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Latest Articles
  • Investors look for answers from Credit Suisse earnings after Archegos and Greensill sagas
  • State Department will evacuate Americans from cruise ship, first death confirmed in Europe
  • Netflix is the biggest winner since Disney kicked off the streaming wars
  • Dogecoin spikes 400% in a week, stoking fears of a cryptocurrency bubble
  • Market hits an all-time high after blowout economic data and strong bank earnings
  • States rush to replace J&J vaccine appointments after FDA recommends pause
  • Midnight drinkers flock to Britain’s beloved pubs as lockdown eases
  • AstraZeneca: Analysts point to promising pipeline despite Covid vaccine jitters
  • Officials rush to defend AstraZeneca Covid vaccine after UK, EU blood clot guidance
  • EU medicines regulator finds possible link between AstraZeneca Covid vaccine and blood clots
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Investors look for answers from Credit Suisse earnings after Archegos and Greensill sagas

Investors look for answers from Credit Suisse earnings after Archegos and Greensill sagas

Following the booming profit beats of its Wall Street rivals, Credit Suisse is expected to report a significan...

Dogecoin spikes 400% in a week, stoking fears of a cryptocurrency bubble

Dogecoin spikes 400% in a week, stoking fears of a cryptocurrency bubble

Dogecoin started out as a joke. Now it’s a top 10 digital currency worth $40 billion. The cryptocurrency is ba...

Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high

Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high

China — The value of the cryptocurrency market topped $2 trillion for the first time on Monday driven by a ral...

Banks warn of ‘significant losses’ as they exit positions with large U.S. hedge fund

Banks warn of ‘significant losses’ as they exit positions with large U.S. hedge fund

LONDON — Credit Suisse and Nomura warned Monday of “significant” hits to first-quarter results, after they beg...

‘People are just shocked’: Turkey’s lira plunges after Erdogan sacks third central bank chief in two years

‘People are just shocked’: Turkey’s lira plunges after Erdogan sacks third central bank chief in two years

Turkey’s lira fell dramatically on Monday morning after President Recep Tayyip Erdogan fired the country’s cen...

European banks have been resilient during the Covid crisis, but still face 2 major challenges

European banks have been resilient during the Covid crisis, but still face 2 major challenges

European banks have seemingly weathered the coronavirus crisis well, but there are still some major challenges...

Stronger economic data could power stocks that thrive in a rebound in the week ahead

Stronger economic data could power stocks that thrive in a rebound in the week ahead

A decline in new Covid infections, along with improving economic data and stimulus hopes, could boost stocks t...

Investors look for answers from Credit Suisse earnings after Archegos and Greensill sagas

Investors look for answers from Credit Suisse earnings after Archegos and Greensill sagas

Posted By: Editorial Teamon: April 21, 2021In: BUSINESS, ECONOMY, MARKETING, NEWSNo Comments

Following the booming profit beats of its Wall Street rivals, Credit Suisse is expected to report a significant loss on Thursday as it navigates the fallout from two high-profile crises. The Swiss lender announced earlier this month that it took a $4.7 billion hit from the meltdown of U.S. family hedge fund Archegos Capital and now expects a […] Read more

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Dogecoin spikes 400% in a week, stoking fears of a cryptocurrency bubble

Dogecoin spikes 400% in a week, stoking fears of a cryptocurrency bubble

Posted By: Editorial Teamon: April 17, 2021In: BUSINESS, ECONOMY, MARKETING, NEWSNo Comments

Dogecoin started out as a joke. Now it’s a top 10 digital currency worth $40 billion. The cryptocurrency is based on the “Doge” meme, which rose to popularity in late 2013. The meme portrays a Shiba Inu dog alongside nonsensical phrases in multicolored, Comic Sans-font text. Created in 2013 by software engineers Billy Markus and Jackson […] Read more

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Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high

Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high

Posted By: Editorial Teamon: April 06, 2021In: BUSINESS, ECONOMY, MARKETING, NEWSNo Comments

