Consumer price inflation in December, at 7%, was last this high in the summer of 1982. That’s about all the two periods have in common. Today, the inflation rate is on the rise. Back then, it was fall...
Category: Finance
Live Finance News Updates.
Xapo closes shop in New York, gives up BitLicense
advertisement Crypto banking firm Xapo is has given up its BitLicense, according to a notice from the New York Department of Financial Services (NYDFS). Last year, Xapo announced its intention to disc...
Shiba Inu loses popularity as frenzy wears out
TL;DR Beakdown Online search for Shiba Inu drops sharply. Search drop owing to memecoin drop in price. Why SHIB may be the next big crypto coin. Popular memecoin Shiba Inu is currently dealing with ha...
New Jersey reinstates public health emergency as omicron overwhelms hospitals
New Jersey Governor Phil Murphy speaks to volunteers as he meets with Newark Mayor Ras Baraka during the gubernatorial election in Newark, New Jersey, November 2, 2021. Eduardo Munoz | Reuters New Jer...
In Massachusetts, Once A Leader In Government Transparency, Key Votes Are Hidden From The Public
Massachusetts Statehouse Getty The Washington Post published an article on January 9 critical of the Iowa Senate for a new policy that requires reporters to now observe senate proceedings from a viewi...
Where The Street Is Too High & Who Should Miss
Traders work during the opening bell at the New York Stock Exchange (NYSE) on February 3, 2020 at … [+] Wall Street in New York City. – Wall Street stocks rose early Monday, bouncing after...
Is Porch Group undervalued? Berenberg’s Justin Ages thinks so
Porch Group Inc (NASDAQ: PRCH) has had a rough couple of months with the stock down about 45% since November 16th, which makes up for a great opportunity to buy it at a discount, says Berenberg’s Just...
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices at a 40-year high, it’s time to follow his lead
Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices at a 40-year high, it’s time to follow his lead Price levels continue to rise at a rate we haven...
Shiba Inu comes to India via two popular exchanges
TL;DR Breakdown • SHIB meme cryptocurrency could be the most traded in India.• Shiba Inu rises in price to over 14 percent after a bearish streak. After being received by two of India’s top exchanges,...
Omicron less severe, hospital stays shorter at large California health system
A healthcare worker administers a Covid-19 test in San Francisco, California, on Monday, Jan. 10, 2022. David Paul Morris | Bloomberg | Getty Images Patients at a large health system in Southern Calif...
With Two ‘Red Notice’ Sequels In Development, Does Netflix Even Need Franchises?
RED NOTICE – (L-R) Dwayne Johnson is the FBI’s top profiler John Hartley; Ryan Reynolds is the world’s greatest art thief Nolan Booth; and Gal Gadot is the world’s most wanted art thief “The Bis...
EthereumMax Investors sue Kim Kardashian and Floyd Mayweather
American socialite Kim Kardashian and boxing legend Floyd Mayweather are facing a lawsuit for allegedly misleading their fans while promoting EthereumMax (EMAX), a little-known cryptocurrency. A repor...
Fed has to be ‘far more aggressive…than the Street thinks,’ says academic who called Dow 20,000: ‘This is too much money chasing too few goods’
Jeremy Siegel, professor of finance at the University of Pennsylvania’s Wharton School of Business, on Wednesday sounded sanguine about the equity market, even as he conceded that inflation is likely ...
WHO says omicron cases are ‘off the charts’ as global infections set new records
Maria Van Kerkhove, head of the World Health Organization’s emerging diseases and zoonosis unit, speaks during a press conference following an emergency committee meeting over the new coronaviru...
30 Stocks That Fit Warren Buffett’s Investing Strategy
. While some critics feel that Warren Buffett’s strategy cannot be duplicated, Robert Hagstrom disagrees. He has authored a number of popular books that highlight Buffett’s core investment principles....
Jenny Harrington ‘regrets’ not owning this bank stock
Wells Fargo & Co (NYSE: WFC) have jumped roughly 20% in less than a month, but Wall Street analysts are convinced the stock is not out of juice yet. Piper Sandler sees upside to $64 a share In a n...
Shopify Stock Has Dropped a Ton. Is It Time to Buy?
Dreamstime Text size Shopify stock has gotten hit hard during the recent tech selloff. William Blair analyst Matthew Pfau says it’s a buying opportunity In a note Wednesday, Pfau upgraded Shopify (tic...
Clothing retailer Gap launches NFT collection on Tezos
Fashion brand Gap has released its first collection of NFTs in collaboration with Brandon Sines, the artist behind Frank Ape. Through the gamified digital experience, customers can unlock the opportun...
Yuzu Swap crosses $100m in TVL within 13 hours of launch
TL;DR Breakdown The Oasis Foundation launched a decentralized exchange, Yuzu Swap. Yuzu Swap blasts off on the first day of its launch. Binance Labs investment boosts the development of the Oasis Prot...
Centralization issues are the greatest offenders of DeFi attacks
Defi sector lost $1.3B due to exploits in 2021 The blockchain security firm cited 44 DeFi hacks Cetrik’s Blockchain security services’ demand rises Decentralized money, otherwise called DeFi, may not ...
Natural gas surges 13% as cold snap ahead is expected to boost demand
A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas futures s...
Checkout.com Ends $1Bn Funding Round Valued at $40Bn
Global payments firm Checkout.com, today (Wednesday) closed a $1 billion Series D funding round which gives the cloud-based, end-to-end payments platform a $40 billion valuation. Today’s Series ...
FCX Stock Leads Mining Stock Rally; BHP Breaks Out
FCX stock, BHP (BBL), Southern Copper (SCCO) and Teck Resources (TECK) raced higher on Wednesday as the copper futures price jumped near a three-month high. The metal considered by many to be an econo...
Dogecoin price analysis: Bulls show immediate reaction as price heightens to $0.158 after a slight correction
TL;DR Breakdown The Dogecoin price analysis is Bullish. Price levels have recovered to $0.158. Support is present at $0.154. The latest Dogecoin price analysis shows a strong comeback from the bullish...
Rapidly rising food prices may give restaurants an edge—here’s why
Erick Williams, chef/owner of Virtue restaurant in Chicago’s Hyde Park, preps a beet salad on Feb. 4, 2021. Jose M. Osorio | Chicago Tribune | Tribune News Service | Getty Images Food prices are...
Biogen vs Eli Lilly: Jim Cramer weighs in
Shares of Biogen Inc (NASDAQ: BIIB) are down about 8.0% on Wednesday after the U.S. Medicare programme refused to cover for its Alzheimer’s drug, Aduhelm, unless the patient is enrolled in an approved...