Crude oil is trading at a six-month low, down 28% from highs above $120 per barrel in March to $88 today for a barrel of the West Texas Intermediate variety. Despite the big drop, oil is still up 42% ...
Category: Finance
Live Finance News Updates.
July existing-home sales fall for the sixth straight month, realtors see ‘housing recession’
The numbers: U.S. existing-home sales fell 5.9% to a seasonally adjusted annual rate of 4.81 million in July, the National Association of Realtors said Wednesday. This is the sixth straight monthly de...
Child polio vaccination rate low in some New York areas, increasing outbreak risk
Nurse Lydia Fulton prepares to administer the measles, mumps, and rubella (MMR) vaccine as well as a vaccine used to help prevent the diseases of diphtheria, pertussis, tetanus, and polio at Children&...
Biden Administration Will Distribute 1.8 Million More Monkeypox Vaccine Doses
Topline The Biden administration on Thursday announced a series of new steps to ramp up its response to the monkeypox outbreak as cases continue to climb, making 1.8 million more monkeypox vaccine dos...
US homebuyers are still backing out of deals at the highest rate since the start of the pandemic — here’s what that means for real estate
Seller beware: US homebuyers are still backing out of deals at the highest rate since the start of the pandemic — here’s what that means for real estate As a well-known inflation-proof asset, real est...
Bed Bath & Beyond shares fall after investor Ryan Cohen reveals intent to sell stake
Bed Bath & Beyond shares tumbled in premarket trading Thursday after activist investor Ryan Cohen said in a filing he intends to sell his entire stake in the retailer through his firm RC Ventures....
Why The Inflation Reduction Act’s SAF Tax Credit Won’t Be Enough To Stop Airline Emissions’ Rise
Air travel demand is increasing much more rapidly than the supply of sustainable aviation fuel. Getty Images By Robbie Bourke and David Kaplan Robbie is a partner with Oliver Wyman’s aviation practice...
Tether aligns with top 5 accounting firm for monthly attestations
Tether Holdings Limited, the issuer of stablecoin Tether (USDT), has announced that attestation reports for its reserves will now be handled by BDO Italia, an accounting firm from the BDO global netwo...
Mind Med stock soars 52% after young investor who made $110 million on Bed Bath & Beyond names it as key holding
The stock of psychedelics company Mind Med Inc. MNMD, +59.56% soared 52% Thursday, after it was named by a young investorwho made $110 million from meme-stock favorite Bed Bath & Beyond BBBY, -23....
Smith & Wesson CEO faces backlash after he blamed politicians for gun violence
Convention goers look at weapons at the Smith and Wesson booth last April at the 2015 NRA Annual Convention in Nashville, Tenn. Karen Bleier | AFP | Getty Images After releasing a statement earlier th...
A Focus on Protocol Growth
August 17, 2022, 9:38AM EDT • 15 min read Quick Take Market conditions have stabilized, but the total value locked in DeFi is still significantly lower than its peak in late 2021. The main theme acros...
How Comprehensive Community-Wide Hypertension Data Are Inspiring Heath Equity
It’s no secret that the best data often begets the best policy, especially when it comes to community health and wellness. Having accurate, timely, and well-informed data is often the difference maker...
Dollar General remains attractive but be defensive on the stock
Inflation is still running hot, and consumer budgets are getting squeezed further. Discount chains like Dollar General Corporation (NYSE:DG) have benefited immensely this year. The stock is bound to b...
Canadian pension fund CDPQ Writes off $150 Million Investment in Celsius
Caisse de dépôt et placement du Québec writes off investment in Celsius Emond express his disinterest investing in crypto Caisse de dépôt et placement du Québec writes off Investment in Celsius. Canad...
Cisco, BJ’s Wholesale, Bed Bath & Beyond, Kohl’s and more
A customer walks through an aisle of a BJ’s Wholesale Club Inc. store in Falls Church, Virginia, U.S. Bloomberg | Bloomberg | Getty Images Check out the companies making the biggest moves midday...
Halliburton, Northrop Grumman, Humana, Winnebago Industries, Xcel Energy
Halliburton announced today that its board of directors has declared a 2022 third quarter dividend of twelve cents a share on the Company’s common stock payable on September 28, 2022, to shareho...
Calls for SEC probe mount after meme stock king’s potential pump-and-dump of Bed Bath & Beyond shares
Did the Pied Piper of meme stock investments lead his followers to their impending financial demise? Some investors smell a rat and are calling for the Securities and Exchange Commission’s Gary ...
Top 5 Web3 Tokens Below $0.5 to Add to Your Portfolio in August 2022
Web3 has lately been a popular subject in cryptocurrency as many people are clamoring toward an actual decentralized system. Among other popular crypto trends like Move to Earn, DeFi, Metaverse crypto...
North Korean Hackers Have Looted $1,000,000,000 From DeFi Protocols This Year: Chainalysis
Hacking groups affiliated with North Korea are responsible for much of the theft occurring on decentralized finance (DeFi) protocols, according to blockchain analysis platform Chainalysis. The market ...
Vince McMahon paid $5 million to Donald Trump’s foundation, WWE finds
Vince McMahon (R) and Donald Trump attend a press conference about the WWE at the Austin Straubel International Airport on June 22, 2009 in Green Bay, Wisconsin. Mark A. Wallenfang | Getty Images Ente...
This $3.8 billion hedge fund is shaking up the industry with its pay-for-performance model
(Click here to subscribe to the Delivering Alpha newsletter.) When Peter Kraus founded Aperture Investors, he deviated from the traditional active management model. Rather than raking in fixed fees, K...
Old El Paso: Meet Your Match
Miguel Garza knew he was onto something when his grandmother first tried an almond flour tortilla made by his sister. She told him, “This is not just good…it might taste better than what I grew up wit...
Tencent Rebounds as NetEase Beats Expectations
China Last Night KraneShares Key News Asian equities followed US equities south as a less hawkish US Fed still means rate hikes in September and November. Pakistan was closed for Al-Hijra, which is al...
dWallet Labs raises $5M in pre-seed round led by DCG and Node Capital
dWallet Labs, a blockchain security company building protocols and projects on the decentralised layer1 platform Odsy Network, has raised $5 million in its pre-seed funding round. Digital Currency Gr...
A Major Change Is Coming to Wall Street and Corporate America
It’s a masterstroke that went almost unnoticed on Main Street. But it has not escaped the attention of Wall Street, which will not be pleased with this move by the Democrats. In President Joe B...
Jordan Forex Expo & Awards (JFEX) is coming again for the 21st time!
Afaq Group in Jordan have announced that for the 21st time and after 20 successful runs, the Jordan Forex Expo and Awards conference is to take place at the 1st and 2nd of November 2022 at the Movenpi...
Massive Online PFP NFTs Meetup in the Mega World
There are many things that make Mega World stand out among other metaverses. In fact, the cornerstone of what makes a virtual world interesting, engaging and full of opportunities – is the underlying ...
Investors should take profits with markets poised to cool off
CNBC’s Jim Cramer said the market could continue to stall out after Wednesday’s slump and urged investors to trim some of their positions. “Things can still go right. I don’t w...