Crypto News: Bitcoin supporter and CEO of Galaxy Digital Mike Novogratz thinks there could be a credit crunch in the United States. Referring to experience from the US Federal Reserve’s monetary polic...
Tag: Cut
Cardano Founder Charles Hoskinson Says Crypto Should Cut Ties With Banks
Cardano’s Founder – Charles Hoskinskon – believes the cryptocurrency industry should differentiate itself from the “unstable and volatile” banking sector. Three of America’s leading financial institut...
State Street Sees Moody’s US Banking Cut ‘Terrible Overreaction’
(Bloomberg) — The head of one of the world’s largest asset managers called Moody’s Investors Service’s outlook cut for the US banking system “a terrible overreaction” and said regulators had rea...
Nomura predicts Fed rate cut on financial stability concerns
Sam Stovall, Chief Investment Strategist at CFRA believes that the Federal Reserve will continue to hike rates by 25 bps through the second quarter of the year, before pausing to maintain the prescrib...
Absorb for adoption — How infamous 30% Apple cut affects iOS NFT apps
Apple’s continued enforcement of in-app purchases to sell services remains a trade-off for NFT applications looking to tap into the convenience of streamlined in-app purchases for iPhone users and a m...
Houbi Cut Ties With Signature Bank and Silvergate Before Their Collapse (Report)
Huobi had reportedly withdrawn all its assets from Signature and Silvergate Bank prior to their demise. However, numerous other platforms and crypto-related firms got burned from their existing expos...
Cryptos shredded as analysts cut bitcoin price targets, $17k in sight
Crypto investors are bracing for impact as crypto analysts warn that the current market pressure may be far from over, with bitcoin and other major digital assets facing lower price targets. Crypto an...
Biden budget aims to cut deficits nearly $3T over 10 years
WASHINGTON (AP) — President Joe Biden’s upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, the White House said Wednesday. That deficit reduction goal is s...
SEC will have its work cut out fighting Grayscale legal…
In its legal battle against the SEC’s denial of a bitcoin ETF, Grayscale has begun with a bang and has presented a strong case. A strong legal team Grayscale has gone into the fight with a powerhouse ...
Americans Are Tipping More—And More Often. The IRS Wants Its Cut.
Thanks to gratuity-goosing point of sale terminals, the tip take is on the rise. Now the feds are eyeing that same digital path to collect more of the taxes owed on tip income. The skies in Raleigh, N...
Tesla says it will cut costs of next generation cars in half
DETROIT (AP) — Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories. CEO Elon Musk and other executive...
Goldman Sachs still open to crypto hires amid massive 3,200 staff cut
Goldman Sachs’ digital assets unit is reportedly open to bolstering its 70-strong team, despite a massive cost-cutting exercise at the firm last month that will see 3,200 employees clear their desks. ...
Brazil’s Petrobras Sinks on Fears It Will Cut Dividends, Subsidize Fuel
(Bloomberg) — Brazil’s state-controlled oil company Petrobras sank on growing concerns that it will slash dividends and start subsidizing fuel under President Luiz Inacio Lula da Silva. Most Rea...
Bitcoin Depot updates software in its ATMs to cut expenses
Bitcoin Depot has just migrated all 7,000 cryptocurrency ATMs and kiosks to a software-based service that BitAccess powers. After bitcoin Depot’s acquired a majority ownership stake in BitAccess in No...
Are Ankr Protocol’s long-term holders back to take their cut in the market
Several ANKR dormant addresses began transferring the token to exchange after a recent value hike. Investors sentiment has decreased but circulation remains high. Holders of Ankr Protocol [ANKR] might...
Moving in Retirement to Cut Tax Costs? Consider These 4 Factors First.
When an affluent suburban Chicago couple came to John Campbell, senior wealth strategist at U.S. Bank Private Wealth Management, planning to retire in New Mexico because of its weather and lower incom...
Panthalassa Narrowly Takes The $10 Million Victor’s Cut, Country Grammer Places, And Cafe Pharoah Shows
Arcadia, – December 26: Jockey Mike Smith riding Taiba wins the Malibu Stakes (Grade 1) race … [+] during Opening day of the winter-spring meet at Santa Anita Park in Arcadia on Monday, De...
‘Dilbert’ Comic Strip Cut By Publications Over Creator’s ‘Racist Rant’—Here’s What We Know
Topline The Plain Dealer will no longer carry the “Dilbert” comic strip, according to an announcement by the Cleveland newspaper, citing a recent “racist rant” by Scott Adams—who created the comic str...
Dapper Labs to Cut Down Staff by Another 20% amid Rebounding NFT Market
The CEO is linking the new job cuts to restructuring. Barely four months after laying off 22% of its staff, Dapper Labs is set to dismiss another 20% of its remaining staff. According to the letter se...
Intel Cut Its Dividend. Home Depot, McDonald’s, and Other Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
Britain’s taxes will be cut ‘as soon as we can afford to,’ finance minister says
Finance Minister Jeremy Hunt, in his hotly anticipated inaugural Autumn Statement, unveiled a sweeping £55 billion ($66 billion) fiscal plan. Anadolu Agency | Anadolu Agency | Getty Images U.K. Financ...
Intel Cut Its Dividend. These Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
What Top Favorite Taiba Has To Do To Rope In His $10-Million Cut Of The $20-Million Pot
Arcadia, – December 26: Jockey Mike Smith riding Taiba wins the Malibu Stakes (Grade 1) race … [+] during Opening day of the winter-spring meet at Santa Anita Park in Arcadia on Monday, De...
Intel dividend cut a result of ‘very specific issues’: DoubleLine’s Monica Erickson
American tech icon Intel (INTC) slashing its dividend on Wednesday isn’t a total shock to one money manager. “Intel is an interesting story because they have very specific issues going on ...
Right-Wing Calls To Cut Defense Would End Up Targeting The Republican Base
There is a move afoot among some Republicans in the House of Representatives to scale back the federal government’s discretionary spending in fiscal 2024 to the level prevailing in 2022. Discretionary...
Intel just announced its first dividend cut since 2000
Shares of Intel Corporation (NASDAQ: INTC) are in the green this morning even after the semiconductor behemoth announced a massive cut to its dividend. Intel cuts dividend to 12.5 cents a share On Wed...
In case you missed it, 7 big dividends: CBL hike, rumored Intel cut
By Davit Kirakosyan Investing.com — Here are some of the biggest dividend headlines you may have missed on InvestingPro this past week. Start your free 7-day trial to get this news first. CBL Pr...
Nail in the coffin for 2023 rate cut hopes in light of January inflation report
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implicatio...
Intel Stock Looks Better After the Dividend Cut, Says Morgan Stanley
Morgan Stanley is getting more optimistic about Intel stock following the chip maker’s decision to reduce its dividend. Earlier this week, Intel (ticker: INTC ) announced a 66% dividend cut, reducing ...