Visa and Mastercard top officials were grilled by U.S. senators in a combative hearing focused on their presumed stranglehold on the payment processing industry and […]
Category: Finance
Comcast Plans to Spin Off Cable-TV Channels Including MSNBC and USA Network
According to published reports, Comcast is expected to spin off some of its best-known cable-TV outlets – MSNBC and USA Network – as it reorganizes […]
Wall Street Expert Predicts 20% Drop in Home Prices to Bridge Generational Divide
In a bold statement that has set off a firestorm of discussion across the nation, the “Oracle of Wall Street” has declared that home prices […]
MicroStrategy Announces $1.75 Billion Convertible Notes Offering to Boost Bitcoin Holdings
MicroStrategy, an enterprise software company that has been one of Bitcoin’s most vocal backers, said it is seeking to issue $1.75bn in convertible notes to […]
Ohio Man Sentenced for Bitcoin Laundering Ordered to Forfeit Over $400 Million in Assets
Convicted of laundering Bitcoin through unlawful means, an Ohio man is being sued to forfeit one of the largest orders in U.S. history over $400 […]
Bitcoin Stabilizes Near $90,000 Following Largest Drop Since U.S. Election
A cryptocurrency worth more than $90,000 after it plummeted the sharpest since the U.S. elections with rising market volatility in cryptocurrencies. What triggered the drop […]
Disney Share Jumps as Earnings, Streaming Profit, and Guidance Top Estimates
Just days after the media and entertainment giant reported that the most recent earnings of the firm were more than what Wall Street experts had […]
Why Gold Prices Plunged from Record Highs to a Losing Streak in Two Weeks
At these levels, gold prices have been registered at a steep decline as they have entered their two consecutive negative streak, much to the dismay […]
Cisco Sees Fourth Consecutive Quarter of Revenue Decline
Networking and telecommunications giant Cisco Systems, for the fourth quarter in succession, produced fewer revenues- the challenge there continues to be very much alive. According […]
U.S. Inflation Remains Steady for Third Consecutive Month with 0.3% Core CPI Increase
The inflation rate in the United States was stable for the third consecutive month, with the core Consumer Price Index—or the rate excluding food and […]