The OPEC oil cartel, accounting for about 40% of global oil production, has taken the surprising step of cutting oil production not by one million as they leaked, but two million barrels a day. “The d...
Category: Finance
Live Finance News Updates.
Airbnb is on track to becoming the ‘largest western travel platform’
Airbnb Inc (NASADQ: ABNB) at the current stock price is an opportunity to own “one of the best compounding stories” at a deep discount, says Richard Clarke – Managing Director at Bernstein. Airbnb sto...
These 210 bubbly housing markets could crash 25% to 30%
You don’t need a Ph.D. in economics from the University of Chicago to understand that 7% mortgage rates are a threat to the U.S. housing market. We’re already seeing it. On Tuesday, we lea...
What It Is And Why Does It Matter?
There must have been a lot of news and articles online saying how profitable cryptocurrency trading could be. But believe it or not, cryptocurrency does not have any inherent value, according to Yahoo...
Mortgage applications fall 14% as higher rates, Hurricane Ian crush demand
A sign points toward an Open House in Alhambra, California on May 4, 2022. Frederic J. Brown | AFP | Getty Images The highest mortgage rates in more than 20 years coincided with one of the deadliest h...
Liverpool Idol Xabi Alonso Can Still Play—Now Xabi The Boss Is Set To Shine
Alonso is waiting for his first big chance in Europe. Getty Images Former Liverpool midfielder Xabi Alonso, who has earned some of his managerial stripes as head coach at Real Sociedad’s B team in Spa...
Apple’s manufacturing moves away from China are a drop in the ocean
Apple is slowly moving manufacturing away from China. Production centers are popping up in Mexico, India, Vietnam, as well as the US, according to a new report in the Wall Street Journal, which cites ...
OMG Network Price Analysis: Are Bulls Of OMG Network Gearing Up?
The consolidation in the OMG continues after small upside momentum. The asset price is currently trading near $2.38. Technical indicators of OMG suggests a consolidated trend in price. Meanwhile, OMG/...
Dogecoin (DOGE) May Rise Further if it Breaks the Resistance!
Dogecoin was up marginally on Tuesday after the acquisition news of Twitter by Elon Musk on the original terms. The attorney from Musk sent a letter to the Twitter office to buy the company at $54 per...
UK’s Liz Truss pledges tax-cutting future in speech plagued by protest
Prime Minister Liz Truss is seeking to rally MPs around her her tax-cutting policies following political infighting and market turmoil. Jacob King | Pa Images | Getty Images LONDON — British Prime Min...
NASA, SpaceX Sending First Native American Woman To Orbit
Topline NASA and SpaceX will launch their fifth joint spacecraft to the International Space Station on Wednesday, sending the first Native American woman into Earth’s orbit as NASA plans for its histo...
What Micron’s Billions Toward Semiconductors Means For Inflation, Job Opportunities, The Stock Market And More
LightRocket via Getty Images Key takeaways On Tuesday, Micron Technology announced plans to invest up to $100 billion into a new “mega-fab” plant in New York The semiconductor manufacturer and state o...
What to Know About the 529 Grandparent Loophole
SmartAsset: How the 529 Grandparent Loophole Works A 529 plan can be a powerful way to save for college, offering tax-free growth and other tax benefits. These accounts are so powerful, in fact, that ...
LTC/USD shows dormant behavior at $54.10 after bearish run
The most recent Litecoin price analysis shows a bearish trend for the cryptocurrency as the bears have been at the winning edge for the last 24 hours. Although a strong bullish wave was controlling th...
Shiba Inu Volume Spikes While the SHIB Price Consolidates!
Shiba Inu (SHIB) price is consolidating within a range that could result in a possible breakout either way. It has significant fundamental issues, which are the main reasons for the long-term downtren...
Ford to end production of $500,000 GT supercar with special edition
2022 Ford GT LM Edition Ford DETROIT — Ford Motor will end production of its $500,000 GT supercar later this year with a special edition model paying tribute to the vehicle’s racing heritage. Th...
Tesla, Enphase Energy, Exxon Mobil and more
A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Wednesday. Tesla, Twitter — Shares of Tesl...
Caledonian Sleeper Train Service Between London And Scotland Could Be Nationalized After Funding Row
A Caledonian Sleeper train at Edinburgh Waverley Station. (Photo by Jane Barlow/PA Images via Getty … [+] Images) PA Images via Getty Images The London-listed firm Serco’s $900m contract to run ...
Ahead Of OPEC+ Meeting, What’s Going On With Oil Prices In Fall 2022?
| Getty Images Key takeaways Oil prices dropped negative at the height of the pandemic thanks to lockdowns. Oil companies were unprepared when lockdowns were removed and the government provided stimul...
S&P 500: 10 High-Yield Dividend Stocks Only Warren Buffett Could Love
High dividend stocks are in with most S&P 500 investors. But investors seem to think Warren Buffett’s taste in these kinds of stocks is, well, a little off. X Ten of the high-yield U.S.-list...
Uniglo.io (GLO) Launching At Avalanche (AVAX) And Fantom (FTM) Lows Could Be Very Bullish
The crypto market could be described as choppy for the past weeks and might continue this pattern till the end of the year. However, this is also the best time to make investments. While major cryptos...
XTZ/USD dips to lows of $1.42 as a firm bearish momentum builds
The latest Tezos price analysis suggests a bearish trend for today and supports sellers as the price has undergone a considerable decrease since morning. Although the bears were in the winning positio...
Swiss Data and Analytics Service Nuant Prepares for the Q4 Launch of the First Unified Platform for Digital Asset Data, Analytics and Portfolio Intelligence
October 5, 2022 – Zug, Switzerland Swiss-based digital asset data and analytics fintech, Nuant, is launching a platform that solves a critical industry-wide portfolio management problem for institutio...
Climate reparations ethical but not best fix: Climatologist
Displaced people in floodwater after heavy monsoon rain at Usta Mohammad city, in the Jaffarabad district of Balochistan province, on Sept. 18, 2022. Thirty-three million people have been affected by ...
New Types Of Ammunition Make Ukraine’s HIMARS Far Deadlier
HIMARS rocket launchers have been among Ukraine’s most effective weapons against the Russian invaders, and yesterday’s DoD announcement that they are sending four more will be welcome. Perhaps more si...
Hong Kong Rallies As Shorts Press Their Bets
China Last Night KraneShares Key News Asian equities markets had a strong day following yesterday’s US move with Hong Kong outperforming while China is still on its Golden Week holiday and India misse...
He nailed three big S&P 500 moves this year. Here’s where this strategist sees stocks headed next, with beaten down names to buy.
A Wall Street hat trick may not be on the cards, with stocks in the red for Wednesday. A two-day rally was never a guaranteed exit out of the bear woods anyway, as some say signs of a durable bottom a...
AVAX/USD bearish as price slips to $17.05
Avalanche price analysis shows that the trend is still bearish as the price experiences a downfall to $17.05. Avalanche was previously trading at around $17.52 but has now sought support at around $17...
Will it raise the question of CryptoCrypto after the Laundering of the $384 Million incident in Hong Kong
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