Driven by moral outrage over Russia’s invasion of Ukraine earlier this year, U.S. governors and other top state officials made it clear: They wanted to cut their financial ties with Russia. A few stat...
Tag: Corporate
Binance Blocks $1 Million Corporate Account After Law Enforcement Request
Renowned crypto exchange Binance has now confirmed that it has restricted its account access to $1 Million in crypto for a Tezos tool contributor. This confirmation comes after the platform was called...
Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next.
Now might be the time to consider hiding out in short-dated Treasurys or corporate bonds and other defensive parts of the stock market. On Friday, Federal Reserve Chairman Jerome Powell talked of a wi...
Fed Chief Talks Tough on Inflation. There’s More Pain Ahead for the Stock Market.
From left: Fed officials Jerome Powell, Lael Brainard, and John Williams ponder the great outdoors during a break at the economic symposium at Jackson Hole. David Paul Morris/Bloomberg Text size Grand...
Binance froze $1M corporate account due to law enforcement request
Major crypto exchange Binance has confirmed it restricted account access to $1 million in crypto for a Tezos tool contributor after being called out on social media. In a Thursday Twitter thread, Bina...
FedEx Sues Ground Contractor, Cancels His Routes
FedEx sued one of its largest delivery contractors in the U.S. and canceled his routes, saying the businessman has orchestrated a campaign to promote his own consulting firm by disparaging the deliver...
‘It’s a remarkably uncertain time’: Redfin CEO warns of rapidly cooling housing market — says deals under contract are being cancelled
After a stellar two-year run, the housing market is sputtering as buyers pull back sharply. One real-estate chief said the market is indeed course-correcting, and it’s getting hard to make a deal as m...
2 Companies That Boosted Their Stock Dividends This Week
Text size Altria Group said it plans to boost its quarterly disbursement to 94 cents a share. Fabrice Coffrini/AFP via Getty Images Altria Group and Lam Research declared dividend increases this week ...
These dividend stocks can protect you as the Federal Reserve slows the economy
With Federal Reserve Chairman Jerome Powell set to deliver an important speech Friday, investors may finally begin to take him at his word: The central bank is going to maintain a hawkish stance to co...
Here are 5 reasons why energy stocks look like a buy despite rising 74% in a year
Stocks in the S&P 500’s energy sector still have plenty of upside despite their 74% surge in the past 12 months, according to Jeff Buchbinder, chief equity strategist at LPL Financial. The strong ...
3M Is Denied Bankruptcy Shield Against Mass Earplug Claims
A bankruptcy judge declined on Friday to shield 3M Co. from continued litigation involving its military earplugs, a setback for the conglomerate’s attempt to shift the mass injury claims to a friendli...
Japan to amend crypto corporate tax laws
The strict laws in Japan regarding crypto are making the businesses in the country shut down. Japan is going to amend the crypto corporate tax laws in the country. The government of Japan has publiciz...
Alibaba, Nio stocks rally along with other Chinese names as SEC reaches audit deal with China
U.S-listed shares of Alibaba Group Holding Ltd. and Nio Inc. were among Chinese names trading higher in morning action Friday after the Securities and Exchange Commission announced that it has struck ...
Inflation falls for first time in more than two years, key U.S. gauge shows, due to sinking gas prices
The numbers: A key gauge of U.S. inflation fell 0.1% in July thanks to tumbling gasoline prices, marking the first decline in more than two years and giving Americans some relief from a rapidly rising...
‘The backlash to quiet quitting smacks of another attempt by the ruling class to get workers back under their thumbs:’ Am I wrong?
I have something to get off my chest. Please bear with me. We learned a lot from the (more than) two years of pandemic life. Among those lessons: 1. We can be really effective and productive working ...
Binance clarifies it froze Baking Bad corporate account due to law enforcement request, locked assets in agency custody
Binance said it froze Tezos (XTZ) tool contributor Baking Bad’s corporate account because of a law enforcement request and said that Baking Bad is aware of the issue behind the freeze as it was notifi...
Merck Looks Attractive, With or Without Seagen
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Nvidia Stock Sees Price Targets Lowered After Results
Text size Nvidia stock has declined by about 40% this year. Justin Sullivan/Getty Images Wall Street analysts aren’t ready to give up on Nvidia yet—even after the company has reduced its outlook versu...
Japan To Reform Crypto Corporate Tax Laws
The Japanese government has announced that it shall be evaluating the crypto tax rules which are applicable for corporations in the fiscal year of 2023. The Financial Services Agency and the Ministry ...
Opinion: The stock market in all likelihood has entered a new bull phase — so you’ll want to own these five stocks
That didn’t take long. The slump in the S&P 500 Index SPX, +1.41% and Nasdaq Composite Index COMP, +1.67% after their meteoric rise off mid-June lows has a lot of market commentators asking two ke...
Alibaba, JD.com Rising on Report of Resolution to SEC Delisting Issue
Text size Alibaba stock rose more than 8% following the report. AFP/Getty Images Stock in Alibaba Group and Tencent Holdings took off on Thursday after The Wall Street Journal reported that security r...
Opinion: I tried ‘quiet quitting’ before it was cool — and regretted it ever since
For much of my 35 or so years in the workforce, I’ve prided myself on going the extra mile — such as trying to put in a solid 8-hour day that has sometimes stretched into a 10 or 12-hour day. And I’ve...