SEC and CFTC are working together to regulate the crypto space Gensler admitted that bitcoin is a commodity BTC Price at the time of writing – $19,232.87 Both the Securities and Exchange Commission (...
Category: Finance
Live Finance News Updates.
The World Is Far Too Creative and Dynamic for the Sclerotic Planning Theory That Is ‘NGDP Targeting’
In his speeches, George Gilder regularly makes a crucial point about creativity. The latter is, among other things, what economic planners can’t account for. There’s quite simply no telling what free,...
Supreme Court won’t hear MyPillow CEO Mike Lindell’s defamation case
WASHINGTON (AP) — The Supreme Court says it won’t intervene in a lawsuit in which Dominion Voting Systems accused MyPillow chief executive Mike Lindell of defamation for falsely accusing the company o...
Steve Lacy’s ‘Bad Habit’ Ends Harry Styles Record-Breaking No. 1 Run—For Now
Topline Steve Lacy’s song “Bad Habit” topped the Billboard Hot 100 chart Monday, becoming the 24-year-old’s first leading hit and ending the record-breaking 14-week-long run of Harry Styles’ song “As ...
Why stock market investors should be bullish despite recent volatility, according to a strategist
You wouldn’t guess it by the direction of stocks in the third quarter, but there are a few emerging reasons to begin nibbling at the beat-up market, according to one pro. “Oversold is one ...
Wall Street Capitulation Calls Get Ever Harder as Stocks Bounce
(Bloomberg) — After a furious spate of retail selling unseen since December 2018 and beaten-down risk appetite, all the ingredients were in place heading into the big stock rebound Monday. Most ...
Heathrow Airport Will End Daily Passenger Limits After Flight Disruption-Filled Summer
Topline London’s Heathrow Airport will remove a cap on the number of daily departing passengers at its terminals at the end of the month, the airport said Monday, following a summer filled with flight...
Stocks surge as Wall Street crawls out of a brutal September
U.S. stocks kicked October off on a strong note Monday after the S&P 500 and Nasdaq Composite closed out their first three-quarter losing streak since the 2008 Global Financial Crisis and the Dow ...
Who Is Dream And Why Is The Internet Freaking Out About The ‘Minecraft’ Star’s Face?
Dream Credit: Dream Yesterday, history was made. It’s just entirely possible that you weren’t aware of it. The wildly popular—and mysterious—Minecraft content creator known as Dream finally revealed h...
Logistics Not to Blame for Tesla’s Deliveries Miss. There Is a Bigger Reason.
Tesla stock was getting hammered after weaker-than-expected third-quarter delivery numbers. Wall Street seems to believe the shortfall was due to logistics. That isn’t what investors are worried about...
Tony La Russa, Oldest Active Manager In Majors, Retires At 78
Tony La Russa retired from managing Monday after 36 years and 2,900 wins, second only to John … [+] McGraw. (Photo by Michael Reaves/Getty Images) Getty Images The oldest manager in the majors d...
‘it’s like Tesla a few years ago’
Shares of Rivian Automotive Inc (NASDAQ: RIVN) are up nearly 10% in extended trading after the electric vehicles manufacturer reported its best quarterly production number to date. Rivian produced ove...
Fed’s Williams sees steep decline in inflation ahead
Cooling global demand and steady improvements in supply should result in falling rates of inflation for goods over the next year, New York Fed President John Williams said Monday. “These factors shoul...
Cardano’s latest Weekly Development report: 1,113 projects are being built on Cardano
The report updates the status of ongoing projects. Fund9 results published. Hoskinson responds to Pentoshi’s twitter criticism The latest from the Weekly Development Report published on Cardano Essent...
In A Boston Courtroom, American Airlines CEO Robert Isom Recalls Some Scary Moments
American Airlines employees check in two passengers at a mostly empty check-in counter at Washington … [+] National on May 12, 2020. (Photo by ANDREW CABALLERO-REYNOLDS) AFP via Getty Images Mar...
DOJ objects to Celsius plans to reopen withdrawals
The objection is seeking a deferral on Celsius motions Celsius’ financials is lacking transparency – DOJ Pillay will have two months to prepare and file an examiner’s report The Department of Justice...
Elon Musk Slammed For Russia-Friendly Proposal To End War In Ukraine
Topline The world’s wealthiest man Elon Musk faced sharp backlash Monday afternoon after sharing his thoughts on how to end Russia’s invasion of Ukraine on terms far more amenable to Russia than the W...
Everything Counts In Small Amounts For The Citi Field Mets Experience
Brendan McKeon (left), the New York Mets’ executive director of in-game operation, and Bobby Clemens … [+] (right), the Mets’ executive director of creative content, sit in the dugou...
I’m very bullish on Disney
Walt Disney Co: “I’m very, very bullish. Bought some stock last week for the Investing Club.” Rio Tinto PLC: “I do think that the minerals may have bottomed here. I do think it...
Amid Reports White Sox Manager Tony La Russa Is Retiring, Here Are Nine Candidates To Replace Him
OAKLAND, CALIFORNIA – SEPTEMBER 11: Former Oakland Athletics pitcher Dave Stewart (L) and Tony La … [+] Russa, former manager of the Athletics and current manager of the Chicago White Sox,...
Opinion: Stock markets will drop another 40% as a severe stagflationary debt crisis hits an overleveraged global economy
NEW YORK (Project Syndicate)—For a year now, I have argued that the increase in inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and that c...
Jim Cramer says Apple is still the ‘greatest stock of all time’
CNBC’s Jim Cramer on Monday said that investors should ignore negative calls about Apple and hold onto their shares of the company. “The next time you hear this Apple mishegoss, you need t...
Will Smith’s ‘Emancipation’ Set For December Release Despite Oscars Slap
Topline The Will Smith-starring movie Emancipation will be released in theaters and on streaming in December, Apple announced Monday, after initial reports that Apple would delay the film until next y...
Stocks will continue falling even after Fed pivots, warns Morgan Stanley strategist who predicted bear market
Morgan Stanley Chief Equity Strategist Mike Wilson on Monday has doubled down on his call for stocks to continue falling into the end of 2022 partly because of a shrinking supply of dollars in some of...
3 things are preventing the market from a sustained rally
CNBC’s Jim Cramer on Monday said that Monday’s rally won’t last because none of the headwinds to the economy have abated. Stocks rebounded on Monday after an ugly end to the month an...
Can Will Smith’s ‘Emancipation’ Be This Year’s ‘Million Dollar Baby’ Or ‘Last Samurai’?
Will Smith in ‘Emancipation’ Apple TV+ In a surprise move akin to Netflix’sNFLX debut of The Cloverfield Paradox (during which they dropped a trailer on Super Bowl Sunday and released the ...
Carnival’s Pricing Problems Are ‘Company Specific,’ Analyst Says
“Not all cruise operators are created equally,” wrote Stifel analyst Steven Wieczynski, saying he is upbeat about the sector despite grim news from Carnival that dragged the stocks lower last week Car...