Warren Buffett’s Berkshire Hathaway has bought 136.4 million shares of Occidental Petroleum worth $7.9 billion in the last three weeks. WireImage Oil prices have soared in the last month, as any...
Category: Finance
Live Finance News Updates.
What Is Staking and Why You Should Stake LIFT
“Don’t work for money. Put your money to work for you,” they say. But how? In the crypto world, there are multiple ways you can generate passive income. The most popular one is, obviously, staking. ...
Ghana’s CBDC eCedi: Inclusivity, A Primary Factor
The West African country Ghana has recently signified its plans on the Central Bank Digital Currency (CBDC), as the Central Bank presented a design paper. The motives include an amalgamation of factor...
An Upscale Coffee Lounge El Condor Opens In Manhattan’s West Village With More To Come
The upscale El Condor coffee shop, located in Manhattan’s West Village, looks like a hotel lounge, … [+] and there are more on the way. Courtesy of El Condor When a patron enters El Condor on Gr...
Where to buy ApeCoin (APE), a new cryptocurrency launched by Bored Ape Yacht Club
A new cryptocurrency by the name of ApeCoin (APE) is making headlines today following its 1516.93% price surge according to data from CoinMarketCap. Today’s price surge makes ApeCoin (APE) the second-...
Vanguard Adds $12B On Volatile Fed Hike Day
On a whipsaw day where the S&P 500 crossed the 0% intraday mark six times and the Federal Reserve raised rates for the first time since the start of the COVID-19 pandemic, approximately two-thirds...
Obama’s Former Senior Advisor Michael Warren joins Ripple’s Board of Directors
Ripple has taken another move for the organisation’s growth by appointing Michael Warren, who has significant experience in financial services, international business and government policy. At a...
Fed Governor Waller says half-point rate hikes could be needed as ‘inflation is raging’
Federal Reserve Governor Christopher Waller told CNBC on Friday that the central bank may need to enact one or more 50-basis-point interest rate hikes this year to tame inflation. Though he voted this...
Top Asian Film Markets Wrap Up Project Funding And Sales
The Hong Kong – Asia Film Financing Forum handed out 14 prizes to new film projects. Courtesy of HAF The Hong Kong-Asia Film Financing Forum (HAF) wrapped up its 20th edition this week, alongsid...
Fed’s Powell sees the light — and turns far more hawkish than expected
After remaining stubbornly dovish last year, Federal Reserve Chairman Jerome Powell on Wednesday jumped the central bank squarely into the hawkish camp at his press conference on Wednesday. “The March...
MATIC prices fail to gain momentum, prices set to lows of $1.45
TL;DR Breakdown Today’s Polygon price analysis shows a bearish trend The support level for MATIC is present at $1.43 The resistance for MATIC/USD is seen at $1.50 Polygon price analysis shows that MAT...
Cosmos based Juno: Proposal 16, The Momentous Move And The Complexities
A large holder or whale was accused of manipulating the airdrop for October on the Cosmos based Juno Blockchain. This resulted in the community’s one-of-a-kind move to vote and alter the f...
IEA’s plan to cut oil use
Cyclists photographed in Lisbon, Portugal, in October 2018. Kamisoka | Istock Unreleased | Getty Images Speed limits on highways should be cut by at least 10 kilometers per hour (6.2 mph) to help lowe...
After Erbil Attack, Will The U.S. Supply Iraq With Missile Defense Systems?
Early Mar. 13, Iran fired 12 long-range ballistic missiles into the autonomous Iraqi Kurdish capital Erbil. The missiles crashed in a residential area, causing some notable property damage, including ...
Here is why Accenture’s shares are trending
Accenture (NYSE: ACN) is up 3% after announcing Q2 2022 earnings that topped its earnings estimates and provided upbeat guidance for Q3 2022. CEO Julie Sweet said: Our outstanding second-quarter finan...
Ripple Plans to Accelerate XRP Ledger Development
In a major effort to increase developments on the XRP Ledger (XRPL), blockchain firm Ripple recently announced that it has committed 1 billion XRP. In addition to the development, the recent initiativ...
Why $100 OIl Is Different This Time Around
Despite the correction this week, global oil prices remain through the roof, and the global push to move away from fossil fuels seems to be reversing its course as the global economy reverberates from...
FedEx, GameStop, Moderna and more
Check out the companies making headlines before the bell: FedEx (FDX) – FedEx earned an adjusted $4.59 per share for its latest quarter, missing estimates by 5 cents, though the delivery service’...
The Russian Army is Running Out Of Trucks For its War In Ukraine
Civilian trucks on a Russian train heading for Ukraine. TikTok capture via Twitter-user @raging545 The Russian army never had enough trucks to sustain a fast-moving invasion force in Ukraine. The prob...
Ripple allocates 1 billion XRP for developer grants
Ripple, a leading cryptocurrency payments firm, has set aside 1 billion XRP tokens to support its grant program. The program seeks to provide financial support to upcoming developers on the open-sourc...
The Market Rose on the Fed’s Rate Hikes. What It Might Be Missing.
Text size Fed Chair Jerome Powell told reporters Wednesday the central bank had the tools to bring inflation down. Photographer: Julia Nikhinson/Bloomberg It may not rank with the “whatever it takes” ...
Snoop Dogg NFT avatars is a grand collection
Snoop Dogg NFT is a collection of some thrilling avatars that are fully playable in game. The collectibles with the funky music from the Snoop Dogg concert is lingering in the minds of fans. Notably, ...
EV mechanic Carl Medlock found a niche fixing Teslas
There’s an opportunity for entrepreneurs in the electric vehicle market. Electric vehicles are sweeping the auto industry, and while all the attention is directed at flashy car unveilings and au...
Jimmie Johnson Expects Major Improvement In His First IndyCar Oval Race At Texas Motor Speedway
Jimmie Johnson is ready for his first IndyCar oval race INDYCAR Photo When Jimmie Johnson climbs into the No. 48 Carvana/American Legion Honda for Sunday’s XPEL 375 NTT IndyCar Series race at Texas Mo...
Coinbase adds wallet support for SOL and Solana-based tokens
Coinbase, a leading US-based exchange, has announced the support for Solana (SOL/USD) and Solana-based tokens. This move comes shortly after Coinbase announced the launch of a Coinbase Pay feature to ...
UP Fintech Turns Losses in Q4 despite 32% Revenue Jump
UP Fintech (Nasdaq: TIGR), which operates the broker brand TigerBrokers, reported a 31.7 percent year-over-year jump in fourth-quarter revenue that touched $62.2 million. It also came in higher from t...
U.S. Steel’s Earnings Forecast Disappoints as Prices Fall From Last Year
(Bloomberg) — U.S. Steel Corp. shares slumped after its earnings outlook fell short of analyst expectations, amid softer early-year demand and prices that have slipped from last year’s highs. Mo...
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St. Louis Fed’s Bullard says the central bank should raise rates above 3% this year
James Bullard David Orrell | CNBC St. Louis Fed President James Bullard said Friday he thinks the central bank should raise interest rates the equivalent of 12 times this year to convince the public i...