Gold futures fell sharply on Wednesday as US government interest rates resumed rising and the dollar strengthened, pushing up precious metal prices. The move comes a day after Gold gave its first win in six sessions. “Gold once again ignores anything but these bond yields,” Fawad Razaqzada, a market analyst at […]
Launched in 2014, StoryBites is a weekly feature from YourStory, with remarkable quotes in our articles over the past week (see previous post here). Share these 40 gems and insights from the week of February 22-28 with your colleagues and networks, and look back at the original articles for more insight. […]
Another week, a new wave of bitcoin surprises. Keep in mind that the price of the digital currency has skyrocketed dramatically; or that Elon Musk, the flamboyant founder of Tesla, is reported to have reaped more profits for the company from bitcoin investment compared with the production of electric vehicles last […]
The Bank of America Global Research team says that the continuing lack of diversity in corporate America can prove very costly for the US economy in the long run. “Continued racial inequality could cost the U.S. economy $ 1-1.5 trillion in lost consumption and investment over the next decade,” BofA’s team […]
Happy hump day, you all. There are a lot of headlines to look at, so let’s dive into some of the topics that will be presented in Wednesday’s edition of TheStreet Live With Jim Cramer and Katherine Ross. Dave Portnoy’s Partners Up to Help Launch BUZZ ETF Portnoy noted that he […]
First-time homebuyers do not need another report that tells them how difficult it is to get a foot in the door, but the Denver subway continues to rank as one of the least affordable housing markets off any of the coasts, according to a new study from NerdWallet. If that wasn’t […]
500 Startups and Sanabil Investments, a subsidiary of Saudi Public Investment Fund, has launched a new fund and accelerator program to invest in start-up start-up and seed stages in the Middle East and North Africa. The fund will be led by Amal Dokhan who joins as a partner and 500 Startups […]
Irvine, CA, March 03, 2021 (GLOBE NEWSWIRE) – FDCTech, Inc. (“FDC” or “Company”, OTCQB: FDCT), a fintech company with a complete range of FX technology and business solutions, announced today that it accepts Bitcoin (BTC) as a customer payment option. This initiative enables non-US customers to seamlessly pay technology and software […]
Beckham provides a proven track record of success in managing all aspects of business administration. Tweet this “Marla provides strong financial experience, in-depth knowledge and operational insights that will be crucial as Cyber Defense Labs continues to grow and serve more companies seeking a trusted, trusted partner for cyber risk management,” […]
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of coronavirus (COVID-19) in New York City, USA, April 26, 2020. Jeenah Moon / Reuters About 29% of investors see COVID-19 variants as the biggest risk for the markets, according to a JPMorgan […]
Editor’s note: With so much market volatility, stay up to date on the daily news! Get caught up in a few minutes with our quick summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The gold market is still under pressure and trading is close to […]
Ask any entrepreneur and they will tell you that the first step to success is to start. Yet so many people still feel trapped in the rat of life and dream of a life in which they are responsible. But if so many dream of it, why do so few really […]
March 3, 2021 past The Gabber Next week, Gulfport voters from across the city will choose who sits on two council seats. We have interviewed the candidates and written about many aspects of their campaigns and goals in recent months. This week, we have reviewed the latest financial reports from each […]
Happy hump day, you all. There are a lot of headlines to look at, so let’s dive into some of the topics that will be presented in Wednesday’s edition of TheStreet Live With Jim Cramer and Katherine Ross. Dave Portnoy’s Partners Up to Help Launch BUZZ ETF Portnoy noted that he […]
US stock markets were mixed in morning trading on Wednesday after a report of slight increases in jobs in the private sector. The Dow Jones Industrial Average lost 76 points, or 0.2 percent, the S&P 500 fell 7 points, or 0.2 percent, and the NASDAQ fell 90 points, or 0.7 percent. […]
Headlines about big values and big funding rounds hide the fact that a huge number of venture-backed startups are failing. And yet, it’s part of the game plan: most VCs expect three out of ten of their investments to fail completely. This leads to VCs securing their investments in one or […]
