News Archive
Read more than 24508 news that's been aggregated from trusted news sources from around the world. finances48.com covers topics such as Markets and Economy.
Cash Use and Crypto Fears Have Countries Turning to CBDCs
The way people pay for things is changing as the nature of money itself transforms. Fearing they may one day be left behind as digital, crypto...
Taiwanese bike frame maker J-Star set terms for downsized $18M US IPO
Taiwanese bike frame maker J-Star (YMAT) has downsized its proposed US initial public offering to $18M from $22M. J-Star said in a filing that it was...
Wrongful Pandemic Unemployment Payments Topped $191 Billion: Watchdog
At least $191 billion in pandemic unemployment benefits may have been paid out improperly, a federal watchdog told Congress on Wednesday at a House Ways and...
Bill urges energy projects note reliability
Greetings from the legislature! It has been a very busy week. Two of the bills I prime-sponsored were heard in the Energy and Natural Resources Committee....
Colgate-Palmolive recalls 4.9 million units of Fabuloso multipurpose cleaner citing risk of exposure to bacteria
Consumer household goods giant Colgate-Palmolive is recalling approximately 4.9 million units of Fabuloso multipurpose cleaner because the products may expose consumers to a harmful bacteria. According...
Small business owners call on lawmakers to work across party lines after SOTU address
Following President Biden’s SOTU address, small business owners are calling on lawmakers to step up and work together. Small businesses continue to recover from the pandemic...
Stitch Fix: Paradigm Shift Warning
Stitch Fix deviates from its initial strategy, and the new one is ineffective as well. The current tech surge caused Stitch Fix's stock to rise, and...
Those who invested in Sime Darby Berhad (KLSE:SIME) five years ago are up 11%
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But if you pick the right individual stocks,...
RGC Resources Inc. (RGCO) Q1 Earnings Miss Estimates
RGCO - Free Report) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings...
‘Top Chef’ host predicts changes to the restaurant industry with potential gas stove ban
“Top Chef” host Tom Colicchio predicted that stove manufacturers would likely start accommodating chefs who want to incorporate induction burners into their kitchens amid talk of a ban on gas stoves.
ENS DAO Passes Proposal to Sell 10,000 ETH in Single Transaction
© Reuters ENS DAO Passes Proposal to Sell 10,000 ETH in Single Transaction. The ENS DAO expects to get around $13 million from the sale. The...
Sun Life Financial (TSE:SLF) Easily Beats Q4-2022 Earnings Estimates
Sun Life Financial just reported its Q4-2022 and full-year results, and earnings came above expectations. Meanwhile, analysts are cautiously optimistic about the stock. Sun Life Financial...
AvalonBay issues guidance within expectations, sees stabilized portfolio in 2023
AvalonBay Communities (NYSE:AVB) on Wednesday reported Q4 results and provided FY guidance that was within Street expectations. The REIT expects Q1 core FFO of $2.47-$2.57 vs....
Sumo Logic bumps up on report it could be sold for $1.7B
Sumo Logic (NASDAQ:SUMO) shares climbed 2% in after-hours trading Wednesday amid reports that the cloud-based software-as-a-service company is close to being sold for $1.7B. Private-equity firm...
Robinhood’s crypto business continues to decline during Crypto Winter as customers steer clear of trading
The drop came amid a major retrenchment in the crypto industry.
Revisiting Ameriprise Financial: Now A ‘HOLD’ For 2023 (Rating Downgrade)
I've covered, and made money with investments in, Ameriprise Financial, Inc. for several years at this point. My latest stance on the company was a firm...
Hertz Global Holding Could Be A Comfortable Ride In 2023
Hertz Global Holdings pops on strong results. The outlook for the travel industry is robust for 2023. Hertz Global could keep moving higher but the market...
Siemens sees higher revenue, earnings in 2023
Siemens (OTCPK:SIEGY) said Wednesday its FQ1 net profit fell from a year ago but it raised guidance for the current fiscal year on the back of...
Bitcoin NFTs Explode in Popularity as BitMEX Research Shows 13,000 Ordinals
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Crypto derivatives firm BitMEX has identified over 13,000 Ordinals NFTs...
Deutsche Bank’s DWS eyes 2 German crypto firms for investment: Report
Deutsche Bank's asset management arm is in discussions to invest in two German crypto companies, according to people familiar with the matter. Per a Bloomberg report...