Carvana undoubtedly is facing the biggest crisis in its 10 years of existence. For several weeks now the online car dealership has been the subject of speculation about its financial condition and th...
Category: Finance
Live Finance News Updates.
The Long Road To Sustainable Cryptocurrency Mining
Cryptocurrency has not had an easy road toward public understanding. At this point in time, major geographical territories have banned crypto outright, and others have clamped down on mining. Beyond t...
Here’s What To Know About Russia’s ‘Merchant Of War’ And Why He Was The Prisoner Exchanged For Brittney Griner
Topline U.S. officials released convicted arms dealer Viktor Bout in their prisoner swap for WNBA star Brittney Griner Thursday morning, returning the man known as the “Merchant of Death” to Russia wh...
The Fed’s Balance Sheet Shows What’s Happening To The Economy
The Federal Reserve Building in downtown Washington DC. HDR image. getty The mother of all charts is below. This is the Federal Reserve balance sheet history straight from their website: The Federal R...
EthereumMax Lawsuit Against Kim Kardashian, Floyd Mayweather and Others Thrown Out
A class action lawsuit that alleges numerous celebrities fraudulently promoted an Ethereum (ETH)-based decentralized finance (DeFi) altcoin to investors is being thrown out. According to new court doc...
UK’s approval of new coal mine criticized as ‘deeply damaging mistake’
This image, taken in March 2021, shows the site where the new facility would be developed. Christopher Furlong | Getty Images News | Getty Images LONDON — Plans for a deep coal mine in the northwest o...
Renowned Wall Street Investment Manager Peter Lynch’s Screening Strategy
. In this article I present the strategy used by the fund manager Peter Lynch. His approach capitalizes on the distinct advantage individual investors have over Wall Street and large money managers. R...
Salesforce is poorly positioned for a recession: Sophie Lund-Yates
Salesforce Inc (NYSE: CRM) has been a pain for its shareholders this year. But is it going to reward them for their patience in 2023? Don’t hold your breath – as per Sophie Lund-Yates of Hargreaves La...
JPMorgan looks at ‘Armageddon scenario’ of Fed jacking rates up to 6.5%. Its conclusion may come as a surprise.
The market’s expectation is that the Federal Reserve will keep lifting its policy interest rate until it brings it to 5% before pausing for some time. But it’s possible that the Fed could decide that ...
Hike of Over 500% in Front-Running Scam Bots on YouTube
Scam Via Videos Pioneer blockchain security company CertiK, reported that the hike in usage of front-running scam bots on YouTube in the form of videos accounted for 500%...
Amid inflation and market volatility, just 12% of adults feel wealthy
Inflation, geopolitical uncertainty and fears of a recession have undermined financial confidence across the board, according to a new report by Edelman Financial Engines. Less than one-quarter, or 23...
GameStop, Dexcom, Cano Health and more
Traders work on the trading floor at the New York Stock Exchange (NYSE) below GameStop signage in New York, August 8, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday tr...
Wind Of Political Change Blowing In Argentina’s Vaca Muerta?
Aerial view of a gas well at Loma de la Lata, in Anelo, Neuquen province, Argentina, in the Vaca … [+] Muerta Formation, on November 27, 2019. – Vaca Muerta is an enormous non-conventional...
Is Carvana Going To Declare Bankruptcy?
Getty Images Carvana via Getty Images Key Takeaways Carvana is looking to be on the brink of bankruptcy, with yields on their corporate notes above 30% according to the Wall Street Journal. The stock ...
Unilever may be considering selling its U.S. ice cream brands
Unilever plc (LON: ULVR) is in focus on Thursday after a Bloomberg report said the multinational was considering selling its U.S. ice cream brands. CEO Jope refrains from commenting on ‘rumour’ Such a...
S&P 500: Only 7 Stocks Could Gain 500% In Five Years (Tesla Isn’t No. 1)
Not many S&P 500 stocks have enough oomph to jump 500% in five years. But a handful show it’s more than possible. X Elon Musk’s Tesla (TSLA) did it: It’s up 739% in the past five...
Top 7 Cryptocurrencies to Invest in Right Now
2022 will go down in history as the year that a new crypto crash wiped a huge amount off the value of some of the leading coins. Yet, that doesn’t mean that investing in these tokens is no longer a va...
Binance CEO Changpeng Zhao Addresses ‘Narrative’ He Says FTX Founder Sam Bankman-Fried Painted Against Him
Changpeng Zhao, chief executive of the top crypto exchange Binance, says disgraced former FTX CEO Sam Bankman-Fried is a “master manipulator” who “perpetuated a narrative” against him. Zhao says on Tw...
Officers Have A Lot To Gain From Unconstitutional Traffic Stops, But Not A Lot To Lose
Mario Rosales with the Ford Mustang that was pulled over in Alexandria, Louisiana. Institute for Justice Mario Rosales was ticketed by Alexandria, Louisiana police for failing to signal. But Mario was...
Hong Kong Internet Rally Goes Free Solo On The Wall Of Worry
China Last Night KraneShares Key News Asian equities were mixed/mainly lower, as Hong Kong outperformed significantly, India managed a small gain, and the Philippines closed for the Feast of the Immac...
Grayscale’s GBTC discount to NAV hits all-time low of 47%
The price of Grayscale Bitcoin Trust (GBTC) versus the bitcoin it actually holds hit an all time low on Wednesday, with the discount ratio reaching 47.3%, according to data from The Block. The G...
Top 5 cryptocurrencies by daily GitHub development activity
The cryptocurrency industry is still picking itself up following the devastation created by the collapse of FTX; nonetheless, development teams among the major blockchain networks are continuing to bu...
Mysterious, Dirt-Cheap Oil Is Being Marketed to Houston Traders
(Bloomberg) — The offer seemed too good to be true: Up to 200,000 barrels of heavy-sour crude at a $30 discount to the US benchmark. Most Read from Bloomberg The sales pitch came from Jonathan P...
Chainlink Launched Staking For Better Protection of Oracle Services
Chainlink is continuously working hard to protect Oracle Services from unwanted security glitches. Chainlink also offers services to Cardano and several other crypto firms. Chainlink is a decentrali...
Used vehicle demand and prices continue to decline from record highs
A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images DETROIT – Wholesale prices of used vehicles reached thei...
Beat Army, Beat Navy, Play For Country
Navy quarterback Keenan Reynolds before the 2015 Army/Navy game at Lincoln Financial Field in … [+] Philadelphia. (Photo by Gavin Baker/Icon Sportswire via Getty Images) Corbis/Icon Sportswire v...
Opinion: Five energy companies are seeing bullish stock buying from their own executives
Even though energy stocks are up 49% this year, executives keep buying their own companies’ shares. Does that make sense? Yes, for two reasons. Oil will trade a lot higher next year, and energy stocks...