Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, March 2, 2022. Stefani Reynolds | AFP | Getty I...
Category: Finance
Live Finance News Updates.
ABC Renews Comedy ‘Abbott Elementary’ For Season 2
US actors (L-R) Chris Perfetti, Sheryl Lee Ralph, Janelle James, Quinta Brunson, Tyler James … [+] Williams and Lisa Ann Walter attend the premiere of “Abbott Elementary” at The Disn...
Bed bath & beyond stock has dipped for 7 consecutive days: here’s where to buy the dip
After rising by 73% between February 23 and March 8, the Bed bath & beyond stock has shed over 12% in the past seven days. The current dip is attributed to the poor performance of Bed Bath & B...
Fed to hike interest rates Wednesday, undeterred by lack of visibility on Russia-Ukraine war’s impact
On Saturday, a strong late winter storm caused havoc on the East Coast, particularly in Pennsylvania, with drivers experiencing severely reduced visibility as winds blew snow across the roads. Speed l...
Magic Eden, the Solana-based NFT marketplace raises $27 million
TL;DR Breakdown Sequoia and Paradigm join the $27 million round of Magic Eden. The marketplace will allow users to trade different types of non-fungible tokens. The investment is part of Sequoia’s pla...
Electric Last Mile shares plummet to $1 after company confirms SEC probe
The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s...
JPMorgan rolls back Covid precautions as U.S. cases drop
Jamie Dimon, Chairman and CEO of JPMorgan Chase, attends a meeting hosted by US President Joe Biden with business leaders about a Covid-19 relief bill in the Oval Office of the White House in Washingt...
‘The Adam Project’ Composer On ‘Perfect Scoring Process’ For Netflix’s Shawn Levy-Ryan Reynolds Adventure
L-R: Composer Walter Simonsen, Walker Scobell, and Ryan Reynolds Courtesy of Christian Yi & Doane Gregory/Netflix Over a full year before Free Guy opened in theaters, Ryan Reynolds and Shawn Levy ...
Ukraine war: Pro explains what could trigger the World War III
After a short-lived uptick this morning, the S&P 500 index is now back in the red on reports that Russia has asked China for military equipment. Could it lead to the World War III? According to Jo...
Financial Commission Revokes EGMarkets Membership Status
The Financial Commission (FinCom), a self-regulatory organization in the financial services space, has announced on Monday that it ended the membership status EGMarkets due to a breach of contractual ...
12 oil stocks Goldman Sachs thinks has big upside potential
Some of the most well-known oil stocks have further room to run amid elevated oil and gas prices, says strategists at Goldman Sachs. And they point to several fundamental factors for their ongoing bul...
Avalanche price analysis: AVAX continues lower, targets $65 major support next?
TL;DR Breakdown Avalanche price analysis is bearish for today. AVAX/USD retraced to $70 overnight. More selling resumed during the day. Avalanche price analysis is bearish today as we have seen a stro...
Stocks making the biggest moves midday: Alibaba, Apple and more
Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. ...
Putin’s War on Ukrainian Children
Children are victims in every armed conflict. This is a given. According to reports, Ukraine is not an exception. After Putin unleashed an attack on Ukraine, without any provocation and any credible j...
Deglobalization Creates Opportunity For Nevada-Based Lithium Miner
Lithium Mine. (Photo by Pablo COZZAGLIO / AFP) (Photo by PABLO COZZAGLIO/AFP via Getty Images) AFP via Getty Images The war in Ukraine is shrinking the world. De-globalization, an anathema only a deca...
Tencent to face a record fine for money laundering
Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling each user to make educated decisions with their money and to take control of their financial futu...
Apple supplier Foxconn halting operations could deal a blow to iPhone maker: analyst
Apple supplier Foxconn halting operations amid a fresh COVID-19 outbreak in key manufacturing hub Shenzhen, China, could deal a financial blow to the iPhone seller. “It’s concerning. The v...
Mila Kunis` backs a Solana NFT centered animated series
TL;DR Breakdown Mila Kunis’ production company launches a new Solana NFT animated series called “The Gimmicks.” In this Mila-endorsed TV show, NFT holders get to pick the narrative. It’s produced by T...
Netflix shares hit lowest point since March 2020, when Covid pandemic started
Netflix‘s stock has now given up all its pandemic gains. On Monday, the streaming service’s shares fell more than 2% to around $332 each, a 52-week low. That’s more than 50% down fro...
Dolly Parton Declines Rock & Roll Hall Of Fame Nomination, Says She Isn’t ‘Worthy’
Topline Legendary country songstress Dolly Parton announced Monday that she is declining her nomination to the Rock & Roll Fame, saying she doesn’t “feel that [she] has earned that right.” Dolly P...
This Stock Has A 2.25% Yield And Sells For Less Than Book
American International Group has been named as a Top 10 dividend-paying financial stock, according to Dividend Channel, which published its most recent ”DividendRank” report. The report no...
U.S. could see another uptick in COVID infections in coming weeks
The U.S. will likely see another uptick in COVID infections in the coming weeks, says the former FDA commissioner, Dr Scott Gottlieb. Highlights from Dr Gottlieb’s interview on CNBC’s &lsq...
Binance May Acquire Sim;Paul Investimentos
Binance signed a a Memorandum of Understanding to consider the acquisition of Brazilian Sim;paul Investimentos. Binance is striving to obtain a foothold in Brazil through the acquisition. Q4 2021 volu...
Cathie Wood Watch: Ark Catches 3D Printer Bug
Investment star Cathie Wood, Chief Executive of Ark Investment Management, continues her buying and selling of stocks — mostly buying — amid the equity market’s turmoil. On Friday, she ven...
Phoenix Suns Sign Iffe Lundberg; Marks First-Ever Dane In NBA
KAZAN, RUSSIA – JANUARY 28: Iffe Lundberg, #1 of CSKA Moscow in action during the Turkish Airlines … [+] EuroLeague Regular Season Round 23 match between Unics Kazan and CSKA Moscow at on ...
U.S. Losses Top $1.1 Trillion As Beijing’s Russia Ties Spark Investor Concerns
Topline Shares of Chinese heavyweights trading in the United States plunged Monday amid growing concerns over Beijing’s ties to Russia and potential delistings, piling on to losses of more than ...
CoinJoin mixing tool to block illegal transactions
CoinJoin, a popular Bitcoin (BTC/USD) mixing tool, will block transactions flagged as illicit or associated with such, CoinTelegraph reported, citing an announcement from the official Wasabi Wallet Tw...
Rivian About to Make a Crucial Decision to Solve Its Big Problem
It is an understatement to say that Rivian is going through a tough period. The young electric-vehicle manufacturer has just poured cold water on investors’ hopes by announcing a pessimistic ou...
Terraform Labs CEO Do Kwon bets $1 million on LUNA’s future price
Terraform Labs founder Do Kwon has accepted a $1 million bet on the price of his own project Terra (LUNA) with the pseudonymous Sensei Algod. A crypto personality known as Cobie is acting as the escro...