Commuters arrive at Grand Central station during morning rush hour in New York, Nov. 18, 2021. Jeenah Moon | Bloomberg | Getty Images The U.S. job market posted strong growth and a decline in unemploy...
Category: Finance
Live Finance News Updates.
Long-term unemployment tumbles to its pre-pandemic level
Long-term unemployment tumbled below its pre-pandemic level in July, the U.S. Department of Labor said Friday, as an unexpectedly strong showing of job gains buoyed workers broadly across the economy....
The Secret Reasons Netflix Cancels Shows Like ‘First Kill’
First Kill. (L to R) Imani Lewis as Calliope Burns, Sarah Catherine Hook as Juliette Fairmont in … [+] episode 104 of First Kill. Cr. Courtesy of Netflix © 2022 COURTESY OF NETFLIX First Kill fa...
Why Not To Worry, China Chip Stocks Rally, Week In Review
China Last Night KraneShares Week in Review Asian equities ended a volatile week mostly higher as China released mixed economic data showing that the services economy expanded above expectations while...
Theta Network price crossed a key resistance. Is it a buy?
Theta Network (THETA/USD) price went parabolic on Friday as demand for the coin jumped. It rose to a high of $1.6512, which was the highest level since May 11th of this year. It has risen by over 75% ...
Apollo Launches $15 Billion Equity Fund for High Net-Worth Investors
(Bloomberg) — Apollo Global Management Inc. is launching an equity fund that allows high net-worth individuals to invest alongside the firm as the alternative-asset manager expands beyond its tr...
BitMEX Co-Founder Confronted UK ICO for Holding Back Data
ICO failed to secure personal information rights of Delo, said solicitor Matt Getz. – Crypto derivative firm, BitMEX, is not allowed to operate in the United States -BitMEX co-founders wer...
DappRadar Report Shows First Signs DeFi Recovering From Terra Collapse
DappRadar, the global app store for decentralized applications, released its July Blockchain Industry Report today, revealing that DeFi is starting to recover from Terra’s collapse. While the total no...
Jobs report July 2022: 528,000
Hiring in July was far better than expected, defying multiple other signs that the economic recovery is losing steam, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls rose 528,000 for ...
Rafael Nadal Withdraws From Montreal, Citing Abdominal Injury
LONDON, ENGLAND – JULY 04: Rafael Nadal (ESP) puts on a jacket over a taped up section of his … [+] stomach during day eight of The Championships Wimbledon 2022 at All England Lawn Tennis ...
After Making Money In A Bear Market, David Einhorn Is Shorting Elon Musk With A Long Twitter Bet
David Einhorn’s Greenlight Capital generated a return of 8.4% for the second quarter, bringing its year-to-date return to 13.2% at a time when most other hedge funds are languishing with negativ...
‘I’m all in on Elon Musk’
Tesla Inc (NASDAQ: TSLA) is down roughly 5.0% on Friday even after CEO Elon Musk made a string of positive comments at the annual shareholders meeting last night. Key takeaways from Tesla annual share...
Think You Can’t Afford Long-Term Care? Read This Now
The costs of long-term care for older adults can be significant, and federal Medicare health insurance benefits do not cover most of these costs. Most people who incur costs for long-term care cover t...
LINK fluctuates at $7.74 after a bullish run
The latest Chainlink price analysis shows a massive bullish trend after the bulls reclaimed above the $7.00 level. Resistance for the coin is present at $7.76, However, a break above this level is exp...
Here’s where the jobs are for July 2022 — in one chart
Zoom In IconArrows pointing outwards Bureau of Labor Statistics The U.S. economy added many more jobs than expected last month, and there was an appetite for workers particularly in the service sector...
Speculation Iran Will Swap Drones For Russian Su-35 Fighters
The latest speculation about the future of Russia-Iran defense relations is that Tehran might procure Russian Su-35 Flanker fighter jets in return for supplying Moscow with various types of its indige...
