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Category: Finance
Live Finance News Updates.
Uber files lawsuit to block NYC driver pay increase
Back in November, New York City’s Taxi and Limousine Commission (TLC) voted to increase the pay rates of Uber and Lyft drivers to make up for the rise in inflation and and operational costs. The...
Turkey Orders Banks to Limit Foreign Currency Holdings
(Bloomberg) — Turkey’s banking regulator changed a rule to push commercial lenders to hold less foreign currency for their needs following a warning letter last week. Most Read from Bloomberg Th...
Bill Ackman’s Pershing Square Buys Up More Howard Hughes Stock
These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequen...
Uniswap Price Analysis: UNI token facing rejection from the 100 days EMA. Will bears lead to more fall or not?
UNI token is now in the bear trap facing rejection multiple times. The token is now trading in a sideways range. UNI is now trading at $6.09 with an intraday dip of 0.56%. UNI token is now distributin...
More Economic Signs Point to a Recession and Higher Interest Rates
The Federal Reserve’s heavily telegraphed move to slow its pace of monetary-policy tightening next week risks sending a message to markets that the central bank is well on its way to reining in inflat...
FTX’s stranded customer funds draw attention from distressed asset investors
Credit investment firms are looking to buy claims from bankrupt crypto exchange FTX’s clients who could otherwise wait years for bankruptcy courts to decide payouts. Apollo Global Manageme...
What Happens Next For Cristiano Ronaldo?
Portugal’s forward #07 Cristiano Ronaldo leaves the field after losing to Morocco 1-0 in the Qatar … [+] 2022 World Cup quarter-final football match between Morocco and Portugal at the Al-...
Here Is Everything You Need To Know
Topline Twitter will relaunch Blue—its subscription service which offers verification badges to users who pay a monthly fee—on Monday, the company announced on Saturday, a much-delayed move that comes...
Tron Price Price Prediction: Is Justin Sun TRX Looking To Jump To $0.1?
Justin sun is in wait with Ripple head Brad Garlinghouse to buy the bankrupt exchange FTX Tron technical indicators are currently favoring an upside move. Meanwhile TRX/BTC pair has seen a loss of 0.2...
These 3 Tax Tips Could Save You Big
SmartAsset: JP Morgan Reveals 3 Tricks to Cut Taxes With interest rates rising, it’s increasingly important to make sure you’re taking advantage of all interest deductions you’re entitled to so you ca...
Caterpillar Leads 5 Stocks To See Infrastructure Spending Boost
Dow Jones giant Caterpillar (CAT) leads five construction-related stocks near buy points that should benefit from infrastructure spending increases. United Rentals (URI), Terex (TEX), Deere (DE) and M...
Should I Buy Stocks Now?
The stock market isn’t a casino. Casinos actually have predetermined odds with the house taking a cut in games like poker where it does not have a stake in the action. Slot machines have a legal...
Dogecoin price analysis: DOGE makes a positive rise after a bullish surge to $0.09694
Dogecoin price analysis for December 11, 2022, reveals the market is following an upward movement, showing increasing momentum, signifying positivity for the DOGE market. The price of Dogecoin has rem...
How a $144 Million Property Default Started Korea’s Credit Crunch
(Bloomberg) — Global central bankers are in a race against the clock to to tame runaway inflation. But push too far, too fast, and markets key to the smooth functioning of the financial system a...
Central Banks Start to Pause Hikes
(Bloomberg) — Global central banks are pausing or nearing the end of their interest-rate hiking cycles as inflation shows signs of slowing and recession concerns mount. Most Read from Bloomberg ...
IPO Stock Arcellx Breaks Out On $325 Million Cancer Deal With Gilead
Recent initial public offering Arcellx (ACLX) forged a $325 million multiple myeloma deal with Gilead Sciences (GILD) on Friday, and the IPO stock broke out. X The news comes in lockstep with promisin...
Zcash Price Prediction: ZEC Price Heading Towards Key Round Level, Wait for Breakout
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Arbitrum money market Lodestar Finance exploited
Lodestar Finance, a lending platform on Ethereum scaling-solution suite Arbitrum, was attacked and exploited for about $6.5 million. “Protocol was exploited and deposits have been drained,...
Stock Market Investing Action Plan: Patience, Marbled With Optimism
Expectations were not high for the week in which the stock market would set up its stance ahead of the final interest rate hike in a turnabout policy year for the Fed. But the outcome was reasonably m...
The Block CEO showed ‘serious lack of judgment’ in taking loans from FTX’s Sam Bankman-Fried and not disclosing them
The fallout from the implosion of FTX continues, with crypto publication The Block on Friday announcing that Michael McCaffrey has stepped down as its chief executive officer after failing to disclose...
Uniswap price analysis: UNI resurges at $6.11 as bullish impulse returns
The Uniswap price analysis is bullish today as the coin found support after swinging low towards $6.06 yesterday. Bullish momentum is quite steady today as the price has been continuously rising durin...
Lululemon Drops Most Since 2020 on Inventory, Profit Woes
(Bloomberg) — Lululemon Athletica Inc. shares fell the most since the start of the pandemic after lower-than-expected profitability raised concerns about a pileup of inventory and the yogawear m...
Is Orbit Chain Token Consolidation Ready to Mature?
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and tech...
World’s Top Money Managers See Global Stocks Recovering in 2023
(Bloomberg) — Some of the world’s biggest investors predict that stocks will see low double-digit gains next year, yet the path to a rebound won’t be a straight line. Most Read from Bloomberg Am...
Chainlink price analysis: LINK recovers to $6.91 after getting support
The Chainlink price analysis is indicating positive developments for buyers as bulls have been successful in regaining support. Prices are gradually increasing, and it won’t be long before they surpas...
Pittsburgh Steelers Rookie George Pickens’ Tantrum Doesn’t Bother Mike Tomlin
Pittsburgh Steelers head coach Mike Tomlin talks with George Pickens (14) during the first half of … [+] an NFL football game against the Indianapolis Colts, Monday, Nov. 28, 2022, in Indianapol...
If the bulls really were in control, these stock market sectors would be leaders right now
It’s still a bear market, according to the U.S. stock market’s sector relative strength rankings. That’s because the sectors that typically do the best at the end of bear markets have been laggards of...