The US government will impose “substantial” tax increases on its citizens to try and fix its $1.4 trillion deficit, according to former Treasury Secretary Larry Summers. In a new speech covered by Blo...
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Use of Leverage in the Crypto Trading Market
In the world of crypto and spot trading, leverage is regarded as a quick way to significantly boost your trading profits. Leverage allows traders to make more money from the borrowed funds during trad...
Cardano Founder Warns Of “CBDC Agenda” In Binance SEC Complaint
The recent Securities and Exchange Commission (SEC) complaint against Binance has raised concerns among supporters of the cryptocurrency industry, with some fearing that it is part of a larger plan to...
Popular Analyst Says Litecoin on the Edge of Breaking Out, Updates Outlook on Ethereum – Here Are His Targets
A widely followed crypto strategist believes that both Litecoin (LTC) and Ethereum (ETH) are on the verge of igniting breakout rallies. In a new strategy session, Michaël van de Poppe says that Liteco...
Arca Crypto Hedge Fund Lays Off 30% Of Employees
Key Points: Crypto hedge fund Arca has decided to cut staff by 30% amid a challenging market. The company says adjusting the number of employees will preserve capital and engraving resources. Founded ...
Intel to Raise About $1.5 Billion in Sale of Part of Mobileye
(Bloomberg) — Intel Corp., the largest US chipmaker by revenue, will sell part of its holdings in Mobileye Global Inc., raising about $1.48 billion for its ambitious spending plans. Most Read fr...
Intel to sell $1.5 billion stake in Mobileye
(Reuters) – Intel Corp is offering 35 million shares of Class A common stock, or about a $1.5 billion stake, in Mobileye Global Inc, according to a regulatory filing on Monday. After the offerin...
Unity software stock soars after Apple Vision Pro partnership announcement
Unity Software (U) stock soared on Monday, rising nearly 20% into the close after a shoutout during Apple’s (AAPL) Worldwide Developers Conference. Unity’s gaming software will be used in ...
US Metropolitan Museum of Art to Return FTX’s $550K Donations
The Metropolitan Museum of Art (the Met) has agreed to return the $550,000 donations it received from bankrupt crypto exchange FTX last year. The donations were made by West Realm Shires Services, an ...
US bank shares fall after Treasury debt issuance, proposed new capital requirements
By Chibuike Oguh NEW YORK (Reuters) – Shares of U.S. banks fell on Monday with some investors pointing to worries that a flood of Treasury bill issuance following the raising of the U.S. debt ce...
Bitcoin Weekly Momentum Crosses Bearish For First Time In 2023
In a significant development this week, Bitcoin price has crossed bearish on the weekly LMACD (Logarithmic Moving Average Convergence Divergence), marking the first time this has occurred in 2023. Doe...
Blackstone REIT Continues Trend Of Bad News For Real Estate Investors
Blackstone real estate investment trust (BREIT) is known as one of America’s largest and most dependable privately held REITs when it comes to delivering investor returns. However, 2023 has proven to ...
Justin Sun Defends CZ And Claims Binance Innocent Before SEC Lawsuits
Key Points: Tron founder Justin Sun has defended CZ and Binance against actions against the SEC. He believes that Binance can prove his innocence and will accompany CZ to overcome the challenge. The U...
Micron Is the Top Chip Stock Pick Amid AI Hype, Says Analyst
Text size A Japanese plant operated by a subsidiary of Micron Technology Kiyoshi Ota/Bloomberg Owning Micron stock is the best way to survive a pullback in semiconductors after the sector’s big artifi...
Markets brace for deluge of Treasury bill supply after US debt deal
NEW YORK (Reuters) – Investors are bracing for a wave of U.S. government bond issuance as the Treasury plans to refill its depleted coffers quickly after the recent suspension of the debt limit....
Dave Ramsey faces $150M suit for promoting company accused of fraud
Dave Ramsey, a Christian radio host and personal finance guru, faces a $150 million lawsuit filed by some listeners of his show who allege they were defrauded by a timeshare exit company that advertis...
How the US Federal Reserve Wants to Compete With Crypto
Banking and money transfers in the United States can often be a painstakingly slow process. Unlike in many countries where the transfer of funds can occur instantaneously, moving money between US acco...
