Retirement income functions very differently from income during your working years. When you were employed, you probably had a single employer and a single income source. As a retiree, you likely rece...
Category: Finance
Live Finance News Updates.
What possible credit-card legislation could mean for Visa, Mastercard — and you
Credit-card companies look to be under a political microscope once again as senators announced a new bill that would target Visa Inc. and Mastercard Inc. Sen. Dick Durbin, an Illinois Democrat, and Se...
Five9 stock up 7% after announcing second quarter financial results
Five9 (NASDAQ: FIVN) stock rose by 7% after announcing its second quarter financials for the 2022 financial year. The cloud contact center software provider reported total revenue of about $189.4 mill...
Ford is up 5% after announcing its second quarter financials
Ford (NYSE: F) shares rose 5% after the leading auto manufacturer announced better-than-expected second-quarter financial for the 2022 financial year. Ford beats analyst consensus Ford reported an ad...
CoinFlex cuts staff amid plans to reduce costs 1
CoinFlex has announced that it is cutting its workers to eliminate excess costs amid the dwindling crypto market. In a blog post that was culled off the exchange’s official website, the exchange annou...
Chipotle shares up 10% after announcing its financials for the second quarter
Chipotle Mexican Grill (NYSE: CMG) stock went up 10% after announcing its second quarter financials for the year 2022. The fast-food chain known for its Mexican-inspired cuisine beat most analyst esti...
Visa Inc crushes third-quarter financial estimates
Visa (NYSE: V), a global leader in digital payment systems that facilitates payment transactions between merchants, consumers, government entities, and financial institutions across over 200 territori...
S&P 500 index forecast for August 2022
S&P 500 (SPX) advanced approximately 9.1% for July and posted its biggest monthly percentage gain since November 2020. Second-quarter U.S. corporate results have mostly been stronger than expected...
China EV Sales Set To Double As Nio Stock, Xpeng Rally On Subsidy Hope
Xpeng (XPEV), Nio (NIO) and Li Auto (LI) are gearing up to report China EV sales for July before Monday’s U.S. stock market open. Chinese EV giant BYD (BYDDF) also reports July sales in early Au...
Tesla Makes More Money Than GM and Ford
Tesla (TSLA) – Get Tesla Inc. Report is further tightening its grip on the U.S. auto sector. The list of trophies won by the manufacturer of premium electric vehicles continues to grow. Elon M...
Celsius also hit by Customer.io email data breach
An employee at one of Celsius’ vendors leaked a list of customer emails to a “third-party bad actor,” according to the company. The crypto lender said in an email Thursday that it wa...
Russian Gas Pivot Toward China Will Ease Europe’s Energy Crunch
(Bloomberg) — Russia is boosting natural gas shipments to China as it curbs flows to Europe, a dynamic that may offer some respite from the unprecedented rally in energy costs, according to cons...
Filecoin price analysis: FIL rallies to $7.35, gaining 23 percent overnight
The Filecoin price analysis suggests a strong bullish trend for the day. The price has increased tremendously during the last twenty-four hours and has now reached the $7.35 mark. Overall the cryptocu...
What Does Herbert Diess Departure Mean For Volkswagen’s Electric Future?
The recent dismissal of Volkswagen Group CEO Herbert Diess has sent shockwaves through the automotive industry – but particularly amongst those following the rise of electric vehicles. While most othe...
Once Unimaginable, Oil Flirts With Being Top U.S. Export
Significant increases in the price of oil on global markets has propelled both refined petroleum and … [+] oil to leading roles as U.S. exports in 2022. ustradenumbers.com Oil is flirting with b...
Gnox (GNOX) Could Be The Life-Changing Project For Many Investors, Like Fantom (FTM), Cronos (CRO), And Shiba Inu (SHIB)
Cryptocurrencies are widely regarded as trading assets, but along with blockchain, they offer groundbreaking uses in sectors such as personal finance, housing, and energy. With the launch of the Bitco...
