Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis | Reuters Amazon founder Jeff Bezos has become the latest corpo...
Tag: Economy
Understanding the NFT Economy – Coindoo
Non-Fungible Tokens (NFTs) are the new-age digital assets representing commodities such as artwork, collectibles, and virtual in-game items collected in virtual worlds like Decentraland. These tokens ...
Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation – Economics Bitcoin News
Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. “The consumers basically have more money in ...
Biden Says US Economy Is ‘Strong as Hell’ — White House Claims the President ‘Has Done the Work’ to Fix Inflation – Economics Bitcoin News
U.S. President Joe Biden has been criticized for stating that the U.S. economy is “strong as hell” as inflation rises to a 40-year high. Meanwhile, the White House claims that Biden understands and “h...
Goldman CEO says there’s a good chance of a recession and so it’s time to be cautious
Goldman Sachs CEO David Solomon warned Tuesday that the U.S. economy might be headed for a downturn that could make investing and business decisions more difficult. “I think it’s a time to...
Johnson & Johnson, Goldman Sachs, fuboTV and more
Here are the companies making headlines before the bell: Johnson & Johnson (JNJ) – Johnson & Johnson shares rose 1.4% in the premarket after beating top and bottom line estimates for the third...
Family Offices Could Teach UK Banks A Thing Or Two About Uncapped Bonuses
The move was proposed by former chancellor Kwasi Kwarteng in a bid to make London more attractive … [+] for global banks and for workers amid what is being widely described as a talent shortage....
Data Shows US Economy Shrinks Amid Recession while Crypto Surges in Bearish Rally
The NY Empire State Index, which shows the state of business conditions in New York, on Monday released a new data indicating a significant weakness in the US economy. The data showed that manufacturi...
When will Asia’s travel industry recover? Maybe as soon as 2023
A new report indicates the travel industry in Asia-Pacific may be the only one in the world to recover by 2023. This year’s “Travel & Tourism Economic Impact” report — an annual ...
Low Mississippi, retail overstock trailers: Latest supply chain stress
The towboat Roberta Tabor pushes barges up the Mississippi River in Granite City, Illinois, US, on Friday, July 9, 2022. Grain transport is down from peak levels, but water level on the river is now a...
The JIG’S UP For The World Economy
LONDON,UNITED KINGDOM – DECEMBER 16: In this photo illustration a collection of global paper … [+] currency, on December 16,2021 in London, England. (Photo by Peter Dazeley/Getty Images) G...
Roblox, Continental Resources, Fox Corp and more
Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox — Roblox shares shot up 21% after the online gaming company reported metrics ...
Bank of America CEO Brian Moynihan says the U.S. consumer is healthy
Pedestrians pass in front of a Bank of America branch in New York. Mark Kauzlarich | Bloomberg | Getty Images Consumers are financially resilient, despite high inflation and concerns the U.S. is neari...
Party Congress Speech Prioritizes The Economy
Key News Asian equities were largely higher overnight though Japan, Taiwan, and Australia were down. The key news was President Xi’s two-hour Sunday speech, which kicked off the week-long Party Congre...
Scotland’s Leader Sturgeon She Still Wants Independence From The UK
First Minister of Scotland Nicola Sturgeon speaks to students during an event at Stanford University … [+] in Stanford, California on April 04, 2017. – Sturgeon discussed the international...
Bank of America Stock Leaps On Q3 Earnings Beat, Solid Loan Growth
Updated at 9:33 am EST Bank of America (BAC) posted better-than-expected third quarter earnings Monday, with solid net interest income gains offsetting the impact of big jump in provisions for bad l...
NEAR Platform Active Users Soar Courtesy Of ‘Sweat Economy’
NEAR, the native token of decentralized application (dApp) platform and Ethereum competitor Near Protocol, managed to pump its price over the last 24 hours. According to tracking from Coingecko, at th...
Finance Minister Jeremy Hunt delivers emergency policy statement
[The stream is slated to start at 6 a.m. ET. Please refresh the page if you do not see a player above at that time.] New U.K. Finance Minister Jeremy Hunt is announcing parts of his medium-term fiscal...
After two years of shipping snarls, things are starting to turn around
After two years of port congestions and container shortages, disruptions are now easing as Chinese exports slow in light of waning demand from Western economies and softer global economic conditions, ...
‘Growing wealth gap and rising inflation … hurt the global economy at almost every turn,’ Jamie Dimon says
What a difference 25 years can make. The world today is a markedly different place from the world that existed at MarketWatch’s inception in October 1997. JPMorgan Chase & Co. JPM, +1.66% CEO Jami...
The oil trade may have more juice despite a losing week
Even though WTI crude just saw its worst week in more than two months, the oil trade may have more juice left in the tank. Mirae Asset Securities’ Chris Hempstead told CNBC’s “ETF Ed...
Bitcoin Holding $19,000 Before CPI Data, Oryen Network A Good Bet Against A Failing Economy
Join Our Telegram channel to stay up to date on breaking news coverage CPI data can have a significant impact on the financial world. As a measure of the price change in a basket of common goods, it’s...
Bitcoin May Protect You as Economy Crashes, Markets Go Bust
Yuri Molchan Renowned investor in real estate and BTC believes Bitcoin is becoming much more important now, during unemployment crisis Contents “Economy crashes, stock markets go bust” ...
U.S. defense industry faces surging demand and a supply chain crunch
The war in Ukraine and rising tensions over Taiwan have caused demand for high-tech, American-made weapons to surge. And with the ongoing supply chain crunch and inflation continuing to rise, military...
R. Kiyosaki says Bitcoin can protect wealth ‘as economy crashes’, recommends side hustles
The author of the personal finance book ‘Rich Dad, Poor Dad’ Robert Kiyosaki, has reiterated his projection of a possible economic crash, warning that wealth is at stake. According to Kiyosaki, Bitco...
R. Kiyosaki says Bitcoin may protect wealth only, recommends side hustles ‘as economy crashes’
The author of the personal finance book ‘Rich Dad, Poor Dad’ Robert Kiyosaki, has reiterated his projection of a possible economic crash, warning that wealth is at stake. According to Kiyosaki, Bitco...
El Salvador’s Bukele Remains Popular Despite Bad Bitcoin Bets, Slumping Economy
El Salvador’s President Nayib Bukele bet on Bitcoin last September when he made it legal tender in the Central American nation and invested a lot of cash into the cryptocurrency himself. One year and...