AMMAN (Reuters) – The Syrian pound fell to a record low on the black market on Wednesday, affected by the ripple effect of currency sentiment in neighboring Lebanon as it has extensive business and banking ties, say retailers and bankers. FILE PHOTO: Bundles of Syrian pounds are pictured in a foreign […]
SoftBank Group founder, chairman and CEO Masayoshi Son announces their group’s earnings results on May 9, 2019 in Tokyo. Alessandro Di Ciommo | NurPhoto | Getty Images Greensill Capital is preparing to file for insolvency in the UK, according to a Report from The Financial Times on Wednesday, citing sources familiar […]
Reusable bags are displayed under a checkout counter at a Michael’s craft store in Cincinnati, Ohio. Luke Sharrett | Bloomberg | Getty Images Artisan Michael’s company said on Wednesday that it had agreed to be bought by the venture capital company Apollo Global Management in a deal valued at $ 5 […]
On Tuesday, seven Israeli startups were chosen as 2021’s most promising company in Fintech. With more than 750 start-ups today in the Fintech sector alone, Israel has been a global pioneer in the field for more than a decade. A number of different categories were on the top list, including payments […]
Bloomberg Troublesome trio in emerging markets Face return Spike scares (Bloomberg) – Eight years ago, when the tapering tantrums were dropping emerging markets, the so-called Fragile Five suffered the most in Turkey, Brazil, South Africa, India and Indonesia. A further rise in US government interest rates threatens to wreak havoc on […]
A longtime skeptic of Tesla Inc’s stock, UBS analyst Patrick Hummel, has more than doubled its stock price target and says the story is no longer about the company’s leadership in electric vehicles, it’s about “winning” in software. Hummel raised its price target to $ 730 from $ 325, while maintaining […]
Billionaire Leon Cooperman told CNBC on Wednesday that he believes rich people would find ways to avoid paying late. Elizabeth Warrenwealth tax if it were to become law. He also argued that there are better mechanisms to increase federal government revenue. “The idea has no merit. It’s stupid. It’s probably not […]
The following letters refer to the events reported here: “Leasehold dispute threatens proposed expansion of Syracuse’s Tech Garden at $ 16 million” (March 2, 2021): TCGplayer: Startups are our lifeblood To the editor: TCGplayer has been fortunate to be part of a growing technology scene in central Syracuse, led and nurtured […]
[uam_ad id=”317182″] RIO DE JANEIRO, BRAZIL – Investor confidence in the Brazilian government’s economic agenda is falling, making the real currency one of the worst performing in the world this year, behind only the Libyan dinar and the Sudanese pound. These two currencies have an excuse for massive one-time devaluations. Not […]
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Since Prince Harry and Meghan Markle recently completed their move to North America, many things have changed for them, including where they get their income from. As part of the royal family, the couple is no stranger to their lives being shown to the world to see, but there has been […]
Here’s what we’re looking at before Wednesday’s trading begins. –US stock futures faltered when investors sold government bonds and withdrew funds from technology stocks. Futures linked to the S&P 500 fell 0.1% and Dow Jones Industrial Average futures added 0.1%. Contracts on the Nasdaq-100 index fell 0.4%. What comes up –The […]
A Reddit logo displayed on a smartphone with stock market prices in the background. Omar Marques | LightRocket | Getty Images Shares of Rocket company fell more than 11% in pre-market trading on Wednesday after a surprising rally during the previous session, when Wall Street analysts raised red flags on frenzy […]
Many of the start-ups that raise capital in Mexico are focused on economic inclusion and aim to compare the conditions in a country that is largely unbanked and has a growing middle class. Such a company, minu, a Mexico City-based, pay-on-demand startup, announced on Wednesday that it has raised $ 14 […]
Lebanon’s President Michel Aoun meets Lebanon’s Governor Riad Salameh at the Presidential Palace in Baabda, Lebanon March 3, 2021. Dalati Nohra / Handout via REUTERS BEIRUT (Reuters) – Lebanese President Michel Aoun said on Wednesday that he had asked the central bank governor for an inquiry into the reasons for the […]