Close up of stock market chart and worried atmosphere on a dark background. getty Question: Why are there so many ETFs? Answer: ETF issuance is profitable, so Wall Street keeps cranking out more produ...
Category: Finance
Live Finance News Updates.
Bankman-Fried says he’s willing to testify before US House Committee
Cryptocurrency news continues to be punctuated by developments around FTX and its former CEO Sam Bankman-Fried. The latest this time is that he will testify at the United States House Committee on Fin...
Fed Expected to Keep Peak Rates for Longer, Dashing Hopes for 2023 Cuts
(Bloomberg) — The Federal Reserve is set to disappoint Wall Street as it keeps rates at their peak throughout 2023, dashing hopes markets have priced in for rate cuts in the second half and maki...
Elon Musk’s Hyped Up Exposé Unveils ‘Secret Blacklists’ And ‘Shadow Banning’ —Which Seem Very Similar To His Own Policies
Topline Twitter built “secret blacklists” and ran a clandestine operation to cut the visibility of targeted tweets, accounts and topics, according to the second tranche of Elon Musk’s hyped “Twitter F...
War By Other Means – What Will 2023 Look Like?
CLAVERIA, PHILIPPINES – MARCH 31: A US Marine CH53 helicopter takes off as US and Philippine marines … [+] take part in a joint amphibious assault exercise as part of the annual ‘Bal...
Machine learning algorithm sets Terra Classic price for December 31, 2022
Terra Classic (LUNC) continues to be among the most trending crypto assets despite the collapse of the Terraform labs and the original chain of the collapsed Terra (LUNA) ecosystem. On December 2 alon...
Wall Street’s surprising consensus forecast for 2023: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 9, 2022 Today’s newsletter ...
CZ takes a jab at Kevin O’Leary for defending SBF even after losing millions
Changpeng Zhao “CZ,” the founder and CEO of Binance, has taken a jab at Kevin O’Leary in response to an interview that O’Leary gave to CNBC in which he appeared to defend SBF despite the fact that O’L...
Sasha Banks Will Reportedly Be At NJPW Wrestle Kingdom 17 As Potential AEW Debut Looms
WWE may lose one of its biggest stars in Sasha Banks. (AP Photo/Mary Schwalm) Copyright 2022 The Associated Press. All rights reserved. The former Sasha Banks may have found her next stop in pro wrest...
Fidelity Funds Seek to Make Bigger Bets on Individual Stocks
(Bloomberg) — Fidelity Investments is asking shareholders to sign off on a proposal that would allow 13 of the firm’s growth funds to exceed limits on the size of stakes in individual stocks. Mo...
OpenSea tweaks policy on NFTs royalties after early criticism
The leading marketplace for nonfungible tokens OpenSea has announced another slew of changes to its approach revealed in early November toward enforcing viable creator royalties on NFTs projects. This...
SEC Released New Advising Guideline for Companies
The SEC released a guideline on Thursday that advises companies to disclose their role with digital commodities companies. SEC Released New Guidance On Thursday, the Securities and Exchange Commission...
BNB is facing consolidation near the 100 EMA curve!
BNB currently ranks 4th in the market capitalization of $46 billion, with 80% of BNB tokens entered into the circulation supply. Being the first token network to apply the deflationary scheme of burni...
Wholesale prices rose 0.3% in November, more than expected, despite hopes that inflation is cooling
Wholesale prices rose more than expected in November, dampening hopes that inflation could be headed lower, the Labor Department reported Friday. The producer price index, a measure of what companies ...
What a Santa Claus rally means for investors
Santa Claus looks on at the 98th Annual Christmas Tree lighting ceremony at the New York Stock Exchange on Dec. 1, 2021 in New York. Bryan R. Smith | Afp | Getty Images If history is a guide, stock in...
Golf Pride Embraces Growth, Rebirth In Legacy Company’s 8th Decade
Golf Pride’s design studio in Pinehurst, which also has a consumer-facing Retail Lab. Golf Pride There’s been a lot made about the ongoing evolution within the traditional game of golf, and how ...
