Mentions of the “metaverse” were relatively few and far between in Meta’s quarterly earnings call this week — we counted a mere seven mentions compared to 23 for “AI” — b...
Category: Finance
Live Finance News Updates.
Markets Fall as Huge Job Gains Fuel Rate Hike Worries
Key Takeaways The Nasdaq led major U.S. equities indexes lower on Friday, Feb. 3. An upside surprise in the jobs report raised concerns that the Fed would remain aggressive in its fight against inflat...
Gen Z is ‘doing extraordinarily well’ saving for retirement, study finds
The youngest generation is getting out in front of retirement planning. Workers between18 and 25 already had $33,000 socked away in their retirement accounts, according to a recent survey from TransAm...
Richer Than Elon Musk, He Bought Tiffany at a Tough Time. He’s Got a Gem Now.
There’s a reason Bernard Arnault is the world’s richest person. The chairman, CEO, and controlling shareholder of LVMH Moët Hennessy Louis Vuitton the world’s largest luxury-goods merchant, knows how ...
The FTC is preparing a wide-ranging antitrust lawsuit against Amazon
The US Federal Trade Commission (FTC) is reportedly preparing an antitrust lawsuit against Amazon. The potential legal action, first reported in the Wall Street Journal, is expected to target a wide a...
Bank of America trims CEO Moynihan’s pay by about 6% to $30 million
Bank of America Corp. BAC, +0.83% said in a filing late Friday that its board has approved a 6.3% cut on Chief Executive Officer Brian Moynihan’s pay in 2022. Moynihan receives $30 million, compared w...
Some employers are still adding jobs. Here’s who is hiring.
The economy may be showing signs of weakness, with consumer spending wobbling and home purchases sinking on higher borrowing costs, but there’s one economic pillar that isn’t slowing down ...
Bruce Springsteen’s Ticket Prices For His February 14th Show Are Crashing
NEW YORK, NE(W YORK – NOVEMBER 08, 2021 (Photo by Jamie McCarthy/Getty Images for SUFH) Getty Images for SUFH Just this week the Senate Judiciary Committee posted an ominous message to Ticketmas...
Bears manage to bring the price down to $0.095, Bulls to return? – Cryptopolitan
DOGE/USD price has once again fallen, according to the most recent Dogecoin price analysis. In addition to the price slightly declining, the bears are making a comeback. Even though the price has alre...
Adani Bondholders Turn to Advisers as Crisis Engulfs Indian Firm
(Bloomberg) — Bondholders of Adani Group firms are holding initial conversations with financial advisers and lawyers to weigh their options after the unfolding crisis at the Indian conglomerate ...
LPL Financial Profit Soars, Advisor Headcount Rises
LPL Financial Holdings’ fourth quarter reported profits soared 199% year over year, thanks in part to lower expenses and a surge in net interest income. The company reported fourth quarter net income...
Billionaire Chamath Palihapitiya Says Markets Are Off to the Races As Fed Capitulates – Here’s His Outlook
Billionaire Chamath Palihapitiya says the markets are likely to witness more bursts to the upside following the recent comments of Fed Chairman Jerome Powell. In a new All-In Podcast episode, the vent...
Trader Bags $12 Million in Bold Trade Right Before Jobs Data
(Bloomberg) — Just minutes before the monthly jobs report was published on Friday, a trader placed a risky bet in federal funds futures that ended up paying off in a big way. Most Read from Bloo...
Bankman-Fried Entity That Owns Robinhood Stake Goes Bankrupt
(Bloomberg) — Sam Bankman-Fried’s Emergent Fidelity Technologies Ltd., an offshore entity that owns 55 million shares of Robinhood Markets Inc., filed for bankruptcy Friday amid a fight over who...
Google tries to reassure investors on AI progress as ChatGPT breathes down its neck
Google worked to reassure investors and analysts on Thursday during its quarterly earnings call that it’s still a leader in developing AI. The company’s Q4 2022 results were highly anticipated as inve...
