Fed Chair Jerome Powell is expected to sign a 25 basis points increase in interest rates on Wednesday and Ironside Macroeconomics’ director of research says the U.S. stocks could rally on the bi...
Category: Finance
Live Finance News Updates.
German Prosecutors Indict Wirecard’s Former CEO
German prosecutors from Munich filed charges against Markus Braun, former Wirecard chief executive officer, concerning the firm’s collapse in 2021. According to the report, Braun was charged with frau...
Panic Selling Grips Chinese Stocks in Biggest Plunge Since 2008
(Bloomberg) — Chinese stocks listed in Hong Kong had their worst day since the global financial crisis, as concerns over Beijing’s close relationship with Russia and renewed regulatory risks spa...
How three friends cracked Larva Labs’s secret treasure hunt
Larva Labs, the creators of the popular non-fungible token (NFT) projects CryptoPunks and Meebits, enshrined the private keys for a pig Meebit worth 10 ETH (or about $25,000) in some digital artwork l...
Web3 Cryptocurrencies: Good Investments for the Future?
Considering the advent of Web 3.0, the rise of Web3 cryptocurrencies is inevitable. Direct investment in blockchain protocols, through their crypto, is the right place to start participating in the gr...
First Of Its Acquisition By Bored Ape Creator: Yurga Labs Buy Meebits and CryptoPunks
Yurga Labs, the Bored Ape Yacht Club creators, purchased the rights to the full slate of Meebits and CryptoPunks. Larva Labs, the creators of Meebits and CryptoPunks, as is being speculated, has gaine...
NIO XPEV LI trading down on delisting fears
Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio U.S.-listed shares of Chinese electric vehicle makers opened sharply lower on Monday, under pressure with other Chinese com...
Amazon’s Revitalized Whole Foods Is a Neighborhood Savior, and a Myth Slayer
In the Spring of 2017, the Whole Foods located in Washington, D.C.’s Glover Park neighborhood shut down ahead of plans for major renovations. The problem was that the owner of the building in which th...
Netflix Stock Sinks To Lowest Point Since March 2020 Amid Increased Competition
Topline Netflix’s stock on Monday sank to its lowest point since the start of the coronavirus pandemic in March 2020, with investors continuing to sell shares of the popular streaming service as it fa...
Coupa Stock Plunges On Weak Guidance Amid Acquisition Spree
Coupa Software (COUP) on Monday delivered January-quarter earnings and revenue that topped estimates amid its acquisition spree. But Coupa stock plunged as management guidance for the current fiscal y...
NFTs Will Be Taxable In Singapore
Lawrence Wong, Finance Minister of Singapore, made an announcement that any transaction related to Non Fungible Tokens in nation will now be taxable. Australia and United States are already applied ta...
Putin allows Russian airlines to fly $10 billion worth of foreign-owned planes
Aeroflot Russian Airlines civil jet aircraft produced by Airbus at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Foreign aircraft lessors seeking to recover s...
Will Biden Again Pause—Or Cancel—Your Student Loans? Here’s What We Know.
Topline Millions of Americans with federal student loan debt are set to resume payments on May 1, after President Joe Biden has paused payments throughout the pandemic—but recent signals from the U.S....
Chinese Stocks in U.S. Spiral After Brutal Selloff in Asia
(Bloomberg) — U.S.-listed Chinese stocks resumed a steep selloff on Monday as concerns about Beijing’s close relationship with Russia added to losses spurred by its crackdown on tech giants and ...
Bybit exchange recognized at the Cryptocurrency World Expo 2022
TL;DR Breakdown • Head of financial products at Bybit flattered by such a recognition.• The crypto platform promises the lowest interest rates on crypto transactions till date. Recently Bybit Exchange...
FLM distributions begin for liquidity providers
NEP-17 SWTH tokens are now listed on Flamingo SWTH token holders must migrate via the Demex non-custodial exchange The SWTH token smart contract was minted on Neo N3 on Feb. 24 Switcheo has empowered ...
PayPal CEO Predicts Cryptocurrencies Will Revolutionize Global Financial System
The chief executive of one of the world’s largest payments providers is predicting cryptocurrency technology will revolutionize financial systems globally. Ahead of the Axis Tel Aviv international inv...
Bipartisan lawmakers push for IRS answers on problems facing taxpayers
Signage outside the Internal Revenue Service (IRS) headquarters in Washington, D.C. Bloomberg | Bloomberg | Getty Images A group of bipartisan lawmakers is pressing the IRS for answers on lingering is...
Channing Tatum’s Sleeper Hit ‘Dog’ Tops VOD Charts
Channing Tatum in ‘Dog’ © 2021 Metro-Goldwyn-Mayer Pictures Inc. All Rights Reserved. Vudu announced that Dog, which opened theatrically courtesy of MGM on President’s Day weekend, was the...
Ruchir Sharma breaks down opportunities in emerging markets
The current macroeconomic backdrop calls for investing in emerging markets, says Breakout Capital founder Ruchir Sharma. Higher commodity prices benefit emerging markets This afternoon on CNBC’s...
Opinion: Ukraine War Likely Has Triggered Lasting Bear Market
If historical precedent offers any guidance, the currently high valuations of the S&P 500, which remain elevated even after recent declines, mean that a prolonged bear market is likely in the near...
Trader Says Terra (LUNA) Following Corrective Path of Chainlink (LINK), Warns of Downside Risk of Fantom (FTM)
A closely tracked crypto trader says that Ethereum rival Terra (LUNA) might be following the same path that decentralized oracle Chainlink (LINK) took when it experienced its last big correction. The ...
Nikola wants to increase shares by 200 million
San Pedro, CA – December 17: The first two zero-emissions electric trucks, from an order of 100 vehicles, delivered from the Nikola Corporation to Total Transportation Services at the Port of Lo...
Director Jane Campion Apologizes For Serena And Venus Williams Remarks
Topline The Power Of The Dog director Jane Campion apologized to tennis legends Serena and Venus Williams Monday for a comment she made while accepting an award at the Critics Choice Awards Sunday, wh...
Vaccine maker stocks rise as China battles worst Covid outbreak since 2020
Health workers dressed in protective clothing give nucleic acid tests to men at a mass testing site to prevent COVID-19 on March 14, 2022 in Beijing, China. Kevin Frayer | Getty Images Shares of the m...
Inveniam taps into Chainlink to bring proprietary data to blockchains
US fintech platform Inveniam, a platform that leverages Big Data, AI and blockchain technology to offer access to validated private market data, has announced integration with Chainlink to provide the...
Ford Stock Is Down For a Very Odd Reason. No, Production Guidance Wasn’t Cut.
Auto investor nerves are frayed as they deal with Russia, inflation and the persistent chip shortage. Scott Olson/Getty Images Text size Automotive News incorrectly reported over the weekend that Ford...
140.7 Million SHIB Added to Burn Pot for March 15 Event
11.06 million SHIBs disappeared in 24+ hours Pot contains 655 Million tokens Current number of users – 1,196,806 The significant burner arranged an extra 140.7 million SHIBs in March for consuming, wh...
China ‘very vulnerable’ to omicron spread despite ‘zero-Covid policy’
Low levels of natural immunity are complicating China’s efforts to limit spread during its recent surge in cases of the new Covid omicron BA.2 subvariant, Dr. Scott Gottlieb told CNBC on Monday....