Account It was a quiet session overnight ahead of key risk events later in the week (US CPI is on Wednesday and bank earnings are on Friday, including Wells Fargo, Citigroup and JP Morgan). There was plenty of news flow, but not overly market moving. The IMF downgraded global growth by a tenth to 2.8% for […]
Account Here are the 4 Highest Dividend-Paying Stocks in the S&P 500 What Is a Dividend? A dividend is the distribution of a company’s earnings to its shareholders and is determined by the company’s board of directors. Dividends are often distributed quarterly and may be paid out as cash or in the form of reinvestment in […]
Account Weekly Market News Crypto News Sam Bankman-Fried Ordered $65B ‘Secret Backdoor Line of Credit’ For Alameda Research During a Delaware bankruptcy court hearing on Jan. 11, FTX attorney Andrew Dietderich revealed that former FTX CEO Sam Bankman-Fried (SBF) ordered co-founder Gary Wang to open a $65 billion “secret backdoor line of credit” for Alameda Research. […]
Account Bitcoin hits two-month high, trades above $19,000 following December inflation data Digital assets are flashing signs of a potential short-term price recovery following a breakdown in the market last year and more than two months of subsequent sell-side pressure. Bellwether crypto bitcoin is now at its “greediest” point in four months, according to the Bitcoin […]
Account US stocks turn higher on optimism that inflation will cool further and allow the Fed to ease tightening US stocks closed higher Tuesday as optimism grew that inflation will continue cooling and give the Federal Reserve more room to ease its tightening campaign. Wall Street equity futures edged higher and European stocks climbed as traders […]
Account Weekly Market News Crypto News U.S. Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe According to a report by Washington Post, federal prosecutors are investigating the relationship between U.S.-based hedge funds and Binance as part of a broader investigation into the crypto exchange’s potential violation of money-laundering rules. The U.S. attorney’s office for the Western […]