(Bloomberg) — Mohamed El-Erian has a cautionary word for anyone anticipating an end to interest-rate increases from the Federal Reserve and other central banks. Most Read from Bloomberg “All of ...
Category: Finance
Live Finance News Updates.
Court appoints examiner in Celsius bankruptcy case
The court has approved an examiner for the Celsius bankruptcy case, according to a new order signed by bankruptcy judge Martin Glenn. The U.S. Trustee, the representative of the Department of Justice ...
Judge Overrules SEC’s Objection in Case Against Ripple, Orders Contentious Documents To Be Turned Over
A federal judge is ordering the U.S. Securities and Exchange Commission (SEC) to hand over the evidence that the security regulator has been trying to withhold in its suit against blockchain-based pay...
Ford (F) stock up 70% since Jim Farley became CEO, but he has work to do
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters DETROIT – As incoming CEO of Ford Motor, Jim Farley promised more trans...
‘Community’ Movie Announced With Peacock
SAN DIEGO, CA – JULY 24: (L-R) Actors Joel McHale, Gillian Jacobs and Jim Rash attend the … [+] “Community” panel during Comic-Con International 2014 at the San Diego Conventio...
Four Reasons Why The Federal Reserve Is Tightening Into A Recession
What is Jerome Powell thinking? Getty Images For the first time since the early 1980s, the Federal Reserve is tightening into a recession. The economy is slowing quickly, and leading economic indicato...
Stocks waver in choppy trading after the S&P 500 touches new lows
U.S. stocks struggled to find their footing in choppy trading Friday after a vicious sell-off that sent the S&P 500 to lows not seen since 2020. The bellwether index hovered around the flatline, w...
Carnival shares fall on ballooning costs, dragging cruise stocks lower
The brand new Carnival Cruise Line ship Mardi Gras, docked at Port Canaveral, Florida, on July 30, 2021. Joe Burbank | Orlando Sentinel | Tribune News Service | Getty Images Shares of Carnival fell be...
Herbert, Not Montgomery, Looks Like Bears’ Back Of The Future
Chicago Bears running back Khalil Herbert, right, runs with the ball against Houston Texans … [+] cornerback Derek Stingley Jr. during the second half of an NFL football game, Sunday, Sept. 25, ...
Don’t even think about retiring until you have these 3 things completely paid off — your mortgage isn’t one of them
Don’t even think about retiring until you have these 3 things completely paid off — your mortgage isn’t one of them Millions of Americans spend their working days dreaming about retirement...
Dogecoin price analysis: DOGE slowly continues sideways, retests $0.06
Dogecoin price analysis is bearish today as we have seen further consolidation below $0.061 resistance and a clear rejection for upside. Therefore, we assume DOGE/USD has set another local lower high,...
The Boston Celtics Need Stability; Jayson Tatum Could Provide It
The Boston Celtics’ Jayson Tatum celebrates a basket against Giannis Antetokounmpo during team’s … [+] Game 6 victory over the Milwaukee Bucks in the 2022 Eastern Conference semifina...
Retail Outlook for Holiday 2022: The Strong Get Stronger
Retail Outlook for Holiday 2022: The Strong Get Stronger getty As the 2022 fourth quarter kicks off, those retailers that have been weathering the choppy economy so far appear poised to come out on to...
is the Bear Done? – Trustnodes
It’s the last Friday of the month, and of the third quarter. That means futures have expired earlier today, but quite unusually bitcoin didn’t care. Usually it falls on the expiry week, but while stoc...
‘we still are in a secular bull market’
S&P 500 is keeping flat on Friday after the Bureau of Economic Analysis said the Personal Consumption Expenditures Price Index eased to 6.2% in August. Expert reacts to the PCE data Versus the pri...
Cardano price analysis: ADA finds support at $0.4300; where is the asset headed next?
TL;DR Breakdown Cardano price analysis suggests sideways movement at the level The closest support level lies at $0.4300 ADA faces resistance at the $0.4400 mark The Cardano price analysis shows that ...
Photos show the catastrophic impact of Hurricane Ian
An aerial picture taken on September 29, 2022 shows a flooded neighborhood in the aftermath of Hurricane Ian in Fort Myers, Florida. Ricardo Arduengo | AFP | Getty Images Hurricane Ian slammed into so...
NBC’s Jacob Soboroff Discovers Ties Between Marijuana Industry And ‘Modern Day Slaves’
Jacob Soboroff reporting his special, ‘Captives of Cannabis’ NBC News With marijuana use legalized in two thirds of American states, it’s perhaps tempting to believe that a legal product h...
Biden administration scales back eligibility for student loan forgiveness. Here’s who’s affected
Students walk through the campus of University of California Santa Cruz on Sept. 21. (Nic Coury/For The Times) The Biden administration reined in its pledge to forgive up to $20,000 in federal student...
Unions could face obstacle in 2023 if economy falls into recession
Hannah Whitbeck (C) of Ann Arbor, Michigan, speaks as Alydia Claypool (L) of Overland Park, Kansas, and Michael Vestigo (R) of Kansas City, Kansas, all of whom say they were fired by Starbucks, listen...
Stocks making the biggest moves midday: Nike, Rent-A-Center, Carnival Cruise
People walk near the entrance to Nike store, May 25, 2022 in Moscow, Russia. Konstantin Zavrazhin | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Nike – ...
Minnesota Timberwolves’ Roster Crunch Points To A Future Trade
MINNEAPOLIS, MN – APRIL 29: Karl-Anthony Towns #32 of the Minnesota Timberwolves shoots the ball … [+] over Jaren Jackson Jr. #13 of the Memphis Grizzlies in the second quarter during Game...
Voyager files proposed order to facilitate FTX sales process
Voyager counsel filed a proposed order last night to authorize its sale to FTX US, providing more insight on the $1.4 billion winning bid and the path forward for customers. After a two-week-long au...
PMIs & Real Estate In Focus, Week In Review
China Last Night KraneShares Week in Review Asian equities saw another week of turbulent trading, with growth stocks seeing the brunt of the selling pressure on increasing concerns about global growth...
Victoria VR puts on a show at UK’s biggest gaming event
Victoria VR, the metaverse company that builds the world’s first blockchain-powered realistic virtual reality metaverse, was the standout project at EGX London, the UK’s biggest gaming event, which wa...
There are no American F1 drivers. McLaren CEO thinks he knows why
Formula One is revving up for the Singapore Grand Prix this weekend with a stunning cast of racers, but none of them are from the United States — and McLaren’s CEO Zak Brown has a theory about t...
Rivian Gets Another Buy Rating. Why Analysts Are Overlooking Ford.
Text size Rivian and Ford have a lot of strategic similarities. Courtesy Rivian Electric truck maker Rivian Automotive picked up a new Buy rating, but the optimism for leading EV start-up stocks just ...