[PRESS RELEASE – New Jersey, USA, 21st September 2022] Oraichain Labs US (OLUS), a new FinTech startup founded in the United States, is launching with the goal of modernizing and broadening access to ...
Tag: Markets
Costco Earning Beat Forecasts, Membership Fees Top $1.3 Billion
Updated at 5:30 pm EST Costco Wholesale (COST) posted better-than-expected fourth quarter earnings Thursday, with membership revenues topping $1.327 billion as new value-focused customers piled in t...
Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low – Economics Bitcoin News
While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank...
Gate Io Offers Zero-Fee Trading on Spot and Contract Markets
[PRESS RELEASE – Majuro, Marshall Islands, 21st September 2022] What’s better than low fees? No fees. Gate.io is excited to announce ZERO trading fees on most spot and contract market trading pairs. T...
The Stock Market Is Getting Crushed Again. But the Pain Is Almost Over.
Text size The Fed is trying to stamp out inflation by reducing economic demand, which is hurting the stock market. Michael M. Santiago/Getty Images The stock market has once again gone into selloff mo...
‘Investors Are Running out of Havens’ — Erratic Behavior in US Bond Markets Points to Deep Recession, Elevated Sovereign Risk – Economics Bitcoin News
Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hi...
Palantir CEO Alex Karp says tidal wave of macroeconomic risks will wipe out some companies
Alex Karp, CEO of Palantir arrives ahead of a “Tech For Good” meetup at Hotel Marigny in Paris on May 15, 2019, held to discuss good conduct for technology giants. Bertrand Guay | AFP | Ge...
U.S. approves Kigali Amendment to curb climate-warming chemicals
U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks to the media after the 51-50 vote passed the “Inflation Reduction Act of 2022” on Capitol Hill in Washington, D.C., U.S. August 7, 2...
Israeli Exchange Bits of Gold Becomes First Crypto Firm to Receive Capital Markets License
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Bitcoin Could Hit $500,000 in Next Decade, Says MicroStrategy’s Michael Saylor
Text size Bitcoin prices have plunged this year. Yuri Cortez/AFP/Getty Images Bitcoin could reclaim its November 2021 all-time high by 2026 and surge even higher if its valuation fundamentals change, ...
Robinhood jumps after report that SEC will not ban payment for order flow
A woman holds a smartphone with the Robinhood logo in the background. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Shares of retail brokerage Robinhood popped Thursday after a report tha...
Accenture, Darden Restaurants, home builders
Check out the companies making headlines before the bell: Accenture (ACN) – The consulting firm reported a better-than-expected quarterly profit and revenue, but gave a weaker-than-expected revenue fo...
Darden Restaurants (DRI) Q1 2023 earnings
An order of breadsticks from a Darden Restaurants Inc. Olive Garden Getty Images Darden Restaurants on Thursday reported mixed quarterly results but still reiterated its outlook for fiscal 2023. The p...
Trip.com says China hotel bookings are surpassing pre-pandemic levels
BEIJING — Hotel reservations in China have surpassed pre-pandemic levels since late June, booking site Trip.com said Thursday. Trip.com shares briefly fell by more than 7% Thursday in Hong Kong tradin...
$8 a gallon gas? RBC energy guru on why we should brace for higher oil prices
American consumers may have gotten a bit of a break from sky-high gas prices over the past few months as the prices for oil and natural gas in the U.S. have eased off their peaks from earlier this yea...
S&P 500 sees its third leg down of more than 10%. Here’s what history shows about past bear markets hitting new lows from there, according to Bespoke.
Stocks fell sharply after the Federal Reserve announced Wednesday that it was raising its benchmark rate by three-quarters of a percentage point as it battles inflation, with the S&P 500 continuin...
Keep your powder dry when it comes to Crown Castle
Moderna Inc: “I actually want to buy the stock. I know it can go lower, but I think it’s a really well-run company.” Texas Instruments Inc: “I think that it’ll make the q...
FTX in talks to raise $1 billion at valuation of about $32 billion
Sam Bankman-Fried speaks onstage during the first annual Moonlight Gala benefitting CARE – Children With Special Needs at Casa Cipriani on June 23, 2022 in New York City. Craig Barritt | Getty I...
Investors betting short term will miss out when Powell ‘wins’
CNBC’s Jim Cramer on Wednesday advised investors to think of the bigger picture when it comes to the Federal Reserve’s battle against inflation and its effect on the stock market. “T...
H.B. Fuller, KB Home, Lennar and more
Residential single family homes construction by KB Home Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3,...
Ukrainian President Zelenskyy addresses U.N. General Assembly
President of Ukraine Volodymyr Zelenskyy visits the Kharkiv region for the first time since Russia started the attacks against his country on February 24, in Kharkiv region, Ukraine on May 29, 2022.(P...
Defense Stocks Jump As Putin Warns; Watchdog Says Nuke Markets Set To Surge
In a brief national address Wednesday, Russian President Vladimir Putin once again implied his willingness to resort to nuclear weapons in an effort to escalate the invasion of Ukraine. U.S. defense s...
Coin Bureau Host Warns of Turbulent Winter Ahead for Crypto Markets, Says High Rates Could Pummel Bitcoin
The host of the Coin Bureau YouTube channel is warning that interest rate hikes will negatively impact crypto assets. The Coin Bureau host tells his 80,300 YouTube subscribers that Bitcoin (BTC) could...
Crypto Markets Remain Heavily Consolidated, While Some Altcoins Preparing for a Breakout!
The post Crypto Markets Remain Heavily Consolidated, While Some Altcoins Preparing for a Breakout! appeared first on Coinpedia Fintech News The broader crypto markets are experiencing a huge bearish p...
Rates raised by three-quarters of a percentage point
The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will keep hiking well above the current level. In its quest to bring d...
The Fed forecasts hiking rates as high as 4.6% before ending inflation fight
U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve, July 27, 2022 in Washington, DC. Drew Angerer | Getty The Federal Reserve ...
GSL Markets Review: How Does This Forex Broker Stand Out in A Crowded Market?
GSL Markets is a Forex trading platform that was designed with traders of all experience levels in mind. The management team has decades’ worth of expertise, giving them real-world knowledge about wha...