Goldman Sachs has started laying off workers across the US — with a focus on cutting mid-level investment bankers. Here’s why that’s a bad sign for the economy As the economy hovers on the...
Category: Finance
Live Finance News Updates.
Front Line Workers Owed A Dose Of Gratitude
NEW YORK, NEW YORK – MAY 09: A firefighter smiles while walking towards a medical worker outside of … [+] NYU Langone Health hospital during the nightly ‘Clap Because We Care’ ...
Santiment Suggests Polkadot and Kusama Leading Cardano
Santiment showed a metric report that indicates Polkadot (DOT) and Kusama (KSM) leading the crypto market since the past month. DOT and KSM lead Cardano (ADA) in terms of development activity. In a re...
Diageo Picks Up Mr. Black, An Australian-Made Coffee Spirit.
The espresso martini craze isn’t ceasing, and Diageo acquires a cold brew liqueur, made with a … [+] bittersweet blend of top-grade Arabica coffees and Australian wheat vodka. www.guydavies.com....
What Did Warren Buffett Say He’d Write A $25 Billion Check For?
Berkshire Hathaway CEO Warren Buffett is well known for his frugality. The extent of his frugal quirks are well-documented. You may already know that he never spends more than $3.17 on breakfast or th...
These Central Banks Will Test CBDC Use for International Retail Payments
The Central Bank of Sweden, Israel and Norway, along with the Bank for International Settlements (BIS) launched a project called Icebreaker. All the central banks will explore retail CBDC for in...
Singapore Grand Prix is tough but he’s excited
After a two-year hiatus thanks to the pandemic, the Singapore Grand Prix — Formula One’s first ever night race — is roaring back this Sunday on a circuit that Oracle Red Bull’s Max Verstap...
Alex Epstein’s Excellent and Essential ‘Fossil Future’
In his wonderful book American Happiness and Its Discontents, George Will wrote that Founding Father John Adams began each day with a tankard of beer. The anecdote read as incongruous. How could Adams...
Pension Rebalancing Threatens to Spur $26 Billion Equity Selloff
(Bloomberg) — US stock investors looking for anything that could halt the rout might not be able to count on a source of support that’s buoyed markets in the past: portfolio rebalancing. Every q...
Reintroduction Of Non-Euro Stablecoin Transactions In The European Union
The lawmakers and officials have agreed on new regulation policies on digital assets, which could have an impact on the users of cryptocurrency firms. Transaction caps for non-euro stablecoins will be...
Nike (NKE) earnings Q1 2023
A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021. Paul Ratje | AFP | Getty Images Nike on Thursday said it had a strong first ...
The Unofficial ‘Black Adam’ Box Office Preview
Warner Bros. Discovery has begun the final lap of marketing and promotion for Dwayne Johnson’s DC Films flick Black Adam. We’ve got tickets on sale for the (reportedly) 124-minute action fantasy, with...
These 4 Majors Had The Biggest Move Up
After many days of serious selling pressure, real estate investment trusts (REITs) found eager and willing buyers on Sept. 28. Several of the major REITs gained in price by 3% or more, a significant u...
Charles Hokinson Wants To Get Rid Of Cardano’s Official Wallet
The founder of Cardano, Charles Hokinson, came up with another creative idea that supports the growth of the DeFi blockchain system and upcoming challenges in cryptocurrency. Hoskinson shared his pers...
Thursday Night Football Week 4 Schedule, Odds, Picks And Prediction
Cincinnati Bengals quarterback Joe Burrow (9) looks to pass the ball during an NFL football game … [+] against the New York Jets, Sunday, Sept. 25, 2022, in East Rutherford, N.J. (AP Photo/Steve...
House Democrats have officially drafted a bill that bans politicians, judges, their spouses and children from trading stocks — but here’s what they’re still allowed to own and do
Democrats have introduced legislation that would ban senior government officials from owning and trading stocks. The bill, called the Combating Financial Conflicts of Interest in Government Act, is an...
Disney names Alisa Bowen president of Disney+
In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images The Walt Disney Company has n...
Google Is Killing Stadia, And Refunding Every Purchase Ever Made
NEW YORK, NY – OCTOBER 15: The new Google Stadia gaming system controller is displayed during a … [+] Google launch event on October 15, 2019 in New York City. Google’s Stadia game s...
Toyota CEO doubles down on EV strategy amid criticism it’s not moving fast enough
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC LAS VEGAS – Toyota Motor is standing by its electric vehicle strategy, including hybrids like the Prius, following...
Los Angeles Chargers Roll The Dice With Rookie Jamaree Salyer At Left Tackle Against The Houston Texans
Los Angeles Chargers left tackle Jamaree Salyer will make his first NFL start as the rookie fills in … [+] for the injured Rayshawn Slater on Sunday as L.A. faces the Houston Texans. (AP Photo/K...
PC Demand Is Tanking. What It Means for Nvidia, AMD and Intel Stock.
Susquehanna is getting more pessimistic about the outlook for PC sales. On Thursday, semiconductor analyst Christopher Rolland reduced his price targets for Nvidia (ticker: NVDA ) stock to $180 from $...
MacOS Users targeted by Lazarus Hackers
The Lazarus Group are North Korean hackers The hackers are now sending unsolicited and fake crypto jobs Latest variant of the campaign is being scrutinized by SentinelOne The Lazarus Group is a group ...
Terraform Labs Calls South Korean Prosecutor’s Case Against Founder Do Kwon ‘Highly Politicized’: Report
Terraform Labs is reportedly accusing South Korean authorities of giving in to public pressure when they issued a warrant of arrest against its founder Do Kwon. Kwon currently faces legal actions foll...
Phil Collins, bandmates sell music rights, but Peter Gabriel opts out
British Pop and Rock musician Phil Collins of the group Genesis performs onstage at the Rosemont Horizon, Rosemont, Illinois, November 14, 1981. Paul Natkin | Archive Photos | Getty Images Do you like...
‘Bros’ Director Nicholas Stoller Talks Honesty And The Rom-Com’s Secret Weapon
Director Nicholas Stoller arrives for the premiere of Universal Pictures’s ‘Bros’ at Regal LA Live … [+] in Los Angeles. AFP via Getty Images Hit comedies are becoming fewer an...
Dow Jones Plunges 550 Points After Key Economic Data; Apple Stock Dives On Downgrade
The Dow Jones Industrial Average plunged 550 points Thursday morning after the release of key economic data — U.S. GDP and first-time unemployment claims. Apple stock sold off on a Bank of America dow...
Safe token airdrop goes live with 43,000 users eligible for reward
Safe, formerly Gnosis Safe, a decentralized crypto custodian, has announced that its SAFE token airdrop is now live with over 43,000 users eligible to claim the coins. The airdrop is part of the launc...
Cybercriminal Group Suspected For Laundering $5.6 Billion arrested in China
Cybercriminals have also ramped up their practices to commit fraud Criminals are alleged to launder 40 billion yuan Police has arrested a group of 93 people Since the developing crypto issues, high e...
Opinion: Market instability replaces inflation as the biggest risk, raising the chances of a pivot by the Federal Reserve
Market instability is the biggest risk to central banks globally, replacing inflation, owing to massive amounts of leverage. So far, the U.S. Federal Reserve is fortunate because there’s low volatilit...