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Crypto Players Welcome New Bill to Regulate the Industry
2 years ago
Cryptocurrency News
The crypto industry in the US welcomed new bipartisan legislation introduced to regulate it. The bill was tabled by Senators Cynthia Lummis and Kirsten Gillibrand and represents the first concrete step toward finally regulating the sector. Analysts recognize that the ...
US Treasury Bans Americans from Buying Russian Stocks and Bonds
2 years ago
Stocks News
The Biden administration has announced new trading restrictions that prohibit Americans from investing in Russian stocks and bonds. The ban is immediate and is another measure put in place by US authorities to ratchet up the financial pressure on Russia ...
Iranians Buy the Most Residential Real Estate in Turkey
2 years ago
Economy News
The Turkish Statistical Institute recently shared a report showing that Iranians make up the largest group of foreign buyers of residential property in Turkey. In March of this year alone, Iranians purchased 784 homes, beating the number of properties bought ...
Bitcoin Tumbles Back Below $30,000
2 years ago
Cryptocurrency News
Bitcoin tumbled back under $30,000 to its lowest price in a week, as another short surge of upward momentum lost steam amid market caution. Although the world’s largest cryptocurrency showed promising signs last week, rising to over $31,400 at one ...
US Labor Market Reflects Major Changes
2 years ago
Economy News
The US labor market is changing in significant ways, as shown by the latest data from the US Bureau of Labor Statistics. There are jobs aplenty, with 11.4 million job openings in April, even if this is a slight decrease ...
Ford Announces Multi-Billion Investment to Build Electric Vehicles
2 years ago
Stocks News
Ford has announced a massive $3.7 billion investment to ramp up production of electric trucks and vans, as well as a new Mustang. The investment will create 2,000 new jobs in its truck section, helping the company reach its target ...
Musk Tells Tesla Workers to Return to Office or Resign
2 years ago
Stocks News
Companies are trying their best to balance the work from home conundrum as cases of COVID-19 diminish. Work-life balance is so important in today’s workplace, it can affect company performance. In a recent company memo, verified by major news agencies, ...
S&P 500 and Nasdaq Slide, Stoking Recession Fears
2 years ago
Stocks News
The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...
S&P 500 and Nasdaq Slide, Stoking Recession Fears
2 years ago
Stocks News
The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...
S&P 500 and Nasdaq Slide, Stoking Recession Fears
2 years ago
Stocks News
The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...
S&P 500 and Nasdaq Slide, Stoking Recession Fears
2 years ago
Stocks News
The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...
British Pound Faces Strong Headwinds
2 years ago
FOREX News
Several influential analysts are predicting a major crisis in the value of the UK’s Pound Sterling. It is expected that the British currency will come off badly as it faces such competing forces as its widening current account deficit, a ...
Bitcoin Rallies Above $30,000
2 years ago
Cryptocurrency News
Bitcoin was showing signs of recovery after being marooned below the key $30,000 level for the past week. Other major cryptocurrencies followed suit. The market’s largest cryptocurrency climbed as much as 4.4% to $30,441.43 at one point. Bitcoin has been ...
Formula One Embraces Crypto
2 years ago
Cryptocurrency News
Despite the price of Bitcoin and Ethereum taking a major drop in recent times, the Formula One (F1) racing industry cannot get enough of crypto. Eight out of the 10 teams featuring in this year’s prestigious motorsport series have a ...
New Zealand Hikes Interest Rate, Signals More to Come
2 years ago
Economy News
New Zealand's central bank announced a fifth straight interest rate hike this week and hinted at a much more aggressive monetary policy tightening as central bankers try to tame runaway inflation. The Reserve Bank of New Zealand (RBNZ) lifted the ...
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