Warren Buffett is right to be devouring shares of oil giant Occidental Petroleum (OXY), says one long-time oil markets strategist. The billionaire investor’s Berkshire Hathaway (BRK-A, BRK-B) sc...
Category: Finance
Live Finance News Updates.
BBC pulls a documentary as doubts emerge over trader who turned $50 into $8M
BBC withdrew the show without any further comments The BBC documentary focused on a 20 year-old crypto trader The trader apparently turned $50 into $8 million The BBC has pulled a narrative zeroed in ...
The Fed Should Stop Targeting Prices
Blind businessman holding a dart. getty For the first time in more than three years, the Federal Reserve has raised its interest rate target, a move that it has been telegraphing since late 2021. Desp...
Devon Energy, SolarEdge Are Best, Worst S&P 500 Performers Today
Shale energy play Devon Energy (DVN) shot up 9.6%, making DVN stock the top-performing S&P 500 stock on Thursday. U.S. crude energy prices leapt 8.4%, rebounding back above $100 a barrel. SolarEdg...
COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics
Athletes and support staff at the Beijing Olympics have the option of using digital currency for payments Limiting the number of spectators may result in fewer people testing the digital yuan as a met...
The IRS sent more than 45 million refunds. This is the average payment
Bill Oxford | E+ | Getty Images The IRS has issued more than 45 million tax refunds worth almost $152 billion in total, as of March 11, the agency reported Friday. Nearly half of Americans expect refu...
‘The Lost City’ Is A Charming Rom-Com Adventure
The Lost City poster Paramount The Lost City (2022) 112 minutes rated PG-13 opening theatrically on March 25 The Lost City, which is getting a sneak preview tomorrow night (and handful of pre-release ...
Alibaba stock recovers 35%: is it too late to buy?
JPMorgan dubbed Alibaba Group Holding Ltd (NYSE: BABA) as “uninvestable” earlier this week. Interestingly, however, shares of the Chinese tech giant have shot up about 35% ever since. Alib...
All of the companies still doing business in Russia
Nearly 30 companies are “digging in,” defying public demands to exit Russia or reduce their activities in the pariah state, according to a list kept by a professor with the Yale School of ...
Modulr and Ripple partner to enable seamless payments into the UK and Europe
Trust Payments is the first customer to go live They aim to make transactions more reliable and cost-effective People in UK and Europe will be able to use these benefits Modulr reported an organizatio...
Tesla’s Elon Musk Is Working On Master Plan 3. The Stock Is Jumping.
Text size Elon Musk. Jim Watson/AFP via Getty Images A Thursday tweet from Tesla CEO Elon Musk seems to be helping the stock. All it says is “working on Master Plan Part 3,” but people who follow the ...
Multinationals Continuing Sales In Russia Under Mounting Pressure To Take Stronger Action
Topline Many multinational companies have distanced themselves from Russia following its invasion of Ukraine, but those continuing to do business in the country are increasingly facing a backlash on s...
What The Fed Lifting Interest Rates Means For The Markets
Getty Images Key Takeaways Inflation hits highest levels in 40 years The Fed lifts interest rates Markets perform well despite news of rate hikes On Wednesday, the Federal Reserve announced that it wi...
A 50-bps rate hike at the next FOMC meeting is on the cards
The U.S. central bank raised rates by 25 basis points this week, but it should consider being more aggressive at its next meetings, says Fed Governor Christopher Waller. Waller’s year-end target...
Institutional investors have helped growth of cryptocurrencies
Cryptocurrencies have thrived in an environment of stiff competition due to institutional players Inflation hedge and diversification seems to be the key points for large investors Global macro unce...
US Senator Elizabeth Warren Introduces Bill That Could Ban Exchanges From Working With Russian Wallets
US Senator Elizabeth Warren is introducing a new bill enabling the Treasury Department to ban exchanges from facilitating transactions for Russian crypto wallets. The bill also would require President...
Pfizer CEO Albert Bourla received $24.3 million in total compensation for 2021
Pfizer CEO Albert Bourla addresses a press conference after a visit to oversee the production of the Pfizer-BioNtech COVID-19 vaccine at the factory of U.S. pharmaceutical company Pfizer in Puurs, Bel...
Bahrain’s Critics Push ‘Sports-Washing’ Claim Ahead Of Start Of Formula 1 Season
Lewis Hamilton of Mercedes AMG Petronas after winning the F1 Grand Prix of Spain at Circuit de … [+] Barcelona-Catalunya on May 09, 2021 in Barcelona, Spain. (Photo by Dan Istitene – Formu...
Analysts Reveal Their Top Stock Picks To Beat Stagflation And Outperform Choppy Markets
Topline Stocks have had one of their worst starts to the year in history amid the looming threat of stagflation—persistently high inflation coupled with stagnant economic growth, but analysts say it’s...
Is GALA buy opportunity after the current dip?
GALA/USD has weakened from $0.84 to $0.15 since November 26, 2021, and the current price stands at $0.22. The risk of further decline still persists, and if you decide to buy this cryptocurrency in t...
Tesla CEO Elon Musk Is Working On Master Plan 3. Investors Are Excited.
Text size Elon Musk. Jim Watson/AFP via Getty Images A Thursday tweet from Tesla CEO Elon Musk seems to be helping the stock. All it says is “working on Master Plan Part 3,” but people who follow the ...
ClearBank raises $229 million marking expansion push
Banking platform ClearBank said on Tuesday that it had raised $229 million, marking its push to expand internationally. The ‘bank of banks,’ which has partnered with crypto giants such as Coinbase an...
TIME releases a magazine as an NFT featuring Vitalik Buterin
TL;DR Breakdown TIME magazine is scheduled to release the first-ever complete NFT issue. Vitalik Buterin stands as the cover for the March issue. The NFT Magazine cover story appears as: The Prince of...
Stocks making the biggest moves midday: GameStop, Tesla and more
Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading Fri...
Nvidia Spring 2022 GTC Is Back With More Than 50 Free Automotive Sessions
Nvidia CEO Jensen Huang delivers the spring 2021 Nvidia GTC keynote at least partially from a … [+] virtual version of his kitchen Nvidia Nvidia’s spring GPU Technology Conference (GTC) is back ...
Parallel Finance just launched six DeFi products on Heiko
Parallel Finance, an institutional-grade lending protocol and the DeFi parachain hub of major platforms Polkadot and Kusama, has launched a suite of six new DeFi products. The products have all been u...
Truffle NFTs: Giant Truffle will be Sold as a Non-Fungible Token
Consumable NFTs are the same old thing in this wild blockchain outskirts The NFT can demonstrate the legitimacy of the organisms delicacy Numerous popular cafés have sent off tokens to advance their f...