Is oil turning ahead of the OPEC+ meeting?
The OPEC+ monthly meeting is scheduled to be held on August 3. Saudi Arabia, Russia, UAE and other oil-producing nations will meet to discuss national production quotas. But don’t hold your breath. Th...
Aurora protocol Aurigami raises $12 million in token rounds
Aurigami, a decentralized finance (DeFi) protocol based on the Aurora network, has raised $12 million in token rounds. Sharing the news exclusively with The Block on Thursday, Aurigami said out of the...
Gareth Bale’s LAFC Defeat Seattle Sounders, Signal Possible MLS Power Shift
Seattle’s Alex Roldan, left, defends LAFC’s Gareth Bale during Friday night’s MLS match in Los … [+] Angeles. Getty Images The Seattle Sounders opened Friday night’s mammoth cl...
Sky Mavis CEO moved funds before disclosing $540 million hack: Bloomberg
Trung Nguyen, co-founder and CEO of Sky Mavis: the studio behind the Axie Infinity blockchain game, moved about $3 million in crypto tokens before the company disclosed details of a $540 million, Bloo...
Georgia Stanway Prepares For ‘Big-Girl Battle’ In Women’s Euro Final
BRIGHTON, ENGLAND – JULY 20: Georgia Stanway of England celebrates after their sides victory during … [+] the UEFA Women’s Euro 2022 Quarter Final match between England and Spain at ...
Boeing Clears Hurdle for Resuming 787 Dreamliner Deliveries
U.S. air-safety regulators signed off on a Boeing plan aimed at addressing problems with the 787 Dreamliner, a major step before the company restarts deliveries of the aircraft, according to people fa...
Procter & Gamble Sounds a Warning After Strong Quarter
Updated July 29, 2022 9:17 pm ET Listen to article (2 minutes) Procter & Gamble maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth in years as consumer belt-tighte...
Markets Face Downside After July Jump: Bridgewater’s Patterson
(Bloomberg) — Investors should stay wary of US stocks and bonds as inflation remains a threat and recession looms, according to Rebecca Patterson, chief investment strategist at Bridgewater Asso...
Is this a bear market rally? S&P 500, Nasdaq, Dow had best month of the year
During July inflation hit a new high, the Fed continued to aggressively raise interest rates, the economy contracted for the second quarter in a row – igniting more fears that a recession is around th...
Volatile Market Works For This Fidelity Fund
Many of the most successful mutual fund managers in this volatile market have something in common. They target stocks they deem capable of consistently paying and raising dividends. John Sheehy, manag...
With Trade Deadline Looming, The Brewers Could Use Offensive Help But Lack An Obvious Spot
Right-hander Freddy Peralta was 3-2 with a 4.48 ERA in eight starts before landing on the IL in May … [+] because of a Teres Major strain in his right shoulder. (Photo by Larry Radloff/Icon Spor...
The ‘Amazon Empire’ Documentary; These 3 Debates From The Film Are Influencing Ecommerce Entrepreneurs
SEATTLE, WA – JUNE 18: Amazon.com founder and CEO Jeff Bezos presents the company’s first … [+] smartphone, the Fire Phone, on June 18, 2014 in Seattle, Washington. The much-anticipa...
In Southern Ukraine, Kyiv’s Artillery Drops Bridges And Isolates A Whole Russian Army
Russian supply dumps burn near Kherson. Photo via social media The 49th Combined Arms Army is the main Russian force in southern Ukraine’s Kherson Oblast. That makes it the Ukrainian army’s main targe...
Get Ready For An Explosion Of Productivity In Biotechnology
plant seeding growing step. concept agriculture getty If biotech follows the same arc of growth as agriculture or computer technology, it could transform the world. For all of our shortcomings, humans...
House Sends Assault Weapons Ban To Senate—Where It’s Likely To Fail
Topline The House of Representatives passed an assault weapons ban Friday just before the summer recess, though it’s expected to be purely symbolic, as it has little chance of passing the Senate. Hous...