Check out the companies making headlines before the bell: Uber (UBER), DoorDash (DASH) – Uber fell 3.1% in the premarket while DoorDash tumbled 7.5%, following the news that Amazon (AMZN) struck a dea...
Tag: Economy
Crypto trading in Argentina increases after Economy Minister resigns
Cryptocurrency activities have been high in countries like Argentina, which are facing high inflation. The level of uncertainty over the country’s economic future seems to have increased after the res...
Investor delivers new tech ‘bubble’ warning
The recent tech rally may be doomed. Money manager Dan Suzuki of Richard Bernstein Advisors warns the market is far from bottoming — and it’s a concept investors fail to grasp, particularly when...
Oil stocks, Ford, Crocs and more
Check out the companies making headlines in midday trading. Ford Motor — Shares of the carmaker dropped nearly 3% and hit a new 52-week low after the company reported a slight increase in new vehicle ...
Putin Will Kill Russia’s Oil And Gas Economy And Ukraine Will Eventually Emerge Stronger
TOPSHOT – The mother of Ukrainian soldier Lubomyr Hudzeliak, who was killed during Russia’s invasion … [+] of Ukraine, mourns over his flag-draped coffin during his funeral at the Ly...
Stablecoins Becoming Attractive To Argentines After Economy Minister Quits
Stablecoins are now drawing the attention of people in Argentina after a top cabinet official resigned. As a result of the departure of Argentina’s economy minister in the face of a continuing economi...
What’s required to travel to Thailand? Only one Covid document now
Travelers wondering what it’s like to visit Thailand now may be interested to know the country is “allowing almost everything” again. That’s according to the Tourism Authority ...
“Global economy can be fixed by digital transformation & blockchain technology,” says H.E. Justin Sun, Ambassador for Grenada to the WTO
H.E. Justin Sun, the founder of TRON, joined the Grenada Government as its WTO Ambassador last December. He talked about some serious issues at the Twelfth Ministerial Conference (MC12) of the World T...
Asian Stocks Mixed, Worries of a Slowing Economy and Sticky Inflation Shadow
By Zhang Mengying Investing.com – Asia Pacific stocks were mixed on Tuesday morning, and worries about a slowing economy and sticky inflation continued to weigh on the market. Japan’s Nikkei 225 gaine...
Stock futures are flat after another losing week on Wall Street
Traders on the floor of the NYSE, July 1, 2022. Source: NYSE Stock futures were flat in overnight trading after the major averages finished another losing week. Stock futures tied to the Dow Jones Ind...
Argentines Embrace Crypto Following Resignation of Economy Minister
The South American country has been battling high inflation and monetary instability for decades. Its problems seem to have deepened since yesterday (July 3) the Minister of Economy – Martin Guzman – ...
Argentinians turn to crypto after economy minister resigns
Argentina’s Economy Minister Martin Guzman announced his resignation on June 3, pushing citizens to seek hedges in crypto and causing the price of Tether to gain 6.6% against the Argentian peso, Bloom...
Argentinians Seek Shelter in Stablecoins after Economy Minister Resignation
Argentinians have taken refuge in stablecoins after the nation’s economy minister Martin Guzman resigned over the weekend attributed to the financial crisis crushing the South American country, report...
Stock Market Faces Earnings Shock as Economy Falters
(Bloomberg) — Don’t let optimism among equity analysts fool you: Earnings forecasts are likely to be slashed as spiraling inflation and rising interest rates put the brakes on spending. Most Rea...
USD stablecoin premiums surge in Argentina following economy minister’s resignation
Argentina, a country with one of the highest crypto adoption rates in the world, saw the price of dollar-pegged stablecoins surge across exchanges on Saturday after the abrupt resignation of its Econo...
Unconvincing price moves as the economy cools
This post was originally published on TKer.com. Inflation data released last week was mixed. It certainly wasn’t the “clear and convincing” evidence of cooling prices that the Federal Reserve has been...
Global economy can be fixed by digital transformation & blockchain technology,” says H.E. Justin Sun, Ambassador for Grenada to the WTO
H.E. Justin Sun, founder of TRON, joined the Grenada Government as its WTO Ambassador last December. He talked about some serious issues at the Twelfth Ministerial Conference (MC12) of the World Trade...
Germany Risks a Cascade of Utility Failures, Economy Chief Says
(Bloomberg) — Germany should prepare for deeper cuts in Russian gas supplies because President Vladimir Putin is pursuing a conscious strategy of driving up prices to undermine European unity, E...
Elon Musk now thinks there’s a greater than 50-50 chance that the economy will decline. Here are 3 simple ways to protect your money
‘Recession is inevitable’: Elon Musk now thinks there’s a greater than 50-50 chance that the economy will decline. Here are 3 simple ways to protect your money The U.S. economy made a strong recovery ...
EUR/USD Forex Technical Analysis – Pressured by Pessimism about Outlook for Global Economy
The Euro is trading lower late in the session on Friday as pessimism about the outlook for the global economy boosted demand for the safe-haven U.S. Dollar. The single currency is hovering just above ...
Augmented Reality, Creator Economy, B2B Marketing & More
The Cannes Lions Grand Prix Trophy picture alliance via Getty Images After three years, the Cannes Lions International Festival of Creativity brought back in-person attendance for the first time since...
Vladimir Putin Says West’s Attempt to ‘Crush the Russian Economy’ Did Not Succeed – Economics Bitcoin News
Last week the Russian ruble hit a seven-year high against the U.S. dollar and while analysts have downplayed the rise, one economist said people should not “ignore the exchange rate.” American economi...
FTX signs a deal giving it the option to buy crypto lender BlockFi
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images FTX has signed a deal giving it...
No Soft Landing, No Return to Normal for US Economy, Says Fed
Jerome Powell, the Chairman of The Federal Reserve, has conceded that a so-called “soft landing” for the U.S. economy is something he cannot guarantee. Powell went on to say that the COVID-19 pandemic...
Star Atlas Unveils Its Report Titled “State Of The Economy”
ATMTA has published its report titled State Of The Economy with insight on various tools and data about the Star Atlas economy. The Department of Economics stepped forward to come out with the quarter...
Technology Stocks Head for Historic Wipeout as US Economy Cools
(Bloomberg) — Skeptics have long made a sport of predicting that the decade-long rally in technology stocks was destined to reverse. At the halfway point of 2022, it seems like this is the year ...
Economist Roubini: Why Stocks Poised for 50% Wipeout
The stock market is off to its worst start to a year since 1962, with the S&P 500 dropping 21% in the first half of 2022. Meanwhile, many experts are warning that a recession is likely within the ...
Opinion: The chip boom likely over, as Micron says it’s in a ‘downturn’
The semiconductor boom of the past two years appears to be ending. Memory-chip maker Micron Technology Inc. MU, -1.32% gave a downbeat forecast for its next fiscal quarter Thursday, predicting a massi...