The U.S. economy added far more jobs than expected in January, boosted by a jump in leisure and hospitality employment. That one service sector saw an increase of 128,000 jobs in the month, led by 99,...
Category: Finance
Live Finance News Updates.
Labor Market Added 517,000 Jobs In January—Unemployment Rate Falls To 54-Year Low Of 3.4%
Topline Despite waves of layoffs hitting some of the nation’s largest employers, the unemployment rate unexpectedly fell, and the labor market added back more jobs than expected in January—adding to s...
Why you should stop caring about the Dow Jones Industrial Average
Have you ever wondered why trillions of investment dollars are indexed to the Standard & Poor’s 500 (^GSPC) Index but almost nothing, relatively speaking, is tied to the Dow Jones Industrial Avera...
AVAX/USD Price drops to $21.31 with a negative market forecast – Cryptopolitan
Avalanche price analysis indicates that its current pricing is bearish. Over the past 24 hours, Avalanche Coin has traded in the negative, and its price has been slowly declining. After failing to mai...
AIverse partners with Deca4 to launch on the Hedera Network
In an exciting turn of events, the HBAR Foundation has announced that AIverse has partnered with Deca4 with the mutual aim of bringing the wrapped AI NFTs to the publicly distributed network of Hedera...
Ford CEO Jim Farley frustrated after bad earnings
Ford CEO Jim Farley is frustrated. The company’s fourth-quarter earnings on Thursday missed analyst expectations by a wide margin, as costs and supply chain issues again hurt Ford’s bottom...
Biden Officials Just Can’t Keep Their Hands Off Your Gas Stoves
MORGANTOWN, WV – JUNE 03: U.S. Sen. Joe Manchin (D-WV) and U.S. Energy Secretary Jennifer M. … [+] Granholm arrive at a news conference at the Marriott Hotel at Waterfront Place June 3, 20...
Stronghold Digital Mining files share sale prospectus as it seeks to preserve cash
Stronghold Digital Mining filed a prospectus to sell up to 10 million Class A shares as part of its efforts to preserve cash. The offering consists of 2.27 million shares of Class A common stock...
Shiba Inu nears bull pennant breakout
The price of Shiba Inu (SHIB) has been trending upward in recent days, gaining by as much as over 50% from the start of the year. Indeed, technical indicators hint at a possible price rally extension ...
LBank CMO Reveals Why the Future of Web3 Lies in Japan
INTERNET CITY, DUBAI, 3rd February, 2023, Chainwire Kaia Wong, CMO of top crypto exchange LBank, has predicted that Japan will become the center of web3. The island nation is currently moving to embra...
Edible Garden Plunges After $10.2M Equity Offering
Edible Garden AG Inc (NASDAQ: EDBL) has priced its upsized underwritten public offering of 1.6 million units, with each unit consisting of one share and one warrant to purchase one share. Each unit is...
ADA shows a downtrend at $0.4033 after a red candlestick formation – Cryptopolitan
Cardano price analysis is bearish today, as a red candlestick formation has been seen on the chart. The price is currently sitting at $0.4033, down from its 24-hour high of $0.4129. The token has los...
Why pink hydrogen produced using nuclear may have a big role to play
Both pink and blue have been used to differentiate between different methods of hydrogen production. Eve Livesey | Moment | Getty Images From Tesla’s Elon Musk to European Commission President U...
Payrolls increased by 517,000, unemployment rate at 53-year low
The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their strongest gain since July 2022. Nonfarm payrolls increased by 517,000 for January, above the Do...
Some of Wall Street’s biggest names are exposed to the Adani Enterprises plunge
Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaks at the World Congress of Accountants in Mumbai on November 19, 2022. Indranil Mukherjee | AFP | Getty Images Shares of India’...
Why The Farfetch Of Lab Grown Diamond Jewelry Is Getting Physical
The Future Rocks pop up in luxury Tokyo department store, Isetan Shinjuku. The Future Rocks The Future Rocks, the online marketplace for lab grown diamond jewelry, launched in 2021. However, co-founde...
Coinbase off to a strong start to 2023 with increased trading volume: Cowen
Coinbase is off to a “strong start” in 2023 with a rebound in trading volume, Cowen analysts said. Total trading volume in January of $55 billion is a 58% increase over the previous ...
SEC is treating Ripple like a Ponzi scheme, law professor says
As the widely publicized case in which the United States Securities and Exchange Commission (SEC) is accusing Ripple of illegally selling the XRP token is awaiting its conclusion, one particular law p...
Russians send significant amounts of money to help Ukraine – Cryptopolitan
According to reports from Ukraine’s Deputy Digital Minister, Russian citizens incensed by the invasion orchestrated by President Vladimir Putin are donating “significant amounts” of cryptocurrency to ...
Will BCH hit more profits?
Bitcoin Cash (BCH) addresses scalability and transaction processing issues in the original Bitcoin network. Its block size limit is larger, allowing faster and cheaper transactions than Bitcoin. BCH h...
Hong Kong to give away half a million air tickets to boost tourism
Hong Kong’s new global promotional campaign will “kickstart” the city’s reopening to international travelers, the Hong Kong Tourism Board told CNBC’s “Squawk Box As...
Gautam Adani Briefly Falls Out Of Top 20 Richest As His Net Worth Spirals After ‘Corporate Con’ Allegations
Topline Indian billionaire Gautam Adani briefly fell out of the world’s top 20 richest people on Friday after losing $12 billion in a day, a spectacular fall from his former position as the world’s th...
A16z-backed Arpeggi Labs is looking to raise $11 million
Web3 music startup Arpeggi Labs is seeking to raise $11 million. A U.S. Securities and Exchange Commission (SEC) filing shows the startup has already secured $9.1 million from 21 investors. ...
Cardano reaches 5,000 smart contracts on its network
The Cardano (ADA) network underwent a substantial upgrade in September 2021, incorporating smart contract functionality and enabling the blockchain to process transactions more efficiently and at a fa...
Ryan Cohen Builds Nordstrom Stake With Eye on Board Changes
(Bloomberg) — Meme-stock investor Ryan Cohen has built a sizable stake in Nordstrom Inc. and aims to replace at least one of the department store chain’s directors, according to a person familia...
OpenSea on a mission to repair its image; Check out their latest announcements – Cryptopolitan
OpenSea, the biggest NFT marketplace in the world, has lately been at the center of a number of problems owing to the fact that its security mechanisms are too simple to circumvent by hackers who are ...
Lodestar announces the mega launch of v1.4.0
Lodestar has announced the launch of v1.4.0. The update brings several fixes to ensure that it offers security, stability, and the absence of all the vulnerabilities that were publicly reported betwee...
Roman Reigns, Cody Rhodes Reportedly Among ‘Hot’ WWE Merchandise Sellers
Roman Reigns remains at the top of WWE’s merchandise empire. (Credit: Alex Bierens de Haan/Getty … [+] Images) Getty Images Roman Reigns and Cody Rhodes will be main-eventing WWE WrestleMa...