Fantom Coin saw a 10% rally last night after a scary sell-off above the psychological round level of $1.0. Fantom coin is still below the significant moving averages (such as 20,50,100, and 200 MAs) i...
Category: Finance
Live Finance News Updates.
Kohl’s shares jump after report says Hudson’s Bay is considering buyout bid
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s shares jumped nearly 7% Wednesday ...
Hawaiian Airlines Produced An Incredible Hula Documentary—Here’s How
By Jordan P. Kelley, Content Director, Brand Storytelling PepsiCo’s Head of Content Development Allison Polly has never been to Hawaii but ask her now and she swears she’s going to go – all because of...
BMW expects significant earnings growth despite Ukraine war
Shares of BMW AG (ETR: BMW) are up 2.5% on Wednesday after the luxury cars manufacturer expressed confidence that its earnings will rise significantly this year, despite the ongoing war in Ukraine. CE...
XTM Accelerates US Roll Out with Apple Pay and Google Pay
A Miami and Toronto-based financial technology company in the neo-banking space, XTM today announced that it has rolled out Apple Pay and Google Pay to its US Today program users. The roll out will su...
My car requires premium gas. Can I switch to regular gas to save on high gas prices?
With premium gas costing drivers 65 cents more per gallon on average than regular gas as of Tuesday, drivers may be tempted to fill their tanks with regular fuel to save money. But is it a good idea? ...
Kevin O’Leary Says Billions of Institutional Dollars To Enter NFT Sector After Overcoming Three Big Challenges
Famous Shark Tank investor Kevin O’Leary says that blue-chip investors are waiting in the wings with billions of dollars that could see their way into the non-fungible token (NFT) space. In a new vide...
Walmart wants to hire more than 50,000 workers in new-business push
An employee restocks frozen food products at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart said Wednesday that it wants to hire more than 50,000 emp...
Zelensky Calls For Congress To ‘Remember’ 9/11 And Pearl Harbor In Appeal For Further Aid
Follow real-time updates on Russia’s invasion of Ukraine. Ukrainian President Volodymyr Zelensky virtually addresses Congress on Wednesday. POOL/AFP via Getty Images March 16, 2022 9:18 AM EST Z...
This Bank Won’t Be Displaced
Bank sign on glass wall of business center getty I first made Royal Bank of Canada (RY) a Long Idea in April 2018. Since then, the stock is up 43% compared to a 63% gain for the S&P 500. Despite u...
Volkswagen jumps after forecasting earnings’ growth in 2022. Is $255 the next target?
After remaining on a free fall since mid-January 2022, Volkswagen Group stock (ETR:VOW) may have found a bottom at $186. The stock rose more than 5% on Wednesday after the automaker projected higher s...
KuCoin Labs Announces Strategic Investment in MojitoSwap
In an effort to boost the development of KCC’s decentralized ecosystem, KuCoin Labs today announced that it has made a strategic investment in MojitoSwap, the first DEX on the KCC chain. Q4 2021 volum...
Inflation is causing some older Americans to delay retirement plans
As inflation rises, many Americans are shifting life milestones, including retirement. Some 13% of Gen Xers and baby boomers say they have postponed or considered delaying plans to leave the workforce...
Dow Jumps 400 Points As Stocks Continue To Rebound Ahead Of Federal Reserve Decision
Topline The stock market opened higher on Wednesday, adding to gains earlier this week, as investors await the Federal Reserve’s latest monetary policy decision, with the central bank expected to rais...
Silver price forecast ahead of the Fed interest rate decision
Silver price is trading sideways as investors await for the Fed’s interest rate decision later in Wednesday’s session. Russia-Ukraine talks are also at play in financial markets. silver price Fed’s in...
Mizuho Americas Has Recruited Dominic Konstam as Its MD and Head of Macro Strategy
Mizuho Americas announced that it has recruited Dominic Konstam as Managing Director and Head of Macro Strategy. Finance Magnates recently learned in a press release that Dominic Konstam, an executive...
Fed expected to raise interest rates for the first time since 2018
The Federal Reserve is expected to raise short-term interest rates by 0.25%, marking the central bank’s first substantial move to quell high inflation as prices rise at paces not seen in about 4...
Wasabi Wallet’s CoinJoin Will Not Serve Blacklisted UTXOs
The competition among Wasabi and Samourai wallets seethes on The network creates a UTXO every time someone spends bitcoin CoinJoin coordinators are simply message passers However, that ought not to be...
Oil market heads for ‘biggest supply crisis in decades’ with Russia’s exports set to fall, IEA says
Three million barrels per day of Russian oil output is at risk beginning in April as sanctions hit and buyers shun the nation’s exports, the International Energy Agency said Wednesday. “Th...
Behind The Encanto Soundtrack’s Remarkable Rise
The soundtrack to Disney Animation Studios’ Encanto marks its ninth consecutive week as the No. 1 … [+] album DISNEY We may not be talking about Bruno, but we sure are singing his song, along wi...
Changing The Global Climate Conversation In Under Six Months
Standing on decades of leadership as a British politician and impact leader, The Right Honorable Nick Hurd’s next chapter could be his biggest lift. At last year’s G7 Summit, Hurd was named President ...
Northvolt is enhancing its EV batteries production with this investment
Northvolt indicated on Tuesday that it would begin construction of a gigafactory in Germany and anticipates producing the first batteries by 2025. A statement from the Stockholm-based battery producer...
Forex.com Enters Canada with Trading Services
Forex.com, the brokerage brand owned by StoneX Group, announced on Wednesday that it has entered the Canadian market and is offering trading services to customers in the country. Services in the new m...
dWeb Foundation To Build Sub-Level Domain Naming System On Flare
Singapore, SG, 16th March, 2022, The dWeb Foundation has partnered with Flare Network as the next step in their journey towards building a fully-decentralized, permissionless internet built on blockch...
Coinbase NFT Marketplace To Launch “Soon”
Coinbase said that it met hundreds of NFT creators Experts opine that NFT market will eventually surpass that of cryptocurrencies Coinbase NFT has received more than 2.5 million registrations already...
Retail sales February 2022 come up short as inflation puts dent in consumer spending
An Amazon Prime truck pulls away after a delivery in Washington, DC, on February 17, 2022. Nicholas Kamm | AFP | Getty Images Consumers continued to spend in February through at a slower pace than exp...
Wind- And Solar-Powered E-Bike Charging Station Opens For Business On Tyneside
Alexandra Prince and Geoff Wallman on a Power Trip, their off-grid e-bike charging unit, launched at … [+] the Cycle Hub bike shop on Tyneside. Carlton Reid Power Trip, an off-grid e-bike chargi...
Huobi burns 602K Huobi Tokens worth $5.8M
Huobi Global, one of the world’s leading digital asset exchanges, implemented its second Huobi Token (HT/USD) burn program this year, eliminating 602,000 HT tokens from circulation. At current rates, ...