Bankman-Fried rejects claims that Alameda crashed luna to sink 3AC
In the wake of FTX’s demise, there’s been an awful lot of mudslinging — particularly between the exchange’s former CEO Sam Bankman-Fried and the founders of collapsed crypto hedge fund Three Arrows Ca...
FTX founder Sam Bankman-Fried says he’s ‘willing to testify’ on December 13
Former CEO of the collapsed FTX crypto exchange Sam Bankman-Fried (SBF) has said he is willing to testify before the United States House of Representatives in the wake of his increased media tours. A...
What’s happening with the housing market? Mortgage rates, home prices and affordability
Potential buyers remained reluctant to take the plunge on financing a home purchase even as mortgage rates fell for the fourth straight week. Mortgage applications decreased 2% the week ending Dec. 2 ...
Coinbase users to convert USDT to USDC for free
According to a blog post published on December 8, Coinbase is encouraging its users to exchange their Tether (USDT) holdings for USD Coin (USDC). The US-based exchange claims that recent events have d...
Lululemon, Costco, Broadcom and others
Check out the companies making headlines before the bell: Lululemon (LULU) – Lululemon slid 7.1% in the premarket after the athletic apparel maker issued a weaker-than-expected outlook. Lululemon repo...
Costco Reports Their First Quarter 2023
West Palm Beach, Florida, USA – February 14, 2011: A Costco Wholesale Building in West Palm Beach, … [+] Florida. Costco is a combined department store and supermarket that sells in bulk a...
Sam Bankman-Fried says he will testify before congressional committee
Former FTX CEO Sam Bankman-Fried (SBF) confirmed he is willing to testify in front of the House Committee on Financial Services in Washington D.C. next Wednesday. “I still do not have acce...
Cardano adds over 20,000 new staking addresses on average monthly for over a year
Cardano’s (ADA) ecosystem continues to expand despite the uncertainty in the cryptocurrency market, which has been heavily impacted this year by the implosion of the Terraform Labs ecosystem and now b...
GE Healthcare Plans to Reduce Debt and Costs, Pursue Tuck-In Acquisitions
General Electric Co.’s healthcare division plans to cut debt, bring down costs and pursue tuck-in acquisitions after its spinoff in early January, finance chief Helmut Zodl said Thursday at an investo...
USDT Holds the Top Spot Over Other Stablecoins—For Reasons
The stablecoin space has multiple players yet USDT holds a leading position. Currently the stablecoin holds a market cap of over 65 billion USD Constant change is synonym for cryptocurrency space give...
After the Reagan National Defense Forum and Survey
U.S. Secretary of Defense, Lloyd Austin, addresses the crowd at the Reagan National Defense Forum in … [+] Simi Valley, CA. Ronald Reagan Presidential Foundation & Institute A few days after...
The Cars Most Likely To Become Coveted Collectibles
Hagerty’s 2023 Bull Market highlights 10 cars and a classic motorcycle that are most likely to … [+] appreciate in value. James Lipman Those televised collectible car auctions are certainl...
Celsius issues latest update regarding customer withdrawals after court ruling
Collapsed cryptocurrency lending platform Celsius Network has issued the latest update on the progress of allowing customer withdrawals as the bankruptcy hearings continue. This is after a bankruptcy...
Legal Pressure Grows on FTX’s Sam Bankman-Fried
Legal difficulties are mounting for Sam Bankman-Fried, the founder and former CEO of FTX—and it doesn’t seem to be limited to the crypto exchange’s collapse last month. FTX filed for bankruptcy on Nov...
Solana price analysis: Price approaches $13.87 as bulls reestablish the lead
Solana price analysis has been on an upward trajectory in recent days, breaking through the $13.42 barrier with bullish support. The uptrend has been getting stronger for the past few days, and today ...