Digital entertainment and esports brand FaZe Clan began trading on the Nasdaq Wednesday after completing a SPAC merger in a deal valued at $725 million, a big step for creator economy companies to be ...
Tag: Economy
What Main Street and the economy need from Congress: Goldman Sachs CEO
Pawel Toczynski | The Image Bank | Getty Images The U.S. economy is going through one of the most difficult periods I’ve seen in my 40-year career. Inflation, labor shortages, supply chain disru...
Baker Hughes, Biogen, Netflix and more
Check out the companies making headlines before the bell: Baker Hughes (BKR) – The oilfield services company reported second-quarter adjusted earnings of 11 cents per share, just half of what analysts...
Bitcoin (BTC) climbs above $23,000
The world’s largest cryptocurrency is down roughly 50% since the start of 2021. CFOTO | Future Publishing | Getty Images Bitcoin broke the $23,000 threshold for the first time in more than a mon...
Here is The Next Big Threat to the Economy According to Sam Bankman Fried – Coinpedia – Fintech & Cryptocurreny News Media
Sam Bankman Fried, CEO of FTX, went into great detail on what he sees as the next major risk. The largest issue facing the globe and its economy, in SBF’s opinion, is how we will respond to the next p...
Gemini Becomes First To Register In This European Economy
Gemini crypto exchange, owned by the Winklevoss brothers, has become the first in Ireland to be registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland. Also, the crypto e...
IBM, Boeing, Hasbro, Ford & more
IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines i...
Chingari’s GARI to Power the Creator Economy In Future
Chingari’s much-vaunted cryptocurrency token GARI came crashing down to Earth earlier this month after a whale dumped millions of dollars worth of coins on a major exchange, sending its price down mor...
Economic Turmoil Exposes Retail Industry’s Knee-Jerk Tactics
Economic Turmoil Exposes Retail Industry’s Knee-Jerk Tactics getty The fallout from two years of economic volatility, and now a developing recession, is forcing leading retailers to come to terms with...
U.S. Treasury Secretary on supply chain resilience: Use friend-shoring
U.S. Treasury Secretary Janet Yellen (pictured here at a news conference, ahead of the G-20 meeting in Bali on July 14), said supply chain resilience is a key focus of the Biden-Harris administration....
China U.S. debt holdings go under $1 trillion for 1st time in 12 years
The U.S. Treasury building in Washington, D.C. Bloomberg | Bloomberg | Getty Images China’s holdings of U.S. debt have fallen below $1 trillion for the first time in 12 years amid rising interes...
See Sam Bankman Fried’s Warning About The Next Big Risk To Economy
FTX CEO Sam Bankman Fried described in detail what he believes to be the next big risk. According to SBF, the biggest question facing the world and world economy is how we handle the next pandemic. S...
Charlie Munger Not Worried About Inflation, Economy
Berkshire Hathaway’s Charlie Munger discussed his outlooks on the economy, oil, renewable energy and cryptocurrency after his recent personal investment in an Australian investment company. Bill...
Goldman Sachs looking at reinstating year-end job cuts as economic outlook dims
People walk by the New York Stock Exchange on May 12, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Goldman Sachs has slowed its hiring and is looking to cut the fees that it...
Goldman Sachs, Delta, Boeing, Tesla and more
David Solomon, chief executive officer of Goldman Sachs & Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bl...
Goldman CEO David Solomon says inflation is ‘deeply entrenched’ in the global economy
Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery ...
Supply chain issues are hindering 737 Max production increase
An aerial view of several Boeing 737 MAX airplanes parked at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing CEO Dave Calhoun on Mo...
How small businesses are fighting inflation and fear of a recession
Isabel Garcia Nevett is once again making adjustments to her business. After navigating the pandemic and dealing with rising inflation, she’s now thinking about how her Miami-based chocolatier,...
Airfares cool as peak summer travel season fades. Now what?
Passengers are seen at the Delta Air Lines check-in counters at Hartsfield-Jackson Atlanta International Airport ahead of the Fourth of July holiday in Atlanta, Georgia, July 1, 2022. Elijah Nouvelage...
China Giving Off Lehman Brothers Energy Across The Economy
After Evergrande sold its stake in the Vertex, a residential development in Hong Kong, homebuyers suddenly discovered they were at risk of losing their deposits because Evergrande’s financing un...
Stock futures inch higher ahead of a busy week of earnings
U.S. stock index futures were modestly higher during overnight trading Sunday as Wall Street looks ahead to a busy week of earnings. Futures contracts tied to the Dow Jones Industrial Average added 0....
Reasons To Be Optimistic About The Economy And The Environment
Pittsburgh in 1940 and Today. Source: (Top) Pittsburgh City Photographer Collection, 1901–2002, AIS.1971.05, Archives Service Center, University of Pittsburgh. Public domain. (Bottom) Photo by Corey G...
the token economy is the next “big thing”- The Cryptonomist
LL Group (Look Lateral) is a US fintech group whose core business is the creation of new financial products based on the tokenization of alternative assets, from collectibles to sports rights, created...
A New Study By CVS Shows That People Want More Personalized & Curated Care
The newly released CVS Health 2022 Health Care Insights Study illuminates the current state of healthcare and the changing notions of consumer preferences. A lot has changed with regards to healthcare...
Mortgage rates rebound as US economy comes to grips with an ‘uncomfortable’ future
Mortgage rates rebound as US economy comes to grips with an ‘uncomfortable’ future After a two-week break, U.S. mortgage rates began climbing again this week, a new report shows. The higher 30-year fi...
Sales rose more than expected in June as consumers remain resilient despite inflation
A pedestrian carries a shopping bag while walking through Union Square on May 17, 2022 in San Francisco, California. Justin Sullivan | Getty Images Consumer spending held up during June’s inflat...
UnitedHealth, Wells Fargo, Pinterest and others
Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s stock rose 1.7% in the premarket after its quarterly earnings and revenue beat forecasts, and ...
These new ETFs are burning the midnight oil to make investors money
Two new ETFs out this summer are working the overnight shift. The NightShares 500 [NSPY] and NightShares 2000 ETFs [NIWM] are doing something no ETF has done before: Take advantage of the so-called &#...