Buck Bully
Financial news
[Reuters] NEW YORK, Nov 15 (Reuters) – Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday. Citigroup Inc , HSBC Holdings Plc (HSBA.L), Mastercard Inc (MA.N) and Wells Fargo & Co (WFC.N) are among the financial companies participating in the experiment […]
[FOXBusiness] Sam Bankman-Fried, CEO of crypto exchange FTX, forced into bailout sale after seeing $6B in withdrawals ahead of Tuesday FTX cryptocurrency exchange was unexpectedly hit with a mass liquidity crisis on ‘The Claman Countdown.’ Sam Bankman-Fried, the CEO of crypto exchange FTX considered the Democrats’ “newest megadonor” ahead of the 2022 […]
[Forbes] BitcoinBTC, ethereum and other major cryptocurrencies have crashed along with the S&P 500 and stock prices this year (with some people betting on ‘a $28 trillion opportunity’). The bitcoin price has plummeted around 70% from its all-time highs, dropping under $20,000 per bitcoin, and dragging on other top ten […]
[The Motley Fool] KEY POINTS Polygon makes Ethereum faster and cheaper to use for everyone. New technology will help increase speeds further and promote more development on the blockchain. With multiple partnerships with some of the world’s more recognizable brands, 2022 has been a year of building for Polygon. Polygon’s […]
[Yahoo! Finance] Walmart (WMT) made headlines late last year, when the company sought several new trademarks that signaled its intent to make and sell virtual goods in the metaverse. Now, the retail giant’s Global Chief Technology Officer says crypto transactions will be right “in the middle” of its digital strategy […]
[MarketWatch, Getty Images] Investors eye U.K. meltdown with caution, but find yields they like. Things could always get worse. That was the message from investors hitting the sell button in September as the Federal Reserve renewed its vow to use rapid interest rate hikes to fight stubbornly high inflation, even if it […]
[Washington Post, Bloomberg] Nearly every major currency has lost ground against the U.S. dollar this month, an offshoot of the Federal Reserve’s campaign to rein in inflation through higher interest rates. For Americans, a stronger dollar means cheaper imports and trips abroad. But it can also weigh on other economies, […]
[Markets Insider, AP] China’s yuan dropped to its lowest level versus the dollar since 2008. The onshore currency weakened to 7.2409 per dollar, its lowest in 14 years. Beijing must navigate a weakening currency, a real estate crisis, and disruptive COVID-19 lockdowns. China’s yuan weakened to its lowest mark against […]
[CNBC, Getty Images] Many people know how to earn money, but that’s only a small part of the equation. You also have to know how to multiply it over time, and when you should — and should not — spend on something. It took me 20 years of trial and error before I achieved […]
[MoneyWise] With many experts continuing to see rocky times ahead for the stock market, it might be time to look at dividend stocks for the rest of 2022. Dividend stocks are a way to diversify a portfolio that may be chasing growth a little too obsessively. They generate income in good times, […]