Roses are red, violets are blue, will CPI turn into the stock market’s Waterloo? The inflation data showed higher prices remain sticky, even if overall pressure eased a bit. The stock market seems to ...
Tag: U.S.
Twilio News And Twilio Stock Outlook
SOPA Images/LightRocket via Getty Images Key takeaways Customer engagement company Twilio announced plans to cut 17% of its workforce, which is approximately 1,500 jobs The company is making changes t...
Goldman Sachs CEO David Solomon on soft landing odds for U.S. economy
David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 23rd, 2023. Adam Galica | CNBC Goldman Sachs CEO David Solomon said Tuesday that th...
What Is A Rolling Recession?
Getty Images Key takeaways A rolling recession impacts different industries at varying times Many investors fear that the U.S. is entering a rolling recession High inflation and a seemingly overheated...
U.S. Regulatory Crackdown on Crypto Market Intensifies Ahead of CPI Data Release
The crypto market is getting tested for its resilience following the heightened regulatory crackdown from key agencies in the United States. With the total crypto market capitalization down approximat...
Is China-Decoupling A Myth?
2022 witnessed an historic high in U.S.-China bilateral trade. getty For the second year running, trade and investment between the U.S. and China have increased. This, despite Washington’s escalating ...
U.S. inflation is ‘far stickier’ and could last a decade
U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management. Wall Street is gearing up for key infl...
This Filmmaker Fought U.S. Consulates To Save Jews From The Nazis
Jewish refugees from Germany, refused admission to Cuba and the United States, are shown waving … [+] goodbye to friends and relatives as the German Liner St. Louis, prepared to leave Havana har...
On-Chain Art Goes IRL: The Largest Collection Of NFTs To Enter A U.S. Museum
This week was host to the biggest acquisition of blockchain-based art from an American museum. The new additions of nearly two dozen NFT art pieces were gifted to one of Los Angeles’ most recognizable...
Part I – Administrative Waste And Inefficiencies
This is the first in a four-part series on the Health Affairs Council on Health Care Spending and Value’s newly released report, “A Road Map for Action.” Each piece will detail one of the four priorit...
EminiFX CEO Pleads Guilty to $248 Million Fraud as per U.S DOJ
6 hours ago | 2 mins read Bitcoin News The CEO agreed to give back approximately $248 million as per DOJ. Eddy advertised EminiFX as a passive income platform. With his guilty plea to commodities frau...
Binance USD Given Fatal Blow by U.S. Regulator
Key Takeaways Paxos will stop minting new BUSD tokens starting February 21. The decision came following new instructions from the NYDFS. The SEC is also reportedly planning on suing the company. Share...
Americans’ Satisfaction With U.S. Immigration At Lowest Point In Decade
Topline Americans are less satisfied with the level of immigration into the U.S. than they have been at any point since 2012, according to a new Gallup poll, as the crisis at the border that’s caused ...
U.S. stock futures point to cautious open as inflation data looms
U.S. stock futures were barely changed as wariness over inflation and rate rises suppressed risk appetite. How are stock-index futures trading S&P 500 futures ES00, +0.14% rose 2 points, or less t...
China Says U.S. ‘Illegally’ Flew Balloons Into Its Airspace At Least 10 Times As Tensions Mount Over Military Takedowns
Topline China on Monday accused the U.S. of illegally flying high altitude balloons into the country’s airspace more than 10 times since the start of last year, according to news reports, deepening te...
U.S. Future At Stake With Crypto Staking? What’s Next?
This week, a lucrative sector of the cryptocurrency industry that was rapidly becoming the backbone of many networks to save on energy consumption unlike Bitcoin, received a shock to the system. A lit...
Philipp Plein’s Plein Sport Launches U.S. Expansion In NYC With Hip Hop Legend Jadakiss
Jadakiss performs at the launch of Philipp Plein’s first U.S. Plein Sport store in New York’s Soho PLEIN SPORT Hot on the (tiger embossed) heels of the Plein Sport presentation during Janu...
Traders brace for a blowup as cost of protection for U.S. stocks hits highest level since October
The cost of hedging against another equity market blowup has risen to its highest level since October as investors brace for a surge in volatility as U.S. stocks head for their worst week in nearly tw...
Former Notre Dame Star Runner Yared Nuguse Breaks U.S. Indoor Mile Record, Just Shy Of World Mark
NEW YORK, NEW YORK – FEBRUARY 11: Yared Nuguse poses next to the sign after winning the Rudin Men’s … [+] Wanamaker Mile and setting an American record during the 115th Millrose Game...
Kraken Agrees to Cease Staking Services for U.S. Clients
The United States Securities and Exchange Commission and the cryptocurrency exchange Kraken have come to an agreement that will result in Kraken no longer providing staking services or programs to cus...
‘Hogwarts Legacy’—Amid J.K. Rowling Controversy—Charts Record-Breaking PC Release
Topline Hogwarts Legacy, an action role-playing game based on the Harry Potter universe, had one of the largest single-day releases for a PC game Friday, according to SteamDB, despite controversy and ...
The U.S. government’s regulatory strategy towards crypto firms
According to Nic Carter, co-founder of venture firm Castle Island and crypto intelligence firm Coin Metrics, the alleged strategy involves isolating the traditional financial system from the cryptocur...
U.S. Federal Reserve Governor Compares Crypto Assets to Baseball Cards, Argues They’re Just Speculative
A high-ranking crypto-skeptic in the U.S. Federal Reserve thinks digital assets are like baseball cards and have no intrinsic value. Christopher J. Waller, one of the seven members of the Fed’s Board ...
British Story Reading Event Marred By Protest, Arrest
Topline One person was arrested during a right-wing protest of a drag queen storytelling event in London Saturday, according to multiple reports, complementing an effort by conservatives in the U.S.—w...
Everything We Know About The ‘High-Altitude Object’ Shot Down Over Alaska
Topline An unidentified object moving over Alaskan air space was shot down by the U.S. military Friday afternoon, though Pentagon press secretary Brig. Gen. Pat Ryder noted little was known about the ...
Study Suggests A Link Between Air Pollution And Depression
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images There was an interesting stu...