Just before Thanksgiving, we learned that Alabama sought to spend $400M of COVID relief on new prisons—five times as much as it plans to spend on hospitals. And now as we kick off a new year, it’...
Category: Finance
Live Finance News Updates.
Singapore-based ATM operators shut down machines amid MAS crackdown
Singapore-based cryptocurrency ATM companies are shutting down their machines after the Monetary Authority of Singapore (MAS) announced a crackdown on crypto advertising. A report unveiled this news e...
Johnson & Johnson’s got a new CEO and a plan to split the company in two. Here’s what else to expect out of J&J’s earnings
Johnson & Johnson JNJ, -0.31% has long been viewed as a bellwether stock for other health care companies, given its early slot in the earnings calendar and a business model that spans everything f...
United Airlines (UAL) reports quarterly results
An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines said the surge in Covid-19 infections has hurt bookin...
SEC eyes new disclosure deadlines for hedge funds building big stakes
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14...
Instagram Testing Subscription Service For Creators To Sell Exclusive Content
Topline Instagram launched a test of a new subscriptions mode that allows creators to provide exclusive content to paying subscribers, a feature popularized byby OnlyFans, Substack and Patreon, the co...
The Machines That Build Machines, Porsche Vs Tesla
A new Taycan model, the first all-electic car of German car maker Porsche, is presented at the … [+] company’s booth on the fair grounds in Frankfurt am Main, western Germany. (Photo by Da...
Bank of America’s net income hit a record high in fiscal 2021
Bank of America Corp (NYSE: BAC) popped up nearly 5.0% on Wednesday after the multinational said its profit topped expectations in Q4. But the stock then gave up almost the entire intraday gain on low...
The Nasdaq Composite just logged its 66th correction since 1971—here’s what history says happens next in the stock market
The Nasdaq Composite Index COMP, -1.15% on Wednesday booked its first close in correction territory since March with a rapid surge in Treasury yields, and expectations for interest-rate increases from...
Hacker steals $200,000 through Multichain bug, offers to return 80%
The ongoing exploitation of the cross-chain protocol Multichain has now totaled $3 million, according to ZenGo co-founder Tal Be’ery. A bug in the protocol is being exploited by multiple blockch...
Starbucks won’t require vaccination or weekly testing after court ruling
People wear protective face masks outside Starbucks in Union Square in New York. Noam Galai | Getty Images Starbucks has suspended its plan to require baristas to get vaccinated or receive weekly test...
What Are Serie A Giants Juventus Going To Do About Paulo Dybala’s Expiring Contract?
UDINE, ITALY – JULY 23: Paulo Dybala of Juventus shows his dejection during the Serie A match … [+] between Udinese Calcio and Juventus at Stadio Friuli on July 23, 2020 in Udine, Italy. (...
Citi’s Chris Danley reveals his top semiconductor pick for 2022
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...
Federal Reserve may trigger “deep corrections’ in stock market in 2022 with its actions, strategist warns
Investors should buckle up as it could get hairy this year with the Federal Reserve poised to begin lifting interest rates from rock bottom levels. “I definitely think we will experience more v...
NFT platform Autograph raises $170 million in Series B funding
advertisement Autograph, a sports and entertainment non-fungible token (NFT) platform created by American football player Tom Brady, announced Wednesday that it received $170 million in Series B fundi...
U.S. Wineries Still Not Doing Enough To Attract Younger Multi-Cultural Consumers, SVB 2022 Report Says
Group Of Friends Enjoying Night Out At Rooftop Bar getty Though more than 50% of the premium wineries surveyed in Silicon Valley Bank’s 2022 State of the Wine Industry Report, stated they had a very g...
OKEx Changes Its Company Name to OKX in Major Rebrand
On January 18, OKEx, the second largest crypto exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instru...
The 60/40 portfolio ‘is in danger’ as Federal Reserve gears up for a rate-hike cycle in coming months
The traditional portfolio mix of 60% stocks and 40% bonds, historically seen as the safest allocation for investors of moderate-risk tolerance, “is in danger” as the Federal Reserve gears up for its f...
Solana NFT total sales volume crosses $1 billion
advertisement Non-fungible token (NFT) sales on the Solana blockchain surpassed $1 billion in total volume in January of 2022, according to the NFT sales tracker CryptoSlam! Solana’s NFTs gained in po...
GK8, cybersecurity platform reel out new feature
TL;DR Breakdown GK8 reel out additional features to its platform. The new features can enable banks sure that their crypto custodial services GK8, a leading self-managed crypto custody solution with c...
DeFi rug pull unearthed by Chinese police worth millions
DeFi crimes have surged in China since December as police have arrested eight people since December 50 million yuan DeFi rug pull scam unearthed by public security bureau of Chizhou Rug pulls are co...
Disney forms international content group, gears up for streaming push
In this photo illustration the Disney+ logo seen displayed on a smartphone screen. Is an online video streaming subscription service owned and operated by Direct-to-Consumer & International, a sub...
Freeform’s New Show ‘Single Drunk Female,’ Balances Comedy, Family And Addiction
SINGLE DRUNK FEMALE – Freeform’s “Single Drunk Female” stars Ally Sheedy as Carol Fink and Sofia … [+] Black-D’Elia as Samantha Fink. (Freeform/Koury Angelo) Freefo...
2 Dangerous Dividends That’ll Be Wiped Out In ’22
Old yellow weathered painted background with grunge black danger sign and stripes getty The last time the Federal Reserve tried to taper its money-printing ways, the S&P 500 dropped 20% in 11 week...
Morgan Stanley tops fourth-quarter profits estimates
Morgan Stanley (NYSE: MS) had a boost in share price after it reported fourth-quarter profits that were better than what the company expected. Strong equities trading revenue is mainly what drove thes...
Alpha FX Expects to Generate over £77 Million as 2021 Revenue
London-listed Alpha FX Group plc (LON: AFX) is expecting revenue of more than £77 million for 2021, which is a yearly increase of 67 percent, the company announced in a trading update on Wednesday. In...
‘A lot of people will lose a lot of money,’ Interactive Brokers founder says
It’s been roughly a year since GameStop (GME) began overtaking headlines and a ‘meme stock’ phenomenon was born. However speculative assets have been under pressure recently amid ris...
Grayscale taps Bloomberg for Future of Finance Index launch amid ETF push
advertisement Grayscale Investments, the world’s largest crypto asset manager, and Bloomberg have partnered to launch a new digital assets-based index. Dubbed the Bloomberg Grayscale Future of Finance...
Crypter Network Debuts an Engage-to-Earn Reward System
Manilla, Philippines, 19th January, 2022, Chainwire Crypter Network, a Facebook-like platform combining decentralized finance (DeFi) and social media, is ready to launch its Engage-to-Earn reward syst...
Coinbase is giving employees 4 ‘recharge’ weeks off this year
The digital money trade stage Coinbase is giving representatives 4 “re-energize” weeks off this year The entire company will shut down to avoid work from piling up Almost the entire organization will ...