The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing economic growth. After keepi...
Category: Finance
Live Finance News Updates.
Another Wave In The Supply Chain Crisis Hits As New China Lock Downs And Ukraine Threaten Global Supply
“The entire supply chain is under tremendous stress right now. We’re dealing with a cascade of … [+] disruptions which is adding stress beyond what it’s already under,” says Abe Eshkenazi, Assoc...
USD/TRY signal and the CBRT interest rate decision preview
The USD/TRY pair has been in a bullish trend in the past few weeks as demand for the Turkish lira fades. The pair is trading at 14.68, which is about 43% above the lowest level this year. It is slight...
CySEC Calls for Views on Establishing a Regulatory Sandbox
The Cyprus Securities and Exchange Commission (CySEC) announced on Wednesday that it’s currently seeking feedback to expand its innovation-related work. That’s why the regulator launched cal for views...
Chinese Stocks Roar As Regulation Fears Ease
Chinese stocks surged Wednesday to their best day since 2008 as government officials signaled their regulatory crackdown could end soon. X Alibaba (BABA), JD.com (JD), Baidu (BIDU) and other Chinese s...
Dr. Disrespect “Disallowed” By Twitch, Releases Gaming NFTs On Polygon Network
Youtuber and rival of iFerg, Dr. Disrespect is launching 10,000 NFTs titled “Founders Access” for early community members. This declaration comes just after Dr. Disrespect made tweet regarding his ban...
Aerovironment, Alibaba, Boeing and more
Alibaba’s headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Alibaba, JD.com, Pinduod...
Injured Fox News Correspondent Benjamin Hall Is ‘Alert’ And Has Left Ukraine
Topline Benjamin Hall, a Fox News correspondent who was “seriously” injured in Ukraine Monday while reporting on Russia’s invasion of the country, is now “safe and out of Ukraine,” Fox News Media CEO ...
Saudi Arabia & China in talks over yuan-denominated oil contracts, petrodollar under threat?
Saudi Arabia are again in talks with Beijing to launch yuan-denominated oil contracts, in yet another episode bound to shake up the geopolitical climate and one that could have serious implications fo...
Regulators Looking to Tighten Sanctions
As Russia’s invasion of Ukraine has sustained over recent weeks, there’s been much talk over the role that crypto is playing on both sides. On the one hand, crypto has provided a lifeline ...
Starbucks getting rid of disposable cups is not why this analyst upgraded the stock
Starbucks (SBUX) may save a few bucks over time amid its decision to phase out the majority of its disposable cups by 2025, but that’s not why one top Wall Street analyst thinks the stock is now...
SCMP spins-off NFT business to form ‘Artifact Labs’
TL;DR Breakdown SCMP publishing firm, set to accelerate development of Dapps that bring history to blockchain via Artifact Labs. Publishing firm expanding to form NFT firm. The South China Morning Pos...
Will Diem Team members’ anticipated project to launch Aptos be a success?
Former Meta’s crypto project Diem employees developed their own blockchain network Meta, formerly Facebook, had highly anticipated cryptocurrency and blockchain projects to launch their stablecoin, Di...
Why Fed’s first rate hike since 2018 isn’t the key to economy’s future
The Federal Reserve is about to raise its benchmark interest rate for the first time since 2018, but it’s already time for the market to look past this well-telegraphed move, according to Kathy ...
Nuclear Danger Rises In Ukraine As Putin Strikes Eastward
Russian President Vladimir Putin AFP via Getty Images Vladimir Putin has played the mad man card in Ukraine by threatening the use of nuclear weapons. His threats have been rightly downplayed by the B...
Why GM Will Drive Its EV Business Into A Wall
Cadillac LYRIQ on April 19, 2021 in Shanghai, China. (Photo by Wu Kai/VCG via Getty Images) VCG via Getty Images With gasoline prices surging, the timing could not be better for another high-end elect...
These 3 China stocks are on sale. Are they good investments?
Chinese stocks have been in a strong bearish trend in the past few months. Indeed, the KraneShares China Internet ETF has crashed by over 70% from its highest level this year. This decline has been be...
the Good, the Bad and the Not Much
US president Joe Biden signed an executive order last Wednesday relating to cryptocurrencies. To what extent Biden himself is concerned with crypto is unknown, but nonetheless, a document was given th...
Top 11 Most Popular dApps in Cryptocurrency for March 2022 » NullTX
Decentralized applications living on the blockchain are also called dApps. They can include decentralized exchanges, blockchain-based games, NFT marketplaces, finance dashboards, and more. Several pla...
NFTs To Be Available On Instagram Soon
Meta CEO stated that their team of developers is working on adding NFT feature on Instagram soon, and non-fungible token minting will be available in future months. During October previous year, Meta ...
NATO chief to Putin ‘stop this war immediately,’ calls for diplomacy
NATO Secretary General Jens Stoltenberg speaks during a press conference ahead of the alliance’s Defence Ministers’ meeting at the NATO headquarters in Brussels on March 15, 2022. Kenzo Tr...
Walt Disney World’s Polynesian Village Resort Will Have A New Addition In 2024
Artist rendering of the new Disney Vacation Club Villas planned for Disney’s Polynesian Village … [+] Resort The Walt Disney Company Disney has announced a new expansion for the popular Di...
Here’s What May Cost You More As Fed Raises Interest Rates
Topline The Federal Reserve is set to raise interest rates for the first time in more than three years on Wednesday in an effort to combat the quickest surge in prices in over 40 years, but a series o...
Best 3 forex pairs to trade as volatility escalates
This is a pivotal week for the financial market as multiple central banks deliver their decisions and as the crisis in Ukraine continues. The US dollar and other safe havens like gold and crude oil ha...
French Stock Market Added 150K Retail Traders in Early Pandemic Months
The French financial market supervisor, locally known as Autorité des Marchés Financiers (AMF), revealed that retail investors traded more than €67 billion in French equities between December 2019 and...
Invest in AbbVie? I’ve Made My Decision
Kind of like that bunny that keeps on going… pharmaceutical firm AbbVie (ABBV) , long a Sarge fave, and now one of the oldest continuous long positions on my book, keeps on going… higher. ...
Aave set to launch third version of its DeFi protocol across six networks
advertisement DeFi lending platform Aave has announced the launch of the third version of its protocol, promising more security, decentralization, and capital efficiency for users. Aave’s third versio...
Hydrogen-powered train a step closer to passenger service in Germany
A model of Siemens Mobility’s Mireo Plus photographed in 2019. Nicolas Armer | Picture Alliance | Getty Images Plans to deploy a hydrogen-powered train in the southern German state of Bavaria to...
Chipotle Is Testing An AI-Driven Robot To Make Its Tortilla Chips
Chipotle is testing Miso Robotics’ technology, called Chippy, to make tortilla chips. Chipotle Chipotle shared its tortilla chip recipe on TikTok in 2020, opening up the opportunity for fans to ...
Is the USD/CAD a sell after the strong Canada inflation data?
The USD/CAD pair retreated slightly on Wednesday after the relatively strong Canadian consumer inflation data. It fell to a low of 1.2727, which was slightly below this week’s high of 1.2900. Canada i...