Federal Reserve’s inflation shift (characterized by banknote, gold and market graph line) getty “Don’t fight the Fed” was the bullish rallying cry that started in 2010. While t...
Category: Finance
Live Finance News Updates.
Forget Fed Rate Hikes. How It Handles Its $9 Trillion in Assets Is What Really Matters.
Federal Reserve Board Chairman Jerome Powell, shown late last year at a House hearing, faces some big policy decisions this year. Brendan Smialowsky/AFP/Getty Images Text size If there is one takeaway...
PayPal working to develop stablecoin
TL;DR Breakdown PayPal working on developing a stablecoin Coin to be backed by USD. Executive says the purpose of the stablecoin is to make payment. Global payment mammoth PayPal has said that it is w...
Risk Bubbles Are Deflating Everywhere, Some Market Watchers Say
(Bloomberg) — For those concerned that the decade-long super-easy monetary policy has created asset bubbles around the world, the first signs of trouble may be in the making for inflated markets...
December fintech VC roundup: VCs continue their love affair with payments
Quick Take Investors poured $11.5 billion into the fintech sector globally in December, with 24 megarounds of over $100 million. Like November, VCs splashed the cash on payments fintechs primarily — $...
Web3 “Reminiscent of Early Internet Days” Says Signal Founder – Trustnodes
Moxie Marlinspike (pictured), the founder of Signal chatapp with its 40 million monthly active users and previously head of security at Twitter, has stated “nerds like me are excited to build for” web...
PayPal confirms that it is ‘exploring’ a stablecoin
advertisement PayPal has confirmed that it is “exploring” a stablecoin backed by US dollars. The Block first reported on this process last May. At the time, The Block’s sources said ...
Is OXT a Good Investment?
OXT is the unique Orchid cryptocurrency that is used for trading value on the orchid network pay-per-use system. Orchid (OXT) is a coin that powers the unique Orchid – a decentralized protocol based o...
Djokovic Attended Event With Young Tennis Players – Unmasked – A Day After Positive Covid Test
Topline Novak Djokovic, the top-ranked men’s tennis player, attended an event with young tennis players in Serbia on December 17, a day after he tested positive for Covid-19, it came to light Saturday...
‘Sing 2’ Passes $100 Million Domestic
‘Sing 2’ Universal In Friday box office news not related to The 355 ($1.71 million) or Spider-Man: No Way Home ($8.3 million), Illumination’s Sing 2 earned another $2.65 million (-59%) on ...
‘Bond King’ Jeffery Gundlach predicts the dollar will dive — which means these 3 assets could shine
‘Bond King’ Jeffery Gundlach predicts the dollar will dive — which means these 3 assets could shine Expectations of a more hawkish Fed have strengthened the U.S. dollar — but according to one billiona...
The African Cup Of Nations Deserves As Much Respect As Any Continental Tournament
TOPSHOT – Algeria’s forward Riyad Mahrez and his teammates celebrate with the trophy after winning … [+] the 2019 Africa Cup of Nations (CAN) Final football match between Senegal and...
Exxon Mobil share price forecast ahead Q4 results
Exxon Mobil Corporation (NYSE: XOM) shares have advanced more than 10% since the beginning of 2022 year, and the current share price stands at $68. Exxon Mobil will report fourth-quarter earnings resu...
Has AT&T stock been punished enough? One analyst says the ‘bear case’ is mostly exhausted
After another year of underperformance versus the S&P 500, AT&T Inc.’s “bear case” may have mostly played itself out, according to an analyst. While AT&T T, +2.74% still faces a number of ...
Here Are The 15 Best Reviewed Netflix Shows Of 2021
Squid Game Netflix Yesterday, I went through and talked about which Netflix original movies were some of the best-reviewed of the year, and how that often did not line up with some of the most popular...
Understanding DAI and Stablecoins – TCR
DAI is an Ethereum based stablecoin pegged by US Dollar MakerDAO is decentralised autonomous exchange that manages it. DAI can be used to generate passive income too. Stablecoins, as the name suggests...
Princess Basmah Released In Saudi Arabia After Almost Three Years In Custody
Saudi Princess Basmah Bint Saud Bin Abdulaziz speaking during a discussion on the role of women in … [+] the Middle East at the Middle East Institute in Washington, DC on April 12, 2017. Photo: ...
Here Are 3 Things 401(k) Millionaires Should Consider Before Retiring Early
Martinmark/Dreamstime Text size For the record number of 401(k) millionaires minted during the pandemic, retirement may be tempting but the market volatility late last year offers a lesson: Paper weal...
Ray Dalio just said your cash savings, bonds are ‘stupid to own’ due to low interest rates — so use these 3 alternative places to stash your money
Ray Dalio just said your cash savings, bonds are ‘stupid to own’ due to low interest rates — so use these 3 alternative places to stash your money Some say cash is king. But according to R...
New and used car prices keep climbing. Don’t expect relief soon
When it comes to car shopping these days, sticker price may mean sticker shock. New and used car prices continue to spurt higher amid strong demand and tight inventory. While a manufacturing slowdown ...
Here’s where the jobs landed last month — in one chart
The leisure and hospitality sector led hiring in December as restaurant and bar managers added wait staff, cooks and bartenders to payrolls ahead of the holidays. That sector saw net job growth of 53,...
Biotech Stocks Are Due to Bounce Back. This One Stands Out.
Text size Large-cap biotech will offer a smoother ride than small, and Vertex, in particular, looks attractive. Igor Akimov/Dreamstime.com Biotech stocks began the year in much the same way they ended...
Dash price analysis: DASH is bullish at $141, more upside ahead?
TL;DR Breakdown The Dash price analysis is bullish today. Resistance is present at $141.9. Support for Dash is present at the $134 level. The latest Dash price analysis confirms that the price has cov...
Hiring falters as payrolls rise only 199,000
The U.S. economy added far fewer jobs than expected in December just as the nation was grappling with a massive surge in Covid cases, the Labor Department said Friday. Nonfarm payrolls grew by 199,000...
Shoppers Returned To Stores For The Holidays
Shopper visits to physical stores for 2021 were far ahead of 2020 numbers and slightly above 2019 … [+] levels for some retailers. (Photo by Brendan Hoffman/Getty Images) Getty Images Shopper tr...
Not Even GameStop Stock Can Fight the Fed
Text size A Tesla electric vehicle drives through the Las Vegas Convention Center loop at the CES 2022 show this past week. Patrick T. Fallon/AFP/Getty Images The stock market is supposed to be forwar...