(Bloomberg) — Zimbabwe has banned the export of unprocessed raw lithium with immediate effect as part of efforts to have the key raw material in electric-vehicle batteries processed locally. Mos...
Category: Finance
Live Finance News Updates.
BlockFi urges court to approve user’s withdrawals
BlockFi has sent a petition to the Bankruptcy Court to give the go-ahead for clients with accounts on the platform to withdraw their digital assets. According to the petition, the digital assets are p...
Its Golfers Can Play 2023 Masters
Topline Eligible members of the divisive Saudi-financed LIV Golf can play in next year’s Masters tournament, the organizer of one of golf’s four majors announced Tuesday, a major win for LIV as its ha...
Amazon attempts to break below support, but Evercore thinks it’s a “Buffett buy” stock
After losing half of its value year-to-date, investors seem not done yet with Amazon.com, Inc. (NASDAQ:AMZN) stock. AMZN traded lower on Tuesday as stock markets weighed on the impending recession. Am...
Did Lawsuit Against Silvergate Result In Stock Price Drop?
The paranoia following the FTX collapse did not seem to stop as another update surfaced recently. It is related to the US banking firm, Silvergate, which is said to have close ties with the crypto exc...
Mandy Rose Reportedly Making $500,000 From FanTime Content Amid WWE Firing
Mandy Rose has reportedly made $500,000 from FanTime since leaving WWE. Credit: WWE.com Despite losing her job in WWE, Mandy Rose is doing just fine. Less than one week after the top NXT star was swif...
This 28-year-old negotiated her pay to $500,000 — and found work-life balance
After growing her salary from $100,000 to $500,000 over a five-year period through switching jobs and negotiating, Amy, now 28, wanted the kind of work-life balance that would allow her to spend more ...
A Bill To Spur Financial Innovation- Chairman-Elect McHenry
The soon-to-be House Financial Services Committee chairman Patrick McHenry is getting ready to reintroduce the Financial Services Reintroduction Act for a third time to bring a more inclusive financia...
Elon Musk ‘Actively Looking’ For Successor As Twitter CEO, Report Says
Topline America’s richest man Elon Musk has recently intensified the search for his replacement as Twitter CEO, sources told CNBC’s David Faber, coming as a relative surprise after Musk appeared to di...
Disney shares could rally up to 45% in 2023: Wells Fargo
Walt Disney Co (NYSE: DIS) is trading slightly up on Tuesday after a Wells Fargo analyst issued a bullish note in favour of the entertainment and media conglomerate. Disney shares could rally on an ES...
Otonomy Adopts Dissolution & Liquidation Plans, Implements Workforce Reduction
Otonomy Inc’s (NASDAQ: OTIC) board of directors has approved and adopted a Plan of Liquidation and Dissolution that would include the distribution of remaining cash to stockholders following an ...
Cardano price analysis: ADA gains bullish momentum at $0.2603
Cardano price analysis shows rising signs as the market shows bullish dynamics. The bulls have fully regained their control of the Cardano market, which will change the course of the market for the be...
Bitrue CSO Explained Partnership With Ripple
Recently Robert Quartly-Janerio, chief strategy officer of Bitrue opined on the crypto trading firm’s partnership with payment protocol Ripple network. And he talked about native token XRP and about i...
The Best New Movies And Shows On Netflix Today: December 20, 2022
‘A Not So Merry Christmas’ makes its Netflix debut on December 20, 2022. Netflix This week marks a busy one for NetflixNFLX , as several new movies and TV shows will be added to the stream...
How To Invest In Fusion Energy
| Getty Images Key takeaways A recent, significant breakthrough occurred when scientists finally generated more energy from a nuclear fusion reaction than they put into it. Major companies like Alphab...
Could we still have a Santa Claus rally through the year-end?
S&P 500 has been a down and down again story in recent days but Hightower’s Stephanie Link is not giving up on hopes of a Santa Claus rally through the end of 2022. S&P 500 could rally in the ...
