Chainalysis, an American blockchain analytics company, has revealed that there is a rise in stablecoin utilization in Russia after the Russian attack over Ukraine, which has since witnessed sanctions ...
Category: Finance
Live Finance News Updates.
Ripple Remittances Partner Says SEC’s Claim That XRP Is an ‘Investment Contract’ Is False
A partner company of payments platform Ripple says the U.S. Securities and Exchange Commission’s (SEC) claims that XRP is an investment contract are untrue. According to new documents, I-Remit, a glob...
Kroger Wants to Merge With Albertsons to Create US Grocery Giant
(Bloomberg) — Kroger Co. is in talks about a tie-up with rival Albertsons Cos. in a deal that would create a US grocery giant, people familiar with the matter said. Most Read from Bloomberg An a...
Rare Massachusetts Tax Refund Raises Interesting Question About Surplus Revenue
George Washington Monument at Public Garden in Boston, Massachusetts. getty Massachusetts taxpayers are getting a rare refund thanks to a 1986 law that requires the state government to refund tax reve...
Victoria’s Secret’s Updated Q3 View Justifies Recent Surge In Its Stock
(Photo by Robert Alexander/Getty Images) Getty Images Last night, Victoria’s Secret SCRT (VSCO) unveiled a new strategic growth plan designed to strengthen the company’s core, ignite growth and transf...
The ‘unexpected’ thing Americans now blame their credit-card debt on
Experts like Suze Orman and Dave Ramsey stress the importance of an emergency fund — and it can help prevent you from going into credit card debt. Getty Images Americans’ credit-card debt rose to $887...
UK government teases electronic trade document law 1
The UK government has announced new legislation to legalize digital trade documents, eliminating the need to hold a papered one. This points to the fact that the government has plans to establish a bl...
Netflix’s Cheaper Ad-Supported Tier Launching November 3
Topline Netflix will launch its cheaper, ad-supported tier on November 3, the company announced Thursday, after facing steep competition from other streaming services and suffering a loss of subscribe...
BofA warns that the US economy will start to lose 175,000 jobs per month during Q1 of 2023, expects a ‘harder landing’ rather than a softer one — here’s why
BofA warns that the US economy will start to lose 175,000 jobs per month during Q1 of 2023, expects a ‘harder landing’ rather than a softer one — here’s why The latest jobs report shows that the U.S. ...
1-In-7 Eligible Voters Could Be LGBTQ By 2030, Study Projects
Topline LGBTQ Americans are expected to rapidly become a greater share of the voting bloc in the coming years, a new report from the Human Rights Campaign and Bowling Green State University projects—m...
Dow up over 450 points as stocks erase post-CPI plunge
Stocks rose sharply in volatile trade late Thursday morning, erasing a steep plunge seen after a rise in the core reading of the consumer price index sparked an across-the-board tumble. The Dow Jones ...
Zachary Quinto Dishes On New Audible Drama ‘The Method’ & Future Of J.J. Abrams ‘Star Trek’ Films
Zachary Quinto recording lines for ‘The Method’ Courtesy of Audible A frustrated actor dangerously blurs the lines between fantasy and reality in the James Patterson’s new Audible drama: T...
The Best New Movies And Shows On Netflix Today: October 13, 2022
SANTA MONICA, CALIFORNIA – FEBRUARY 08: Naomi Watts attends the 2020 Film Independent Spirit Awards … [+] on February 08, 2020 in Santa Monica, California. (Photo by Toni Anne Barson/WireI...
What’s Going On With The Yield Curve And Long-Term Treasury Yields?
Close-up computer screen with financial data. Multiple exposure photo. getty Key Takeaways The yield curve shows the yield of bonds compared to their maturity lengths. Typical yield curves see long-te...
2 ‘Strong Buy’ Dividend Stocks to Protect Your Money
Last month, the Federal Reserve implemented its fifth straight interest rate hike this year, and its third consecutive hike at 75 basis points, bringing its key funds rate up to the 3% to 3.25% range....
The Merge 2.0: Offchain Labs acquires Prysmatic Labs
On October 12, 2022 through a Medium post, Offchain Labs made an announcement of the acquisition of a leading Ethereum Consensus Client team, Prysmatic Labs. This acquisition will merge L1 and L2 toge...
Xcel Delves Deep Into Livestream Shopping; Combines Media And Retail In Direct To Consumer Approach
Ken Downing with designs and an inspiration board for Halston. Downing is creative director of the … [+] brand. Courtesy of Xcel/PHOTO BY CAROLINE FISS Robert D’Loren wants to you to know that d...
Rates on Treasury I Bonds Will Fall to 6.5% Soon. Get a Higher Rate Now.
The new rate on Treasury Series I inflation-linked savings bonds is likely to be set at 6.5% for bonds purchased starting in November, down from the current rate of 9.6%, Barron’s estimates. The new r...
Voters In Competitive Congressional Districts Are More Likely To Vote Republican—These Are The Races To Watch
Topline Voters across the country are nearly evenly split on which party they will support for Congress in November’s upcoming midterm election, but the odds swing slightly in favor of Republicans in ...
Core US Inflation Rises to 40-Year High, Securing Big Fed Hike
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg A closely watched measure of US consumer prices rose by more tha...
Jim Cramer: Avoid ‘House of Pain’ Nasdaq 100 Index
Jim Cramer is the host of the CNBC show ‘Mad Money.’ Cramer has identified stocks that will ‘pop’ Investors are still processing GameStop saga Cramer’s warning: avoid NASDAQ and these 7 stocks Mad Mon...
Kanye West Has Become A Mouthpiece For The Far-Right
Kanye West aka Ye is seen wearing a Balenciaga boxing mouthguard, outside Givenchy, during Paris … [+] Fashion Week – Womenswear Spring/Summer 2023 – Day Seven on October 02, 2022 in...
Fastenal Buy Write Nails Down Dividend, 51% Annualized Return Potential
Screw and bolt supplier Fastenal FAST (FAST) reported quarterly earnings this morning that exceeded expectations. The stock is trading up 3.5%. There is an ex-dividend date coming up in less than two ...
The Girles Token Project Successfully Raised Over $1.2 Million In Presale
Hrodna, Belarus, 14th October, 2022, Chainwire The thunderous presale of the NFT GameFi token raised more than $1.2 million and continues to delight investors. Are you looking for fast-news, hot-tips...
‘Horrible CPI’ Has Some Bracing for Jumbo Hike: Wall Street Reacts
(Bloomberg) — Wall Street hopes that the Federal Reserve might be able to ease up on its battle against inflation later this year were decisively dashed Thursday when consumer price index data f...
Opinion: $22 billion in I-bond sales can’t be wrong. Why you may want to buy them even when their rate resets soon
I-bonds’ sky-high interest rate is poised to fall to 6.48% when they reset next month, according to industry experts. Still, that would be the third-highest level since they were sold in 1998. Though ...