The governor of the People’s Bank of China (PBoC), Yi Gang, has revealed new details regarding the country’s CBDC. During the recent Fintech Week held in Hong Kong, the PBoC governor emphasized on the...
Category: Finance
Live Finance News Updates.
Privacy Protection Foremost Issue for Digital Yuan: Governor Central Bank of China
e-CNY needs to maintain “anonymity and full disclosure are not as simple as black and white.”- Yi Gang. Privacy breaching is becoming a common factor in the crypto industry although earlier crypto a...
Musk Meme Fuels $2 Billion Gain For Dogecoin
Topline A textless meme of a dog in a T-shirt tweeted by the world’s wealthiest man Elon Musk sent one of the world’s largest cryptocurrencies up 12% Tuesday, the latest instance of tongue-in-cheek so...
What The Fed’s November Rate Hike Means For Investors
Getty Images Key takeaways The U.S. central bank is preparing to release November’s Fed rate hike decision by Wednesday Investors and economists widely expect the Fed to hike interest rates by 0.75% i...
Goldman Sachs’ top strategist sees ‘more downside risk’ in S&P 500
S&P 500 is trading down on Tuesday after job openings were reported “up” for September despite the Fed’s aggressive attempts to relieve the historically tight labour market. What does it mean for ...
Ripple price analysis: XRP rejects upside, prepares to break past $0.45?
Ripple price analysis is bearish today as we have seen a clear lower high set at $0.465 after a lower low was set at $0.45 yesterday. XRP/USD will likely continue even lower later today as a result, l...
Stablecoins Renamed in Great Britain: Reports
Rishi was appointed as the Prime Minister of the United Kingdom in the last week of October 2022. Earlier Rishi was serving as finance minister of the U.K. Rishi Sunak was appointed as the Prime Min...
The Most Promising Weapons Are All Non-Kinetic.
The current pattern of conflict in Ukraine suggests that the age of drone warfare has arrived. The U.S. Army, which leads joint efforts to counter the threat posed by unmanned air systems, anticipated...
One Recession Indicator Isn’t Flashing Warning Signs Yet—Here’s Why That May Change
Topline As the Federal Reserve gears up for another mega-sized interest rate hike to help cool the economy, one reliable indicator from the Fed is pointing to ongoing resilience among corporate profit...
Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead. Get in now for strong long-term tailwinds
Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead. Get in now for strong long-term tailwinds The stock market has long been the go-to choice for...
Uber, Abiomed, Peloton, Carvana, Molson Coors and more
A traveller waits for an Uber rider at Midway International Airport on May 09, 2022 in Chicago, Illinois. Uber plans to cut spending and hiring in an attempt slow the company’s plummeting stock ...
‘The Last Of Us’ HBO Show Release Date Appears To Have Quietly Been Announced
The Last of Us HBO While HBO has started showing off footage and trailers from The Last of Us, its mega-budget adaptation of the famed Naughty Dog video game, it has not given us an actual release dat...
Cardano’s network activity spiked significantly in October: DappRadar
Cryptocurrency prices today show that Cardano (ADA/USD) is trading around 7% down over the past 30 days. But as well as gains of over 13% in the past week, data shows the blockchain platform experienc...
Breaking China’s Grip on Rare-Earths Markets a ‘Pipe Dream,’ Australia Says
(Bloomberg) — Australia’s resources minister said it was a “pipe dream” that Western countries could soon end their reliance on China for rare earths and critical minerals — vital for the ...
Treasury Department sold record $1 billion of Series I bonds on Oct. 28
The U.S. Treasury Department in Washington. Al Drago/Bloomberg via Getty Images I bonds broke daily, weekly and monthly sales records The Treasury sold $979 million of I bonds before the deadline on F...
Forbes’ Future Of Work Summit Will Address The Skills, Policies And Practices Shaping The New Talent Agenda
The future of work can mean many different things: from how we manage the return to office and hybrid work after the past few years, to how employers are shifting their requirements for the four-year ...
