Business June 7, 2022
Target Plummets 8% As it Cuts its Profit Margin Outlook Again
Target shares plummeted Tuesday after the retailer decreased its profit margin outlook for the second time in three weeks, introducing…
And More June 7, 2022
Nobel Laureate Paul Krugman Says Crypto Is Similar To The Housing Bubble
Paul Krugman compared the cryptocurrency craze to the mid-2000s housing bubble in a recent New York Times column. The Nobel…
And More June 7, 2022
Senators Unveil Bipartisan Legislation for Cryptocurrencies; The SEC and CFTC would Share Regulatory Oversight
Bitcoin, ether, and the over 19,000 other cryptocurrencies in existence today could soon be regulated. Senators Kirsten Gillibrand and Cynthia…
And More June 6, 2022
Bitcoin Added 4.3% to $31,278 After Dramatic Rough Weeks For Investors
Bitcoin rebounded over the weekend as cryptocurrency traders continue to receive blows *following a rough six months of selling. The…
And More June 6, 2022
Stocks Making The Biggest Moves; Sunrun, Eli Lilly, Twitter and More!
Solar companies — Solar stocks surged after the Biden administration announced it would suspend tariffs on panel products from several…
And More June 6, 2022
Goldman Sachs Economists Expect Oil Prices To Reach $140 a Barrel This Summer
Goldman Sachs economists forecast oil prices will soar to $140 a barrel this summer, with a drop in Russian production…
And More June 6, 2022
The TerraUSD Crash Will Likely Be The End of Stablecoins, Crypto Exec Says
Algorithmic stablecoins like terraUSD, which collapsed and sent the crypto market through the mayhem, have low chances of survival, the…
And More June 6, 2022
Chinese Ride-Hailing Giant Didi Stock Gains 50% In One Day
Shares of Chinese ride-hailing giant Didi soared 50% in premarket trade in the U.S. on Monday after The Wall Street…
And More June 5, 2022
OpenSea Employee Arrested In The First Ever Insider NFT Trading Scandal
U.S. prosecutors are now going after insider trading in the crypto industry. On Wednesday, New York’s Southern District prosecutors charged…
And More June 4, 2022
Russian Billionaire Abramovich’s Telecom Company Worth $500 Million Is Being Sold for $1
The Roman Abramovich-owned British telecom firm is being sold to two European tech entrepreneurs for about $1, The Times reported.…
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