The record auction closed for a single artwork sold publicly by a living artist is $91.1 million, set by Jeff Koons’s 1986 sculpture Rabbit in 2019. The Non-fungible tokens (NFT) market is quickly cat...
Category: Finance
Live Finance News Updates.
Cardano’s Charles Hoskinson Speaks on Jack Dorsey’s PoS Criticism
The recent Tweet of Charles Hoskinson indicates that his thoughts are quite different from the Former Twitter CEO, Jack Dorsey. As Hoskinson Tweet looks like he is aiming at the Bitcoin proponent and ...
PayPal threatens to sever partnership with Phoenix Suns if owner Sarver returns
LOS ANGELES, CA – JUNE 30: Owner, Robert Sarver of the Phoenix Suns interviews after Game 6 of the Western Conference Finals of the 2021 NBA Playoffs on June 30, 2021 at STAPLES Center in Los An...
‘The Woman King’ Nabs Promising $1.7 Million Thursday
Viola Davis and John Boyega star in The Woman King. Ilze Kitshoff In what could hopefully be an end to the post-Bullet Train slump at the domestic box office, Sony’s The Woman King earned a promising ...
3 takeaways from Friday’s meeting, including how defensive plays are wins in this two-sided market
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. There is a bifurcation in t...
PayPal Says It Won’t Work With Phoenix Suns If Robert Sarver Keeps The Team
Topline PayPal said Friday it won’t renew its sponsorship agreement with the Phoenix Suns if the team’s controversial owner Robert Sarver doesn’t resign, in the most high-profile financial fallout of ...
Costco Stock Knocked Lower Ahead Of Quarterly Results; FedEx Warns, Shares Dives
Investors sent shares of Adobe (ADBE) sharply lower Thursday after the company offered up soft revenue guidance. Wall Street will be hoping for a different tune from retail stocks like Costco (COST) a...
Intuitive Machines going public via SPAC at near $1 billion valuation
The Nova-C lunar lander seen on April 26, 2022 during assembly for the IM-1 mission. Intuitive Machines PARIS — Lunar-focused space company Intuitive Machines announced Friday it will go public via a ...
India PM Modi Tells Putin Now Is ‘Not An Era’ For War In First Public Comments Against Russian Invasion
Topline Indian Prime Minister Narendra Modi reportedly told Russian President Vladimir Putin on Friday that “now is not an era of war,” marking the first public criticism of Putin’s ...
Two-Year Treasury Spikes, Signaling ‘Severe Economic Slowdown’
Markets in decline as the inverted yield curve in the U.S. just became even more inverted. (Photo … [+] by Spencer Platt/Getty Images) Getty Images The inverted yield curve is now even more inve...
U.S. Treasury recommends exploring creation of a digital dollar
The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying it would help reinforce the U.S. role as a leader in the world fin...
‘HSMTMTS’ star Joshua Bassett still doesn’t know his Disney salary
Joshua Bassett has a busy schedule. Between his film, TV and music careers, the 21-year-old “High School Musical: The Musical: The Series” star doesn’t have much time to look after h...
Eric Clapton Lets Guitar Do The Talking As U.S. Tour Gets Underway
Eric Clapton performs live on stage at United Center. Monday, September 12, 2022 in Chicago, IL Photo by Barry Brecheisen “Thank you!” Over and over Monday night in Chicago, those were about the only ...
This is the only asset investors can use as a recession hedge this year, Citi says
Stocks have been on a rollercoaster ride this year, as soaring inflation and fears of a recession have continued to roil markets. With concerns lingering that the worst is yet to come for equities, in...
Revolut founder Nik Storonsky hires CEO for his AI-powered VC firm
Revolut founder Nik Storonsky appears to have named the CEO of his AI-powered venture capital firm Quantum Light Capital. Ilya Kondrashov, most recently the founder and advisor to Dubai-based family o...
