At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued mo...
Tag: Economy
Home Depot, Macy’s, Medtronic and others
Check out the companies making headlines before the bell: Home Depot (HD) – The home improvement retailer’s stock rose 1% in the premarket after its quarterly profit and revenue beat Wall Street...
Singapore’s GLP To Invest $13 Billion In Maiden Data Center Projects In Japan As Digital Economy Booms
Network and internet communication technology concept, data center interior, server racks with … [+] telecommunication equipment in server room getty Singapore-based real estate developer and as...
As We Emerge From The Covid-19 Pandemic, We Must Build Back Better
Over the last two years, the global Covid-19 pandemic has proven that no part of our lives is immune to its destructive forces. A complete economic and social moratorium has been the standard governme...
Bank of America: ‘Recession Risks Rising,’ Putting Stocks at Risk Too
If you fear that interest-rate hikes by the Federal Reserve could push the economy into recession, you’re not alone. Bank of America (BAC) – Get Bank of America Corp Report has the same concern....
Olaf Scholz says West must keep Russia guessing on sanctions
German Chancellor Olaf Scholz on Saturday rejected calls from Ukraine’s president to sanction Russia now, saying that Moscow should not be sure “exactly” how the West will respond to...
Fed will hike rates regardless if Biden’s nominees are confirmed, economists say
Federal Reserve Chairman Jerome Powell leaves a meeting in the office of Sen. Chris Van Hollen, D-Md., in Hart Building on Wednesday, October 6, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images ...
Decentralization revolutionizes the creator’s economy, but what will it bring?
From video game enthusiasts monetizing their passions as shout casters to fashion influencers supercharging their careers into livestreamers on e-commerce platforms, the creator economy flourished, ev...
What’s behind the congestion at U.S. ports
The Port of Los Angeles, the busiest port in North America, saw record volume in 2021. Container volume at the port, including imports like furniture and apparel, surged to a record 10.6 million TEUs ...
Fed approves rules banning its officials from trading stocks, bonds and also cryptocurrencies
Federal Reserve officials won’t be able to trade a slew of assets including stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday. Following up on regulation...
My kids won’t wear Covid masks in school when mandate lifts later this month
Dr. Scott Gottlieb told CNBC on Friday his children “won’t be wearing a mask” when their local school district’s Covid face-covering mandate lifts later this month. “If i...
DraftKings, Roku, Deere and others
Check out the companies making headlines before the bell: DraftKings (DKNG) – The sports betting company’s stock tumbled 13.2% in the premarket, despite a narrower-than-expected quarterly loss a...
Soros Casts Shade On China’s Economy In Most Tantalizing Way
George Soros delivers a speech on the sideline of the World Economic Forum (WEF) annual meeting, on … [+] January 23, 2020 in Davos, eastern Switzerland. FABRICE COFFRINI/AFP via Getty Images In...
Is it safe to travel if I’m vaccinated and recovered from Covid
Millions of people are now vaccinated, boosted and newly recovered from Covid-19 infections caused by the omicron variant. They have what some outside the medical community have labeled “super i...
Fed’s Bullard says inflation ‘could get out of control’ so action is needed now
James Bullard Olivia Michael | CNBC NEW YORK — St. Louis Federal Reserve President James Bullard cautioned Thursday that without central bank action on interest rates, inflation could become an even m...
Third-Largest US Oil Company Eyes Potential New Revenue Stream From Bitcoin (BTC) Economy: Report
The third-largest oil company in the US is reportedly generating additional income in the Bitcoin (BTC) economy. CNBC reports that the Texas-based ConocoPhillips launched a Bitcoin pilot project in No...
Walmart, AutoNation, Cisco and others
Check out the companies making headlines before the bell: Walmart (WMT) – Walmart stock rose 2.9% in the premarket after the retail giant reported better-than-expected quarterly results. Walmart earne...
Digital Rupee Will Strengthen Digital Economy, Revolutionize Fintech – Coinotizia
India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee will also revolutionize the fintech sector by creating new op...
Insider tips on visiting French wineries beyond Bordeaux and Burgundy
More wineries in France are opening to visitors, said a French wine tourism expert. Of France’s 87,000 wineries, only 13% were open to the public five years ago, said Martin Lhuillier, head of...
Walmart May Soon Become The Largest Primary Care Provider In The Country
Over the years, Walmart has proven time and again its deep-rooted resilience, ability to adapt, and commitment to innovation. For decades now, the company has been known as a retail powerhouse, consis...
Minutes show Fed ready to raise rates, shrink balance sheet soon
Federal Reserve officials set plans into motion at their most recent meeting to begin raising interest rates and shed the trillions of dollars in bonds on the central bank balance sheet, according to ...
Roblox, Shopify, Upstart and more
In this photo illustration the logo of Canadian e-commerce company Shopify Inc. is displayed on a smartphone. Thomas Trutschel | Getty Images Check out the companies making headlines in midday trading...
Restauranteur says he spends around $750,000 on security to deal with unruly diners
Cameron Mitchell, chief executive of Cameron Mitchell Restaurants, told CNBC on Wednesday that unruly diners have cost his business $750,000 a year, on top of supply chain snarls and rising inflation ...
Retail sales January 2022:
Consumer spending bounced back sharply in January as rising inflation and a post-holiday surge kept cash registers ringing, the Commerce Department reported Wednesday. Retail sales for the month rose ...
Generac, Shopify, La-Z-Boy and others
Check out the companies making headlines before the bell: Generac (GNRC) – The maker of generators and power equipment saw its stock rise 2.6% in the premarket after beating top and bottom-line estima...
Stock futures inch lower after major averages snap 3-day losing streak
U.S. stock index futures were slightly lower during overnight trading Tuesday, after registering gains on the session amid signs of tensions easing between Russia and Ukraine. Futures contracts tied t...
Airbnb, Roblox, Wynn Resorts & more
The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Check out the companies making headlines in af...
Vote on Biden Fed picks delayed as GOP presses for answers on Raskin ties to firm
A Republican boycott Tuesday held up a Senate committee vote on the appointment of a top banking regulator and Federal Reserve Chairman Jerome Powell. Sen. Sherrod Brown, head of the Senate Banking Co...
RBI deputy governor concerned about crypto’s impact on India’s economy
The government and the banks themselves are still trying to figure out the meaning and the nature of digital currencies. In the eyes of the RBI Deputy Governor Rabi Sankar, cryptocurrencies should be ...
Avis Budget, Arista Networks & more
People wait in line at Avis rental agency in the Miami International Airport Car Rental Center on April 12, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines a...