Bullish impulse results in BNB rechallenging $332 local resistance – Cryptopolitan
A positive trend has been prevailing on the charts for the past few days, according to the most recent Binance Coin price analysis. The price has increased over the past 24 hours as well, which is qui...
TEAM Stock: Atlassian Revenue Guidance Snuffs Out 2023 Rally
Atlassian stock tumbled after the software maker reported December-quarter earnings that topped estimates but the company’s revenue outlook for TEAM stock met expectations. Management pointed to...
After Restricting Balloon Overflights For 25 Years, China’s Protests Wear Thin
In the late 1990’s China repeatedly refused to permit balloon overflights. Gamma-Rapho via Getty Images Hours after U.S. jets shot down a sensor-packed Chinese surveillance balloon in U.S. airsp...
Music-Video King Vevo Opens House On Los Angeles Production Center
(Photo by David Bloom) Grammy Week has returned in person, and in force, to Los Angeles after a pandemic-forced decampment last year to Las Vegas. And with it come not only flurries of parties, fundra...
Tesla, Ford and GM win in EV tax credit change
A few more electric vehicle models now qualify for the federal EV tax credit, including GM’s Cadillac Lyric, the Ford Mustang Mach-E and Tesla’s five-seater Model Y, thanks to a change by ...
Brent Tumbles Below $80 as Swelling Supplies Outweigh Jobs Data
(Bloomberg) — Oil tumbled to the lowest levels since early January as long-term headwinds overwhelmed the positive sentiment from a strong US jobs report. Most Read from Bloomberg Brent crude, t...
BRC Inc. Stock (NYSE: BRCC) Executive Changes Might Affect BRCC Stock Price Action!
BRC Inc. has announced some executive changes in the company as Kristina Braendel appointed as the new Chief Accounting Officer, while BRCC Stock price might get affected with news of fresh amendments...
Inflation is wreaking havoc on the American middle class and 8 out of 10 say they are spending their savings just to get by
Surging prices over the past year have hit many people in their pocketbooks. Average wages have risen somewhat, but not enough to keep up with inflation, which peaked in June at a 40-year high of 9.1%...
Google Invests Almost $400 Million in ChatGPT Rival Anthropic
(Bloomberg) — Alphabet Inc.’s Google has invested almost $400 million in artificial intelligence startup Anthropic, which is testing a rival to OpenAI’s ChatGPT, according to a person familiar w...
Winners And Grades As Bron Breakker Retains
Bron Breakker vs. Grayson Waller for the NXT Championship. Credit: AEW WWE NXT advertised Grayson Waller challenging Bron Breakker for the WWE NXT Championship inside a Steel Cage. The Steel Cage matc...
MTB Took Action Post FED Meet in Jan-End – Stock Prices Soar High
M&T increases prime rates by a quarter percentage. Fed meeting held on Jan 31-Feb 1 regarding interest rates. Prices rose by 1.92% in the intraday session. M&T Bank Corporation deals in vario...
Ford Mach-E Sales Fall 45%. The Reasons: High Prices, Incentive Confusion.
Text size Ford sold 2,626 Mustang Mach-E electric vehicles in January, down from 4,775 in December. Scott Olson/Getty Images Electric-vehicle sales at Ford Motor dipped to start the new year, showing ...
Why is my tax refund so low? Tax refunds in 2023 could be smaller, take longer. Here’s why
Every furniture store and car dealer across the nation — and one iconic magical mouse pushing dream vacations and celebrations — has a ready suggestion for how you might spend that big tax refund. But...
Today’s Wordle #596 Hint, Clues And Answer For Sunday, February 5th
How to solve today’s Wordle. SOPA Images/LightRocket via Getty Images It’s crazy that we’re already almost on the 600th Wordle. It’s even crazier that we still have three times that many remaini...
XTZ Price Analysis: Token breaks above the trend line, what’s next?
The token is trading between its key Moving Averages. The pair of XTZ/USDT is trading at the price level of $1.154 with a gain of 0.9% in the past 24 hours. Tezos (XTZ) is trading below the demand zon...