Browsing Category
News
223 posts
Binance Exits Canadian Market Amid Stricter Crypto Regulations
Binance – one of the largest cryptocurrency exchanges, has decided to leave the Canadian market as a result…
Japanese Giant Lost $32 Billion
The Japanese SoftBank’s investment division, Vision Fund, reported losses for around $32 billion during its last fiscal year.…
New York Fed President on Interest Rates and Inflation
Yesterday, the President and Chief Executive Officer of the Federal Reserve Bank of New York (the largest among…
Fed’s New Report: Banks Worried About the Conditions Ahead
A new report from the Federal Reserve (Fed) has revealed that banks are increasingly concerned about the economic…
Stocks Rally on Tech Earnings Surprise, Solid Jobs Numbers
Stocks received a much needed boost on Friday thanks to some better-than-expected economic data and a strong earnings…
Debt Ceiling and Interest Rates: Yellen Calls Possible “Catastrophe”
On June 1, the United States will have to find a resolution concerning the current risk of national…
Microsoft and AMD’s Collaboration: A Challenge to NVIDIA’s Dominance?
The race for dominance in the AI market continues as cyber leader Microsoft forms an intriguing collaboration with…
PacWest, First Horizon Send Regional Bank Stocks Reeling
Bank stocks continued their descent on Thursday as shares of PacWest and First Horizon weighed on the market.…
Bank Worries Might Make Fed Optimism Useless
The last FOMC (Federal Open Market Committee) meeting, which occurred on May 3, saw the tenth rise in…
Fed Raises Interest Rates (Again) – And Markets Fall
For the 10th time in a row since March 2022, the Federal Reserve raises interest rates as part…