. The hotel industry was one of the hardest-hit industries during the coronavirus pandemic. Many U.S. hotels closed, especially luxury hotels. At the height of the pandemic, occupancy was less than 15...
Category: Finance
Live Finance News Updates.
Stephanie Link: SBUX is a buy despite weaker-than-expected Q2
Starbucks Corporation (NASDAQ: SBUX) down 30% from its record high in July 2021 is an “exciting” stock to own right now, says Hightower’s Stephanie Link. Link explains why she likes ...
Robinhood Launches Stock Lending Program
On Wednesday, Robinhood, a major US commission-free stock trading and investing app, announced the official launch of the Stock Lending program. According to a blog post published by the platform, Rob...
These 2 Penny Stocks Can Deliver Over 200% Gains, Says Canaccord
Investors are constantly looking for stocks that will yield massive returns. That being said, finding these stocks can seem like an overwhelming task. Not to mention it can be expensive. Some of the m...
Are Layer Two Fees Still Too High? Vitalik Buterin Thinks So
An Ethereum supporter has recently brought attention to the L2 networks and their fees. Ethereum co-founder Buterin highlights that L2 fees should not be over $0.05. The overall TVL has seen a plunge...
U.S. Secretary of State Blinken tests positive for Covid
Secretary of State Antony Blinken testifies during the Senate Appropriations Subcommittee on State, Foreign Operations, and Related Programs hearing on Capitol Hill in Washington, DC, April 27, 2022, ...
Supreme Court May Soon Overturn Roe V. Wade—Here Are The States With Abortion Protections If It Does
Topline The Supreme Court appears poised to strike down the landmark abortion ruling Roe v. Wade in the coming weeks, according to a draft opinion obtained by Politico—but several states have already ...
Finding Value Stocks Trading At A Discount
. Value investing consists of buying unappreciated or ignored stocks at attractive prices. Value investors seek stocks that are priced attractively relative to some measure of intrinsic worth—for inst...
Here’s why ABNB is a strong buy
The Airbnb (NASDAQ: ABNB) stock price has gone nowhere even after the company published spectacular results this week. The shares are trading at $150, which is a few points above this week’s low of $1...
Bank of America gets fined $10 million for illegally taking payments from customers
The Consumer Financial Protection Bureau (CFPB) said Wednesday it ordered Bank of America Corp. BAC, +4.01% to make a $10 million civil penalty and refund or cancel fees from unlawful garnishments and...
FAA to boost Florida air traffic controllers, work with airlines to avoid disruptions
American Airline planes sit on the tarmac at Miami International Airport (MIA) in Miami, Florida, on February 2, 2022. Daniel Slim | AFP | Getty Images The Federal Aviation Administration said Wednesd...
How This Alternative ‘Beef,’ Made From Fungi, Could Save Rainforests
“Steak” grown from microbes is getting increasingly sophisticated—and could help prevent … [+] deforestation worldwide. The Better Meat Co. Switching out just a fifth of the beef we ...
Marriott CEO on Q1 results: ‘summer is going to be gangbusters’
Marriott International Inc (NASDAQ: MAR) is in the green this morning after the lodging company reported its financial results for the first quarter that handily topped Wall Street expectations. What ...
AMD Crushed It, Lisa Su Crushed It: Here’s How to Trade It
Crushed it! Okay, maybe I’m a little biased. Maybe I’m long Advanced Micro Devices (AMD) . Maybe Lisa Su was already my favorite all-time CEO. Maybe, just maybe, when Advanced Micro Device...
HJHRE Announces HJH Investments’ Q1 2022 Financial Results
May 4, 2022 – Wichita, Kansas HJH REAL Token (HJHRE), a tracking token designed to monitor and derive its value from the profitability of HJH Investments’ real estate portfolio, announced its Q1 2022 ...
Catholic University sued over Judy Garland ‘Wizard of Oz’ dress auction
A lobby card from the film ‘The Wizard Of Oz,’ shows a film still of a scene in which American actress Judy Garland (1922 – 1969) (as Dorothy) wipes tears from the eyes of actor Bert...
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
WASHINGTON — The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point, the most aggressive step yet in its fight against a 40-year high in inflation. “Infla...
As Ukraine Fights For Its Life, Philadelphia Remains Dormant
Port of Philadelphia Canva Just north of Philadelphia International Airport and south of the Philadelphia sports Stadium complex lies the Port of Philadelphia, one of the largest freshwater ports in t...
Dow Jumps 900 Points After Federal Reserve Hikes Interest Rates By Half-Percentage Point
Topline The stock market surged higher on Wednesday after the Federal Reserve raised interest rates by 0.5% in a move widely-anticipated by investors, as the central bank continues on its path of aggr...
Curve DAO Token (CRV) rallies after Terra launches the “4pool” liquidity pool on Curve
Curve DAO Token (CRV) has been in the limelight today and it is on today’s list of top gainers among the top 100 cryptocurrencies. At the time of writing, CRV was trading at $2.38, up 10.38% aft...
AMF Fines a Financial Investment Advisor, Imposes a Ban on Its Manager
The Autorité des Marchés Financiers Enforcement Committee said on Wednesday that it issued a reprimand and imposed a fine of EUR 150,000 on financial investment advisor Auvergne Investissement Hôtels....
Stock Market Mostly Lower Ahead Of Fed Statement; 2 Stocks Plunge More Than 30%
Stock market indexes traded mostly lower ahead of the Federal Reserve’s policy statement this afternoon, while earnings reports sparked some outsize moves. X The Nasdaq composite fell 0.7% while...
Federal Reserve Statement May: Here’s what changed
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on March 16. Text removed from the March state...
TurboTax owner Intuit to pay $141 million to customers
Kimberly White | Getty Images Entertainment | Getty Images Intuit, the owner of popular tax filing software TurboTax, will pay $141 million in restitution to millions of low-income Americans who were ...
Web3 game platform Particle Network raises $1.5M in funding led by LongHash Ventures
Web3-focused venture firm LongHash Ventures has led a $1.5 million pre-seed financing round for Particle Network, a mobile game developer dedicated to advancing the Web3 gaming ecosystem. Per an annou...
At 78, Investor Preps for ‘Biggest Bear Market in My Life’
(Bloomberg) — David Wright knows a thing or two about bear markets. Most Read from Bloomberg His Sierra Tactical All Asset Fund barely lost anything in 2008 as the global financial crisis caused...
HJHRE Announces HJH Investments’ 1Q22 Financial Results
WICHITA, KANSAS, 4th May, 2022, Chainwire HJH REAL Token (HJHRE), a tracking token designed to monitor and derive its value from the profitability of HJH Investments’ real estate portfolio, announced ...
Every Dog Has A Day, But Not Dogecoin As It Sheds 40K Holders
Dogecoin has become the most triumphant memecoin of its time. But like any other digital asset in market, it has received its fair share of hits. This has witnessed faith in memecoin diminished subseq...
Paradigm Shift in Multi-Chain Transactions by Etherspot and LI.FI
May 4, 2022 – London, United Kingdom DeFi is awesome, right? But often it is still very complicated for mere mortals. This is why Etherspot.io and LI.FI teams have created a new primitive – a game-cha...