Post Content
Drazen_ | E+ | Getty Images The stimulus checks sent out during the coronavirus pandemic were wildly popular. Nearly 4 in 5 voters were in support of the direct payments to American families. And Democrats and Republicans alike rallied behind the policy, an increasingly rare sight in
In this article CDXTF The Bank of Canada raised interest rates to 1.5% from 1.0% this month and said it was ready to act "more forcefully" if needed to tame inflation. David Kawai | Bloomberg via Getty Images Canadian consumer prices increased in May at rates not seen since
Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company's manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Raw material costs for electric vehicles more than doubled during the
Reuters Financial watchdogs should do more to protect crypto investors, Swiss regulator says ZURICH (Reuters) -Cryptocurrency trading increasingly resembles the U.S. stock market of the late 1920s, Switzerland's top market regulator said on Wednesday, calling for regulators to take more action to protect consumers from abuse in
Reuters U.S. tech companies yank job offers, leaving college grads scrambling One by one, over the last week of May, Twitter Inc rang up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15-minute calls,
Jackpot Courtesy: Jackpot Online lottery ticket company Jackpot announced Wednesday that it closed on $35 million in series A funding, led by some of the biggest names in sports who see the promising growth potential in digital lottery sales. The cash infusion could enable Jackpot to start rolling
Beware the cyclical bear market, London-based analysts at Goldman Sachs warned in a report that studied the difference between cyclical-, structural- and "event-driven" stock declines of 20% or more. Goldman said Tuesday that investors are suffering through a cyclical bear market, one marked by high
Monitors display Coinbase signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase shares fell on Wednesday after rival crypto exchange Binance.US said it's dropping certain trading fees
Cryptocurrencies have been under immense pressure after the collapse of a so-called stablecoin called terraUSD. Umit Turhan Coskun | Nurphoto via Getty Images A controversial stablecoin launched just before the collapse of a similar token called terraUSD is struggling to maintain its peg to the U.S. dollar. USDD,