President Biden says US is ‘on the right track’ despite the latest GDP decline — here are 3 big reasons why a 2022 recession would be like no other No two recessions are alike. But the pot...
Category: Finance
Live Finance News Updates.
Comadran Studios Obtains a $50M Investment From Gem Digital Limited (“Gem”) And Releases the Play to Earn Game Medabots With the Medamon Token
Paris – New York – Bahamas // GEM Digital Limited is a digital asset investment firm that sources, structures, and invests in utility tokens listed on over 30 CEXs and DEXs globally. This substantial ...
Russia Threatens, EU Reduces, US Industry Helps To Untangle The Natural Gas War In Europe.
The receiving station for the Nord Stream 1 natural gas pipeline near Lubmin, Germany. Getty Images Both oil and gas exported from Russia bring in significant revenue that can be used to support the R...
The Stock Market Is Embracing Inflation Now
Measuring price gains, inflationary or not getty Inflation is not a one-way street to recession. So long as consumers, organizations and governments are receiving income, rising prices are a backdrop ...
Bausch Health stock plummets toward 27-year low after Bloomberg report of unfavorable court ruling
Shares of Bausch Health Companies Inc. BHC, -41.24% suffered a near-record plunge of 50.3% in volatile afternoon trading Thursday before a trading halt, after Bloomberg reported that some of the drug ...
Concept EV, Drive-By-Wire Van Aims To Shake Up Last-Mile Delivery Industry
Proxima battery electric, drive-by-wire concept delivery van during test drive event at the American … [+] Mobility Center, Ypsilanti, Mich., July 27, 2022. Ed Garsten Developers of a new concep...
Senator Joe Manchin just reached a deal with Democrats that includes $369 billion in climate spending — and solar stocks are on fire
Stunning reversal: Senator Joe Manchin just reached a deal with Democrats that includes $369 billion in climate spending — and solar stocks are on fire If you think the stock market’s recent sideways ...
Trucking CEOs expect high prices, demand in second half of 2022
Trucks at the entrance to the Port of Oakland in Oakland, California, US, on Thursday, July 14, 2022. Truckers servicing some of the US’s busiest ports are staging protests as state-level labor ...
PewDiePie Trends On Twitter After Mocking Deaf TikTok Creator
PewDiePie signs copies of his new book “This Book Loves You” at Barnes & Noble Union Square on … [+] October 29, 2015 in New York City. (Photo by John Lamparski/Getty Images) Get...
Jim Cramer warns investors not to miss their window to buy stocks
CNBC’s Jim Cramer on Thursday advised investors to seize the moment and buy some stocks, since the Federal Reserve appears to be nearing the end of its tightening cycle. “When the Fed gets...
D.C. Mayor Requests National Guard Help As Texas And Arizona Bus Migrants To City
Topline D.C. Mayor Muriel Bowser (D) requested an indefinite activation of the D.C. National Guard on Thursday to respond to a migrant surge she labeled a “humanitarian crisis,” a situation caused by ...
US plunges into recession as inflation hammers world’s biggest economy
US President Joe Biden – Brendan Smialowski / AFP Joe Biden has insisted that the US is not in a recession despite after official figures showed the world’s biggest economy had shrunk in two con...
The Graph Price Analysis: GRT Struggles to Escape the Consolidation Phase
The Graph Price has been sideways inside the horizontal range-bound area over the daily chart. GRT crypto is trading above 20 EMA and is still behind 50, 100 and 200-days Daily Moving Average. The pai...
Manchin’s climate turnaround: Climate groups react
U.S. Senator Joe Manchin (D-WV) returns to a basement office meeting with other senators that included Kyrsten Sinema (D-AZ), Jon Tester (D-MT), Tim Kaine (D-VA) and Angus King (I-ME), (not pictured) ...
WNBA Star Sue Bird Sees Growth In Women’s Pro Soccer, Buys Stake In New York-Area Team
WNBA star Sue Bird will play her final regular-season home game in Seattle against the Las Vegas Aces on August 7. Getty Images Sue Bird, nearing retirement, announced she’s buying a minority stake in...
The Countdown to Apple Earnings Is On, Here’s What to Expect
This earnings season comes against a backdrop of all kinds of economic worries and market watchers are keeping a close eye on how the tech giants perform. Leading market participants can shape the sto...
Russell Crowe Film Partially Funded by NFTs Makes Its Debut
A film partially funded by the sale of non-fungible tokens (NFTs) featuring Russell Crowe is making its debut. According to a new report by Yahoo News, Prizefighter, a British-American biopic about le...
Netflix’s ‘Thai Cave Rescue’ Gets September Release Date
Netflix’s ‘Thai Cave Rescue’ will be released on September 22. Sasidis Sasisakulporn Based on the miraculous rescue of Thailand’s Wild Boars youth soccer team in 2018, Netflix’s Thai...
Amazon stock up 15% despite second consecutive quarterly loss
Amazon.com Inc (NASDAQ: AMZN) stock is up 15% in extended trading on Thursday even after the tech giant reported its second consecutive quarterly loss. Amazon Q2 earnings snapshot Lost $2.0 billion th...
Inflation Reduction Act: What to Know About the Democrats’ Latest Economic Package
The bill Sen. Joe Manchin (D-W.Va.) and Majority Leader Chuck Schumer agreed to aims to address climate change, healthcare, taxes, and more. Photo by Kevin Dietsch/Getty Images Text size Build Back Be...
Vaccine Rollout Was Weaker In Greater Black Populations And Rural Areas, Study Finds
Topline Healthcare facilities in U.S. counties with higher Black populations were 32% less likely to offer Covid-19 vaccines than areas with smaller than average Black populations, according to a new ...
How To Calculate Odds Of Winning $1.1 Billion And The Value Of A Mega Millions Ticket
Looks like each $2 ticket is worth $3.60. But it isn’t. Losers (Photo Illustration by Scott Olsons) Getty Images Likely jackpot for the July 29 Mega Millions drawing: $1.1 billion. Odds your ticket wi...
Roku shares crashed 30% in extended trading: find out why
Roku Inc (NASDAQ: ROKU) blamed the much-talked-about advertising slowdown as it reported a loss for its fiscal second quarter on Thursday. Roku shares are down roughly 30% in extended trading. Notable...
Stock market’s post-Fed bounce is a ‘trap,’ warns Morgan Stanley’s Mike Wilson
“‘Ultimately, this will be a trap.’” — Mike Wilson, chief U.S. equity strategist and CIO, Morgan Stanley Morgan Stanley’s Mike Wilson, who correctly called the stock market’s 2022 swoon, isn’t convinc...
Another 75 Basis Point Raise, In Interest Rate By US Fed
The United States Federal Reserve (US Fed), has increased its interest rates by 75 basis points or 0.75%. After the announcement by the US Fed, it became a hot topic of discussion about the coming rec...
Inventory swings dampen Q2 GDP while markets sweat additional tightening
Fears of a US recession were at the forefront this morning with the release of the US GDP data, showing a second consecutive quarterly contraction. This comes amid one of the fastest policy normalizat...
Robinhood Has a New and Powerful Rival
Robinhood (HOOD) – Get Robinhood Markets Inc. Report has something to worry about. The brokerage house, which wants to democratize finance and attract a new generation of investors, is faced w...
Ripple Vs SEC Final Judgement Is Nearer Than We Thought What To Expect
Ripple Labs and two of its officials alleged for trading $1.3 billion US dollars through illegal means. The date of the statement filing date on undeniable facts and motion for summary judgement is ...