Business News
Mt. Gox moves $2.7B in Bitcoin to new wallet address
Coin Telegraph - 5 Jul 2024 03:17
One of Mt. Gox's cold wallets just transferred more than 47,000 BTC to an unknown wallet address amid a plan to begin repaying its creditors.
German MP urges government to stop 'hasty' Bitcoin sell-off
Coin Telegraph - 5 Jul 2024 03:30
German MP Joana Cotar said the mass Bitcoin sell-off isn't "sensible" and "productive" as it could be used to diversify treasury assets and protect against currency devaluation.
Florida's new anti-ESG law tees up fight with federal bank regulators
American Banker - 5 Jul 2024 03:00
A law that took effect this week allows Florida consumers to ask state regulators to investigate why a financial institution canceled an account or rejected a loan application. The law, which applies to federally charter...
The Score: Tesla, Chewy, Paramount and More Stocks That Defined the Week
Wall Street Journal - 5 Jul 2024 22:56
Here are some of the major companies whose stocks moved on the week's news.
Nasdaq, S&P 500 Extend Record Run After Jobs Report
Wall Street Journal - 5 Jul 2024 22:27
The stock indexes closed the week at fresh highs after data on the labor market shored up confidence that the Federal Reserve can soon cut rates.
Elon Musk's X could see major fines in Europe as tech firms face crackdown
New York Post - 5 Jul 2024 17:03
The European Commission, the EU's competition watchdog, is reportedly set to hit X with formal charges in the coming days.
Why Your Fund Manager Can't Beat Today's Stock Market
Wall Street Journal - 5 Jul 2024 17:00
The time seems just right for active stock pickers to beat the market. Why, then, are they doing even worse than usual?
US jobs growth in June beats expectations
BBC - 5 Jul 2024 16:00
US markets remain optimistic the Fed could start cutting rates later this year.
JPMorgan Chase, Citi and Wells Fargo earnings to follow relative strength in their stocks
Market Watch - 5 Jul 2024 15:01US Army awarded $10.3 million to a family exposed to black mold while living in military housing in Texas
Business Insider - 5 Jul 2024 00:16Bitcoin miners 'near capitulation' as profits dry up alongside BTC sell-off
Coin Telegraph - 5 Jul 2024 23:30
CryptoQuant analysts say Bitcoin miners are showing signs of "capitulation" as profit margins tighten in the post-halving climate and BTC price falls close to $50,000.
JPMorgan warns customers they may have to pay for checking accounts
New York Post - 5 Jul 2024 23:25
"The banks say that their only option is to pass on their costs to customers, but that's not true," the president of an economics think tank said of banks charging fees.
This new S&P 500 buy signal gives you another reason to stay bullish about stocks
Market Watch - 5 Jul 2024 23:21Crypto remittances in Venezuela surge as economic situation worsens
Coin Telegraph - 5 Jul 2024 23:08
Sanctions from the United States, spiraling inflation and government corruption have created an economic nightmare for Venezuelans.
Seeking nominations for the most influential TikTok talent managers and agents in 2024
Business Insider - 5 Jul 2024 23:05Rest in Peace, Wii U (one final time) | Kaser Focus
Venture Beat - 5 Jul 2024 23:01
Nintendo will no longer be repairing the Wii U, so Rachel Kaser laments yet another reminder that her underrated console is kaput.
Kevin O'Leary Says It Is Possible To Retire With $500K and No Extra Income - Here's How
IBTimes - 5 Jul 2024 23:00
Shark Tank star and investor Kevin O'Leary says it is possible to survive in retirement with $500,000 in the bank, but his approach may be unrealistic for many.