This Is Why We Are Not In A Recession Yet, But It’s Just A Matter Of Time
The market bounce may be short-lived if it thinks that the Fed is going to become less aggressive … [+] anytime soon. (Photo by Bryan R. Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Image...
USD/CAD forecast after the diverging US and Canada jobs data
The USD/CAD forex pair made a strong bullish comeback after the latest US and Canada jobs data. The pair rose to a high of 1.2985, the highest point since July 18th. It has risen by more than 1.8% fro...
Canopy Growth swings to big loss as revenue falls 19%
Canopy Growth Corp. CGC, -8.48% WEED, -6.91% shares fell 6% in premarket trades Friday after the company said it lost C$2.08 billion ($1.61 billion), or $5.23 a share in its fiscal first quarter, comp...
IOTA Price Analysis: IOTA in a Make-or-Break Situation, What Happens Next?
IOTA price has been trading inside a descending triangle pattern over the daily price chart. MIOTA crypto has recovered above 20 and 50 EMA and now prepares for 100 and 200-days Daily Moving Average. ...
Wright v McCormack verdict: Craig Wright Emerges Victorious
It has just been over half a year since Bitcoin creator Craig Wright, more famously known for his pseudonym Satoshi Nakamoto as the author of the Bitcoin whitepaper, won the Kleiman v Wright trial. Du...
Is the economy in a recession? Top economists weigh in
‘We should have an objective definition’ Officially, the NBER defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than...
It Seems Ukraine Is Struggling To Form Tank Brigades
A Ukrainian tank crew in action. Ukrainian army photo The Ukrainian army’s tank brigades are spread thin. That could help to explain why the army’s highly anticipated counteroffensive in southern Ukra...
Stocks Fall Despite Strong Jobs Report As Investors Fear Bigger Fed Rate Hikes
Topline The stock market fell Friday after the U.S. economy added back a better-than-expected 528,000 jobs in July, with investors now anticipating that a strong labor market will keep the Federal Res...
IRBT stock rockets 20% as Amazon agrees to acquire iRobot for $1.7 billion
iRobot (NASDAQ: IRBT) will be acquired by Amazon (NASDAQ: AMZN) for $61/share in an all-cash deal valued at $1.7 billion, with the stock now up over 19% on the news. Once customary closing conditions ...
Is the US dollar index (DXY) a buy after the NFP data?
The US dollar index rose sharply on Friday after the US published a blemish-free non-farm payrolls (NFP) report. The DXY rose by about 1% to $106.76, which was the highest point since Wednesday. It re...
The Ghost In The Machine On 1031 Title Exchanges
Section 1031 of the U.S. tax code allows people who have capital gains from real estate sales to defer tax exposure on those profits. To do so, they must use those profits to purchase a similar proper...
Dragonfly to acquire 1% of the treasury of Lido
The lido community voted for selling 10 million LDO Dragonfly will be acquiring part of the treasury Lido wants to sell a part of its treasury funds to a third party. A crypto investment fund, Dragonf...
MAXUSDT(TRX) Incentive Program, Risk Free Mining Platform
When investing in cryptocurrencies, you may not be aware that there are various options for acquiring assets like Bitcoin and Ethereum. The most typical method is to use currency exchange to pay for t...
Arsenal’s Mikel Arteta Needs To Deliver
LONDON, ENGLAND – DECEMBER 29: Arsenal manager Mikel Arteta of reacts during the Premier League … [+] match between Arsenal FC and Chelsea FC at Emirates Stadium on December 29, 2019 in Lo...
DraftKings shares are up 20% on Friday: this is why
Shares of DraftKings Inc (NASDAQ: DKNG) are close to 20% up on Friday after the sports betting company reported a narrower-than-expected loss for its fiscal second quarter and raised its guidance for ...
BofA Says Take Profit on ‘Bear Rally’ as Stock Outflows Resume
(Bloomberg) — Investors have resumed shunning global stocks in favor of bonds, according to Bank of America Corp. strategists, who say the time is right to step back from US equities after the s...