U.S. stocks got smoked on Wednesday after the Federal Reserve raised interest rates by a quarter percentage point amid a fast-moving banking crisis and Chair Jerome Powell suggested rate cuts were not...
News
Federal Reserve Hikes Key Rate, Signals It’s Almost Done; S&P 500 Slides
The Federal Reserve hiked its key interest rate by a quarter point, keeping up its battle against inflation as the banking panic subsides. But new Fed forecasts point to just one more rate hike as ong...
FAA announces plan to avoid NYC, DC flight delays this summer
An United Airlines seen at LaGuardia International Airport in New York. Adam Jeffery | CNBC The Federal Aviation Administration on Wednesday announced measures to try to avoid a repeat of disruptions...
Coinbase Receives SEC Wells Notice Over Listed Crypto Assets, Staking Service, Coinbase Prime and Coinbase Wallet
The U.S. Securities and Exchange Commission just sent a Wells Notice to the crypto exchange Coinbase. The notice says the agency has made a “preliminary determination” to recommend the agency file an ...
GE Is Splitting in Two. Here’s What the Parts Are Worth.
General Electric will separate its power businesses from the aerospace business in early 2024. It feels like a long way off, but investors will eventually have to value the two businesses separately t...
What Wall Street Had to Say About the Fed’s Rate Hike
(Bloomberg) — Wall Street widely expected the Federal Reserve to raise interest rates by 25 basis points, which is exactly what happened. But equity investors debated conflicting messages: the p...
SEC targets Justin Sun firms on fraud allegations – Cryptopolitan
The Securities and Exchange Commission (SEC) has charged crypto entrepreneur Justin Sun and three of his businesses, Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc., for the un...
DWAC Stock Falls As Digital World Fires CEO, Trump Grand Jury Delayed| Investor’s Business Daily
Digital World Acquisition (DWAC), a blank-check company poised to merge with former President Donald Trump’s media company, announced early Wednesday it had terminated its chief executive, Patr...
Bitcoin and Stocks Dip on Fed Hikes, But is it a Fakeout? – Trustnodes
Bitcoin briefly dived below $27,000 after first trying to reach $29,000 earlier today amid yet another hike Wednesday. What was a 50/50 split market on whether they will increase interest rates, becam...
Coinbase received Wells Notice from SEC relating securities law violations
The United States Securities and Exchanges Commission (SEC) has been actively involved in the crypto market for the past few weeks. The commission that laid securities law violations against Justin Su...
Federal Reserve raises interest rates 0.25% to highest since 2007 amid bank crisis
The Federal Reserve raised the target range for its benchmark interest rate by 0.25% on Wednesday as it battles stubborn inflation and a banking crisis which has pushed the central bank into taking it...
SEC investigating Coinbase for its Earn product, wallet service and exchange activity
Exchange giant Coinbase was issued a Wells Notice by the Securities and Exchange Commission, notifying the company of investigations into several offerings and continuing a string of regulatory warnin...
Goldman Sachs warns of 35% downside in this self-driving car tech stock
Luminar Technologies Inc (NASDAQ: LAZR) ended about 15% down today after a Goldman Sachs analyst turned bearish on the company that makes vision-based lidar sensors for autonomous cars. Luminar stock ...
GameStop stock is surging after earnings, but there’s a clear problem
It was not a clean fourth quarter for GameStop, despite the outpouring of investor affection. GameStop stock was up 48% in early trading on Wednesday after the company posted its first quarterly profi...
Startups Flock To OpenAI’s Chat GPT And DALL-E
Original Painting Generated by DALL-E DALL-E In the 2020s, a new wave of technology is emerging, one with the potential to unleash creativity and innovation on a scale never seen before. Startups are ...
Five Key Takeaways From Fed’s March Decision to Raise Rates a Quarter Point
Here are key takeaways from the Federal Reserve’s interest-rate decision and statement on Wednesday: Federal Open Market Committee votes unanimously to raise benchmark rate by 25 basis points, a...
