Rio Tinto PLC: “You need to see commodity inflation come back. I will say, it’s a great hedge against long-term inflation, though.” NIO Inc: “That one seems very dicey.” ...
Category: Finance
Live Finance News Updates.
Can Deshaun Watson Provide The Cleveland Browns With The Necessary Finishing Kick?
Cleveland Browns quarterback Deshaun Watson has finished his 11-game suspension for violating the … [+] NFL’s personal conduct policy, and will start his first game for the Browns Sunday, ...
Yardeni Says Curve Inversion Shows Bonds, Stocks Have Bottomed
(Bloomberg) — The inversion of the US Treasury yield curve is flashing that long-term interest rates have peaked, stocks have bottomed out and the Federal Reserve’s policy tightening is approach...
LINE運営のグローバル取引所「BITFROMT」、サービス終了へ
BITFROMTがサービス終了へ LINE運営のグローバル向け暗号資産（仮想通貨）取引所BITFRONT（ビットフロント）が、サービスを終了し閉鎖することを11月28日発表した。 12月30日5:00（UTC）には取引停止となり、来年3月31日5:00には出金が停止となるとのこと。なお発表時点で新規ユーザー登録とクレジットカード決済が停止されたという。 ビットフロントによると今回の取引所閉鎖は「L...
CME Group CEO Accused CFTC Official of Taking Bribe
Terry Duffy addressed Sam Bankman Fried as an ” absolute fraud.” Terry Duffy, Chief Executive Officer of Chicago Mercantile Exchange(CME), while discussing FTX collapse with Fox News, noted that he...
Disney CEO Bob Iger talks ‘Don’t Say Gay,’ LGBTQ inclusion at town hall
Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Following criticism of its past ...
This Is The Most Popular Christmas Candy In Every State
Is Christmas candy the best candy? Here’s what Americans in each state think getty The holidays are here, and it’s time to celebrate with a sweet treat. Or several. According CandyStore.com, 93%...
Bankman-Fried Robinhood shares are the target of a BlockFi lawsuit
A lawsuit filed by crypto lender BlockFi demands Robinhood shares Sam Bankman-Fried is said to have pledged to the company as collateral, the Financial Times first reported. Bankman-Fried owned ...
Doug Kass: 10 Reasons Why I Am Shorting Apple
Last week I initiated a short in Apple (AAPL) — and I added to my short on both Wednesday and Friday. Here is my investment rationale: 1. While the Apple eco system remains formidable (no surpr...
Robert Kiyosaki Shows up With Another Warning
Robert Kiyosaki’s Rich Dad Poor Dad broke all records and sold over 44 million copies. Robert Kiyosaki believes that Bitcoin will hit $1 million in the upcoming times. Robert Kiyosaki is a globally...
Strong labor report could bring bigger Fed hikes
CNBC’s Jim Cramer on Monday told investors that a key labor report could help drive the Federal Reserve’s inflation strategy. “We need to see the unemployment rate go higher, while w...
The Ukrainian Army Captured Dozens Of The Russian Army’s Old T-62 Tanks—And Is Now Sending Them Back Into Battle
An ex-Russian T-62 in Ukrainian colors. Via social media After losing a thousand of its best T-80 and T-72 tanks in Ukraine, the Kremlin early this summer began pulling 50-year-old T-62s out of long-t...
Silvergate Capital reports less than $20 million in BlockFi deposit exposure
Crypto bank Silvergate Capital said that less than $20 million of its total deposits from crypto customers come from lender BlockFi, adding that it has “minimal” exposure to the company no...
Looming S&P 500 Bear Case Sees 15% Drop on Fed Balance-Sheet Unwind
(Bloomberg) — Bulls getting comfortable with Federal Reserve rate-hike policy have another threat to contend with, one that a team at Morgan Stanley says has the potential to send stocks to fres...
Cardano price analysis: ADA fails to consolidate past $0.30 after latest rejection
Cardano price analysis shows a continued bearish outlook, which strengthened with a further 3 percent decline over the past 24 hours. Price has failed to break past the $0.30 support zone since Novemb...
Venezuelan currency falls about 40% against the U.S. dollar, Know what the analysts said
The Bolivar, which is the currency of Venezuela is losing its worth at a fearsome rate after experiencing a duration of relative firmness newly. The currency plunges about 40% against the dollar of th...
Flu hospitalizations increase nearly 30% as U.S. enters holiday season
Susana Sanchez, a Nurse Practitioner, administers a flu vaccination to Loisy Barrera at a CVS pharmacy and MinuteClinic in Miami, Florida. Joe Raedle | Getty Images Flu hospitalizations have increased...
Billionaire Leon Black Accused Of Rape In N.Y. Civil Suit
Topline Hedge fund billionaire Leon Black—who stepped down as CEO of Apollo Global Management last year amid revelations about his financial relationship with late disgraced financier Jeffrey Epstein—...
FTX Received Some Customer Deposits Via Bank Accounts Held by Alameda
(Bloomberg) — As everything was collapsing around him, Sam Bankman-Fried talked casually about the way FTX had accessed regulated banks otherwise out of reach to the crypto exchange: Through his...
Here’s what Black Friday sales tell us about the retail sector — and our top pick
The holiday shopping season got off to a solid start over the weekend, as Black Friday’s online sales beat expectations and started to build some much-needed momentum for the retail sector. Acco...
GILD Stock Hits 4-Year High After Notching Another Cancer Win; RCUS Stock Surges
Gilead Sciences (GILD) and Arcus Biosciences (RCUS) notched another win for their cancer program on Monday, briefly pushing GILD stock to a four-year high as RCUS stock gapped higher. X The companies ...
Fed Officials Say More Rate Hikes Coming; Williams Flags Path to Cuts
(Bloomberg) — Fed policymakers stressed on Monday that they will raise borrowing costs further to curb inflation, with one key official saying that he sees interest rates heading somewhat higher...
Will Smith Concerned Audiences Will ‘Penalize’ New Film ‘Emancipation’ Because Of Oscars Slap
Topline Will Smith said Monday his “deepest hope” is that audiences won’t “penalize” his upcoming film Emancipation because they are not ready to see him on the big screen after he slapped Chris Rock ...
Bob Iger’s fast start back as Disney’s CEO is welcome news to shareholders like us
Bob Iger, who returned last week as CEO of Disney (DIS), told employees Monday he intends to maintain the company’s current hiring freeze. He also reiterated the need for Disney to pivot its str...
‘Reindeer In Here’ Is A Christmas Adventure That Speaks To Everyone Who Feels Like They’re Different
The animated special “Reindeer in Here®,” premieres Tuesday, Nov. 29 on cbs . Photo: CBS ©2022 CBS Broadcasting, Inc. The holidays can just seem overwhelming at times. Adam Reed decided to channel thi...
Marathon Oil’s Solid Balance Sheet & Shareholder Returns Prompt 30% Price Target Hike By This Analyst
Raymond James analyst John Freeman reiterated a Strong Buy rating on the shares of Marathon Oil Corp (NYSE: MRO) and raised the price target from $37 to $48. The analyst said Q3 earnings were strong f...
U.S. warns California cities possible water cuts in fourth dry year
Houseboats on Lake Oroville during a drought in Oroville, California, U.S., on Monday, Oct. 11, 2021. David Paul Morris | Bloomberg | Getty Images Federal water managers on Monday warned California ci...