Britain is trying to become a big player in the crypto world, but it's got some tough competition from the United States. The UK's Labour government is pushing to make the country friendly for crypto businesses. For example, they're planning to talk to firms about laws for digital assets like stable
President Donald Trump has made a significant move in the world of finance and politics by announcing his intention to nominate Paul Atkins as the new chairman of the Securities and Exchange Commission (SEC). This decision comes as no surprise to many, as Atkins, currently the CEO of Patomak Global
Federal Reserve Chair Jerome Powell will be speaking at the New York Times' DealBook conference today. This talk is happening just two weeks before the central bank announces its decision on interest rates. It’s also Powell’s last public appearance before that important meeting. Markets are expecti
Marvell Technology's stock is on the rise after a strong earnings report. Investors are feeling more optimistic about the integrated circuit maker's future. The company did better than expected in the third quarter and gave a positive outlook for revenue. This good news has led many Wall Street firm
Alexander Mashinsky, the founder and former CEO of the failed crypto lending platform Celsius Network, has pleaded guilty to federal fraud charges. He admitted to manipulating the price of Celsius’s crypto token and lying to customers about the company's practices. Mashinsky, aged 58, entered his pl
Did you know that predicting the future of agricultural markets can be a lot like solving a giant puzzle? In China, trading futures for agricultural products is big business. Traditionally, experts have relied on prices from the past and financial basics. But there's a goldmine of textual data out t
Monday is shaping up to be an interesting day in the stock market. Let's dive into some key things to watch. Black Friday spending was a bit higher than expected, with a 3. 4% overall increase and a significant 14. 6% boost in online shopping. This is great news for companies like Square, which powe
This year, Black Friday saw a big change in how people shopped. Instead of heading to stores, many Americans chose to shop online using their phones and computers. Stores didn't see much growth in sales, only about 0. 7% more than last year. But online sales jumped by a whopping 14. 6%! A data firm
Are you thinking about buying new tech gear? Now might be the time, especially if you're worried about upcoming trade changes. The new administration has hinted at adding taxes on imports from countries like China. This could make tech products more expensive in the future. So, if you've been eyeing
GECC, a company listed on the Tokyo Stock Exchange (TSE), recently shared some intriguing financial results. Although the company recorded a net loss of $21. 3 million for the fiscal year ending August 31, 2024, there's a twist to this story. Shareholders witnessed a significant bounce-back as the c
