Macro guru Lyn Alden says that stablecoins are currently serving two main use cases in this decade. In a new interview with Anthony Pompliano, Alden says that as a digital representation of currencies...
Category: Finance
Live Finance News Updates.
Estée Lauder May Acquire Tom Ford For $3 Billion, Report Says
Topline Beauty company Estée Lauder Cos. is in talks to buy fashion brand Tom Ford for at least $3 billion, the Wall Street Journal reported Monday, one month after Bloomberg reported the luxury label...
is it still just a bear market rally?
A 9.0% rebound in the benchmark S&P 500 index last month is more than just a bear market rally, says Jim Lebenthal. He’s the Chief Equity Strategist at Cerity Partners. Lebenthal’s remarks on CNBC...
Activision Blizzard to report earnings as games industry hits post-COVID slump
“Call of Duty” maker Activision Blizzard (ATVI) reported its Q2 earnings after the closing bell Monday, beating analysts’ expectations on revenue, but falling short on the bottom line as the ind...
Among The First Wildfire Deaths Of 2022
Topline Two people were found dead inside a car after the McKinney fire, the largest of 2022, scorched swaths of Northern California, the Siskiyou County Sheriff’s Office reported Monday, as many in t...
Las Vegas Raiders Valued At $6.5 Billion In Offer For Minority Stake
Zay Jones of the Las Vegas Raiders celebrates after scoring the game-winning touchdown in overtime to defeat the Baltimore Ravens 33-27 at Allegiant Stadium on September 13, 2021, in Las Vegas. Christ...
Microsoft negs Activision Blizzard to push through $68.7 billion acquisition
Microsoft is taking an interesting approach to secure regulatory approval for its acquisition of Activision Blizzard. In a recent filing spotted by Rock Paper Shotgun, the company told New Zealand’s C...
The Beauty Of Failure: Growth Through Failing
Japanese pottery with the antique Kintsugi restoration technique. getty There is no such thing as failure. For as long as life exists and time continues to be infinite, failure is impossible. There is...
Boeing 787 deliveries could mean a $17 billion windfall: Morgan Stanley
Boeing could be poised to see a big financial boost as it regains the authority to deliver 787 jets. Morgan Stanley Analyst Kristine Liwag estimated that Boeing may realize $17 billion in sales from t...
Americans Are Split Along Party, Age Lines
Topline A narrow majority of Americans support President Joe Biden’s reported plan to forgive $10,000 in federal student loan debt for most borrowers, according to recent polling – though that support...
Terry Gou Has Never Invested In Cryptocurrencies
Fraudsters have been using his images to promote cryptocurrency scams HCM Capital is an investment firm sponsored by Foxconn Only an underground economy would adopt cryptocurrency – Gou Terry Gou, th...
Goldman Sachs CEO David Solomon Weighs In On The State Of America’s Small Businesses, Markets And More
Goldman Sachs CEO David Solomon in Washington, DC. getty It’s less than a day following Goldman Sachs’ second-quarter earnings where the firm beat Wall Street’s expectations off of strong bond trading...
My boyfriend, 68, has almost no ‘mad money’ for fun activities and trips. He lives with his father, 95, and expects to inherit his house. Is it unreasonable to expect him to get a part-time job?
I am a 65-year-old retired woman with modest Social Security and annuity payments. I also own my own home and have savings. I’ve been seeing a 68-year-old retiree since just before the pandemic. He li...
Busan Bank Employee Allegedly Embezzles US$1.1 M
Busan Bank employee embezzled 1.48 billion Korean won That is equivalent to US$1.1 million The employee wanted to invest in BTC A representative in the unfamiliar trade group of South Korea̵...
India Reports First Monkeypox Death As Major U.S. Cities Declare Health Emergency
Topline India reported its first death from monkeypox on Monday, marking the fourth fatality during this outbreak in countries that haven’t previously witnessed it, after both Spain and Brazil confirm...
Williams Shares Cross 5% Yield Mark
In trading on Monday, shares of WilliamsWMB were yielding above the 5% mark based on its quarterly dividend (annualized to $1.7), with the stock changing hands as low as $33.33 on the day. Dividends a...
Target shares have upside to $195: Wells Fargo
Target Corporation (NYSE: TGT) has bounced nearly 20% off its low in mid-June but a Wells Fargo analyst says the stock is still “oversold” and, therefore, worth buying. Target shares could jump anothe...
Royal Caribbean Stock Tumbles on $900 Million Notes Offering
Text size Cruise lines had to to take out significant debt during the pandemic to stay afloat. Pau Barrena/AFP via Getty Images Royal Caribbean Group stock tumbled after the company said it had starte...
Dogecoin price analysis: DOGE breaks $0.69 support, swift drop to $0.065 next?
Dogecoin price analysis is bearish today, as we have seen a steady push lower and a break past $0.069 over the past hours. Therefore, DOGE/USD is now ready to decline even further and look to push tow...
The San Francisco Giants’ Front Office Is Counting The Minutes To Midnight
San Francisco Giants president of baseball operations Farhan Zaidi before a baseball game against … [+] the Arizona Diamondbacks in San Francisco, Tuesday, July 12, 2022. (AP Photo/Jeff Chiu) Co...
Just How Rich Do You Have to Be to Need Wealth Management?
Wealth management services are some of the most high-level and comprehensive financial services that exist. While financial planning services can help with individual financial matters, and asset mana...
Battleships Are Back! Navy Abruptly Boosts DDG/CG Building Targets For 2045
A notional Navy rendering of DDG(X), America’s future super-sized surface combatant. U.S. Navy Battleships are back! In little more than five months, the shape of America’s future Navy fleet cha...
Nikola Buys Romeo Power for 11% of Battery Maker’s SPAC Valuation
(Bloomberg) — Nikola Corp. will acquire Romeo Power Inc. for a sliver of what the battery maker was worth when it merged with a special purpose acquisition company less than two years ago. Most ...
‘Motu Patlu’ Writer Niraj Vikram And His Fascination For Indian Mythology, Culture
Inspired by the yesteryear comics characters from the Hindi comics ‘LotPot’, ‘Motu Patlu’ is one of … [+] the top ranking kids’ shows in India. VOOT Writer Niraj Vi...
Michigan Abortion Ban Can Be Enforced By Local Prosecutors, Court Rules — But Not State
Topline Michigan’s abortion ban from before 1973, when Roe v. Wade was decided, can soon be enforced again by local county prosecutors—but not state prosecutors—an appeals court ruled Monday, giving l...
Far from Putin’s claims of resilience, Russian economy is being hammered by sanctions and exodus of international companies, Yale report finds
Media reports trumpeting the resilience of the Russian economy in the face of the international response to its invasion of neighboring Ukraine are based on misunderstandings that don’t reflect what’s...