JP Morgan CEO Jamie Dimon sent shockwaves through markets and C-suites on Wednesday in a free-wheeling interview at an investment banking conference. Speaking at a conference sponsored by AllianceBern...
Category: Finance
Live Finance News Updates.
Senators Propose Major Changes To Student Loan Forgiveness
Secretary of Education Miguel Cardona (Photo by Win McNamee/Getty Images) Getty Images Two U.S. senators have proposed major changes to student loan forgiveness. Here’s what you need to know — and wha...
Dogecoin founder slams every token on the Binance Smart Chain as “garbage”
The co-founder of meme cryptocurrency Dogecoin (DOGE), Billy Markus, has extended his criticism of several digital currency projects, with Binance Smart Chain (BSC) being his latest target. Through h...
Biden administration to cancel $5.8 billion in single largest student loan forgiveness effort ever
The U.S. Department of Education announced Wednesday that it will forgive all remaining debt for over half a million borrowers who attended and were defrauded by any campus owned or operated by Corint...
Kava Price analysis: KAVA tumbled near 50 EMA Line during short-covering Momentum
The KAVA token eventually recovered above the $3.0 mark, but failed to manage costs above it. KAVA price again remains below the 20 and 50-day exponential moving averages throughout the duration of th...
Forget NFTs, these sneakers can deliver ridiculous returns
Sneakers are in high demand among sneakerheads but also among investors alike, bringing in a higher return on investment (ROI) than non-fungible tokens (NFTs) which saw global NFT trading volume grows...
Tim Frost believes LUNA pump shows fighting spirit of investors
The original Terra Chain has been renamed Terra Classic (LUNC), and Terra has been relaunched as Terra 2.0 (LUNA). This happened after developers behind the defunct stablecoin TerraUSD decided last we...
Oil Stocks Among Global Growth Stocks To Watch On IBD’s Screen Of The Day
Today’s IBD Screen Of The Day focuses on the Global Leaders list of the IBD Stock Screener, which includes a few oil stocks, biotechs and more. The screen looks for foreign-based companies with ...
New England Patriots Rookie Tyquan Thornton Hopes To Balance Skinny Frame With Strong Game
The New England Patriots selected former Baylor wide receiver Tyquan Thornton at No. 50 overall in … [+] the 2022 NFL draft. (AP Photo/Michael Dwyer) ASSOCIATED PRESS The average weight among th...
Here’s How The Stock Market Performs During Economic Recessions
The Fed’s rate-hiking campaign is sparking recession fears as investors worry about where to invest their money during a downturn. Getty Images The stock market has had its worst start to a year...
Stablecoin supplies drop $30 billion in a month marking the steepest fall in history
After sending ripples across the cryptocurrency market, the collapse of Terraform Labs’ native token Terra (LUNA) and its stablecoin TerraUSD (UST) has also made its impact felt throughout the stablec...
Mark Avallone: ‘we don’t want to abandon growth right now’
The global economy is headed for slower growth, which warrants sticking to the tech names, says Potomac Wealth Advisors’ Mark Avallone. Avallone remains positive on the growth names The tech-hea...
Lululemon’s Earnings Are Thursday. Here’s What to Expect.
Text size A Lululemon store in Hong Kong. Dreamstime Lululemon athletica could regain some ground lost in the recent retail selloff if the one-time pandemic winner delivers good news as it reports its...
Dogecoin price analysis: DOGE moves towards bearish dynamics at $0.0810
Dogecoin price analysis reveals the market to enter a complete bearish movement showing massive room for further hostile activity. DOGE/USD cost of the meme cryptocurrency had experienced a significan...
Sequoia & a16z Backed Loom Fires Its 34 Employees: Here’s Why
Loom, an enterprise video messaging service, has fired 14% of its total staff or 34 employees. Individuals from the product and people operations are affected. The firm has confirmed the news of the ...
Not So Fast – Switzerland Will Have Another Referendum on the F-35
A Lockheed Martin F-35 Lightning II fighter jet takes off at the Payerne Air Base during flight and … [+] ground tests, as Switzerland is looking for a new fighter jet to replace its aging fleet...
Hiring Has Slowed Across All Industries, ADP Reveals In Worst Private Jobs Report Since 2020
Topline As looming interest rate hikes fuel uncertainty over the economic recovery, private U.S. employers posted their worst monthly job growth in more than two years on Thursday, according to payrol...
Smead Capital’s CIO says global economy is beginning to look like in 1970s; Here’s why
Bill Smead, Smead Capital’s Chief Investment Officer, is well-known for his down-to-earth demeanor and the value funds his company offers, with roughly over 10%, since their inception. However, speak...
Avalanche Offers Subnet Support to StepApp
On June 1, StepApp announced its integration with one of the subnets on the AVAX network. With a bespoke network and validator support from the Avalanche ecosystem, the fitness app expects to enhance ...
World’s Biggest Solar Plant To Decarbonize Aluminum Industry In Saudi Arabia
The Saudi Arabian Mining Company will buy industrial solar-generated steam from GlassPoint. GlassPoint Saudi Arabia will host the world’s biggest solar thermal plant. The facility will generate steam ...
Beware The GAAP Gap In S&P 500 Earnings
CHICAGO – MARCH 18: Traders signal offers in the Standard & Poors 500 stock index futures pit at … [+] the CME Group March 18, 2009 in Chicago, Illinois. The index rallied after the Fe...
Starboundpad And Its Private Sale Launch – Everything To Know About The Cardano Based Project Accelerator
Last Updated on Jun 2, 2022 at 15:48 Starboundpad.com IDO Launchpad is a decentralized accelerator and swapping platform, connecting early-stage Cardano innovators and projects with our community of d...
Terra Luna 2.0 Price Hovers at the $6 Level, Terraswap Live on New Chain » NullTX
With Bitcoin and Ethereum struggling to hold current support levels, Terra Luna continues to trade sideways, down 10% in the past 24 hours but hovering above the $6 support level. More applications ar...
Compound Price Prediction 2022-2030: Is COMP a Buy?
Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications. Compound is managed by a decentralized community of COMP token-...
Former Bank Of England Fintech Head Joins Fireblocks To Lead CBDC Steps
Fireblocks has welcomed Varun Paul as their newest team member, as its first director of CBDC and market infrastructure. Paul has earlier served at the UK’s central bank for approximately 14 years an...
OPEC+ Shouldn’t Kick Russia Out Of The Group
Vienna, AUSTRIA: The headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in … [+] Vienna. AFP PHOTO/JAKUB SUKUP (Photo credit should read JAKUB SUKUP/AFP via Getty Image...
ChainLink price analysis: LINK lost value at $7 after strong bearish run
Chainlink price analysis for 2 June 2022 illustrates the market is following a partial bullish movement. The price of Chainlink has declined significantly over the past few hours; however, the trend h...
Fed Paper Sheds Light On Possible Impacts Of CBDCs On US Monetary Policy
The US has been giving constant thought to the Central Bank Digital Currency (CBDC) for quite some time now. The US Federal Reserve has released the latest study on the potential impacts of a re...
Chiliz Consolidates After the Fall; Will CHZ Price Move Up?
CHZ presents itself as the native token of sports-focused crypto blockchain. Instead of launching an Initial Coin Offering, Chiliz offered a Fan Token Offering or FTO. It works as the internal currenc...
Four Day Celebration Marking Queen’s 70-Year Reign Begins In The U.K.
Topline The U.K. on Thursday began its four-day celebration to mark Queen Elizabeth II’s Platinum Jubilee with a military parade and a gathering of large crowds in central London as the 96-year-old mo...