Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters...
Tag: Economy
Retail sales September 2022:
Customers shop at the GU Co. store in the SoHo neighborhood of New York, US, on Friday, Oct. 7, 2022. Gabby Jones | Bloomberg | Getty Images Consumer spending was flat in September as prices moved sha...
Stocks making the biggest moves premarket
Check out the companies making headlines before the bell: Albertsons (ACI) – Albertsons lost 4.1% in the premarket after announcing a merger deal with supermarket rival Kroger (KR). Albertsons surged ...
Nigeria Can Become World Leader in the Digital Economy Says Vice President Yemi Osinbajo – Africa Bitcoin News
According to Nigerian Vice President Yemi Osinbajo, his country is well-positioned to become a global leader in the digital economy. However, for that to happen, Nigeria must choose the right approach...
Amazon Sends New Warnings About the Economy
Amazon (AMZN) is determined to be well prepared to weather the sharp economic downturn on the horizon without a big scratch. The e-commerce giant, which is one of the barometers of the health of th...
BofA warns that the US economy will start to lose 175,000 jobs per month during Q1 of 2023, expects a ‘harder landing’ rather than a softer one — here’s why
BofA warns that the US economy will start to lose 175,000 jobs per month during Q1 of 2023, expects a ‘harder landing’ rather than a softer one — here’s why The latest jobs report shows that the U.S. ...
Digital World, Domino’s, Revlon, Albertsons and more
Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Digital World Acquisition — The...
Delta Air Lines (DAL) earnings 3Q 22
A Delta Airlines Airbus A-350 aircraft, flight number DL40 bound for Los Angeles takes off from Kingsford Smith International Airport on July 26, 2021 in Sydney, Australia. James D. Morgan | Getty Ima...
Here’s the inflation breakdown for September 2022 — in one chart
Inflation was a bit hotter than expected in September, with monthly gains fueled primarily by housing, food and medical care, the U.S. Bureau of Labor Statistics said Thursday. Inflation measures how ...
Cardano Creator Charles Hoskinson Predicts Crypto Markets Will Decouple Into Their Own Economy
Cardano (ADA) co-creator Charles Hoskinson predicts cryptocurrencies will decouple from traditional markets within two or three years. In a new interview with Fox Business News, Hoskinson says he init...
Delta, Walgreens, Applied Materials and others
Check out the companies making headlines before the bell: Delta Air Lines (DAL) – The airline’s stock rose 3.9% in the premarket on the strength of an upbeat current-quarter forecast as travel d...
Consumer price index September 2022:
Prices consumers pay for a wide variety of goods and services rose more than expected in September as inflation pressures continued to weigh on the U.S. economy. The consumer price index for the month...
China’s Bursting Housing Bubble Will Rock the Economy for Years
(Bloomberg) — The wave of stimulus aimed at reviving China’s housing market — billions in bank loans, interest rate cuts and support for developers — has done little to help Echo sel...
Moody’s Mark Zandi sees relief within 6 months
The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation report, hinges on oil prices s...
Digital World, Victoria’s Secret and more
The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines after-hours. Digital World — Th...
Fed minutes October 2022:
Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain in place until prices come down, according t...
Ocean Protocol’s veTokenomics Kickstart a Decentralized Data Economy and Data Finance
The exchange and monetization of data is a valuable yet unknown opportunity in Web 3.0, as blockchain technology can solve challenges related to the secure access of datasets. Ocean Protocol’s ecosyst...
Moderna, Pepsi, Lyft and more
Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Mario Tama | Getty Images Check out the companies making the biggest moves midday Wednesday: Modern...
United adds new trans-Atlantic flights for summer 2023 in bet on travel recovery
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines is planning another big schedule increase for trans...
What is happening in the UK – is the economy crumbling?
I’m struggling to think of a more inauspicious start to a political reign than Lizz Truss’ as Prime Minister of the UK. Scarcely a minute into the role, she announced what has turned into an utterly d...
PepsiCo, Intel, Philips and more
Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly profit of $1.97 per share, 13 cents above estimates, with revenue ...
Producer price index September 2022:
Wholesale prices rose more than expected in September despite Federal Reserve efforts to control inflation, according to a report Wednesday from the Bureau of Labor Statistics. The producer price inde...
Further 20% fall in U.S. stocks ‘certainly possible’: IMF director
A shift in investor sentiment could see a further 20% downside for U.S. stock markets, according to the International Monetary Fund’s director of monetary and capital markets. IMF research found...
Community interaction beaming through the crypto space: Blockchain Economy Dubai 2022
The Blockchain Economy Dubai Summit 2022 highlighted that the crypto community is eager to engage and interact with fellow community members. Even though one of the stars of the show is a talking robo...
Sweat Economy (SWEAT) Price May Work up a Head of Steam
Sweat Economy (SWEAT) is the new move-to-earn platform currently riding high on the download charts, but is it the stuff of chumps, or of champions? Here, Be[In]Crypto takes a closer look at the lates...
Consumer inflation and spending expectations show sharp decline
A gasoline nozzle pumps gas into a vehicle in Los Angeles, California on August 23, 2022. Frederic J. Brown | AFP | Getty Images Inflation expectations and the outlook for household spending growth fe...
N26 losses widen after ramping up spending on fraud controls
The logo of German online bank N26 displayed on a smartphone. Thomas Trutschel | Photothek via Getty Images German mobile bank N26 reported Tuesday a sharp rise in annual revenues as usage of its plat...
IPA Approval Enhances Coinbase’s March Towards Crypto Economy
Coinbase has received In-Principle Approval to act as a Major Payment Institution and offer regulated Digital Payment Token services & products. The In-Principle Approval has been granted by the M...
More flights in Asia may cause airfares to fall, but it may take time
Many flights that were canceled during the pandemic are returning to the skies this month. Last week, Singapore Airlines and Scoot announced they’re adding dozens of flights to cities across Asi...
U.S. should pump more oil to avert war-level energy crisis: JPMorgan’s Jamie Dimon
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images JPMorgan ...