Yahoo Finance Plus Argentina's Senate has approved a $45 billion debt deal with the International Monetary Fund (IMF) that includes a provision about discouraging the use of cryptocurrency in the country. “The Hash” team discusses how financial instability in Argentina led to widespread crypto adoption and the threat of decentralized finance (DeFi) to the global distressed debt system orchestrated by the IMF and the World Bank.
(Bloomberg) -- Ernst & Young LLP admitted that dozens of its audit personnel cheated on the ethics portion of the Certified Public Accountant exam and that the firm misled US regulators probing the misconduct, according to the Securities and Exchange Commission.Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsMichael Burry of ‘The Big Short’ Fame Warns Fed May Alter CourseAnti-Abortion Centers Find Pregnant Teens Online, Then Save Their DataChina Cuts Trave
Shares of the online car-buying company Carvana (NYSE: CVNA) were plunging this morning, likely after a Barron's article published over the weekend said that the company, in some cases, sold cars before it even had the title to them. Barron's said in its reporting that Carvana was selling cars too quickly during the pandemic, when demand for buying a car online soared, which led to problems in receiving the proper title for vehicles for some customers. Apparently, enough people have experienced this problem that a lawsuit is being brought against the car seller, saying that some customers went years without legally being able to drive vehicles purchased from Carvana.
(Bloomberg) -- Cathie Wood on Tuesday said she erred in her prediction inflation would unravel as the prices of goods and services in the US soared to 40-year highs. Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsMichael Burry of ‘The Big Short’ Fame Warns Fed May Alter CourseAnti-Abortion Centers Find Pregnant Teens Online, Then Save Their DataChina Cuts Travel Quarantine in Biggest Covid Zero Shift YetA $2 Trillion Free-Fall Rattles Crypto to the Core“W
Don’t count on the Fed. Get ready instead.
We’re facing a maelstrom of conflicting currents in the markets today, with a series of headwinds running head-on into each other. Consumer sentiment is low – in fact, at the lowest levels ever recorded, with 79% of consumers expecting economic conditions to get worse in the coming year. Inflation is high, at levels not seen since 1981, and is expected to remain elevated through the end of 2023. Fuel prices are major driver with the national average for a gallon of gasoline exceeding $5. The hou
Mr Musk banned remote work and said employees must be in the office for a minimum of 40 hours per week
The quarantine time for travelers to China has been slashed in half, sending shares in Chinese tourism companies skyward.
Yahoo Finance Live anchors discuss Berkshire Hathaway buying more Occidental Petroleum stock.
The ship carrying oil products was chartered by a Swiss-based commodities trader that said it complied with sanctions against Russia.
Among the high-profile stocks splitting their shares in 2022, these three offer the most attractive long-term growth prospects.
The company's stock also took a substantial dive early last month after the same drug missed its mark in two other diseases.
(Bloomberg) -- Russia’s reliance on foreign software to run its factories, farms and oil fields is turning into one of the biggest headaches for domestic industry as more IT providers pull out of the market in response to President Vladimir Putin’s invasion of Ukraine. Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsMichael Burry of ‘The Big Short’ Fame Warns Fed May Alter CourseAnti-Abortion Centers Find Pregnant Teens Online, Then Save Their DataChina Cu
In this article, we discuss the top 10 stocks to dump now according to hedge funds as they brace for impact. If you want to see more stocks in this list, click Hedge Funds Brace for Impact: Top 5 Stocks to Dump Now. Elite hedge funds in the United States are exceedingly cautious with their […]
(Bloomberg) -- Andrew Formica, the chief executive officer of Jupiter Fund Management Plc, suddenly announced he’s leaving the £55.3 billion ($67.9 billion) asset manager he joined in 2019.Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsMichael Burry of ‘The Big Short’ Fame Warns Fed May Alter CourseAnti-Abortion Centers Find Pregnant Teens Online, Then Save Their DataChina Cuts Travel Quarantine in Biggest Covid Zero Shift YetA $2 Trillion Free-Fall Rattl
Not everyone can afford to live on fixed incomes as prices rise.
Novavax (NASDAQ: NVAX) is a pandemic stock. Now it's down to $50, and the company's market cap is under $4 billion. Here are three arguments for buying Novavax stock and one reason for why you might want to avoid these shares.
Yahoo Finance Live’s Brian Sozzi breaks down JetBlue’s proposal for acquisition of Spirit Airlines.
Stock pickers are generally looking for stocks that will outperform the broader market. And while active stock picking...
The maker of premium and high-end electric vehicles remains the market leader in electric vehicles but sees a threatening rival.
Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSX-V: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) and its joint venture partner NAMCOR (the state oil company of Namibia) are pleased to announce spudding of the 1819/8-2 ("8-2") well on June 25, 2022.
Yahoo Finance