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...
Category: Finance
Live Finance News Updates.
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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Netflix Drops A Surprise 11th ‘Sandman’ Episode, Two Weeks Later
Sandman Netflix Well this is a weird one. Once fans noticed that clips from apparently unaired stories of The Sandman had gone online, they wondered if we’d be treated to some sort of Sandman Christma...
Federal Reserve governor pumps the brakes on US CBDC in favor of FedNow
A leader at the Federal Reserve is pumping the brakes on speculation surrounding crypto engagement from the regulator. In an August 17 speech, Federal Reserve Governor Michelle Bowman took issue with ...
3M Unit Defends Request to Shield Parent From Mass Earplug Lawsuits
Lawyers representing 3M Co. ’s bankrupt Aearo Technologies LLC subsidiary defended its request to a bankruptcy judge to extend a litigation stay to the parent company to resolve mass earplug lawsuits,...
Minding My Own Black Business (Month)
Black Owned Business, sign outside restaurant, Queens, New york. (Photo by: Lindsey Nicholson/Education Images/Universal Images Group via Getty Images) Education Images/Universal Images Group via Gett...
DAM Finance Closes $1.8 Million Pre-Seed Funding Led by DFG and Jsquare for Cross-Chain, Portfolio-Backed Stablecoin
Miami, Florida, 19th August, 2022, Chainwire dPRIME Asset Modules Finance (”DAM Finance” or “DAM”), a protocol for creating purchasing power from cross-chain token portfolios, is pleased to share that...
What $80 Billion More for the IRS Means for Your Taxes
The last Tax Report came out just as Congress took up the Inflation Reduction Act, and it discussed the bill’s $80 billion in proposed new Internal Revenue Service funding. Over half the new dollars w...
XLM Price Analysis: Stellar bears cause a stir in the market
•XLM/USD is currently priced at $0.12 and has increased by 0.34% over the past day •The trading volumes have increased by 26.23% over the past day •The technical indicators suggest a bearish out...
Iraq Is Facing Difficulties Sustaining Its Russian Military Helicopters
Iraq’s military is reportedly facing significant difficulties sustaining its fleet of Russian-made military helicopters as an indirect result of Russia’s invasion of Ukraine. The latest quarterly repo...
GM jumps after reinstating quarterly dividend and increasing share buybacks
General Motors (NYSE: GM) will bring back dividends, initially cut during the first days of the Covid pandemic to preserve cash; though, this time around, it will be at a much lower rate. The amount ...
GazeTV Launches Phase 2 “Gazer-lization”
Hong Kong, Hong Kong, 19th August, 2022, Chainwire GazeTV announces today the launch of its Phase 2, dubbed “Gazer-lization”, a new phase of the GazeTV project emphasizing peer-to-peer interaction, so...
BofA Says Cash Flooding Into Stocks, Bonds
(Bloomberg) — Investors continued piling into stocks and bonds, dismissing the risk of a more aggressive Federal Reserve as they expect it to ease the pace of rate hikes while inflation pulls ba...
Hackers Minted 1.3B Acala Dollar, The Polkadot Stablecoin
Acala, The Network’s Defi Center Acala Dollar (aUSD), a stablecoin powered by Polkadot, fell to below 10 cents on Sunday as a result of hackers generating 1.3 billion of the tokens for free. Acala, th...
Cosmos (ATOM) Stumbles at $12 Mark to Repeat Negative Trend!
Cosmos blockchain can be considered a gateway to solving future and upcoming networking problems in inter-connected blockchains or different blockchain ecosystems. Cosmos is a popular SDK service prov...
Frasers Group Targets Australia And Builds Up Stake In Hugo Boss
Frasers Group is building its stake in Hugo Boss and wants to acquire MySale in Australia. (Photo by … [+] Karol Serewis/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Get...
C. Hoskinson says he is ‘tired of taking the blame’ over ADA’s delayed upgrades
The Cardano (ADA) blockchain continues to record interest amid increased development activity as the network aspires to take over established competitors like Ethereum (ETH). However, the network has ...
$100M College Whiz Who Scored As Bed Bath And Beyond Squeezed Says He ‘Wasn’t That Aware It Was A Meme’
Jake Freeman, the 20-year-old college student who reportedly banked $100 million trading Bed Bath and Beyond stock, purchased 4.69 million shares of the retailer Bed Bath & Beyond Inc (NASDAQ: BBB...
LTC/USD consolidate near $54.80 amid bearish winds
Litecoin price analysis is bearish as LTC/USD depreciates to the $54.80 mark after a bearish run. The bears have taken over the price charts once again and have pushed the prices below the $54 mark. T...
Cudos Partners With HEALM to Use Its Upcoming AR Experience
Cudos has announced that it has entered into a partnership with HEALM, a multi-planetary metaverse that is scheduled to launch its innovative AR Mobile Application. HEALM will allow its users to earn ...
What are ghost guns? Dealers rush to sell untraceable firearms as crackdown nears
With new federal regulations set to take effect on so-called “ghost guns” next week, businesses that sell the untraceable firearms are racing to offload inventory. The new regulations from...
Small (Oil) Is Not Necessarily Beautiful
AT SEA – FEBRUARY 24: A general view of the BP ETAP (Eastern Trough Area Project) oil platform in … [+] the North Sea on February 24, 2014, around 100 miles east of Aberdeen, Scotland. (Ph...
Last-Mile Delivery War Heats Up As Amazon Rivals Multiply
Last-Mile Delivery War Heats Up As Amazon Rivals Multiply Shutterstock The pandemic may have become yesterday’s crisis, and parking lots may be thrumming with shoppers, but brands and merchants have b...
China Opens Probe on Banks as New Loans Collapse – Trustnodes
China has opened an investigation into the banking sector to determine its exposure to the crashing property market which has fallen another 7% in June. “The China Banking and Insurance Regulatory Com...
Gas prices are dropping across the US. Why now? Which states could hit $3 per gallon?
After the national average for gas surpassed $5 per gallon in June, U.S. drivers are finally finding some relief at the pump. But how low could prices go? A handful of Southern states are inching clos...
Acala recovers 2.97 billion of aUSD stablecoin minted during exploit
Acala, a parachain project on Polkadot, says it has recovered about 2.97 billion from 16 addresses that minted 3 billion Acala USD (aUSD) in a security incident last Sunday. The incident occurred due ...
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Swyftx axes employees amid market downturn 1
Swyftx crypto exchange has announced that it has decided to axe 21% of its employees amid the biting market crash. This phenomenon has continued to overtake the market as most companies look for ways ...
Asia’s Markets Are in Limbo As the Dollar Gains Ground
As economic downturn shadows loomed over Europe on Friday and underlined the improved comparative performance of the U.S. economy, Asian markets had been left in a state of ambiguity. The MSCI’s bigge...