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Category: Finance
Live Finance News Updates.
USDC Issuer Circle Calls Off $9,000,000,000 Deal To Go Public: Report
The firm behind the second largest stablecoin by market cap is backing out of a multi-billion dollar deal to go public. According to an official announcement, Circle and Concord Acquisition Corp are m...
Mayors Call On Senate To Pass Stalled Gun Control Bills By End Of Year — But Lawmakers Are Hesitant
Topline The mayors of 70 cities that have endured mass shootings this year called on Senate leaders to pass stalled gun control legislation before the end of the year –but Senate Democrats have expres...
United Airlines stock has a 50% upside from here: Morgan Stanley
United Airlines Holdings Inc (NASDAQ: UAL) is keeping in the green on Monday in an otherwise down market after a Morgan Stanley analyst said 2023 could be a “goldilocks” year for the air carrier. Unit...
Start Building A Basket of REITs With These 5 Stocks
As investors begin to see light at the end of the Federal Reserve rate-hike tunnel, real estate investment trusts (REITs) are bouncing back off their lows of six weeks ago. Now could be an ideal time ...
Bybit is Cutting its Workforce by 30% to Reorganize Business
Bybit, a Dubai-based crypto derivatives exchange, seems like it is following the footsteps of leading U.S. firms like Kraken, Lemon Cash, Coinbase, Amazon, Meta, and Twitter. Reportedly the crypto exc...
Tradelens Discontinues Operations. Why You Should Care.
Last week, TradeLens announced the discontinuation of operations ending operations in the first quarter of 2023. The launch of the platform in 2016 was a joint initiative by A.P. Moller – Maersk...
How Your Savings Can Benefit From Higher Interest Rates In 2023
The Federal Reserve has hiked rates aggressively in 2022, that’s a benefit for savers (Photo by Mark … [+] Wilson/Getty Images) Getty Images The Fed has hiked rates aggressively. That’s cr...
Nexus Mutual moves to divest, expects $3 million loss with Maple Finance
The domino effect of companies embroiled in a crypto-lending liquidity crunch that followed the collapse of FTX continues, with Nexus Mutual now seeking to divest from the Maple Finance M11 Credit wET...
Dow Jones Sells Off 350 Points After Economic Data; Tesla Skids On Plans To Cut Production
The Dow Jones Industrial Average sold off 350 points Monday after a host of November economic data, including the PMI composite, the ISM services index and factory orders. China stocks resumed their r...
In the holiday spirit, ZEC lifts holders’ mood- prices turn positive
The price is seen forming an uptrend in the past 7 days, also after the FTX crash. The holders flood with positive sentiments, due to bullish signals. The Zcash prices bring back the holiday spirit to...
Oryen Network is likely to outrun Stacks and Radix in market cap
It is crucial for investors to diversify their portfolios with a variety of investments that have the potential to generate excellent returns. Consider investing in Oryen Network. The market has taken...
Amazon Web Services will take a further hit in 2023: Dan Niles
Amazon.com Inc (NASDAQ: AMZN) will continue to see weakness in its “cloud” business next year, says Dan Niles – the Founder of Satori Fund. Demand will slow down further in 2023 According to Niles, de...
What to do with your 401(k) plan when you quit or retire to make the most of your savings
When moving from one employer to another or leaving the workforce entirely for retirement, you may have an employer-sponsored 401(k) account that needs to be moved as well. There are several options f...
Is Chevron (CVX) Stock Preparing for a Breakout?
Chevron Corporation (NYSE: CVX) is witnessing a good omen which is clearly reflecting on CVX stock price. Multiple geopolitical instances, actions on global level and their reactions affecting the mar...
A Study In Double Standards
YICHANG, CHINA – DECEMBER 25, 2020 – TIKTOK has more than 100 million monthly active users in … [+] Europe, Yichang, Hubei Province, ChINA, Dec. 25, 2020.- (Costfoto/Future Publishin...
Cannabis stocks rally after President Biden signs research bill and reports of SAFE Banking measure advancing
The AdvisorShares Pure U.S. Cannabis ETF MSOS, +4.50% bucked a down trend in the broad equities market on Monday and rallied 7.8%. The surge came days after President Joe Biden signed legislation Frid...
Rapid Insights: Auros’ Uncollateralized DeFi Loans
December 5, 2022, 1:22PM EST • 5 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. The fallout of FTX has caused an industry-wide credit...
Jim Cramer Says Now Is the Time to Pull the Trigger
It’s easy to get the appeal of restaurant stocks in a normalizing economy. So believes Jim Cramer, the well-known host of CNBC’s Mad Money. Commenting following Fed Chair Jerome Powell’s speech last w...
AAVE’s advent calendar brings you newer surprises – prices to rally
AAVE’s V3 will offer increased flexibility for users. AAVE is on whale alert in anticipation of the rollout. Despite showing growth in a bigger frame, its TVL and revenue collected continued to declin...
4 Recession-Proof Business Ideas For Proactive Investors
| Getty Images Key Takeaways Most economists still believe the U.S. economy will enter a recession in 2023. Typically, the stock market as a whole falls during a recession, but some industries are les...
Jim Cramer likes Tesla shares at current price
Tesla Inc (NASDAQ: TSLA) is trading down on Monday after Bloomberg said the electric vehicles manufacturer planned on cutting production of its small SUV – the Model Y. Tesla says it’s ‘false news’ At...
Qualified vs. Non-Qualified Dividends: What’s the Difference?
qualified vs nonqualified dividends Many people wonder whether they should be investing in qualified or non-qualified dividends and what the differences are. The largest difference is in how each is t...
Sam Bankman-Fried Agreed to Appear—With Condition
Hardly anyone might not have heard about Sam Bankman-Fried and his beloved FTX collapse. Ever since the behemoth crypto exchange fell for a bad omen and filed for bankruptcy under Chapter 11 Bankruptc...
BitKeep Completed a Security Audit of Swap Protocol and Launched a Secure Asset Fund With an Initial Capital of $1 Million
The company promises to allocate 10% of the monthly revenue of Swap to the fund. BitKeep, the leading Web 3.0 multichain crypto wallet, serves more than seven million users from across 168 countries. ...
PBR Tries To Buck Media Trend With New Print Magazine
Begun in 1992, PBR today features more than 500 bull riders competing in 200+ annual events in the … [+] U.S., Australia, Brazil, Canada and Mexico. Icon Sportswire via Getty Images As media out...
Uniswap-based DeFi protocol Panoptic raises $4.5 million
Panoptic, a Uniswap-based decentralized finance protocol for trading perpetual options, raised $4.5 million in a seed funding round. Gumi Cryptos Capital led the round, with Uniswap Labs Venture...
Nio, Alibaba, Bilibili among China stocks set for another rally as Covid controls ease
U.S.-listed shares of Chinese internet and electric-vehicle stocks are enjoying a sharp rally yet again in premarket trading Monday amid reports that officials in the country were easing pandemic rest...