(Bloomberg) — Elon Musk sent a letter to Twitter detailing additional reasons to terminate his $44 billion takeover deal. Most Read from Bloomberg In a filing on Tuesday, lawyers on behalf of Mu...
Category: Finance
Live Finance News Updates.
Approx. 1.2 Billion SHIB Burned in Just a Week: A 100% Increase From Last Week’s Rate
Over the last seven days, over 1,214,431,010 SHIB tokens were burned in 121 transactions, shows the Shibburn Twitter. It represents over 100% rise from the amount burned in the last week. The la...
Education Dept. cancels $1.5 billion in loans for Westwood College borrowers
Tero Vesalainen | Istock | Getty Images The U.S. Department of Education on Tuesday announced it will cancel all remaining federal student debt for former students of the now-defunct for-profit Westwo...
Monkeypox Cases In Europe May Have Peaked, World Health Organization Says
Topline Europe’s monkeypox outbreak appears to have peaked, the World Health Organization said on Tuesday, urging all countries to intensify efforts to curb transmission and push to eliminate the viru...
Powell’s Inflation-Fighting Speech Sets Up Larger 75bps September Hike
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking at the … [+] Jackson Hole Economic Policy Symposium on the floor of the New York Stock Exchange (NYSE)...
The third richest man in the world behind Musk and Bezos is a college dropout whose fortune has surged $60 billion this year
While 499 other billionaires have struggled to add to their fortunes this year, the world’s third richest man has made a whopping $60 billion. With a total net worth of $137 billion, Indian-born Gauta...
Best Twitter threads of the day – August 30th
A new market indicator just flashed 1/5 A huge new indicator has just flashed up that hasn’t existed before. There is now a huge discrepancy between the stock market and crypto total market capitalisa...
Five Stage Framework For Reducing Transformation Complexities
getty Growing up, we were taught about leadership through a variety of frames, figures of speech, images, and stereotypes of heroism. We learned about values such as honesty, bravery, risk-taking, sac...
Europe’s Energy Crisis Won’t Be Over Anytime Soon, Experts Say
A man waves a European Union flag in front of the Romanian Parliament headquarters during a protest … [+] against government and corruption in the front of the Romanian Government headquarters i...
SEC v. Ripple battle spills over into WSJ op-ed pages
The battle between crypto firm Ripple and the Securities and Exchange Commission (SEC) has moved into a new venue of sorts. Early last week, SEC Chair Gary Gensler wrote an op-ed for the Wall Street ...
Big Lots, Best Buy, Nikola and Lucid
A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Big Lots – Shares jumped 7.8% after the...
Britney Spears And Elton John’s Collaborative Single Begins To Hit The Billboard Charts
Britney Spears performs during Now! 99.7 Triple Ho Show 7.0 at SAP Center on December 3, 2016 in San … [+] Jose, California. (Photo by Tim Mosenfelder/Getty Images) Getty Images After half a dec...
Are Any Stocks ‘Recession Proof’?
Recessionary times are part of investing, it’s essential to adjust accordingly. Getty Images A common concern for investors is where to hold their assets during a recession. Trying to time the m...
Dow Jones Reverses As Stock Market Hits Critical Support Level
The Dow Jones Industrial Average reversed lower Tuesday morning, threatening to add to recent losses heading the final two sessions of August. The stock market faces an important test, as the major st...
SEC Inquiries Twitter About Bots, User Numbers
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Texas reports what may be the first U.S. death from monkeypox
Monkeypox virus, illustration. Thom Leach | Science Photo Library | Getty Images Texas health officials said Tuesday that a person diagnosed with monkeypox died in what may be the nation’s first...
Hardee’s Has Teamed Up With A Nashville Brewery To Create A Beer That Includes The Chain’s Signature Biscuits
Beginning Sept. 1, Strawberry Biscuit Ale, featuring Hardee’s signature biscuits, will be available … [+] at the Southern Grist Brewing Co. Taproom in Nashville and via shipping by Souther...
It suddenly seems like we are in the Bull Market
In the past few months, the cryptocurrency market has changed, which caused one of the crypto world’s longest “crypto winters.” This led to a period where investors sold their assets for cheaper price...
Best Buy (BBY) Q2 2023 earnings
Televisions are seen for sale at a Best Buy store in New York City. Andrew Kelly | Reuters Best Buy on Tuesday said sales dropped by about 13% in the fiscal second quarter, as the retailer felt a pull...
Bringing The Farmers’ Market Experience To Home Delivery
Fresh produce at a farmers market getty There is a company called Market Wagon whose basic business concept was to create a localized, on-line, home delivery version of farmers’ markets. It recently r...
JPMorgan Strategists See Bullish Stocks Signal in US Jobs Data
(Bloomberg) — A reading on the US labor market that spells bad news for the economy is actually a bullish signal for stocks, according to JPMorgan Chase & Co. strategists. Most Read from Blo...
UK inflation could top 22% as energy prices soar, Goldman Sachs warns
Goldman Sachs has said that the U.K. is likely to fall into recession in the fourth quarter 2023. Richard Baker | In Pictures | Getty Images LONDON — U.K. inflation could soar above 22% next year if e...
YouTube CEO Wojcicki Reportedly Once In Talks To Become Tesla COO
Topline YouTube CEO Susan Wojcicki mulled joining Tesla before taking over Google’s video streaming service, according to an excerpt from a forthcoming book, a surprise revelation between two of the l...
Nvidia, Intel, and AMD are at risk if this big Citi prediction is right
There are at least two things market participants are bearish on as summer draws to a close: Bed Bath & Beyond stock (despite this week’s bounce) and the entire semiconductor space. The clos...
Flow Price Analysis: FLOW is About to Reach at 100-DMA, What Should be Next?
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The EU Vows To Solve Energy Price Problem It Helped To Create
French President Emmanuel Macron (C,L) and Greek Prime minister Kyriakos Mitsotakis (C,R), flanked … [+] by Malta’s Prime Minister Robert Abela (L), European Commission President Ursula vo...
U.S. is headed for ‘whopper of a recession’ in 2023: Professor Hanke
The U.S. economy is headed for much more than just a “technical” recession in 2023, says Steve Hanke. He’s a Professor of Applied Economics at Johns Hopkins University. It’s not entirely about the rat...
Billionaire Steve Cohen Dumps These 2 Stocks; Should You?
Investors are always on the lookout for signals to help make sound investment decisions, and one obvious path to follow is in the footsteps of Wall Street’s most successful stock pickers. Ones such as...
I set up a company with friends. It has sales of $1 million. Two partners hijacked control of the bank accounts, and want to push others out. What can we do?
I went into business with friends operating a night market. We hold big events every two weeks. We started an LLC as equal members, all with a 25% share. Friend A had the idea to do it and said they w...