Topline The share of new homes on the market surged to record levels last quarter as mortgage rates jumped to a 22-year high, according to real estate brokerage Redfin, forcing builders to offload hom...
Category: Finance
Live Finance News Updates.
FTX appears to have stopped processing withdrawals, on-chain data show
Crypto exchange FTX, which is currently fighting a battle with rival Binance, seems to have stopped processing clients’ requests for withdrawals, according to on-chain data. The last outgo...
Breaking: Binance to acquire FTX
The headline says it all. Stunningly, the world’s largest cryptocurrency exchange, Binance, is set to acquire the world’s second largest cryptocurrency exchange, FTX. While details are sca...
Italian EV start up takes on U.S. and Chinese rivals with a fresh design concept, but higher price tag
MILAN (AP) — Elon Musk’s Tesla paved the way nearly two decades ago. Now, the global transition to fully electric vehicles is littered with startups, inspired by a new era in mobility and drawn by the...
‘RBI Machine’ Jose Abreu May Leave Chicago White Sox As A Free Agent
Chicago White Sox’s Jose Abreu during a baseball game against the Oakland Athletics in Oakland, … [+] Calif., Saturday, Sept. 10, 2022. (AP Photo/Jeff Chiu) Copyright 2022 The Associated P...
Why Are Mortgage Rates Going Up In November 2022?
| Getty Images Key Takeaways Average mortgage rate currently stands at 6.95% for a 30-year loan and 6.29% for a 15-year loan. Experts believe mortgage rates will be contained to a narrow window as we ...
Web3 gaming company Eterlast emerges from stealth with $4.5 million raise
Web3 gaming company Eterlast emerged from stealth having raised $4.5 million to bring web3 games to sports fans. The seed round was led by Supernode Global. Other backers included Immutable X, S...
How the Rich Avoid Taxes
buy, borrow, die Investing money can help you build wealth, but taxes can take a big bite out of your earnings. Following a buy, borrow, die strategy is one way to minimize your tax liability and pres...
VeChain’s noteworthy mainnet PoA 2.0 all set for positioning
VeChainThor’s most significant and noteworthy mainnet hard fork is now ready to be effectively positioned after a long period of intensive labor and effort. This event occurred after a unanimous vote ...
Oil, Club news, Disney earnings
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 Tuesday’s key moments. Oil in focus Quick mention...
Jay Powell Just Made These 9.7%+ Dividends Even Cheaper
WASHINGTON, DC – JANUARY 29: Federal Reserve Board Chairman Jerome Powell speaks during a news … [+] conference after a Federal Open Market Committee meeting on January 29, 2020 in Washing...
Coinbase Germany ordered to address risk management by BaFin
Germany’s financial supervisor, BaFin, has ordered the German branch of crypto exchange giant Coinbase to “ensure proper business organization,” the regulator wrote in an official statement published ...
Can Polygon (MATIC) hit $2 by December 2022? Here’s what the experts say
The price of Polygon (MATIC) has been impacted by the ongoing washout in the cryptocurrency market as uncertainty surrounds the space amid the news surrounding FTX crypto exchange. As things stand, MA...
Binance Announces Intention to Acquire FTX Following a “Liquidity Crunch” – Trustnodes
Binance’s CEO and FTX’s CEO have both stated their companies have signed a Letter of Intent (LoI) agreement for Binance to acquire FTX. “This afternoon, FTX asked for our help,” Changpeng Zhao of Bina...
EUR/USD price prediction as the euro regains parity with the dollar
The EUR/USD exchange rate recovered the lost ground and bounced back above parity. It found support at the round number today before making another leg higher on an important day for market participan...
GameStop’s Cash Runs Out In A Year (And One Meme Stock Is Worse)
GameStop (GME) certainly has some loyal investors. But there’s one thing it needs much more: cash. The struggling online retailer only has enough cash to carry it about a year at is burn rate th...
Sepana raises $10 million round funding by Hack VC & Pitango First
A decentralized web search startup Sepana announced today that it had raised a $10 million funding round supported by Hack VC and Pitango First. Balaji Srinivasan, Lattice Capital, and others also too...
The Walking Dead’s ‘Daryl Dixon’ Spin-Off Rounds Out Its Cast With European Actors
The Walking Dead AMC We are just a few episodes away from the series finale of The Walking Dead, one that will launch three separate spin-offs, Maggie and Negan’s Dead City, Rick and Michonne’s romant...
Marijuana Legalization: Puff-Puff-Pass-Ive Income
Getty Images Key takeaways Five states are voting whether to approve the legalization of marijuana this election cycle If these measures pass, they’d join Washington, D.C., 19 states and two territori...
Do Kwon faces new $56 million lawsuit in Singapore over role in Terra crash
Troubled Terraform Labs founder Do Kwon is facing a new representative action lawsuit in Singapore regarding his role in the Terra (LUNA) crash. The suit worth $56.9 million was filed by over 300 pla...
E-commerce Cryptocurrency Businesses
Cryptocurrency and e-commerce are two aspects of the digital economy that have made 2020 survivable for many. With the mass shutdowns and pandemic problems of traditional commerce and banking, these v...
Norwegian Cruise stock jumps toward 6-month high after results beat expectation, key earnings metric turns positive
Shares of Norwegian Cruise Line Holdings Ltd. NCLH, +3.18% jumped 2.4% toward a six-month high in premarket trading Tuesday, after the cruise operator reported a narrower-than-expected third-quarter l...
AAL Stock Price Escapes Selling Region, Bears Don’t Want to Give-up
NASDAQ: AAL stock price is rising above a downsloping trendline. The bears barely manage to keep the asset price below the resistance level. Trading volume was at a low of $23.7 million on Monday amid...
Why Polygon, Litecoin, and Snowfall Protocol are Gaining Attention!
There’s no question about it; cryptocurrencies are here to stay. In fact, they will only become more prevalent in the time to come. This is why now is a great chance to invest in Polygon (MATIC), Lite...
Boeing’s aircraft deliveries slipped in October on 737 fuselage flaw
A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mcknight | Reuters Boeing‘s aircraft deliveries in October fe...
‘Behind Every Star’ Delivers Korean Take On French Hit ‘Call My Agent’
Joo Hyun-young, Kwak Sun-young, Lee Seo-jun and Seo Hyun-woo work at a star management agency. Netflix If you saw the French hit series Call My Agent aka Dix Pour Cent, you pretty much know what to ex...
Michelle Gass quitting as CEO of Kohl’s is ‘very positive’
Kohl’s Corporation (NYSE: KSS) is trading up this morning after the retailer said its Chief Executive Michelle Gass will exit the role on December 2nd. Gass to join Levi’s as its President Kohl’s has ...
Nvidia Stock Jumps On Report New Chip Designed for China Market
Updated at 10:08 am EST Nvidia Corp. (NVDA) shares moved firmly higher Tuesday following a report suggesting the chipmaker had developed a new semiconductor it could sell to customers in China witho...
Orbeon (ORBN), Polygon (MATIC), and Aptos (APT)
Highly-anticipated Aptos was under downward pressure from the bears after the tokenomics backlash. The community was unhappy that the devs gave almost half the tokens to themselves. Polygon is riding ...
Auto loan delinquencies rise as loan-accommodation programs end
With inflation cutting into the budgets of Americans, a growing percentage of people with auto loans are struggling to make their monthly payments. TransUnion, which tracks more than 81 million auto l...