Wells Fargo to Pay $3.7 Billion for Mistreating Customers
(Bloomberg) — Wells Fargo & Co. reached a $3.7 billion settlement with federal regulators, including a record $1.7 billion fine, to cover allegations that for years it mistreated millions of...
Terra Luna affiliate Kernel Lab’s $92M frozen by court
Six months after the collapse of Terra Luna, South Korean authorities are still investigating the incident. Today, a South Korean court has frozen $92 million in assets related to Terra tokens. The CE...
US Senate Banking Chairman Says Banning Cryptocurrencies Is Very Difficult: Report
US Senator Sherrod Brown reportedly says banning cryptocurrencies is “very difficult” after presiding over a hearing on the collapse of FTX. In an interview with NBC’s Meet the Press host Chuck Todd, ...
Lawmakers Reach Tentative Agreement On $1.7 Trillion Funding Deal For 2023 — But Republican Opposition Persists With Days To Go Before Shutdown
Topline Bipartisan negotiators in Congress unveiled a $1.7 trillion government spending package early Tuesday morning that would fund the federal government for the rest of the current fiscal year and...
What FTSE Income Investors Need To Consider In 2023
Investing for income. getty What is the point of investing in income shares only to see their value drop more than the income? You look at them and go, great company, great yield, why is it falling? I...
Greenidge deal with lender NYDIG would see miner shift to hosting
Troubled bitcoin miner Greenidge Generation signed a non-binding deal to sell a majority of its mining machines to lender NYDIG in an effort to pay down $74 million in debt. The miner would then...
DAX index forecast for January 2023
Germany’s DAX index remains under pressure after hawkish messages from major central banks, and investors continue to worry that higher interest rates will harm the global economy. The European Centra...
Big Changes to 401(k) Retirement Plans Move Ahead in Congress
Listen to article (2 minutes) Congress is on the verge of passing a bill that aims to help Americans save more for retirement and leave their retirement savings untouched and untaxed for longer. The b...
Wells Fargo Ordered To Pay Customers $3.7 Billion For Causing ‘Financial Harm’
Topline Wells Fargo will have to pay $3.7 billion in fines and refunds to customers for several consumer financial law violations, according to U.S. regulators Tuesday, the largest penalty against the...
Iridium Rings Back In As Sat-Phone Powerhouse After Years Of Failure And Obscurity
SpaceX (Photo by Michael Gonzalez/Getty Images) Getty Images Wireless technology has come a long way during the past two decades, yet smartphones are still useless in the most remote areas. Satellite ...
Coinbase, Silvergate reverse losses to rise alongside traditional markets
Crypto-related stocks are rising after days of losses, tracking traditional markets higher. Coinbase and Silvergate were up more than 3% at 10:40 a.m. ET, while Galaxy Digital added nearly 5%. ...
Web3 network peaq unveils its canary network krest on Kusama
peaq, the Web3 network built to power the Economy of Things, has unveiled its canary network dubbed krest. Per an announcement shared in a blog post on Tuesday, the test network is set to launch on Ku...
Why the Bank of Japan’s surprise policy twist is rattling global markets
Anchors aweigh? The Bank of Japan sent shock waves through global financial markets Tuesday, effectively loosening a cap on 10-year government bond yields in a surprise move seen as potentially pointi...
Twitter Poll Results Out—Will Elon Musk Resign?
Twitter has around 237.8 million active users. Chris Messina was the first American blogger to use hashtags on Twitter. Elon Musk, a centibillionaire, recently posted an opinion poll in which he a...
Bill Gross says markets are headed for ‘potential chaos’ if interest rates keep going up
Famed investor Bill Gross said he expects big trouble ahead should the Federal Reserve keep hiking interest rates. “The economy has been bolstered by tremendous amounts of trillions of dollars i...
Tesla gets slapped with more cautious comments from Wall Street
A growing chorus of Wall Streeters covering Tesla’s stock are becoming more cautious on the name heading into 2023, adding to a brutal month and year. EvercoreISI analyst Chris McNally slashed h...