As House Prices Start To Moderate, How Bad Could It Get?
SAN RAFAEL, CA – MAY 24: House prices are starting to decline. What’s the outlook for house prices … [+] in the U.S.? (Photo by Justin Sullivan/Getty Images) Getty Images There is no...
Needham dubs Uber shares its top pick despite a big Q3 loss
Uber Technologies Inc (NYSE: UBER), on Tuesday, reported to have ended its fiscal third quarter with a significant loss. Shares are still up more than 15% this morning. Why are Uber shares up that muc...
Here’s exactly where ‘whiplash-inducing’ mortgage rates are headed this year, according to 6 economists and real estate pros
Where are mortgage rates headed? Getty Images Rates are trending upwards, pros say. Indeed, many pros say estimate that the Federal Reserve will raise interest rates in November and December. And for ...
Magic Square Rebrands Its Ultimate Web 3.0 Affiliate Network Into Magic Boost
November 1, 2022 – Limassol, Cyprus Magic Square, the community-driven Web 3.0 app store, announced today the rebranding of its leading affiliate network as Magic Boost after seeing a series of accomp...
Abiomed, Uber, SoFi, Pfizer and more
Take a look at some of the biggest movers in the premarket: Abiomed (ABMD) – Abiomed stock soared 51.6% in premarket trading after agreeing to be acquired by Johnson & Johnson (JNJ) in a nearly $1...
Housing Solutions Series: Getting Started
Criticism is important, but what are the solutions to housing problems? This series points to the … [+] challenges and opportunities. getty Sometimes when I am speaking to a group about housing ...
What on Earth Are Chicken Bonds – Trustnodes
Unique NFTs that dynamically change based on a crypto bond where you can chicken in and chicken out, is the latest development in the decentralized finance (defi) and stablecoins space. That’s in LUSD...
Americans are running towards the safety of cash — but here are 3 ways they could screw that all up, pros say
Mistakes Americans may be making with their savings Getty Images With markets down and a potential recession looming, investors are running for the safety of cold, hard cash. Indeed, they’ve sidelined...
RealFevr Raises $10 Million To Build the Ultimate Web 3.0 GameFi Sports Ecosystem
October 31, 2022 – Lisbon, Portugal The Web 3.0 Portuguese startup is boosting the sports GameFi and NFT space through product and market innovation, including solving the speculative and utility issu...
With new mortgages down 55%, US lenders are starting to go bankrupt — could this one factor trigger the worst surge of failures since 2008?
With new mortgages down 55%, US lenders are starting to go bankrupt — could this one factor trigger the worst surge of failures since 2008? The real estate market just can’t catch a break, with invent...
Best Dogecoin Casinos and DOGE Gambling Sites Online in 2022
Looking for the best Dogecoin casinos? You’re barking up the right tree here – after reviewing dozens of them, we’re bringing you a curated list of the top DOGE casinos in existence. After these thoro...
Dogecoin Overrided Cardano’s ADA as the Sixth Largest Cryptocurrency
Dogecoin beat Cardano after Elon Musk took over Twitter. Dogecoin gained around 110% in the last few weeks. Since last week the prices of Dogecoin are impressively hiking and shown a 110 percent in...
Phillies’ Kyle Schwarber Just Had One Of The Weirdest Seasons In MLB History
Philadelphia Phillies left fielder Kyle Schwarber watches players warm up ahead of Game 1 of the … [+] baseball World Series between the Houston Astros and the Philadelphia Phillies on Thursday,...
Uber shares up despite a Q3 loss
Uber Technologies Inc (NYSE: UBER), on Tuesday, reported to have ended its fiscal third quarter with a loss. Shares are still up more than 15% this morning. Why are Uber shares up that much? Investors...
SoFi stock rockets as earnings deemed ‘outstanding’
Shares of SoFi Technologies Inc. were flying higher in premarket trading Tuesday after the financial-technology company posted results that were dubbed “outstanding” by one analyst. Though the company...