The COVID-19 pandemic took some heat away from the British pound, given Brexit. But Brexit is one of the causes of further weakness for the pound, according to Rokos Capital Management, an alternative...
Category: Finance
Live Finance News Updates.
Credit Suisse Shares Are Having Their Worst Run in 11 Years
(Bloomberg) — Shares in troubled Swiss lender Credit Suisse Group AG slipped as much as 5.4% on Monday, hitting a fresh record low and putting them on track for their longest losing streak since...
Laid-Off As An H1B Visa Holder? Here’s How To Fix That
Recently a number of H1B visa holders were laid off and now must find alternate work in the U.S. or … [+] go home. What options are there? getty Recent layoffs at large American firms have impac...
A Post-Thanksgiving Feast Of GARP Stocks
Cisco Systems headquarters in San Jose, California. Photo by Justin Sullivan/Getty Images. Getty Images GARP stands for growth at a reasonable price. This is the middle ground between value investing ...
Pinduoduo stock jumps toward a 1-year high after big profit and revenue beats
The U.S.-listed shares of Pinduoduo Inc. PDD, +13.76% shot up 10.1% toward a one-year high in premarket trading Monday, after the China-based mobile marketplace reported third-quarter profit and reven...
WWE Reportedly Planning Two Huge Title Matches For Roman Reigns
Roman Reigns is likely going to keep the WWE Universal title until WrestleMania 39. (Credit: AMER … [+] HILABI/AFP via Getty Images) AFP via Getty Images WWE already has WrestleMania plans in pl...
When’s The December CPI Report And What To Expect From It
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a … [+] Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Nov. 2, 202...
Digital Asset Macro Environment: Q3’22 Update
November 28, 2022, 9:01AM EST • 1 min read Join The Block Research for exclusive research like this Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, a...
Ardana suspends growth quoting funding issues
The Cardano-based decentralized finance project and stable coin ecosystem, Ardana has suspended the development quoting project schedule unpredictability and funding problems. The suspension is ...
Railway Strike Threatens More Economic Disruption On December 9th
(Original Caption) 07/1894-Chicago- The great railway strike of 1894. Miles of burned freight cars … [+] in the railroad yards of Chicago. Photo shows burned out viaduct wrecking crew at work in...
Stocks with the largest insider trading activity: Week of November 28
With traders and investors looking to get a heads up in the market on the movements of stock prices for the upcoming week, it’s worth analyzing the trading in the shares or other securities of a publi...
As Glazers seek sale, how much is Manchester United worth?
I previously wrote about the finances of Manchester United in a deep dive a couple of months ago. I talked about the controversial leveraged buyout through which the Glazers took control of the club, ...
MGM, Wynn, Las Vegas Sands stocks surge as Macau renews licenses
Shares of some casino operators surged Monday, after Macau tentatively renewed their casino licenses, after the company pledged to make investments in attractions not related to gambling, as the Assoc...
Musk lays a trampoline for DOGE to rise – price hiked for Twitter 2.0
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Scott+Scott declares fresh investigation into Yuga Labs
The Securities and Exchange Commission had engaged itself in the act of investigating the suspicious goings-on at Yuga Labs, which happens to be a prime and important NFT-based project. Along with the...
Marcus Rashford And Phil Foden Must Start For England Against Wales
DOHA, QATAR – NOVEMBER 21: Marcus Rashford of England celebrates with Phil Foden after scoring their … [+] team’s fifth goal during the FIFA World Cup Qatar 2022 Group B match betwee...
Over 60% of Dogecoin holders are still in profit despite market volatility
A number of cryptocurrency investors have incurred losses in 2022, with the market undergoing a sustained volatility phase. However, despite the depressed market conditions, most meme cryptocurrency D...
Top 3 best-performing stocks in the S&P 500 this year
With only one month left until the end of the year, investors’ attention turns to the holiday season in front of us. Sure enough, plenty of economic events lie ahead, such as the Federal Reserve’s Dec...
We don’t like stocks here
Goldman Sachs thinks that being defensive on stocks is the best bet headed into a 2023 that may see a long-talked about U.S. recession. “We remain relatively defensive for the three-month horizo...
“Not your keys, not your coins”
Consumers have long trusted their banks to look after their money because they know that they’re insured against theft and loss. Simply put, if the bank goes out of business and loses the money of its...
Megan Thee Millions: Rapper Reaps Record Riches
It seems that nothing can stop hip-hop superstar Megan Thee Stallion from building an empire worthy of her role model, Beyoncé. It’s 11:30 p.m. in October, and Megan Thee Stallion is live from New Yor...
HSBC share price retreats amid China woes: is it a buy?
The HSBC (LON: HSBA) share price has been in a slow recovery mode in the past few weeks. It rose to a high of 493p last week, up from the year-to-date low of 435p. The stock remains about 12% below th...
Amazon shutting down wholesale distribution in third business exit in India
Amazon is shutting down its wholesale distribution business in India, the latest in a series of retreats for the retailer in the key overseas market where it has deployed over $7 billion in the past d...
The Productivity Decline In Shale Oil Basins Is Illusory
One of the major uncertainties about next year’s oil market centers on the trend in U.S. shale oil production. Because shale drilling is highly responsive to prices and wells decline sharply, producti...
National Grid poised to activate emergency winter plan tomorrow after French nuclear outages
The National Grid faces its first major test of winter energy preparation – REUTERS/Darren Staples National Grid is poised to pay households to cut their power demand tomorrow to avert power cut...
Apple Reportedly Faces Shortfall Of 6 Million iPhones Amid China Factory Protests
Topline Apple may fall short of its production target for its flagship iPhone 14 Pro models by nearly 6 million units worldwide, Bloomberg reported Monday, after workers at the world’s largest i...
5 Ways For Nonprofits To Prepare For Fewer Grants In 2023
The vast majority of nonprofits around the country have been stretched thin over the past couple of years. With labor shortages, financial strains, and once-in-a-century pandemic stresses, it’s been a...
Italy Has a $127 Billion Debt Problem It Can’t Easily Resolve
(Bloomberg) — While much of Europe Inc. is shrinking state-backed loans from the pandemic, Italian companies are still sitting on mountains of such borrowings, complicating government efforts to...