On November 30, 1974 I attended my first college football game. It was Notre Dame vs. USC at the Los Angeles Coliseum. Notre Dame was up 24-6 early, only for USC to storm back and crush the Fighting I...
Category: Finance
Live Finance News Updates.
FTX actions ‘were illegal 100 years ago,’ says Rep. Auchincloss
Congressman Jake Auchincloss, D-Mass., rejected the urgency for new crypto legislation in response to the collapse of FTX last week. “The disaster with FTX is just another exclamation point arou...
Nouriel Roubini attacks Binance CEO Changpeng Zhao and says Kevin O’Leary should lose his role at CNBC over ties to FTX
“What are the 7 C’s of crypto? Concealed. Corrupt. Crooks. Criminals. Conmen. Carnival barkers. And finally, CZ.” That was famed economist Nouriel Roubini, a longtime critic of cryptocurrencies, attac...
Which states have had the most major climate disasters since 2011?
Ninety percent of counties across the U.S. have experienced a flood, wildfire, hurricane or other federally declared climate disaster between 2011 and 2021, according to a report published Wednesday t...
Amazon Starts Massive Round Of Layoffs—Here Are The Biggest U.S. Job Cuts This Year
Amazon confirmed Wednesday it has started laying off an unspecified number of employees, as the country’s second biggest employer reportedly targets a massive job cut that could affect roughly 10,000 ...
The Block: Accessing Web3: Developments and Opportunities
As decentralized applications (dapps) continue to evolve, the tools needed by developers and users to make effective use of them have become more sophisticated. Trends such as decentralized fina...
Cloudzy’s journey towards making globalised VPS service a reality
Technology advancements continue to make the lives of people around the world easier and more efficient. However, this luxury does not come without its price. Perhaps the biggest sacrifice that ...
Burger King Adds a New Weapon in Battle With McDonald’s, Wendy’s
For a long time, Burger King was Pepsi to McDonald’s Coke. At some point, however, that changed and Wendy’s managed to work its way into the conversation, first making it a fast-food burge...
A Cast Of Timeless Villains Revisited
ZURICH, SWITZERLAND – JULY 20: A comedian attacked FIFA President Joseph S. Blatter with money … [+] during a press conference at the Extraordinary FIFA Executive Committee Meeting at the ...
Short seller Muddy Waters says this fintech firm could be a ‘fraud’
Shares of dLocal Ltd (NASDAQ: DLO) were cut nearly in half on Wednesday after Muddy Waters revealed a short position in the Uruguayan financial technology company. Discrepancies in disclosures to inve...
Warren Buffett’s new 13F is out — and he’s leaning on these 3 big holdings to fight white-hot inflation
Warren Buffett’s new 13F is out — and he’s leaning on these 3 big holdings to fight white-hot inflation Price levels are on the rise. In October, U.S. consumer prices surged 7.7% from a ye...
RLN Testing Begins For CBDC Betterment- U.S Banks
Mission CBDC on the last stage of Development testing begins. More than ten traditional banking giants are working together for CBDC development. According to the announcement of the traditional fin...
Sam Bankman-Fried Continues Cryptic Twitter Thread, Claims FTX US ‘Had Enough To Repay All Customers’
The founder of bankrupt crypto exchange FTX says that he’s trying to find a way to make his former customers whole. In a lengthy cryptic thread on Twitter, Sam Bankman-Fried says that he thought that ...
ECB vice president says will do ‘whatever necessary’ to tame inflation
It is crucial for the European Central Bank to convey its commitment to bringing prices down in order to keep inflation expectations anchored, according to its vice president. Luis de Guindos told CNB...
Here’s Everything You Need To Know
Modern Warfare II Credit: Activision Call Of Duty: Modern Warfare II Season 1 is now live, a bit earlier than expected. This means that a whole bunch of new content is available to dig into, including...
Avoid Etsy stock in the ‘near-term’: Evercore ISI
Shares of Etsy Inc (NASDAQ: ETSY) have lost nearly 45% this year and the probability of a near-term recovery, as per an Evercore ISI analyst, is rather slim. Why is she dovish on the Etsy stock? Etsy ...
Why is Johnson and Johnson Stock Rising in November?
Johnson and Johnson was founded in 1886. The company has become a household name since. Johnsin and Johnson stock was trading at the market value of $172.39. Biggest Deal Around 6 Six Years Johnson an...
Three Arrows Capital Founder Kyle Davies Says FTX Employees Admitted to Hunting 3AC’s Positions
The co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC) says that FTX employees have admitted that the collapsed exchange was hunting down the firm’s positions. In a new interview on C...
Mixed economic picture, energy, EL deal
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments: ‘Mixed pictureR...
At Least 22 Los Angeles Police Cadets On Morning Run Struck By Vehicle—Driver Detained
At least 22 cadets with the Los Angeles County Sheriff’s Department were injured when a driver plowed into a large group of cadets on a morning run Wednesday morning, according to local authorities, w...
Tencent international gaming revenue increases while domestic earnings fall
Tencent, the world’s largest gaming company, saw a 3% increase in its international gaming revenue to $1.65 billion in the third quarter as domestic Chinese revenue dropped 7% following two year...
Disgraced FTX founder Sam Bankman-Fried still sees path to rebuilding his bankrupt empire and believes he can make his customers whole
The disgraced founder of FTX, Sam Bankman-Fried, believes there’s enough value locked on the exchange’s balance sheet to repay customer deposits held under custody and rebuild his dying crypto empire....
What’s Going on With NVDA Stock Price?
Nvidia is considered the greatest industry in the GPU sector. The company is yet to reveal their third quarter financials. NVDA stock was trading at the market price of $166.66. Berkshire’s Move Affec...
Numerous owners of Imaginary One NFTs purchase Toon Finance!
If you’ve been searching for different NFTs, you might have learned of the Imaginary One NFTs. Because of their recently released 3D NFTs, they have been discussed. Among the many NFT holders that fol...
NASA’s Artemis 1 mission heads to the moon after successful launch
To the moon, again! NASA launched the Artemis I mission from Florida at 1:47 a.m. ET on Wednesday morning, with the agency’s most powerful rocket ever kicking off a nearly month-long journey wit...
Fed’s Waller says he’s open to a half-point rate hike at December meeting
Christopher Waller testifies before the Senate Banking, Housing and Urban Affairs Committee during a hearing on their nomination to be member-designate on the Federal Reserve Board of Governors on Feb...
Pentagon Pork and Mr. Rogers’ Neighborhood
Analyses of who won and who lost in this year’s midterm elections are well underway. For its part, the arms industry had one big win, among others: the likely ascension of Rep. Mike Rogers (R-AL) to t...
Genesis Global Capital suspends redemptions, with impact spreading to Gemini
Genesis Global Capital, the lending business of Genesis Trading, temporarily suspended redemptions and new loan originations in the wake of FTX’s recent collapse and the earlier Three Arrows Cap...
Macy’s stock is pushing for a resistance breakout ahead of earnings. A reason to buy it?
Macy’s Inc. (NYSE:M) reports its quarterly earnings on November 17 before the market open. The stock has been gaining ahead of the key earnings report. A return of 9.48% in the last month underlines a...
S&P 500: 20 Growth Stocks Are Now Actually Cheaper Than Value Stocks
Talk about the bear market turning the S&P 500 upside down. More than a few growth stocks are now actually cheaper than value stocks. X Twenty stocks in the S&P 500 Pure Growth index, includin...