Business News
Deutsche Bank Acknowledges Crypto's Leading Role in Ensuring BRICS' Payment Capabilities
Bitcoin.com - 13 Nov 2024 11:30
Deutsche Bank, one of the largest banking institutions in Europe and the world, has recently linked BRICS to a significant percentage of cross-border transactions. The bank states that the bloc has been driven to cryptoc...
Oil Edges Lower, Likely Weighed by OPEC's Demand Forecast Trim
Wall Street Journal - 13 Nov 2024 03:21
Oil prices were mixed in early Asian trade. Market sentiment was likely weighed after OPEC cut its demand forecasts, Westpac said.
Spirit may be at the end of its runway as Frontier talks break down, bankruptcy looms
Market Watch - 13 Nov 2024 03:12Inflation progress stalls in US in October
BBC - 13 Nov 2024 16:41
Prices in the US rose 2.6% over the 12 months to October, driven by more expensive food and groceries.
Fashion World Fears High Tariffs in Trump Administration
The New York Times - 13 Nov 2024 16:03
President-elect Donald J. Trump has threatened a tax of at least 60 percent on goods from China -- a move with the potential to decimate small American brands.
Starbucks' turnaround plan has 'merit' but its unknown cost makes the stock a 'sell,' analyst says
Market Watch - 13 Nov 2024 14:57Why the stock market's 'Trump bump' could become a 'Trump dump'
Market Watch - 13 Nov 2024 14:50Mr. Musk Goes to Washington -- With a $2 Trillion Agenda
The New York Times - 13 Nov 2024 14:47
Donald Trump tapped the tech mogul to co-lead an effort to slash government spending, but questions abound over how such an initiative would actually work.
Most Asian Currencies Weaken on Surge in Treasury Yields
Wall Street Journal - 13 Nov 2024 04:00
Most Asian currencies weakened against the U.S. dollar in the early morning session on an overnight surge in Treasury yields.
Nearly 216,000 job seekers had their personal data left unsecured on a tech recruiter's database, a security researcher says
Business Insider - 13 Nov 2024 01:52
A tech recruiting firm left a database unsecured that exposed emails, passport numbers and partial SSNs of job seekers, a security researcher says.
Blackrock Bitcoin ETF Overtakes Gold Trust -- The Asset World Shaken
Bitcoin.com - 13 Nov 2024 01:30
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT re...
Hitting and holding $100K Bitcoin price depends on $11.8B end-of-year BTC options expiry
Coin Telegraph - 13 Nov 2024 23:57
Bitcoin's ability to reach and hold the $100,000 level will be influenced by the upcoming $11.8 billion options expiry.
Adobe Digital Price Index Shows Grocery Prices Fall for First Time Since 2020
Small Business Trends - 13 Nov 2024 23:54
Adobe's Digital Price Index reports a 0.1% year-over-year decrease in online grocery prices for October 2024, marking the first annual decline since 2020.
Where crypto ETFs can go next during a second Trump term
Market Watch - 13 Nov 2024 23:47Arca, Blocktower to merge into unified crypto platform
Coin Telegraph - 13 Nov 2024 23:45
BlockTower's venture capital arm, BlockTower Venture Capital, will continue to operate independantly.
Arca, Blocktower to merge into unified crypto platform
Coin Telegraph - 13 Nov 2024 23:45
BlockTower's venture capital arm, BlockTower Venture Capital, will continue to operate independantly.
Judge explains why he handed Elon Musk his $1 million-a-day sweepstakes win
Business Insider - 13 Nov 2024 23:44Digital Asset Powerhouse Wyden Snags $16.4M in Funding, Eyes Global Expansion
Bitcoin.com - 13 Nov 2024 23:43
Wyden, a digital asset trading infrastructure provider, secured $16.4 million in Series B funding to expand its client base and strengthen its platform. Wyden to Strengthen Poland Development Hubs On Nov. 13, Wyden, the ...
My daughter was too overwhelmed to focus on her college applications. I became the nagging parent.
Business Insider - 13 Nov 2024 23:42Comerica sues CFPB over investigation into prepaid card program
American Banker - 13 Nov 2024 23:40
The Dallas-based bank is accusing the Consumer Financial Protection Bureau of "pursuing an aggressive and overreaching investigation" into its role in a Treasury Department prepaid card program.