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Category: Finance
Live Finance News Updates.
Given The Wide Set Of Rate Scenarios, Here’s What The Fed Is Watching In 2022
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a Senate Banking, Housing, and … [+] Urban Affairs Committee hearing in Washington, D.C., U.S., on Thursday, March 3, 2022. Pow...
Anheuser-Busch InBev is trapped below $71. Should investors wait for a buy signal?
Anheuser-Busch InBev (EBR:ABI) has been trapped below MA 200 for extended periods. The crisis in Russia complicates the situation as the company suspends trade in the country. BUD will also be forfeit...
Dealers are desperate to get their hands on your leased car—how you might make that pay off
That car you leased three years ago probably has become a cash cow. But deciding what to do with that equity — and what to drive next — has become confusing. Before the car market was turned upside do...
Remote work shift made new business travel segment
American Express expects remote workers to create new demand for business travel, CEO Steve Squeri told CNBC’s Jim Cramer on Wednesday. “You’re going to have, I believe, a lot more i...
Unilever PLC hit a bottom at $44. Should you take a position now?
Unilever PLC (LON:ULVR) has been declining on news of exiting the Russian market. A protest against Unilever by shareholders who wanted the company to provide information about key food products has a...
Fed ‘fully committed’ to bringing inflation down after interest rate bump
Federal Reserve Chairman Jerome Powell pledged to Americans that the central bank will continue to lever interest rates as much as needed to slow the rapid inflation weighing on the U.S. economy. “I’d...
Chipotle tests robot kitchen assistant named Chippy to make tortilla chips
Chipotle is testing a new autonomous kitchen assistant to handle cooking up one of its core menu items —tortilla chips. The company’s culinary and technology teams are working with Miso Robotics...
Are You Being Gouged At The Pump?
MARSHFIELD, MA – March 14: A Mobile station displays $4.69 for gasoline as a Gulf next door has it … [+] for $3.99 a gallon on March 14, 2022 in Marshfield, Massachusetts. (Photo by Matt S...
BAT is a great stock to hold in economic downturns. Here is why
British American Tobacco Industries PLC (LON:BATS) is a consumer defensive stock fit for investment during the declining phase of the economic cycle. Being a consumer defensive stock means that the pr...
Alibaba makes stunning rebound, surges 37% in one day
Alibaba (BABA) made a stunning rebound on Wednesday, closing 37% higher, its biggest one-day gain since 2014. The move added almost $80 billion to the Chinese e-commerce giant’s market cap in on...
BlockDown: Croatia 2022 calls for Artists in the first NFT-enabled festival
Croatia announces a call for all the digital artists and NFT creators to grab the exclusive opportunity to showcase their talent in this one-of-a-kind festival. BlockDown Croatia 2022 is all set to r...
Roman Bürki Joins St. Louis City SC From BVB In The Summer
Major League Soccer expansion side St. Louis City SC has signed Borussia Dortmund goalkeeper Roman … [+] Bürki (Photo by Martin Rose/Bongarts/Getty Images) Bongarts/Getty Images Major League Soc...
Diageo PLC is a buy at $189, set to test $220 before setting a new high
Diageo PLC (LON:DGE) is a stock to watch. The alcoholic beverages company is one of a few companies that would be able to withstand economic downturns. That is so because Diageo would still attract co...
Dow Jones Futures: Market Rally Flashes Bullish Signal On Fed, China, Russia-Ukraine News; What To Do Now
Dow Jones futures rose slightly late Wednesday, along with S&P 500 futures and Nasdaq futures. The stock market rally had a big day, closing at session highs amid big news from China, the Russia-U...
Who could be in the running
Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks‘ board is searching for the coffee giant’s next CEO after Kevin Johnson announced his plan to retire in April. Former CEO Howard S...
Hollywood’s Nice Guy Steve Guttenberg Talks Turning Nasty And Tackling Horror In ‘Heckle’
Steve Guttenberg attending the 2018 Sarasota Film Festival in Sarasota, Florida. Getty Images for Sarasota Film F Steve Guttenberg is a legend. The actor’s body of work spans movies and TV with a resu...
NFTs are coming to Instagram: ‘the stock is very attractive’
Meta Platforms Inc (NASDAQ: FB) shares are up roughly 5.0% on Wednesday after CEO Mark Zuckerberg said NFTs (non-fungible tokens) were set to debut on Instagram. Instagram to launch NFTs in the near t...
Michael Warren Joins Ripple’s Board of Directors
California-headquartered Ripple Ripple Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XR...
What the Fed Rate Increase Means for Savings Accounts
The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell par...
‘ApeCoin’ tied to Bored Ape NFT ecosystem debuts with planned community airdrop
A long-rumored crypto token tied to the Bored Ape NFT community was unveiled on Wednesday. The debut of ApeCoin ($APE), detailed in a Twitter thread from the official Bored Ape Yacht Club (BAYC) accou...
Green Energy: A solution to Huge Mining Energy Consumption?
Study shows that Bitcoin mining accounts for 0.19% of a carbon footprint on a global level. Bitcoin mining energy consumption has always been a topic of discussion for environment lovers, and it incre...
Stocks making the biggest moves after hours: Lennar, Williams-Sonoma and more
A contractor carries boards through a house under construction at the Lennar Corp. Tree Tops community development in Lancaster, South Carolina, U.S., on Monday, Jan. 8, 2018. Travis Dove | Bloomberg ...
Americans Overwhelmingly Don’t Want U.S. To Risk War With Russia In Aiding Ukraine, Poll Finds
Topline A large majority of Americans want the U.S. to be cautious in its assistance to Ukraine and not take steps that could provoke war with Russia, a new Quinnipiac poll found, as President Joe Bid...
Here’s What May Cost More As Fed Raises Interest Rates
Topline The Federal Reserve on Wednesday raised interest rates for the first time in more than three years in an effort to combat the quickest surge in prices in over 40 years, kicking off a series of...
Kohl’s shares are up 15% on Wednesday: explore why
Kohl’s Corporation shares (NYSE: KSS) are up more than 15% this morning on reports that two new buyers have lined up to bid for the largest U.S. department store chain. Hudson’s Bay, Sycam...
Amazon Stock Looks Primed for Takeoff
Shares of e-commerce and cloud-computing behemoth Amazon (AMZN) have been volatile as of late, following news that the stock is getting a 20-for-1 split. That’s a huge deal that will open the do...
Instagram is launching NFTs, Mark Zuckerberg confirms at SXSW
NFTs are coming to Instagram, said Meta CEO Mark Zuckerberg, according to Engadget. “We’re working on bringing NFTs to Instagram in the near term,” said Zuckerberg at SXSW, where he spoke ...
Netflix adds Volodymyr Zelenskyy’s show ‘Servant of the People’
Servant of the People is once again available on Netflix in The US. The 2015 satirical comedy series stars Volodymyr Zelenskyy playing a teacher who unexpectedly becomes President after a video of him...