Posts with tag: culture
The S&P 500 had its best week since November's election, driven by a better-than-expected inflation reading. Investors will now focus on President-elect Trump's inauguration and its potential impact on markets. Earnings season continues this week, with reports from Netflix, United Airlines, and Johnson & Johnson. Markets will also watch for any updates on the Fed's rate hike debate.
Published on: January 19, 2025, 01:00 PM UTC
Tether, a cryptocurrency used in illicit activities, has become the digital currency of choice for criminal organizations and sanctioned individuals. Despite concerns about facilitating illegal transactions, Tether's relationship with Cantor Fitzgerald, a bank headed by Commerce Secretary nominee Howard Lutnick, raises questions about potential conflicts of interest and inadequate regulation of cryptocurrencies.
Published on: January 18, 2025, 10:01 PM UTC
Canoo files for bankruptcy, ceases operations due to cash burn and fundraising challenges amidst uncertain demand for its electric vehicles.
Published on: January 18, 2025, 03:00 AM UTC