Bloomberg News reports state that Bitcoin has been gaining amidst a broader rally related to risk assets for the third straight day, with the largest digital token surging above the $24,000 mark. This is for the first time in...
Ark Investment Management, owned by Cathie Wood, is closing down one of its ETFs. This is the first time since the firm's inception that Ark has pulled the plug on their exchange-traded fund.
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Bloomberg News reports that Morgan Stanley is all set for scooping up battered bonds of El Salvador. As the president’s bet on the largest digital currency, Bitcoin, is found to backfire, it has come to light that these notes...
Evidence of impending recession is seen in Silicon Valley. Apple Inc. is the latest technology major to join the bandwagon and put lids on hiring and spending plans.
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The iPhone maker...
Bloomberg News reports that for years, the households in the United States used to bail out the global economy when it required the consumer as a last resort. However, the recent spending spree of Americans has not fulfilled the...
Leading global aerospace organization Boeing is grappling with a shortage of spare parts, semiconductors, and engines. The monthly hiccups and disruptions keep changing and look far from resolving, according to the US plane maker's executives.
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Bloomberg News reports that due to the efforts of the Federal Reserve to snuff out inflation, the Wall Street banks are enjoying a boost. The benefits from the current year's hikes in interest rates were clear since the banks'...
Bloomberg News reports that the Bank of America Corp. attracted a fine of $225 million imposed by regulators. The bank had to shell out the fine for deceptive practices related to a prepaid card program. The card program was...
June month saw apartment rents in Manhattan touch a record high as more pain is expected for prospective tenants as the market heads into a competitive season.
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According to a watchdog group, users searching for information on Google about student loan repayment waivers leads to advertisements that either violate policies on the content or lead to scams, forcing the Biden administration to think about taking action...