Michael Jordan jersey $10.1 million Sotheby’s record memorabilia
Michael Jordan’s game-worn 1998 NBA Finals ‘The Last Dance’ jersey from game 1 is on display during a press preview at Sotheby’s on September 06, 2022 in New York City. Alexi Rosenfeld | Getty I...
Inside Quaglino’s, The First Restaurant Queen Elizabeth II Visited
Toasting bride Judy Garland are the best man, singer Johnnie Ray, left, and the groom Mickey Deans, … [+] during the wedding reception at Quaglino’s, London in 1969 (Photo by Ian Showell/K...
Is Now A Good Time To Buy Medical Properties Trust And Lock In An 8.2% Dividend?
Income investors are always on the hunt for good stocks that for one reason or another have recently been out of favor, creating a scenario for a higher dividend yield along with possible future appre...
Heathrow alters 15% of Monday flights for Queen Elizabeth II’s funeral
British Airways Airbus A319 aircraft takes off from Heathrow Airport in London, Britain, May 17, 2021. John Sibley | Reuters London’s Heathrow Airport will change about 15% of its Monday flight...
What Does A Weakened Russia Mean?
PEREVEVALNE, UKRAINE – MARCH 06: Russian paramilitaries stand guard outside of a Ukrainian military … [+] base in the town of Perevevalne near the Crimean city of Simferopol on March 6, 20...
Bezos Loses Title of World’s Second Richest Man to Indian Billionaire
It was to be expected. Jeff Bezos has lost the title of second richest man in the world behind Elon Musk, electric-vehicle leader Tesla’s (TSLA) chief executive. The founder and executive ch...
Ana De Armas Shines In Punishing Marilyn Monroe Biopic
Blonde. Ana de Armas as Marilyn Monroe. Cr. Netflix © 2022 2022 © Netflix Andrew Dominik’s Blonde, adapted from Joyce Carol Oates’ novel of the same name, is less a straight-up biopic and more a cultu...
Apple Has Further To Fall
Photographer: Michael Nagle/Bloomberg © 2018 Bloomberg Finance LP September has been the weakest month of the year for AppleAAPL shares. The stock has fallen about 65% of the time in this turbulent mo...
Toomey tells SEC chief to be ‘on notice’ that Supreme Court may overrule new climate rule
Republicans on the Senate Banking Committee took aim at Securities and Exchange Commission Chair Gary Gensler’s plan to implement a new rule requiring disclosure of climate change risks during a heari...
Spanish-language streaming service Canela.TV launches original shows
An upstart Spanish-language streamer is taking a big step into original content. Canela Media will debut a daily entertainment news show, “¡Ponle Canela!,” on its streaming platform, Canel...
The Best New Movies And Shows On Netflix Today: September 16, 2022
HOLLYWOOD, CA – JULY 31: Seth Rogen arrives at the premiere of Netflix’s ‘Like Father’ at ArcLight … [+] Hollywood on July 31, 2018 in Hollywood, California. (Photo by Ax...
FedEx Miss Is Worst Deutsche Bank Analysts Have Seen in 20 Years
(Bloomberg) — Wall Street analysts didn’t mince words in discussing FedEx Corp.’s forecast for the current quarter — which missed by a landslide — and its withdrawal of full-year gui...
Shannon Bream Brings Legal Expertise—And 80s Music—To ‘Fox News Sunday’
Shannon Bream on the set of ‘Fox News Sunday’ Fox News Channel If you were looking for signs that this was no longer Chris Wallace’s Fox News Sunday, perhaps all you needed to do was liste...
ByteDance to Buy Back $3 Billion in Shares After IPO Stalls
(Bloomberg) — ByteDance Ltd. is offering to buy back as much as $3 billion of its own shares from investors at a valuation of about $300 billion, giving existing backers a way to cash out after ...
Why FedEx’s profit warning is such bad news for the U.S. economy
FedEx Corp. has bad news for investors, but what the logistics company’s massive profit warning says about the U.S. economy may be even worse. “The FedEx news was pretty stark. But when I read it, I w...