/Getty Images) Getty Images The roster of the Bas...
Tesla hikes Model Y prices after EV tax credit expansion
Tesla (TSLA) is taking the opportunity to ram through some price increases, thanks to Uncle Sam. On Friday the IRS released new guidance changing the definition it used to classify vehicles as SUVs, u...
Stop Fighting And Build The Light Amphibious Warship
LAWs may change the shape and size of America’s amphibious assault fleet Getty Images If the U.S. Navy fights China half as hard as it is currently fighting the U.S. Marine Corps over the Light ...
Ryan Found Section 8 More Efficient Than The Low Income Housing Tax Credit
CHICAGO, IL – JUNE 27 : Section 8 voucher holders Tracy Carrithers views an apartment with Housing … [+] Choice Partners real estate specialist Jessie McDaniels (not pictured) in the Logan...
2 High-Risk, High-Reward Stock Bets Cathie Wood Is Taking Into 2023
The tech-heavy Nasdaq represents a collection of more risky stocks than the other major indexes and that is reflected by a poorer performance in bear markets and a better display during bull runs. But...
FAA proposes fine for United Airlines over safety checks
United Airlines Boeing wide body 777-200 aircraft as seen during take off and flying phase, passing in front of the air traffic control tower while the plane is departing from Amsterdam Schiphol Airpo...
‘The Walking Dead’ Makes Me Worry About ‘The Last Of Us’ Season 2
The Last of Us HBO Ever since we could confirm that The Last of Us on HBO was actually going to be good (about five minutes into the first episode), I have been worried about a very specific place the...
DCG and Genesis branches agree on a restructuring plan: CoinDesk
Digital Currency Group and Genesis subsidiaries have reached an initial agreement on a restructuring plan with a group of the firm’s main creditors, according to CoinDesk. This comes after Gene...
Self-Proclaimed Satoshi Nakamoto Calls Xrp Fans ‘Cultist Army’
Craig Wright calls XRP fans blindly following a ‘cultist army.’ The case between Tulip Trading and 16 developers for retrieval of $5.7 billion worth BTCs. A computer scientist and self-proclaimed Bit...
Hispanic dialysis patients face 40% higher risk of staph infection than whites, CDC says
A COVID-19 patient using a ventilator rests while his blood goes through a kidney dialysis machine (L) on the Intensive Care Unit (ICU) floor at the Veterans Affairs Medical Center on April 21, 2020 i...
Manchester City At Risk Of Premier League Ban After Allegedly Breaking Various Financial Rules
Topline The English Premier League accused Manchester City of violating dozens of financial rules in a Monday statement, outlining various charges that could result in the expulsion of the two-time re...
Ferrari Expects Higher Profits Again, While New Purosangue Will Broaden Its Appeal
The Purosangue is Ferrari’s first SUV, and also first four seater with four doors. (Photo by Martyn … [+] Lucy/Getty Images) Getty Images Despite fears of a global recession, the super-ric...
Market strategist David Rosenberg: U.S. stocks will drop 30%. Wait to buy them.
David Rosenberg, the former chief North American economist at Merrill Lynch, has been saying for almost a year that the Fed means business and investors should take the U.S. central bank’s effort to f...