China — The value of the cryptocurrency market topped $2 trillion for the first time on Monday driven by a rally in ether, the second-largest digital coin. In just over two months, the market capitalization of the cryptocurrency market has doubled, according to price tracking website CoinGecko, as retail and institutional investors pile into the space. […] Read more

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Banks warn of ‘significant losses’ as they exit positions with large U.S. hedge fund

Banks warn of ‘significant losses’ as they exit positions with large U.S. hedge fund

Posted By: Editorial Teamon: March 29, 2021In: ECONOMYNo Comments

LONDON — Credit Suisse and Nomura warned Monday of “significant” hits to first-quarter results, after they began exiting positions with a large U.S. hedge fund that defaulted on margin calls last week. While neither Credit Suisse nor Nomura named the fund, it’s been widely reported that Archegos Capital Management is the firm connected to the fire sale. In a […] Read more

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‘People are just shocked’: Turkey’s lira plunges after Erdogan sacks third central bank chief in two years

‘People are just shocked’: Turkey’s lira plunges after Erdogan sacks third central bank chief in two years

Posted By: Editorial Teamon: March 22, 2021In: ECONOMY, MARKETING, NEWSNo Comments

Turkey’s lira fell dramatically on Monday morning after President Recep Tayyip Erdogan fired the country’s central bank chief — the third to be fired in two years — sending shockwaves through the investor community. The currency plunged more than 16% in early morning Asian trading, according to analysts, hitting 8.4 against the dollar compared to […] Read more

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European banks have been resilient during the Covid crisis, but still face 2 major challenges

European banks have been resilient during the Covid crisis, but still face 2 major challenges

Posted By: Editorial Teamon: February 22, 2021In: BUSINESS, ECONOMY, NEWSNo Comments

European banks have seemingly weathered the coronavirus crisis well, but there are still some major challenges ahead that have the potential to rattle the sector. There’s been a noticeable difference between the pandemic and the global financial crisis of 2008: European banks have a much stronger capital position now than they did before. This is in part […] Read more

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Stronger economic data could power stocks that thrive in a rebound in the week ahead

Stronger economic data could power stocks that thrive in a rebound in the week ahead

Posted By: Editorial Teamon: February 20, 2021In: ECONOMYNo Comments

A decline in new Covid infections, along with improving economic data and stimulus hopes, could boost stocks that flourish in a resurging economy in the week ahead. In the past week, expectations for a strong economic rebound helped boost interest rates. While the broader stock market was choppy, sectors that do well in a rebound – […] Read more

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Chart points to bitcoin ‘peaking out’ in early 2021

Chart points to bitcoin ‘peaking out’ in early 2021

Posted By: Editorial Teamon: December 29, 2020In: BUSINESS, ECONOMYNo Comments

Bitcoin could be headed for a breather in the new year. The red-hot cryptocurrency continued its longest monthly win streak in more than a year on Monday after grazing a new all-time above the $28,000 mark on Sunday. Based on the charts, that run might be put on pause come 2021, Mark Newton, founder and president […] Read more

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Fitch upgrades its China growth forecast for 2021

Fitch upgrades its China growth forecast for 2021

Posted By: Editorial Teamon: December 10, 2020In: ECONOMY, NEWSNo Comments

 Fitch Ratings raised its forecast this week for China’s economic growth next year, based on increased domestic demand and expectations for coronavirus vaccine deployment. Fitch now expects China’s gross domestic product to expand 8% in 2021, up from the 7.7% rate forecast in September. “This would be well above our estimate of China’s long-term growth […] Read more

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5 Ways to Support Your Local Economy During a Crisis

5 Ways to Support Your Local Economy During a Crisis

Posted By: Editorial Teamon: December 09, 2020In: ECONOMY, NEWSNo Comments

The current health and economic crisis has impacted both life and work in many ways. Chief among those impacts has been the stunning amount of business closures.  Any crisis can potentially tank a local economy, causing serious financial and social distress for the members of that community. The ripple effects can impact consumers, other businesses and even local officials, causing even […] Read more

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