New report says Crypto prices may be artificially inflated
New report says prices of Bitcoin and other crypto currencies may have been artificially inflated. Yahoo Finance's Melody Hahm, Andy Serwer and Ethan Wolff-Mann discuss.
New report says prices of Bitcoin and other crypto currencies may have been artificially inflated. Yahoo Finance's Melody Hahm, Andy Serwer and Ethan Wolff-Mann discuss.
Chinese smartphone maker Xiaomi has put a lower-than-expected price tag on its first electric vehicle as it joins the fiercely competitive race in China’s EV market.
One common thread runs between Boeing CEO Dave Calhoun's departure and the death knell for GE next week: Jack Welch. Veteran financial journalist Allan Sloan notes that of the CEOs Welch mentored, four succeeded while 13 failed.
Almost half of the energy companies Citi lends to are lacking plans to cut greenhouse gas emissions, the fourth-largest U.S. bank said in a climate report released on Thursday. Citi ranked the energy companies in its loan portfolio from "low" to "strong" on the basis of their plans to reduce emissions across three categories, known as scopes. In 42% of cases, it found "absence of a substantive transition plan," and a lack of disclosure of Scope 3 emissions, which are released into the atmosphere from companies' supply chains and customers.
“She flipped the title on his car, sold all his furniture and told us that our dad didn’t leave me or my sister anything.”
(Bloomberg) -- Inside Eastman Kodak Co., the once-iconic camera maker, a small pension investment team reaped such large gains in recent years that they windfalled themselves out of a job.Most Read from BloombergTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineFed’s Preferred Inflation Metric Cools While Spending ReboundsApple Plans New iPad Pro for May as Production Ramps Up OverseasBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseUBS Banker’s Frustration Exp
These stocks have all performed well and have many similar characteristics that can provide lessons for other investors.
Federal Reserve chair Jerome Powell may offer his take later this morning for updated core PCE inflation data.
“She worked for 25-plus years as a county nurse and, as such, she has a healthcare plan and a great pension, both for life.”
WASHINGTON (Reuters) -U.S. prices increased less than expected in February, with the cost of services outside housing and energy slowing significantly, keeping a June interest rate cut from the Federal Reserve on the table. The United States continues to outperform its global peers despite higher borrowing costs, thanks to persistent labor market strength. "Core services inflation is slowing and will likely continue throughout the year," said Jeffrey Roach, chief economist at LPL Financial in Charlotte, North Carolina.
The final split-up happens soon, and it could create two profitable stand-alone companies.
Stock-market investors get a key piece of economic data on Good Friday, but won’t be able to trade on it.
The super-successful hedge fund manager likes several AI stocks.
Should you go with the tobacco giant, the struggling healthcare REIT, or neither?
Nvidia just posted benchmark results for several of its AI chips, including the H100, H200, and Grace-Hopper Superchip GH200.
Owning shares of an industry-leading enterprise with numerous positive attributes seems like a no-brainer decision.
Wood is sounding the alarm on Nvidia following its meteoric rise.
SBF's legal team claimed FTX customers suffered "zero" losses when the crypto exchange collapsed. The judge rejected the argument "entirely."
Cathie Wood just increased her long-term price target for Bitcoin by a mind-boggling amount.
REITs can offer big-time income streams.
Berkshire Hathaway should collect in the neighborhood of $6 billion in dividend income this year. Five core holdings will account for the lion's share of these payouts.