Home » Markets » Page 3
video Crypto regulation debate is matter of ‘free speech’: Brock Pierce Bitcoin Foundation Chairman Brock Pierce argues America and its principles were built to be ‘very much aligned’ with cryptocurrency. Silvergate Bank will be wound-down and liquidated, the California-based Silvergate Capital said Wednesday. In a press release, Silvergate said it thought the "best path forward" was the wind-down and voluntary […]
» Read more
Gold futures settled lower on Wednesday amid concerns about the outlook for interest rates after Fed Chair Jerome Powell said in his testimony before the Congress that the central bank will have to keep its policy tight in order to fight inflation. Powell said in his testimony before the Senate Banking Committee that the U.S. central bank would be prepared […]
» Read more
This report was sent to Briefing.com subscribers earlier today. Upgrades: > Costco (COST) upgraded to Buy from Neutral at Northcoast; tgt $560 > Mercantile Bank (MBWM) upgraded to Overweight from Neutral at Piper Sandler; tgt raised to $40 Downgrades: > Artisan Partners Asset Mgmt (APAM) downgraded to Sell from Neutral at Goldman; tgt lowered to $27 > Gossamer Bio (GOSS) […]
» Read more
video Former Spirit Airlines CEO on travel industry: ‘Everyone can step up their game’ Former Spirit Airlines CEO Ben Baldanza provides his outlook on the travel industry amid pilot shortages and outdated tech. JetBlue Airways Corp. is bracing for the Justice Department to try to block the airline’s planned takeover of Spirit Airlines Inc. in the coming days, JetBlue’s chief […]
» Read more
Gold futures settled flat on Monday after prices moved in a very tight band right through the day’s session, even as the dollar turned in a weak performance with investors assessing the outlook for interest rates. The dollar index, which dropped to 104.16 recovered to 104.30, but was still down, trailing its previous close by more than 0.2%. The dollar […]
» Read more
Fourth-quarter earnings reporting is all but over, and many across Wall Street are watching the quick move higher in interest rates with a high level of anxiety. The two-year Treasury note is trading at a 4.89% yield, the highest since 2006, and with the 10-year note at a 4.07% yield, the wide inversion suggests a recession could emerge soon. With […]
» Read more
video FOX Business Flash top headlines for March 1 Check out what’s clicking on FoxBusiness.com In an age where cars have started driving themselves, why not let them turn themselves in for non-payment too? Ford Motor has reportedly applied for a patent on a system designed to try and get people to clear up late car payments, according to the […]
» Read more
Financial giants including the Commonwealth and ANZ banks will work with the Reserve Bank to test the potential economic gains that could arise from giving consumers and businesses access to a new form of digital money. The Reserve Bank on Thursday announced a series of trials for a retail central bank digital currency (CBDC), a type of digital dollar that […]
» Read more
This report was sent to Briefing.com subscribers earlier today. Research calls posted earlier this morning are available here. Upgrades: > Aixtron (AIXXF) upgraded to Buy from Hold at Deutsche Bank > Ameresco (AMRC) upgraded to Neutral from Sell at ROTH MKM; tgt $44 > Applied Materials (AMAT) upgraded to Outperform from Neutral at KGI Securities > Baytex Energy Trust (BTE) […]
» Read more
According to a local report, the Bank of Russia is preparing to launch a central bank digital currency pilot on April 1st. The bank’s deputy chairman, Olga Skorobogatova, stated the pilot will include real transactions between real customers, but that their number will be limited. Russia To Launch CDBC Pilot in April On February 17th, Russia’s Central Bank announced it […]
» Read more