US President Joe Biden, speaks about rebuilding manufacturing on February 8, 2022, from the South Court Auditorium in Eisenhower Executive Office Building, in Washington, DC. (Photo by Brendan Smialow...
Category: Finance
Live Finance News Updates.
Disney, Uber, Coca-Cola and more
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Ch...
Harden To Philly, Simmons To Brooklyn In Blockbuster Trade
Topline Following a months-long holdout, the Philadelphia 76ers granted guard Ben Simmons the trade he demanded, sending him to the Brooklyn Nets in exchange for fellow disgruntled guard James Harden,...
‘we have a lot of pricing power’
PepsiCo Inc (NASDAQ: PEP) reported market-beating results for its fiscal fourth quarter on Thursday. The stock is still down about 1.0% as shareholders focused more on a half a billion dollars decline...
Visa Appoints Jennifer Como to Lead Investor Relations
Visa Inc, a US multinational financial services corporation based in California, has announced the appointment of Jennifer Como as the new Head of Investor Relations. Como is hired to succeed Mike Mil...
Uber Says Ebitda Could Hit $5 Billion. Stock Drops After Halt Is Lifted.
Text size Uber’s latest forecast was in line with what Wall Street had expected/ Alastair Pike / AFP via Getty Images Uber expects to expand its gross bookings by between 22% and 25% a year thro...
Digital euro legislation planned for next year, EU official says
advertisement The European Union is set to formally consider legislation around a digitized euro in 2023. A senior official from the European Commission announced the move Wednesday, which was first r...
Bisq Review: Peer-to-peer network | Cryptopolitan
Bisq, formerly known as Bit Square and previously called Bitsquare, is a decentralized Bitcoin exchange. The exchange was founded in 2014 by a renowned Austrian cryptocurrency wizard Manfred Karrer to...
Zambia setting up to board CBDC after throwing out cryptocurrency
Lately, the country’s Central Bank has criticized the use of digital assets, now planning to take CBDC that created confusion about Is cryptocurrency legal in Zambia? Central bank controlled cryptocu...
Contractors Poised To Cash In On China Threat Inflation
While the crisis over Russia and Ukraine has dominated recent discussions of U.S. foreign and military policies, it’s important to remember that the driving force behind the push for ever more Pentago...
Is the Uber stock a buy or sell after the stellar earnings?
The Uber (NYSE: UBER) stock price jumped sharply after the company published strong quarterly results. The stock rose by 4.8% on Wednesday and by over 5% in extended hours. In total, the shares have j...
U.S. Mortgage Rates Surge to the Highest Level in More than Two Years
(Bloomberg) — Mortgage rates in the U.S. jumped to the highest level since January 2020, before the pandemic rocked financial markets. Most Read from Bloomberg The average for a 30-year loan was...
China’s digital yuan enthral users at Beijing Winter Olympics
TL;DR Breakdown China1s-Beijing Olympic Games will be the first time for international users to utilize a national government-backed virtual currency. e-CNY encourages mass adoption, lowers entry barr...
Struggling small businesses hope more Covid relief is on the way
andresr | E+ | Getty Images Almost two years into the Covid-19 pandemic, many small businesses are still struggling. While financial assistance for those impacted by the crisis has ended, some of the ...
Domantas Sabonis Traded To Sacramento Kings As Indiana Pacers Continue To Reshape Roster
INDIANAPOLIS, INDIANA – DECEMBER 20: Domantas Sabonis #11 of the Indiana Pacers shoots the ball … [+] against the Sacramento Kings at Bankers Life Fieldhouse on December 20, 2019 in Indian...
MSCI Grabs GRAB, Seeks SE, And Loves LU
China Last Night KraneShares Key News Asia’s equity markets had a decent day as Northern Asia markets outperformed Southern Asia markets with a hint of the global growth/value rotation showing. A few ...
Marqeta Has Named Mike Milotich as Its New Chief Financial Officer
Marqeta announced that it has named Mike Milotich as Its New Chief Financial Officer, effective February 22, 2022. According to a press release shared with Finance Magnates, Mike Milotich, a financial...
Due to the Central Bank of Ireland currency skepticism, allowing retail investment seems unlikely
Keeping into consideration the high risk involved in digital assets and ‘not much expertise’ of retail investors, the central bank of Ireland money put its concern Thursday’s report consists of the Ce...
‘Austin Powers’ villains fight climate change
GM’s 60-second Super Bowl ad stars actor and comedian Mike Myers reclaiming his role as Dr. Evil from the spy comedy trilogy “Austin Powers” that debuted from 1997 to 2002. It also f...
‘Market Anxiety’ Returns After Latest Inflation Surge, 10-Year Treasury Jumps Above 2%
Topline The stock market fell in volatile trading on Thursday after a worse than expected inflation reading—with consumer prices spiking 7.5% in January—raised investor concerns that the Federal Reser...
U.S. Inflation Spikes Higher For January, As Markets See Fed Action In 2022
WASHINGTON, DC – SEPTEMBER 24: January’s inflation data is unlikely to make make happy reading for … [+] Fed Chair Powell who is already planning to raise rates (Photo by Drew Angere...
PayPugs Appoints Gints Veidemanis as Head of Card Business
PayPugs, a Washington DC-based online payment solution for medium and high-risk industries, has announced the appointment of Gints Veidemanis today as the company’s Head of Card, with effect from 31 J...
Datadog Stock Pops On Earnings Beat, Guidance Amid Amazon Partnership
Datadog stock popped Thursday after its December-quarter earnings and revenue handily beat estimates, while 2022 revenue guidance also came in above expectations. X New York-based Datadog (DDOG) repor...
TRON DAO Launches The TRON Grand Hackathon 2022 In Partnership With BitTorrent Chain
Singapore, Singapore, 10th February, 2022, Chainwire TRON DAO and BitTorrent Chain (BTTC) are launching the TRON Grand Hackathon 2022, registration begins on February 14th. The Hackathon is part of TR...
Covid mask mandate lifted because hospitals OK
A recent sharp drop in Connecticut’s Covid hospitalizations allowed the Democratic governor there to feel comfortable dropping the state’s mask mandate, effective later this month. “...
What’s Good For Generac Is Bad For America
The declining reliability of the U.S. electric grid has resulted in a surge in sales of home … [+] generators. This photo, from 2006, shows John Kelly of Kelly Generators with two examples of Ge...
Fade The Rumors On Peloton Before The Market Sells The News
LAS VEGAS, NV – JANUARY 11: Maggie Lu uses a Peloton Tread treadmill during CES 2018 at the Las … [+] Vegas Convention Center on January 11, 2018 in Las Vegas, Nevada. The USD 3,995 workou...
Match-Trade Technologies Outperformed in 2021
Match-Trade Technologies announced that it has acquired over 130 new clients in 2021. The new clients majority consist of MT4 and MT5 white label brokers. However, as opposed to 2020 the number of rea...