Cryptocurrencies
Fed Powell renomination hearing live stream
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Cryptocurrencies
Prepare for Fed Rate Hikes: Powell Sets Stage in Senate Remarks
‘We will use our tools to … prevent higher inflation from becoming entrenched,’ said Fed Chairman Jerome Powell. Federal Reserve Chairman Jerome Powell set the stage for the central bank to raise interest rates in Read more…
Cryptocurrencies
The Start of the Fightback?
Stock markets are enjoying some reprieve after a rocky start to the week and investors will be hoping earnings season provides more cause for optimism in the weeks ahead. The January blues are alive and Read more…
Cryptocurrencies
Fed George prefer earlier balance sheet runoff, Mester could support March hike
Kansas City Fed President Esther George said, “my own preference would be to opt for running down the balance sheet earlier rather than later as we plot a path for removing monetary accommodation.” Separately, Cleveland Read more…
Cryptocurrencies
IBM Downgraded to Sell by UBS, Price Target Cut
IBM is facing near-term risk to fourth-quarter operating estimates and an ‘elevated valuation,’ UBS says. IBM (IBM) – Get International Business Machines Corporation Report shares will be left “vulnerable” over the next 12 months, according to Read more…
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Tesla Loses Top-Ranking Black Executive
Valerie Capers Workman, head of the company’s human resources department, leaves as the company faces accusations of racism. The electric vehicle corporate shuffle hit Tesla (TSLA) – Get Tesla Inc Report Tuesday as the company’s Valerie Read more…
Cryptocurrencies
EURCHF Recoups Lost Ground as Bullish Tone Bolsters
EURCHF buyers have dominated ever since touching a 6½-year low of 1.0325, plotting four consecutive green candles, which has steered the price above the 50-day SMA of 1.0442 and the 1.0469 level, which is the Read more…
Cryptocurrencies
Aussie Yawns after Retail Sales Jump
The Australian dollar continues to have a quiet week and is unchanged in Tuesday trade. In the European session, AUD/USD is trading at 0.7170. Australia’s retail sales soar Australian consumers opened their purse strings in Read more…
Cryptocurrencies
A New Whopper: Burger King Tries to Find Its Next Sandwich Hit
The fast-food giant has a new take on its signature sandwich, The Whopper. Remember McDonald’s (MCD) – Get McDonald’s Corporation Report Mighty Wings? The Burger King Halloween Whopper? What about Wendy’s (WEN) – Get Wendy’s Read more…
Cryptocurrencies
Car-Sharing Firm Turo Revs Up Public Offering
Car-sharing company Turo says in its public IPO filing that it is ‘pioneering a new category of transportation.’ Turo, which bills itself as the world’s largest car-sharing market, filed for its initial public offering on Read more…