Vevo launches Latino music channels on streaming service ViX. Vevo Vevo has partnered with TelevisaUnivision to launch two Latino-themed 24/7 live streaming music video channels on ViX, targeting the ...
Category: Finance
Live Finance News Updates.
Zipmex Meets Thai Regulators & Potential Investors Discussing Recovery Plans
Zipmex – an Asian cryptocurrency exchange froze some of its withdrawals in mid-July seeking to raise 50 Million USD to repair its balance sheet. One of the spokespeople mentioned in an interview the t...
How to cancel a credit card without hurting your credit score
Before you cut up your card, learn the consequences of closing your account and the steps you should take to close it the right way. / Credit: Getty Images Are you thinking about canceling your credit...
BofA Says Investors Wary of Fed Pull Money From Stocks and Bonds
(Bloomberg) — Investors are rushing out of stocks and bonds alike as they worry about the economic risks from the Federal Reserve pressing on with rate hikes, according to Bank of America Corp. ...
Regulators Have A Weak Case Against FTX
FTX made an error in messaging when it suggested depositors were insured Federal regulators will have a hard time proving the exchange did so with sinister motives Regulators can only step in after an...
Epicenter Wins, Cyberknife Seals Place, And Zandon Shows In Hard-Fought Duel
At Saratoga On August 27, This Order of Finish Was Reversed: Rich Strike with Sonny Leon up wins the … [+] 148th running of the Kentucky Derby followed by Epicenter with Joel Rosario up at Churc...
Fed chief Powell ‘did what he needed to do’ in Jackson Hole, Larry Summers says
“ ‘The Fed is positioned as well as it can be — given the credibility losses and mistakes that there have been — with these remarks to manage things going forward.’ ” — Larry Summers Former U.S. Treas...
Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next.
Now might be the time to consider hiding out in short-dated Treasurys or corporate bonds and other defensive parts of the stock market. On Friday, Federal Reserve Chairman Jerome Powell talked of a wi...
On The Merge Coinbase Said It Will “Evaluate Any Potential Forks”
Crypto exchange, Coinbase updated its information related to the Ethereum transition. It mentioned evaluating any potential forks on a “case by case basis” in the Ethereum blockchain. Through a blog p...
These Movies Will Disappear From Netflix At The End Of August
LOS ANGELES, CA – APRIL 22: Jeremy Renner attends the Los Angeles World Premiere of Marvel Studios’ … [+] “Avengers: Endgame” at the Los Angeles Convention Center on Apri...
Alexey Pertsev May Have Contacts With the Russian FSB
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NYDIG Announced Lightning Accelerator Project “In Wolf’s Clothing”
The lightning accelerator project includes mentorship, funding, and work space with non-remote. The “In Wolf’s Clothing” project will be based in Manhattan, New York. The CEO of Stone Ridge Holdings G...
A Martian Assesses The Great 1970s Inflation
At the Federal Reserve conference in Jackson Hole this week, all attention was on inflation. Chair Jerome Powell seemed to have moved the markets when his tight-money comments coincided with a 1000-po...
Energy Emergencies Declared After BP Refinery Fire In Indiana
Topline The U.S. Department of Transportation has declared a regional emergency for Illinois, Indiana, Michigan and Wisconsin after a fire shut down the BP oil refinery in Whiting, Ind., the largest i...
A Tale Of Epic Fraud
By Gary Weiss Hachette Books How bad is the worst thing you’ve ever done at work? Maybe you “borrowed” a few pens and paper for your kids. Perhaps, you “fudged” some expenses. And maybe you now feel g...
Rise In Token Burn Rate Led To SHIB Rising By 9%
The 12th-largest cryptocurrency, SHIB, recorded a weekly high as it rose by 9% as of August 25, 2022. Meanwhile, the wider crypto market is recovering following last week’s sell-off. The popular meme...
What You Can’t Use In Your Movie
Gavel Getty Images There are several categories of laws that impose important limits on what you can include in a film, and it is important to be aware of these categories, the differences among them,...
