Business News
Oil Rises; Focus on OPEC+ Meeting
Wall Street Journal - 2 Dec 2024 03:43
Oil rose in early Asian trade with traders focus on the coming OPEC+ production policy meeting on Thursday
Analyst warns of 'leverage driven' XRP pump as token flips Tether
Coin Telegraph - 2 Dec 2024 03:35
XRP could be in the midst of a "leverage-driven" pump as the price of the asset soars to reach new yearly highs.
Michael Saylor Claims He Can Convince Warren Buffett to Buy Bitcoin Using Berkshire's $325B Cash
Bitcoin.com - 2 Dec 2024 03:30
Berkshire Hathaway’s $325 billion cash reserve bleeds $32 billion yearly, Michael Saylor says, claiming that he could sway Warren Buffett to embrace bitcoin. Berkshire Buying Bitcoin? Michael Saylor Claims He Can Convi...
Intel ousts CEO Gelsinger with stock down 61% during his tenure
Market Watch - 2 Dec 2024 15:54Middle-manager roles disappearing further complicates the ongoing retirement crisis
Business Insider - 2 Dec 2024 15:47Why Nvidia and other chip stocks are mostly shrugging off latest China rules
Market Watch - 2 Dec 2024 15:38All of Wall Street expects stocks to rise -- and that view may be too cautious
Market Watch - 2 Dec 2024 15:37Biden fires a parting shot at China's chip industry ahead of Trump's second term
Business Insider - 2 Dec 2024 15:36Hong Kong Shares Rise 0.3% Amid Mixed China PMI Data
Wall Street Journal - 2 Dec 2024 03:54
Hong Kong's benchmark Hang Seng Index edged 0.3% higher to 19485.13 after earlier swinging between mild losses and gains following mixed China PMI data released over the weekend.
Hedge Fund Paloma Partners Offers IOUs to Fleeing Investors
Wall Street Journal - 2 Dec 2024 23:59
The firm is seeing an exodus of investors after years of lackluster returns and executive turnover.
Fed official calls for simpler, forward-looking monetary framework
American Banker - 2 Dec 2024 23:58
Federal Reserve Gov. Christopher Waller said the central bank's last framework review was too focused on the post-global financial crisis period and difficult to explain.
Canva and ShotDeck Partner to Bring Cinematic Image Library to Creators
Small Business Trends - 2 Dec 2024 23:58
Canva's integration with ShotDeck provides creators direct access to over 1.5 million cinematic images, streamlining the creation of pitch decks and visual presentations.
Zscaler's post-earnings stock drop further bucks 2024's rally by software sector
Market Watch - 2 Dec 2024 23:54Fed's Waller says he supports interest-rate cut at next meeting -- for now
Market Watch - 2 Dec 2024 23:43Trump's tax plans: Housing credits 'in play,' and there's buzz over a short extension for expiring cuts
Market Watch - 2 Dec 2024 23:36Freshworks Appoints Srinivasan Raghavan as Chief Product Officer
Small Business Trends - 2 Dec 2024 23:34
Freshworks has appointed Srinivasan Raghavan as Chief Product Officer to drive AI-powered innovation and scale its customer and employee experience solutions.
A US Navy destroyer has come under missile fire 3 times in 3 months as the Houthis try to score a hit on a warship
Business Insider - 2 Dec 2024 23:29
USS Stockdale has had to fight off Houthi missiles three times in as many months, a US defense official said.
Best Cyber Monday iPhone deals: Last chance to get an iPhone 16, iPad, and Apple Watch all for free
Business Insider - 2 Dec 2024 23:27Trump's inauguration could mark local top for crypto, research shows
Coin Telegraph - 2 Dec 2024 23:11
Historically, markets outperform after presidential elections and then stall once the President-elect takes office, data shows.
Bitcoin ETFs Hit $6.3 Billion Inflows in November
Bitcoin.com - 2 Dec 2024 23:10
November saw total inflows for bitcoin exchange-traded funds (ETFs) surpass previous monthly records, reflecting heightened institutional and retail interest. Record Month for Bitcoin ETFs November 2024 marked a signific...
Stock market today: Stocks climb to record highs as Fed members point to December rate cut
Business Insider - 2 Dec 2024 23:10
"At present I lean toward supporting a cut to the policy rate at our December meeting," Fed Governor Christopher Waller said on Monday.
Luxury for Lunch: Louis Vuitton Unveils New Restaurant Concept in NYC Flagship
Retail Touch Points - 2 Dec 2024 23:09
Hungry for luxury, Louis Vuitton fans? Head to 57th Street in New York to not only shop the brand's fashionable creations but eat them too. Louis Vuitton has opened a new five-floor flagship designed to combine luxury re...