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New Important Economic Data
Please click here for a chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
The chart shows ...
We saw the most entertaining press conference by a Federal Reserve Chairman in decades. Jerome Powell “surprised” Wall Street by saying exactly the same thing he’s been saying for almost two years, then got caught on a hot mike wanting to shut the ...
The economic landscape is experiencing a notable shift following the summer rebound, as evidenced by the latest data released Wednesday.
The Producer Price Index (PPI), a key indicator of wholesale prices, recorded a stronger-than-predicted decline, ...
Tesla, Inc.‘s (NASDAQ:TSLA) fundamentals have suffered this year amid the lukewarm demand outlook and the impact of successive price cuts on margins. An analyst on Tuesday outlined what the company needs to do to get its fundamentals back on track and ...
Billionaire investor Warren Buffett-run Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) maintained its core portfolio stocks largely unchanged in the third quarter but divested a slew of stocks including legacy automaker General Motors Corp. ...
In the midst of swirling rumors regarding its stance on a Bitcoin (CRYPTO: BTC) spot ETF, the Securities and Exchange Commission (SEC) has issued its own performance assessment, claiming a year of exceptional enforcement productivity within the realm ...
The cryptocurrency market saw a stirring in the ranks as OMG (CRYPTO: OMG), the native cryptocurrency of the OMG Network, surged to a six-month high.
What Happened: This spike in investor interest was triggered by a blog post from Ethereum (CRYPTO: ...
Non-fungible token (NFT) and IP brand development company Pudgy Penguins put together an impressive comeback story, spearheaded by CEO Luca Netz, who talked about the future of the company Tuesday at the Benzinga Future of Digital Assets.
What To ...
The GROK token, an AI-inspired digital asset, witnessed a dramatic loss of nearly $100 million in market value within a 24-hour period.
This decline came amid revelations linking its developer to past unsuccessful projects, capturing the attention of ...
Caitlin Long, the Founder and CEO of Custodia Bank, who advocates for cryptocurrency as a burgeoning asset class at both state and federal regulatory levels, notes that Custodia Bank, a non-loan-making institution, has been encountering regulatory ...
While the U.S. provides cryptocurrency innovators with the best access to funding, doing business there is a murky mess of half-baked rules with no transparent guidelines from financial regulators, three industry lobbyists said Tuesday.
Lobbyists who ...
Stocks were surging on Tuesday, fueled a lower-than-expected Consumer Price Index (CPI) report in October, cementing market bets on the end of Fed rate hikes.
The headline CPI index held flat on a month-over-month basis in October, while it climbed ...
Before the market opened on Tuesday, the Bureau of Labor Statistics reported cooler-than-expected consumer price index inflation data for October, showing that inflation is slowing down.
Every time in the past, the Fed driving inflation lower has been ...
Blockchain technology has the potential to enhance transaction security and efficiency in various sectors, and the capacity to coexist with traditional assets, a panel of financial experts including Rajeev Bamra, head of DeFi and digital assets ...
Crypto is the future of finance and institutions represent the roads that get us there.
Amazon Exec On Bitcoin ETF: John Liu, Head of Product Web3/Blockchain at Amazon.com Inc (NASDAQ: AMZN) Web Services, talked the acceleration of the crypto ...
California Governor Gavin Newsom’s signature on the Digital Financial Assets Law last month sent shock waves through the industry and proved the old adage that scandal leads to reform. The collapse of cryptocurrency exchange FTX, the indictment of Sam Bankman-Fried, and cry
While at least four key swing states have recently swayed back to favoring former President Donald Trump, President Joe Biden took a swing at Trump on Thursday, thumping the 45th President for his record on manufacturing.
During the Chicago ...
The October Consumer Price Index (CPI) report delivered positive news in the U.S. economy’s fight against inflationary pressures.
In October, the annual inflation rate decreased from 3.7% to 3.2%, below the economists’ anticipated 3.3% projection. ...
At the Benzinga Future Of Digital Assets event in New York on Tuesday, two prominent figures took the stage to discuss the recovery of the cryptocurrency sector following the FTX crisis.
Ash Bennington of Real Vision and Brett Harrison, the former ...
