One of the nation’s largest student-loan processors will cancel the debt of 66,000 borrowers, totaling $1.7 billion, in an agreement with 40 state attorneys general. The agreements resolve all six out...
Category: Finance
Live Finance News Updates.
Legal fight emerges between ConsenSys, former venture partner over fund proceeds
A legal fight has emerged between the Ethereum-focused company ConsenSys and a former venture executive. The spat, first detailed by Business Insider on Thursday, broke into the open with a December 3...
Visa collaborated with ConsenSys to integrate CBDC with Traditional Finance
The collaboration is to bridge the gap between CBDCs and traditional financial service providers. Customers will be able to use their CBDC-linked Visa cards wherever Visa is accepted. Government disbu...
RNC Wants To Shut Out Presidential Debate Commission Trump Claimed Was Biased
Topline The Republican National Committee plans to block future presidential candidates from participating in debates organized by the Commission on Presidential Debates (CPD), it informed the commiss...
Why Morgan Stanley Is A Top 25 Dividend Giant
Morgan Stanley MS has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a stunning $19.92B worth of stock held by ETFs, and above-average ”DividendRank” statistics i...
DeFi Kingdoms: Euphoric Earning With a Touch of Nostalgia
DeFi Kingdoms is a video game, a decentralized exchange, a liquidity pool, an epic market for NFTs driven by utility, and it all plays out smoothly, in the form of fantasy pixel art, giving the users ...
Biden says U.S. to provide high quality masks for free to Americans
US President Joe Biden holds up a KN95 mask as he delivers an update on his Administrations whole-of-government COVID-19 surge response at the White House in Washington, DC, on January 13, 2022. Jim W...
Stocks fall after record jump in wholesale prices, rise in jobless claims
U.S. stocks turned lower Thursday as investors considered a fresh read on weekly unemployment claims and wholesale price inflation out of Washington. Tech stock underperformed, and the Nasdaq dropped ...
Sega got forced to think after Gamers denied NFTs
The popular game maker was forced to think twice about introducing NFTs in their games. Questions regarding the proliferation of the NFTs were raised by the gamers If NFTs don’t provide any Tangible b...
Solrise Hires TradFi Exec To Bring Solana DeFi to Institutional Players
January 13, 2022 – London, England Solrise is proud to announce the expansion of its team through hiring Joseph Edwards who will join as head of financial strategy. The former head of research of cryp...
Ford, Snap, Virgin Galactic and more
Newly manufactured Ford Motor Co. 2021 F-150 pick-up trucks are seen waiting for missing parts in Dearborn, Michigan, March 29, 2021. Rebecca Cook | Reuters Check out the companies making headlines in...
Forsaken’ Is Basically ‘Dark Souls’ With Mecha-Dragons In Latest Trailer
Bleak Faith: Forsaken Credit: Archangel Studios Bleak Faith: Forsaken, which should just be called Bleak Faith or Forsaken but that’s another story, is a Soulslike that takes place amidst the ruins of...
TPG Stock Lands $10 Billion Valuation In 2022’s First Big IPO—Here’s How That Stacks Up Against PE Giants Blackstone, KKR
Topline Shares of investing powerhouse TPG jumped 12% within minutes of their public-market trading debut on Thursday, kicking off what’s expected to be a massive year for initial public offerin...
NAGA Group Revenue Hits €55.3 Million for Fiscal Year 2021
On January 13, NAGA Group, a German fintech social trading focused online broker, announced its 2021 financial results, indicating that the company exceeded its revenue guidance for 2021. NAGA stated ...
Why Virgin Galactic stock is sliding 15% today
Virgin Galactic (SPCE) stock slid 16% on Thursday after announcing a $425 million convertible bond offering. Shares of the space tourism company have had a bumpy start to the new year. The stock is do...
Monero price analysis: XMR gains nine percent as bullish momentum takes the price to $217
TL;DR Breakdown The Monero price analysis is bullish. Resistance for XMR/USD is present at $220.7. Support is present at $211. The Monero price analysis is bullish as it is showing a heightening momen...
OpenSea is up for rivalry, vampire LooksRare sucking exchange volume
LooksRare is a decentralized clone of OpenSea The new NFT trading platform already seems to be making a huge impact It charges 2% fees on basic sales Day by day volume on NFT commercial center Looks...
Databricks launches Lakehouse for Retail as CEO focuses on growth
Ali Ghodsi, co-founder and chief executive officer of Databricks Inc., speaks during a Bloomberg Technology television interview in San Francisco on Oct. 22, 2019. David Paul Morris | Bloomberg | Gett...
Costco Will Spend $4 Billion In 2022
Flush with cash and little debt, Costco plans on opening 28 new warehouse stores in 2022. Getty Images Costco continues to be on a roll, and like its select, best-in-category competitors, weathered th...
Investors Ask “Where’s The Stimulus?”
China Last Night KraneShares Key News Northern Asia equity markets were largely off aside from Taiwan’s small gain. South Asia and India performed well as the Philippines outperformed. The Hang Seng I...
Boxing legend Mike Tyson is “All in” on Solana
TL;DR breakdown Mike Tyson announces his support for Solana on Twitter. He will expand his NFT involvement through the Solana network. Developers and contributors are increasingly choosing Solana o...
Ford’s market cap tops $100 billion for first time ever
Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor’s market value toppe...
White House To Order 500 Million Additional Covid-19 Tests And Plans To Make Higher-Quality Masks Available
Topline President Joe Biden said Thursday his administration will make higher-quality masks available to Americans for free next week, and announced a new order of 500 million Covid-19 tests to be dis...
The Best Dividend Stocks For Rising Interest Rates
Serious pensive thoughtful focused young casual business accountant bookkeeper in office looking at … [+] and working with laptop and income tax return papers and documents getty Well, that esca...
Ford Market Cap Tops $100 Billion for First Time on EV Surge
(Bloomberg) — Ford Motor Co.’s market value topped $100 billion for the first time as investors bet on the 118-year-old automaker’s prospects in the dawning electric age. Most Read from Bloomber...
NEAR raises $150 million as it looks to become a hub of web3 development
advertisement The NEAR Foundation has closed a $150 million funding round less as it looks to become the hub of an open web3. Three-Arrows Capital led the token sale with participation from Mechanism ...
Ripple accused SEC of using a “delay card” and urge to pass the judgment at full tilt
Ripple General Counsel Stuart Alderoty accused the US Securities and Exchange Commission of using the “delay card” in a recent Twitter discussion. Alderotti also criticized the SEC for employing “enfo...
Delta CEO says 8,000 employees have tested positive for Covid in last 4 weeks
A Delta Air Lines employee works on the departures level at Los Angeles International Airport (LAX) on August 25, 2021 in Los Angeles, California. Mario Tama | Getty Images Delta Air Lines CEO Ed Bast...
Will Inflation Last Into 2023? Global CEOs Say Yes, While Key Price Indicator Hits Record Level
Topline Inflation is worrying chief executives globally, according to a survey released Thursday by the Conference Board, a business research group, and data shared by the U.S. Bureau of Labor Statist...
Omicron Job Loss? Unemployment Claims Unexpectedly Spike One Week After Steep Drop In Jobless Benefits Numbers
Topline The number of new unemployment claims unexpectedly jumped for the second week in a row this month, despite a steep drop in the overall number of Americans receiving unemployment benefits just ...