2022 turned out to be a tricky year for oil traders. Until recently, oil delivered positive returns on the year, moving to the $130/barrel area. It opened the year around $80/barrel and spiked higher ...
Category: Finance
Live Finance News Updates.
US Probes FTX Founder for Fraud, Examines Cash Flows to Bahamas
(Bloomberg) — US prosecutors, laying the groundwork for a potential fraud case against Sam Bankman-Fried and others involved in the collapse of cryptocurrency giant FTX, are scrutinizing how fun...
China Stocks Climb Again; Investors See More Benefits Than Risk In Covid Policy Shift
Hope among stock investors for improved economic growth in China has helped to lift the fortune of … [+] the country’s third-richest man, Tencent Holdings CEO Ma Huateng, by $11 billion si...
Where to Invest Over the Next 5 Years? Billionaires Weigh In.
The world’s billionaires see the energy sector and the Asia-Pacific region, excluding China, as top investment and business opportunities over the next five years, according to a new UBS report. Forty...
Polkadot price analysis: DOT faces a minor pullback towards $5.0 after a bearish drive
Polkadot price analysis reveals DOT is stuck in a bearish trendline and has been unable to break above $6.0 for the previous three weeks. Polkadot is trading at $5.29, down by $5.29, down by 1.92 perc...
Housing Market Downturn – Is A Recession On The Horizon?
What should we expect from the U.S. housing market (Photo by Tim Boyle/Getty Images) Getty Images The second half of 2022 has seen declining house prices. However, prices remain up year-on-year based ...
The Dumb Money Driving The Plant-Based Meat Boom
In an exclusive excerpt from Raw Deal, investors see companies like Beyond Meat and Impossible Foods as a way to help save the planet. The problem is, they also want to get rich. Instead, they may die...
Is the Bear Market Over? Stocks Need Just One More Big Drop.
Stocks may be putting this year’s bear market behind them, but history indicates it may take one more downward jolt to end the debacle. There is some positive news. The S&P 500 has gained about 10...
Credit Suisse – A ‘New Company Is Emerging,’ Says BofA While Upgrading Stock
BofA Securities upgraded Credit Suisse Group AG (NYSE: CS) to Buy from Neutral with a CHF 3.60 price target suggesting more than 20% upside potential. BofA analyst sees the rebuilding of Credit Suisse...
Where Does the Fed Get Money to Pay Interest to Banks?
why does the fed pay interest to banks The Federal Reserve is the central banking system in the United States. There are 12 Reserve banks that offer services to commercial banks, including lending and...
GRT may give holders a return gift on its 2nd birthday- happy holders hope for surge
The Graph celebrates its 2nd birthday on 17th December, 2022. The volume spiked by more than 120%. New competitors in the market. The Graph network turns 2 on the next weekend of December, and a...
Market Rally Awaits CPI Inflation Report, Federal Reserve After Ugly Week; Here’s What To Do
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, with attention squarely on the CPI inflation report and the Federal Reserve. X The stock market rally ret...
Solana price analysis: SOL consolidates around the $13.0 level, what’s next for SOL?
Solana price analysis for today reveals Solana’s price is in a slight downward momentum after a period of sideways trading in the last few days. Earlier, the market followed the bullish trend yesterda...
Bernstein Says Saving Grayscale Will Come at a Cost for Digital Currency Group
Genesis’ extended withdrawal freeze – the lender has told its creditors it will take weeks rather than days to find a solution – continues to weigh on crypto markets, Bernstein said in a research repo...
U.S. prosecutors probing FTX founder Sam Bankman-Fried in potential fraud case: Bloomberg
U.S. prosecutors are probing Sam Bankman-Fried, the disgraced founder of now-bankrupt crypto group FTX, for a potential fraud case against him, Bloomberg reported Friday, citing a person familiar with...
Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries
Crypto media site The Block was secretly funded over the last two years by Sam Bankman-Fried’s Alameda Research, according to a report by Axios. The Block confirmed the report on Friday. This article ...
Lululemon posts weak guidance despite ‘biggest day ever’ on Black Friday
Lululemon ($LULU) saw its best Black Friday ever, but that wasn’t good enough to match Wall Street’s hopes for the holiday season during the company’s latest financial release on Thursday. The company...
Strategies for Your Roth 401(k)
More and more companies today are offering a Roth 401(k) option as part of their retirement plans. If your employer is among them, and you’ve decided to go the Roth route, here are six ways to maximiz...
An Obscure Bank Found Its Key to Success. Then FTX Collapsed
(Bloomberg) — Silvergate Capital Corp. was dealing with the same problem many small US banks face: How do you differentiate yourself when larger competitors do everything you do, only better? Mo...
Tamadoge (TAMA), Filecoin (FIL), or Snowfall Protocol (SNW)-Find Out Where to Invest Your Funds for the Coming Year!
Whenever a cryptocurrency is going through a presale, there are a lot of factors experts consider. Foremost consideration is the underlying concept behind the cryptocurrency and its market viability. ...
Analysts believe IMPT and Orbeon Protocol’s (ORBN) tokens will see massive gains in December 2022
The current bear market has crypto investors feeling a little skeptical about new projects. Many top cryptocurrencies are struggling, and new crypto adoption has also decreased. However, despite a dow...
Dow on verge of a ‘golden cross,’ even as BlackRock predicts historic recession
Despite worries about inflation and an impending recession, there is at least one sign that some bullish market technical analysts might latch onto. An upbeat golden cross appears to be forming in the...
Inflation Is Forcing Many Retirees to Put Long-Awaited Plans on Hold—Again
Brenda Dickason dreamed of traveling to Europe in retirement. Instead, the former teacher and police detective spent 2022 watching TV with her husband at their Tucson, Ariz., home and selling homemade...
CVS Wants to Be a Healthcare Provider. So Why Doesn’t It Have Any Doctors?
Late last year, CVS Health CEO Karen Lynch unveiled a new strategy: Rather than remain simply a pit stop for toilet paper and flu shots, CVS stores would become a place that Americans—particularly old...
Treasury Bills Are In Demand at Auction on Thursday
Text size The Federal Open Market Committee is set to gather on Dec. 13 and 14 to weigh another increase in short-term interest rates. Stefani Reynolds / AFP via Getty Images Treasury bills garnered c...
Market Wakes Up to Fact That Fed Pivot Could Signal Recession
(Bloomberg) — The steady drumbeat of warnings that the American economy is careening toward a recession finally struck a nerve on Wall Street. Most Read from Bloomberg Investors who had tuned ou...
December 2022: What top exchanges published Proof of Reserves so far
FTX went from one of the cryptocurrency exchanges to filing for bankruptcy within a span of a few days. The crypto world was shocked and disappointed after the crash, and more than 1 million FTX users...
China GDP Poised To Outperform World Average In 2023 – PwC
A woman has her routine COVID-19 throat swab at a testing site despite authorities starting to ease … [+] some of the anti-virus controls in Beijing on Dec. 8. China is the last major country st...
Big Money Is Stacking These Cryptos: SmarterWorx (ARTX), Gate (GT), And Huobi (HT)
Investors don’t just spend their money on things without thinking about what they are spending it on. Therefore, the flow of liquidity into a project frequently indicates that the project is reliable....
A Look Back at Cathie Wood’s Disastrous Year
Celebrity money manager Cathie Wood, chief executive of Ark Investment Management, has offered plenty of interesting ideas about the economy and stock market this year. But for her clients, Mama Cathi...
How Prime Time Deion Is Changing College Coaching And The Transfer Portal
It was national news when Deion Sanders was hired last week as the head coach of Colorado University’s struggling football team and college football will never be the same. “Prime Time” Deion lit up t...