Palantir Stock Rises on Defense Contract. AI Is Part of That.
Text size Palantir stock was rising on Monday. Michael Nagle/Bloomberg Palantir Technology stock took off on Monday after the data-analytics software company said it was awarded a contract to deliver ...
PEPE’s hopes of a corrective bounce remain elusive
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Pepe’s [PEPE] frenzy seemed to be fizzling out, d...
What are NFT Collections and Why Should You Take Note of Them?
NFTs, also known as Non-Fungible Tokens, are unique digital assets encrypted with blockchain technology that cannot be counterfeited. Anything, from a simple tweet to detailed artwork, can be sold and...
Elon Musk Warns Home Prices Will Be The Next To Crash — Yet One Property Type Could Prove Resilient
As a serial entrepreneur who co-founded Tesla Inc., revolutionized the electric car industry and is sending rockets into space, Elon Musk isn’t known for being a real estate guru. But lately, the bill...
MongoDB, Inc. (MDB) Stock Forecasts
Analyst Profile Joseph F. Bonner, CFA Senior Analyst: Communication Services & Technology Joe covers the Communication Services sector and selected software technology stocks for Argus. In 2010, h...
Broadcom Inc. (AVGO) Stock Forecasts
Summary Broadcom Inc. is a top-five global fabless semiconductor company with leading franchises in wired and wireless communications, enterprise data center and storage, and other end markets. The fo...
SEC Sues Binance. What It Means for Bitcoin and Coinbase.
Text size Changpeng Zhao, or ‘CZ,’ is one of the most important players in crypto. AFP via Getty Images The U.S. Securities and Exchange Commission charged cryptocurrency exchange Binance and its foun...
I’m the head of talent acquisition at Vanguard. Here are the 3 things I look for in candidates and my favorite interview question to ask.
Tiffany Haley, head of global talent acquisition at Vanguard.Tiffany Haley Tiffany Haley is the head of global talent acquisition at Vanguard. She looks for candidates who are mission oriented, adapta...
Fifty Fifty Joins BTS With Their New Billboard Radio Chart Hit
SEOUL, SOUTH KOREA – APRIL 13: Sio, Saena, Aran and Keena of South Korean girl group Fifty Fifty … [+] attend during the ‘FIFTY FIFTY’ press conference at Ilchi Art Hall on Apr...
Biden administration moves to nix US states’ challenge to ESG investing rule
By Daniel Wiessner (Reuters) – The Biden administration has asked a federal judge to toss out a lawsuit by Republican-led states seeking to strike down a rule allowing socially-conscious investi...
Nicki Minaj Reveals Her Long-Awaited Fifth Album Is Coming In October
LOS ANGELES, CA – AUGUST 30: Rapper Nicki Minaj arrives at the 2015 MTV Video Music Awards at … [+] Microsoft Theater on August 30, 2015 in Los Angeles, California. (Photo by Axelle/Bauer-...
Telecom Stocks Get Price- Target Cuts. Analyst Cites ‘Nerves’ Over Amazon.
Text size AT&T shares have fallen 17% in 2023. Stefani Reynolds / AFP via Getty Images Verizon Communications , AT&T and T-Mobile got price-target cuts on Monday as investors remained concerne...
Ex-Minnesota Vikings Part Owner Gets 75-Month Prison Sentence For Crypto Fraud
Topline Reginald Fowler—a former minority owner of the Minnesota Vikings—was ordered Monday to serve more than six years in prison, forfeit $740 million and pay $53 million worth of restitution for a ...
The alt-right economy is failing. Here’s the real performance of anti-woke entrepreneurs
In commenting on Bob Iger’s defense of Disney’s values and brand in the face of threats from Florida Governor DeSantis, Nike CEO John Donahoe said, “I think Bob’s doing a great job at this. If i...
Chicago Walgreens redesigned with only 2 aisles available for browsing, the rest behind counters: report
A Walgreens store in Chicago reportedly has been redesigned to allow customers to browse only two aisles of products – after they pass through anti-theft detectors. The changes at the store on 2 E. Ro...