U.S. President Joe Biden gestures as he delivers remarks on the Inflation Reduction Act of 2022 at the White House in Washington, July 28, 2022. Elizabeth Frantz | Reuters The new 1% excise tax on cor...
Category: Finance
Live Finance News Updates.
Apple Security Flaw Could Let Hackers Control iPhones, iPads And Macs—What You Need Know And How To Fix It
Topline Apple has warned of serious security flaws for iPhones, iPads and Macs that could allow hackers to take complete control of devices and may have been “actively exploited,” urging customers to ...
Tether’s total assets fell by over $15B in Q2: report
Tether’s total assets as of the end of the last quarter stood around $66.4 billion, the USDT issuer said in its latest quarterly assurance report. The stablecoin issuer, whose USDT token is the larges...
Top tweets of the day – August 19th
BAYC liquidations appear imminent Looks like we are going to start to see the #BAYC liqs Which I knew nothing about until today after reading a thread and becoming an expert and I know nothing a...
China issues first national drought emergency scorching temperatures
The Jialing River bed at the confluence with the Yangtze River is exposed due to drought on August 18, 2022 in Chongqing, China. Vcg | Getty Images China issued its first drought emergency this year a...
Jennette McCurdy Reacts To The ‘Overwhelming’ Response To Her New Bestselling Memoir ‘I’m Glad My Mom Died’
Jennette McCurdy Brian Kimsley/Simon & Schuster Whether you followed her rise to stardom as a young comedy actor or not, Jennette McCurdy has defiantly overcome the many hardships put in her path ...
Cineworld Shares Plunge More Than 50% After Report Of Looming Bankruptcy, AMC Falls
Topline The world’s second largest movie theater chain and owner of Regal Cinemas, UK-based Cineworld Group, saw its stock plunge over 60% on Friday after The Wall Street Journal reported that the com...
General Motors reinstates dividend and boosts share repurchase
General Motors Company (NYSE: GM) is in the green this morning after the legacy automaker reinstated its quarterly cash dividend and announced an upsized stock buyback programme. GM to buyback $5.0 bi...
TheStreet’s Doug Kass: Don’t Be Fooled by Stock Rally
The stock rebound since mid-June has turned some investors bullish on the market. Doug Kass, a columnist for TheStreet.com’s Real Money Pro, isn’t one of them. “The swiftness and size of the rise in ...
How Significant Recovery of Acala’s Stolen 3 Billion aUSD?
On August 14th, 2022, decentralized finance network Acala got under a digital attack. During the attack, the hacker entered the ecosystem and started minting tonnes of its native stablecoin aUSD. Afte...
Inflation peaking? 10 common consumer items where prices are falling
A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images July’s consumer price index report finally showed a sign of potential relief...
Bed Bath & Beyond, Foot Locker and more
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading. Foot Locker — The retail stock surged more than 20% after it appointed former Ulta Beauty hea...
Director Han Jae-Rim Honors Acts Of Bravery In ‘Emergency Declaration’
Song Kang-ho plays a detective trying to save the plane his wife is flying on. Well Go USA Disaster films are very interesting, said Han Jae-rim, director of the Korean box office hit Emergency Declar...
Massive Short Squeeze Behind Stock Rally Showing Signs of Ending
(Bloomberg) — One big force at the center of the two-month equity rally is showing signs of fatigue. It’s the behavior of short sellers, whose frantic efforts to unwind bearish wagers created bu...
Re: My Opinion on the Acrimonious Divorce Between Next Earth’s Current CEO, Gabor, and Former CMO, Yann
Taking on establishments is never an easy task. That is why most people don’t bother, except for a handful of individuals with the resources and connections to go head-to-head with these multinational...
AI Ethics Wary About Worsening Of AI Asymmetry Amid Humans Getting The Short End Of The Stick
AI Asymmetry is getting larger and one controversial solution seems to be arming more with AI in a … [+] fight fire-with-fire uneasy approach. getty Sometimes you are on the wrong end of the sti...
Foot Locker stock is up 25% on Friday: find out why
Foot Locker Inc (NYSE: FL) is up 25% on Friday after the footwear and apparel retailer reported better-than-expected profit for its fiscal second quarter. Foot Locker Q2 financial highlights Earned $9...
Hedge funds pile up $125 billion bet against the S&P 500’s big summer rally
A more than $125 billion institutional short position has been building up against the U.S. stock market, driven by hedge funds, according to BNP Paribas. Futures contract data points to a sharp incre...
Chainlink price analysis: Bearish spell sets LINK prices trading at $7.07
Recent market action for Chainlink price analysis appears to be bearish as prices have fallen below key support levels. The price of LINK is currently trading at $7.07 and appears to be headed towards...
Cineworld shares plummet more than 60% on bankruptcy reports
Cineworld, which operates 9,000 theatres in 10 countries, has warned that a lack of blockbusters is hurting admissions. Geography Photos | Universal Images Group | Getty Images LONDON — Shares of Brit...
Udonis Haslem Partners With FTX To Support Local Businesses
19-year NBA veteran Udonis Haslem partnered with FTX to award two $50,000 small-business grants … [+] earlier this week. Photo courtesy of the Udonis Haslem Foundation Earlier this week, Miami H...
How Have IPOs Performed So Far In 2022?
Are you considering investing in IPOs to get in on the ground floor as an investor? We look at how … [+] IPOs have performed so far in 2022 so that you know what to expect and what to watch out ...
E-commerce giant MercadoLibre launches its own cryptocurrency for Brazil customers
Despite volatility and bleak warnings about its future, the cryptocurrency sector is growing, with new coins appearing every day, including one by South American e-commerce company MercadoLibre, whose...
US Mortgage Lenders Are Starting to Go Broke
(Bloomberg) — The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of failures that’s coming could be the worst since the h...
How Dogecoin, Shiba Inu whales “perfectly foreshadowed” the current dump
The two largest meme cryptocurrencies, Dogecoin and Shiba Inu, are currently facing a heavy price correction alongside bitcoin and major altcoin. The retracements come just days after both tokens reco...
XRP Price Analysis: Bears steer clear as Ripple bulls are found lagging
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Here’s why HBO Max is pulling dozens of films and TV series
Warner Bros. Discovery‘s HBO Max is removing 36 movies and TV series from its platform. There are three main reasons why it’s happening. The films and series − which include 20 original HB...
Indiana Pacers Add To Training Camp Roster By Signing Deividas Sirvydis
DETROIT, MICHIGAN – MAY 14: Deividas Sirvydis #91 of the Detroit Pistons looks on against the Denver … [+] Nuggets during the third quarter of the NBA game at Little Caesars Arena on May 1...
Home Depot Stock Gains On $15 Billion Buyback; Decker New Chairman
Updated at 9:41 am EST Home Depot (HD) shares edged higher Friday after the home improvement retailer unveiled a new $15 billion share buyback program, held its dividend in place and named new CEO T...
ICP Price Analysis: Losing spree continues as Internet Computer takes a huge hit
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