US SEC claims TRX is security, charges Tron’s Justin Sun and eight others
US SEC has declared TRX and BTT as securities and brought charges against Tron’s founder The commission has also claimed the Sun manipulated the price of TRX in the secondary market The United States ...
The Fine Art Of Mentorship At Williams Selyem Winery In Sonoma
Williams Selyem Winery in the Russian River Valley of Sonoma County, CA Williams Selyem When Burt Williams and Ed Selyem decided to make some wine in their garage one weekend in 1979, they probably ne...
Nvidia Stock Less Than $10 Billion Away From Berkshire for 5th Largest Company
Nvidia ‘s latest rally has the stock less than $10 billion away from passing Berkshire Hathaway to become the fifth largest by market capitalization. That would have seemed ridiculous just five months...
ARK’s Cathie Wood Says Bitcoin’s Upsurge As Global Banks Roil Will Attract New Institutional Investors In Droves ⋆ ZyCrypto
Advertisement     Bitcoin has regained its luster in recent days as crypto markets outshine following the ongoing global banking crisis. With the failure of Silvergate...
Fox News Reporter Reunited With Son During Live Report After Denver School Shooting
Fox News Channel reporter Alicia Acuna hugs her son who was safe after a shooting at a Denver high … [+] school Fox News Fox News Channel senior correspondent Alicia Acuna broke away from a live...
I’m a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57?
Ask An Advisor: I’m a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. I Max Out My 401(k) Each Year. Can I Retire at 57? I am a 43-year-old divorced father. I h...
Exploring The Practical Applications of Orbeon Protocol (ORBN), Quant (QNT) and ApeCoin (APE) Utility Tokens In Various Industries
Advertisement     Orbeon Protocol (ORBN), Quant (QNT) and ApeCoin (APE) are three utility tokens that have garnered attention for their potential real-world applicatio...
They Both Bet on These 2 Stocks
In this uncertain market environment, the educated investor would do well to seek out some signal that can cut through the noise and indicate the sound stock purchase choices. Following the legendary ...
SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market man...
Unstirred By Legal Brawl with SEC, Accounts at XRPL To Touch 5M
XRP Ledger (XRPL) saw new accounts reach 5 million soon. The result of the Ripple vs. SEC is expected soon. Despite a legal brawl with the SEC, XRP gained 15% in the last 30 days, and whales recentl...
‘Rust’ defense prepares motion to dismiss manslaughter case
An image of cinematographer Halyna Hutchins, who died after being shot by Alec Baldwin on the set of his movie “Rust”, is displayed at a vigil in her honour in Albuquerque, New Mexico, Oct...
Deribit Bitcoin Options Open Interest Hits All-time High
Notional open interest on the largest centralized crypto derivatives exchange hit a record high Wednesday, with demand for bitcoin options leading the way amid a turbulent time for the traditional fin...
Circle sidesteps SWIFT after bank collapses, turns to Gibraltar’s Xapo Bank
“By adding outrails to its existing USDC onramps, Xapo Bank is enabling members to bypass costly and time consuming SWIFT payments and instead deposit and withdraw via the stablecoin with no fees char...
Bulgarian Member of Crypto Scam OneCoin to Face Justice in the US
The authorities of the United States pressed charges against Irina Dilkinska (who served as Head of Legal and Compliance at OneCoin) for her alleged role in the infamous crypto scam and deported her f...
Rivian Stock Is Trading Terribly. Wall Street Thinks It’s Time for an Activist.
Rivian Automotive stock has been trading far worse than most of its peers. Sales and products aren’t the problem. It’s spending. The company needs a plan to control cash and improve investor sentiment...
Coinbase Enters The Brazilian Market Partnering With Pix Payment App
The San Francisco-based cryptocurrency exchange, Coinbase, has partnered with Pix, Brazil’s leading electronic payment system. This move has, in turn, expanded the exchange services to the South Ameri...