BP (LON: BP) share price pulled back on Friday as the market reacted to the ongoing crash of crude oil prices and a fire in Ohio. The shares slipped to a low of 443.70p, which was slightly below the y...
Category: Finance
Live Finance News Updates.
Here’s what Costco is saying about inflation — and a membership fee increase
As the market obsesses about inflation and what would cause the Fed to step off the gas pedal, it’s worth considering what some companies are saying about it. The view from Costco Wholesale, the wareh...
BofA Says Cash Is King as Investor Pessimism Hits 2008-Era High
(Bloomberg) — Investors are flocking to cash and shunning almost every other asset class as they turn the most pessimistic since the global financial crisis, according to Bank of America Corp. s...
Cardano Foundation Releases Its Long-Awaited Vasil Hard Fork
Cardano Foundation treated users by releasing its long-awaited Vasil hard fork. As per the network, the upgrade will lead to an improvement in its network capacity. At the same time, Vasil will also h...
Goldman Slashes S&P 500 Target Citing Higher Fed Rates Path
(Bloomberg) — Goldman Sachs Group Inc. slashed its year-end target for the S&P 500 Index to 3,600 from 4,300, arguing that a dramatic shift in the outlook for interest rates moving higher wi...
Variant leads $18.5 million fundraise for developer platform Hyperlane
Hyperlane, a startup that helps developers connect applications across different blockchains, has raised $18.5 million from web investment firm Variant. Galaxy Digital, CoinFund, Circle, Figment, Bloc...
Weird, Undemocratic Voting System Is Taking Hold In U.S.
The winners of elections receive more votes than their opponents, right? Not under a novel system that has been adopted in Maine and Alaska and in several cities, including New York, San Francisco and...
Hong Kong Ditches Strict Covid Quarantine For Travelers After More Than Two Years
Topline Hong Kong will ditch its strict hotel quarantine policy for international travelers, the government announced on Friday, marking the end of one of the world’s toughest pandemic containment reg...
Reserve Rights mainnet readies for launch: here’s where to buy RSR, its native token
The Reserve Rights (RSR/USD) cryptocurrency is rallying ahead of its mainnet launch which sources indicate is almost complete. At press time, the RSR had gained 29.91% in the past 24 hours to trade at...
Trading expert believes Chainlink between $6-8 is ‘an opportunity of a lifetime’
Despite many assets in the cryptocurrency market currently trading in the red, Chainlink (LINK) is recording slight increases, currently standing at $7.11 and leading one crypto analyst to make optimi...
Cardano Vasil hard fork upgrade process begins, should you buy ADA now?
The Cardano Vasil Hard fork happened on Thursday, September 22. However, it will finalize once five days pass, on September 27, based on an official announcement by Input Output HK, the developers of ...
Germany’s housing boom is coming to an end, data hints
Rising interest rates, high inflation, an energy crisis, and a lot of global uncertainty are usually not ingredients for a booming market. The German real estate market seems to be finally catching up...
Vodafone share price is still at risk despite Xavier Niel investment
Vodafone (LON: VOD) share price has come under intense pressure in the past few months as concerns about the firm’s turnaround continue. The stock was trading at 109.40p on Friday, which was slightly ...
GitHub announces new update regarding Tornado Cash 1
GitHub, a software hosting platform, has announced that it has restored the controversial Tornado Cash, back on the platform. The treasury department in the US announced some weeks ago that it had bee...
Trendy Cryptocurrencies to Watch Out For in 2022 – Moshnake, Shiba Inu, and Decentraland
Moshnake becoming the trendiest play-to-earn game in 2022 The creation of cryptocurrencies is an essential component of the technological progress that has been made in a variety of domains over the p...
Canada Bracing For ‘Historic’ Hit From Hurricane Fiona
Topline A huge swath of Canada’s Atlantic coastline is under hurricane warnings as Category 4 Hurricane Fiona continues its push northward, with forecasters warning the massive hurricane will be...
Can the plummeting Turkish lira recover?
The USD/TRY exchange rate continued its bullish trend after the divergent paths taken by the Federal Reserve and the Central Bank of the Republic of Turkey (CBRT). It jumped to an all-time high of 18....
BudBlockz continues to gain traction and looks to overtake Axie infinity
At the confluence of gaming and blockchain, the economic model of the play-to-earn cryptocurrency game Axie Infinity captivated users from all across the globe, allowing gamers to make money while at ...
Where to buy Prosper (PROS)after it updated its circulating supply
Prosper cryptocurrency had been bullish from Wednesday, September 21 to today morning before its price started dropping today. At press time, the price of PROS had dropped by 9.52% to trade at $0.9568...
Cardano price analysis: ADA faces strong resistance at $0.480
The current Cardano price analysis is bullish for today as the ADA/USD price level has reached the mark of $0.462 again as the coin found support and rejected further downside below $0.437. The bullis...
Proof of security? Gensler eyes proof of stake after The Merge
Ethereum’s successful shift from proof of work to proof of stake was a public relations win for the cryptocurrency thanks to dramatically shrinking the network’s energy consumption. But the most infl...
Dutch Central Bank Grants Regulatory Approval to Coinbase
Coinbase has now ventured into new territory. The global crypto exchange platform has received regulatory approval from the Dutch Central Bank, also known as De Nederlandsche Bank (DNB). This action a...
Legal liabilities drag 3M (MMM) stock down to a 9-year low
3M (NYSE: MMM) fell as much as -1.2% on September 22 to reach a 9-year low of $113.43 a share. Market participants seem to be worried by the mountain of lawsuits filed against the company, as the firm...
UNI price surges by 4 percent as it hits $5.92
The Uniswap price analysis is indicating an increase in price levels for today. The price levels have moved up to meet the $5.92 level, which is a relatively positive indication for buyers as the pric...
Roger Federer’s Legendary Career By The Numbers
Roger Federer practiced on Wednesday ahead of the Laver Cup, set to be his final competitive tournament. James Manning/PA Images via Getty Images Roger Federer said on social media last week that he w...
Raytheon secures $1 billion US defense contract beating Lockheed Martin and Boeing
Raytheon Technologies (NYSE: RTX) was awarded a US Department of Defense contract worth $985 million on September 22. More notably, Raytheon beat out Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) ...
S&P 500 forecast after another 75bp rate hike
On Wednesday, the Federal Reserve (Fed) delivered another 75bp rate hike – the third one in a row. Moreover, the dots plot showed a hawkish picture, as the FOMC members project more rate hikes ahead. ...
All you need to know about Cardano Hard fork, Vasil.
Very few crypto platforms are worth exponential growth in the near future. Among them, Cardano is considered to be the next Etherium of the Crypto blockchain. It is often compared with the top cryptoc...
Moshnake, Dogecoin, and StepN: Creating a Diversified Cryptocurrency Portfolio
From meme coins to move-to-earns and play-to-earns, cryptocurrencies like Moshnake (MSH), Dogecoin (DOGE), and StepN (GMT) represent viable channels to build a solid crypto portfolio. However, althoug...