Arsenal Celebrates Arteta Century With 2-1 Win Against Fulham
Arsenal’s Martin Odegaard in action during the English Premier League soccer match between Arsenal … [+] and Fulham at the Emirates Stadium, London, England, Saturday, Aug. 27, 2022. (AP P...
DeFi Lending Platform Compound (COMP) Launches New ‘Streamlined’ Protocol Upgrade
Decentralized lending platform Compound has launched a new “streamlined” version of its protocol called “Compound III.” With the update, Compound (COMP), an algorithmic, autonomous interest rate proto...
Shrinking the Fed’s balance sheet sheet is not likely to be a benign process, new Jackson Hole study warns
“If the past repeats, the shrinking of the central bank’s balance sheet is not likely to be an entirely benign process and will require careful monitoring of the banking sector’s on-and off-balance sh...
Banking behemoth MUFG invests in Animoca Brands Japan’s $45 million raise
Animoca Brands Japan, a subsidiary of web3 investment firm Animoca Brands, has raised $45 million from Mitsubishi UFJ Financial Group, Inc. (MUFG) and Animoca Brands. This brings the subsidiary’s pre-...
Mortgage Rates Could Skyrocket Even More If the Federal Funds Rate Goes from 2.25% to 4%
Compare mortgage rates What Is a Mortgage Rate? The mortgage rate is the interest rate a lender will charge on your mortgage, based on your risk profile and the particular market conditions. Fixed mor...
King Dollar? How The U.S’s Mighty Greenback’s Could Roar
The George Washington detail on the one-dollar banknote superimposed on computerized people … [+] silhouettes, US, 1982. (Photo by Alfred Gescheidt/Getty Images) Getty Images While soaring infla...
Nuclear Power Could Cut The World’s Carbon Emissions In Half
Atomic plant Vogtle, is a 2-unit nuclear power plant located in Burke County, near Waynesboro, … [+] Georgia in USA. Each unit has a Westinghouse pressurized water reactor (PWR), with a General ...
3 Dutch Commandos Shot In Indianapolis, One In Critical Condition
Topline Three soldiers from the Netherlands’ Commando Corps were injured in a shooting outside an Indianapolis hotel Saturday morning, and one is in critical condition, according to the Netherlands’ M...
Intel Officials Probing If Trump’s Mar-A-Lago Document Stash Posed National Security Threat
Topline The Office of the Director of National Intelligence is working with the Justice Department to determine whether the trove of classified documents that former President Donald Trump brought wit...
Porsche Attracts IPO Demand at Up to $85 Billion Valuation
(Bloomberg) — Porsche has lined up investor interest for its initial public offering at a valuation of as much as $85 billion, signaling one of Europe’s biggest-ever listings is poised to go ahe...
China Suffers Another Dismal Month Of Steel Production
BEIJING, CHINA – OCTOBER 24: Chinese President Xi Jinping vote at the closing of the 19th Communist … [+] Party Congress at the Great Hall of the People on October 24, 2017 in Beijing, Chi...
Should I buy Siacoin (SC) at the current price?
Siacoin (SC) has weakened from $0.0052 to $0.038 since August 11, 2022, and the current price stands at $0.0039. The cryptocurrency market tumbled this Friday after Federal Reserve Chair Jerome Powel...
Grey Hair Rising. Fire The Old(er) At Your Peril.
The Rise of the Old(er) getty Lisa LaFlamme has the perfect name for the firebomb she just threw into the corporate ageism debate. A 35-year, award-winning veteran anchor at Canada’s CTV News, LaFlamm...
Fed Chief Talks Tough on Inflation. There’s More Pain Ahead for the Stock Market.
From left: Fed officials Jerome Powell, Lael Brainard, and John Williams ponder the great outdoors during a break at the economic symposium at Jackson Hole. David Paul Morris/Bloomberg Text size Grand...
The Federal Reserve Can’t Back Down on Inflation in the Face of Recession
Text size The prospect of recession is raising alarm among households, firms, and investors alike. Spencer Platt/Getty Images About the author: Carl Tannenbaum is the executive vice president and chie...