Crypto Lender BlockFi files for bankruptcy, cites FTX exposure

Crypto Lender BlockFi files for bankruptcy, cites FTX exposure

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY The filing comes weeks after the FTX collapse FTX is listed as BlockFi’s No. 2 creditor Bitcoin is down more than 70% from its 2021 peak (Reuters) – Cryptocurrency lender BlockFi said Monday it has filed for Chapter … Read more

Wall Street rose as the Federal Reserve signaled a slowdown in rate hikes

Wall Street rose as the Federal Reserve signaled a slowdown in rate hikes

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY Growth stocks bounce as Treasury yields fall Tesla jumps with Citigroup’s upgrade Nordstrom sits on low profit expectations The Dow Jones Industrial Average closed at its highest level since April Dow Jones rose 0.28%, S&P 500 0.59%, Nasdaq … Read more

Stocks are swinging ahead of the Fed’s minutes as oil prices fall on the price cap plan

Stocks are swinging ahead of the Fed's minutes as oil prices fall on the price cap plan

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY November Fed Minutes at 1900 GMT Thanksgiving Day in the United States is a public holiday on Thursday Stocks are making small gains globally Eurozone economic data points to recession China has been hit by rising cases of … Read more

Global stocks decline as coronavirus cases rise in China

Global stocks decline as coronavirus cases rise in China

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY Chinese stocks slid as coronavirus cases surged in Beijing The US yield curve is close to its highest inverted level since 2000 The dollar and bonds remained firmer ahead of the Fed’s minutes Oil prices are falling again … Read more

Oil prices are falling to their lowest levels in almost two months on Chinese demand concerns, and a strong dollar

Oil prices are falling to their lowest levels in almost two months on Chinese demand concerns, and a strong dollar

GET FREE FOLOWERS TIKTOK GET FREE INSTAGRAM TIKTOK GET GIFT CARD AMAZON GET GIFT CARD GOOGLE PLAY Brent and West Texas Intermediate contracts fell earlier by about $1 a barrel Beijing provinces closed schools as coronavirus cases surged in China The dollar’s rise puts pressure on prices LONDON (Reuters) – Oil prices fell to near … Read more

S&P 500 closed higher, led by defensive stocks

S&P 500 closed higher, led by defensive stocks

Fed’s Collins sees a 75bp hike on the table Grindr is stepping into the market for the first time Gap stocks rise on optimistic results Indices rose: Dow 0.59%, Standard & Poor’s 0.48%, Nasdaq 0.01% (Reuters) – Wall Street’s benchmark S&P 500 closed higher on Friday in a choppy trading session, as defensive stock gains … Read more

The European Central Bank begins a major cash-raising process as banks repay €296 billion in loans

The European Central Bank begins a major cash-raising process as banks repay €296 billion in loans

Repayment is much less than expected The price of the main money market decreases after the announcement The move is seen as a first step towards bond relaxation FRANKFURT (Reuters) – The European Central Bank said on Friday that euro zone banks will repay nearly 300 billion euros ($310 billion) in loans to the European … Read more

Japan’s inflation rate reached its highest level in 40 years as the Bank of Japan stuck to an easy policy

Japan's inflation rate reached its highest level in 40 years as the Bank of Japan stuck to an easy policy

Japan CPI +3.6% YoY/Y vs expectation +3.5%, highest level since 1982 The surge in prices due to cost-push inflation, is not sustainable The Bank of Japan expects consumer inflation to fall below 2% in the next fiscal year TOKYO (Reuters) – Core consumer price inflation in Japan accelerated to a 40-year high in October, driven … Read more

S&P 500 slides with a hawkish view of interest rate and employment data

S&P 500 slides with a hawkish view of interest rate and employment data

The Fed’s Bullard supports more rate hikes Cisco shares rose after the subscriber raised its full-year outlook Macy’s jumps as earnings expectations increase Indices: the Dow Jones rose 0.07%, the Standard & Poor’s rose 0.23%, and the Nasdaq fell 0.09%. (Reuters) – The S&P 500 fell slightly on Thursday as hawkish comments from a US … Read more

Wall Street is moving higher as investors gauge the Fed’s policy path

Wall Street is moving higher as investors gauge the Fed's policy path

The Fed’s Brainard points to a slowdown in rate hikes going forward Healthcare and leading materials among sectors Biogen, Lilly Rises on Roche’s Alzheimer’s Drug Failure Indices rose: Dow 0.56%, Standard & Poor’s 500 0.37%, Nasdaq 0.17% (Reuters) – Wall Street’s major indices rose modestly on Monday as investors digested comments from US Federal Reserve … Read more