Democrats of the House Financial Services Committee will hear from Securities and Exchange Commission Chair Gary Gensler in the lead-up to a hearing on FTX next week. Gensler will speak at a Dem...
Category: Finance
Live Finance News Updates.
Trump Backtracks On Calling For ‘Termination’ Of Constitution Following Backlash
Topline Former President Donald Trump reversed course Monday after calling for the “termination” of parts of the Constitution over the weekend, following a wave of Republican backlash, insisting in a ...
Economist Roubini Sees ‘Mother of All Stagflationary Debt Crises’
Debt around the world is growing as governments, businesses and individuals have gone on a spending and borrowing spree during the covid pandemic and as it has eased. Nouriel Roubini, chief economist ...
Phillies Give Free Agent Shortstop Trea Turner 11 Years At $300 Million
Speedy shortstop Trea Turner, who signed with the Phillies Monday, may benefit from the bigger bases … [+] baseball will use in 2023. (Photo by Mitchell Leff/Getty Images) Getty Images In rating...
The war on fossil fuels is causing chaos
Climate change is a real and urgent problem. More than a century of carbon emissions is warming the planet and causing floods, droughts, fires and other cataclysmic events that are killing people, thr...
December Tropical Threat? Forecasters Watching Atlantic System That Could Bring Rare Storm
Topline A large area of low pressure located over the central Atlantic Ocean could develop into a rare December named storm this week, according to the National Hurricane Center, days after the 2022 h...
The Bottom Is in for These 3 Stocks? J.P. Morgan Says ‘Buy’
A strong jobs report these days runs counter to the Fed’s wishes. The line of thought is that if the job market is still too hot, the Fed won’t be keen on loosening its tight monetary policy in the on...
XRP Price Action In the Last Week; Upto 150 Million XRP Transfer
Prominent native crypto asset of payment protocol Ripple, XRP, has witnessed good omen in the recent past. The native crypto asset has seen a relatively good price action as well as there has been sig...
Justin Verlander Jumps To Mets As Tough Quest For 300 Wins Continues
Armed with the most wins of any active pitcher, Justin Verlander has joined the New York Mets as a … [+] free agent. (AP Photo/David J. Phillip, File) Copyright 2022 The Associated Press. All ri...
Holiday Air Travel Is Changing As More People Are Working Remotely
Traveling by air at holiday times has typically been associated with peaks and valleys.Over the past … [+] years, and proving more true in 2022, travelers are spreading out traditional holiday t...
Why this Wall Street bear says it’s time to sell stocks again
One of the market’s biggest skeptics is going back to his old ways. Morgan Stanley strategist Mike Wilson cautioned that the rally that has enveloped markets in recent weeks is long in the tooth...
Swyftx layoffs 40% of its employees. Know the reason
Swyftx, a crypto exchange established in Australia has eliminated about 90 employees, which it clarified was in the arrangement of a “worst-case scenario.” The worst-case scenario will be a result of...
SPACs Collapse as $11 Billion of Deals Are Called Off Within an Hour
(Bloomberg) — One of the SPAC industry’s most well-known sponsors and a would-be serial backer have seen deals worth $10.6 billion go up in smoke in less than an hour. Most Read from Bloomberg A...
FTX Customers Deposited Approximately $5B Into Alameda Account-SBF
FTX did not have its bank account after its launch- reports. The Failure of the FTX Exchange has given birth to hundreds of unanswered questions, and more than one million users lost their life ...
Build, Baby, Build! In 2023, Cities Need To Incentivize New Housing
No matter what happens to the economy, state and local governments need to push more housing … [+] development with incentives. getty Pundits and prognosticators will try to predict whether and ...
Hit by Inflation? The IRS Has $1,400 Waiting For You
The IRS has started sending out letters to approximately 9 million households that might have missed out on several pandemic-related tax refunds and stimulus checks, which may include the third round ...
Stocks making the biggest moves after hours: GitLab, Herbalife and more
People celebrate the Gitlab IPO at the Nasdaq, October 14, 2021. Source: Nasdaq Check out the companies making headlines in post-market trading. GitLab – The development software operator jumped 23% a...
An Interview With The Sisters Behind Austin Cocktails, One Of The Pioneers Of The Ready-To-Drink Market
Austin Cocktails RTD’s are designed to offer drinkers a high-end cocktail experience direct from the … [+] can. Austin Cocktails While it seems to many that the sudden appearance of premix...
The Block: Mining stock report: Monday, December 5
Most bitcoin mining stocks tracked by The Block traded lower on Monday, with a couple of of firms seeing double-digit declines. Bitcoin was trading at around $16,900 by market close, according t...
How Tesla Stock Can Hit 52-Week Lows … and How It Can Avoid It
Tesla (TSLA) – Get Free Report stock has not had an easy time this quarter and Monday is no exception, with the electric-vehicle leader’s shares down 5% at last check. The automaker has s...
The Best New Movies And Shows On Netflix Today: December 5, 2022
Detail of the Netflix streaming app on the screen of an Apple iPad Mini, taken on October 6, 2021. … [+] (Photo by Olly Curtis/Future Publishing) Future Publishing This week marks a busy one for...
BAYC Seeking Recovery-the Growing Volume Suggests, APE Unable to Respond
BAYC is the most traded NFT in the last thirty days. The collapse of the FTX exchange has troubled the crypto market, and the NFT sector was badly affected, although several crypto lending firms hav...
ABC News Removes ‘GMA3’ Hosts Amy Robach And T.J. Holmes Amid Alleged Affair
Topline GMA3 anchors Amy Robach and T.J. Holmes will not be appearing on-air, executives informed staffers on Monday, according to Variety and the Washington Post, as it was recently alleged the two a...
Dow Falls 500 Points As Experts Debate Whether Stock Market Will Crash Again Soon
Topline The stock market fell Monday as investors debated whether the bear market rally that pulled major indexes up as much as 20% from October lows has finally come to an end, with some predicting t...
Dow Jones Falls On Mixed Data; Will Apple Buckle Under China Exit?
The Dow Jones Industrial Average deepened losses throughout Monday and ended near session lows at 1.4% at closing bell. X The S&P 500’s fall of 1.8% was steeper at 4 p.m. ET. The index ̵...
Uniswap Price Prediction : Is The Downside Trend Of UNI Price Coming To An End?
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Tax Increases Won’t Lower Gas Prices At The Pump
SAN BRUNO, CALIFORNIA – OCTOBER 03: Gas prices over $6.00 a gallon are displayed Getty Images Governor Gavin Newsom believes California’s gas prices are too high. And he is correct. However, his...
House committee leader says Bankman-Fried has ‘sufficient’ knowledge for testimony
Rep. Maxine Waters, D-Calif., is not buying Sam Bankman-Fried’s excuse for not testifying next week about the collapse of the FTX crypto exchange at a hearing before the House Financial Services...
‘Huge, Missing and Growing:’ $65 Trillion in Dollar Debt Sparks Concern
(Bloomberg) — There’s a hidden risk to the global financial system embedded in the $65 trillion of dollar debt being held by non-US institutions via currency derivatives, according to the Bank f...
10 Dividend Aristocrat stocks expected by analysts to rise up to 54% in 2023
Stocks of companies that raise dividends consistently have outperformed during this year’s bear market. Below is a screen showing which stocks are analysts’ favorites for next year among an expanded l...