Wall Street’s main benchmarks attempted a comeback into Tuesday’s close but turned lower as investors weighed an announcement by President Joe Biden that the U.S. will ban Russian imports of oil and energy, stoking worries the move could raise gas prices further and worsen inflation. [Click here to read what’s […]
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Stocks rise, oil prices soar as investors eye Russia’s war, Powell’s testimony
Stocks rose on Wednesday to recover some steep losses from earlier this week, with jitters over Russia’s war in Ukraine and its implications for the global economy weighing on risk assets. Investors also monitored fresh remarks from Federal Reserve Chair Jerome Powell, who said the central bank remained on track […]
The ‘Rug Doctor’ who advises crypto investors against ‘horrifying’ DeFi scams
A self-described “doctor” has a lesson she’d like to teach investors about decentralized finance (DeFi), an increasingly popular lending sector that’s become a battleground against cryptocurrency-related fraud. Even the most experienced DeFi players can find themselves wrong-footed by hacks and fraud. Yet retail investors in the sector are hungry for […]
Stocks jump as investors eye strong data, Russia’s attacks in Ukraine
Stocks rallied Friday for a second day in a row as traders eyed the latest developments in Russia’s invasion of Ukraine and the world’s response. The S&P 500 advanced more than 2%, rising further after a 1.5% jump on Thursday. The Dow and Nasdaq also built on Thursday’s gains to […]
Young crypto investors, tech entrepreneurs fuel yacht industry boom
It’s not your grandfather’s yacht anymore. Uber-rich young people are flocking to buy luxury boats for space on the high seas during the COVID-19 pandemic. Yacht seller Fraser sold $1.6 billion in inventory in 2021, a 175% increase over the prior year. CEO Raphael Sauleau told Yahoo Finance Live that […]
Stocks turn higher as investors await more earnings results, inflation data
Wall Street’s key benchmarks crept upward Tuesday after U.S. stocks started the week lower in a choppy session wrought by mixed corporate earnings and renewed Federal Reserve worries ahead of a fresh inflation report due out Thursday. After struggling for direction at open, the S&P 500 edged 0.43% higher, while […]
Shiba Inu: 10 things investors need to know about Shiba Inu (SHIB) in 2022
Not many crypto assets have it in them to beat Bitcoin in any segment. However, there was one to achieve the unattainable – Shiba INU. Shiba Inu was the most popular crypto in 2021, with 43 million more views than Bitcoin. We can say that Shiba Inu ‘barked’ the most […]
China’s Bad Retail-Sales Data Has a Bright Side for Investors
Text size China’s zero-tolerance policy for Covid-19 has hurt the economy. Kevin Frayer/Getty Images China delivered a flurry of weak economic data on Wednesday, further highlighting its economic slowdown. But that bad news could signal a reprieve for Chinese stocks as it adds to the case for policy makers to […]
Opinion: On a very Black Friday for investors, many Reddit Apes were talking about buying and HODLing
The worst day for U.S. stocks so far this year saw all three major indexes in the deep red on Black Friday, but meme stock investors just saw a bad day for everyone else. While the Dow Jones Industrial Average DJIA, -2.53%, S&P 500 SPX, -2.27%, and Nasdaq COMP, -2.23% […]
Can a group of crypto investors buy an NBA team? : NPR
The Krause House DAO is a group organized by cryptocurrency fans that is raising money to attempt to purchase an NBA franchise. Krause House DAO hide caption toggle caption Krause House DAO The Krause House DAO is a group organized by cryptocurrency fans that is raising money to attempt to […]