Market News
Tesla to Accept Doge for Merch and the Fed Plans to Raise Interest Rates in 2022
This week, the Fed announced that it’s ramping up the battle with inflation and expects to end its asset-buying program earlier than anticipated.
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How will the economy look in 2022?
This week, JP Morgan and Bill Gates made calls that the pandemic may end in 2022.
Market News
Omicron and the Fed's Outlook Shift on U.S. Monetary Policy Heighten Market Volatility
Could the Fed be biased towards tightening monetary policy sooner than later — and will the current high inflation will last well into 2022?
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Best Buy shares drop amid uptick in organized retail theft
Organized retail crime pressures retailers' finances as shares of BBY dropped over 12% in heavy trading on Tuesday.
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Is Amazon ready to cut up their Visa cards?
Tensions between Amazon (AMZN) and payments company Visa (V) have increased recently. On Wednesday, shares of Visa were down over 4.5% in trading after Amazon announced that starting on January 19, 2022, Amazon would no longer accept Visa credit cards that were issued in the United Kingdom.
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AMC plans to accept Shiba Inu payments, Rivian debuts on Nasdaq after massive IPO
AMC is planning to accept Dogecoin, and possibly Shiba Inu as well.
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Senator Toomey Proposes the Investor Freedom Act of 2021 and Zillow Closes its Home Flipping Business
On October 28, Senator Pat Toomey introduced a bill that would protect the practice known as payment for order flow.
Market News
Tesla Reaches $1 Trillion Valuation and Facebook Rebrands as Meta
On Monday, shares of Tesla soared over 12 percent, propelling the company to reach a market capitalization of over $1 trillion USD.
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Coinbase and Others Enter the NFT Space and Gitlab Raises Over $800 Million in IPO
On Tuesday, Coinbase (COIN) announced that it has plans to start a peer to peer NFT marketplace on its platform.
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Netflix Diversifies into Gaming and Microsoft Teams Up with Epic Games
Goodbye, September! Hello October and pumpkin spiced everything. So far for 2021, September seems to be the worst performing month with the S&P 500 down 4.7% from the close on August 31, 2021.
Market News
Evergrande Misses Payment Deadline and the Fed Prepares to Reverse Pandemic Stimulus Programs
China Evergrande, the most indebted real estate company in the world, spooks the global markets.
Market News
Epic Games Pays Apple $6 Million and Amazon Kicks off Hiring Spree
Apple is not deemed a monopoly in the court ruling but must allow app developers to point to alternate payment options through buttons, external links, or other calls to action alongside their iOS apps.