Latest Market News
On Thursday, the Australian dollar against the US dollar is falling. The current quote is 0.6345. The morning trade balance statistics turned out interesting. In September, the results in Australia turned out better than expected. Export grew by 7% against 2.6% previously. Import dropped to 0% from 4.6% previously. The statistics could support the Aussie […]
On Thursday, the market major is depressed; the current quote is 0.9820. Yesterday the US Federal Reserve System completed its two-day meeting by lifting the interest rate to 4% annual. This is the high since 2008. The most important comment made right after the decision was announced touched upon the probability of further increases in […]
Binance CEO Changpeng “CZ” Zhao appears to have softened his stance on central bank digital currencies (CBDCs), arguing in a conference that he doesn’t think CBDCs are a threat to his company or the crypto sector. CZ spoke at the Web Summit in Lisbon on Nov. 2 about CBDCs and their role in the crypto […]
The Robinhood CEO also announced the brokerage firm’s plans to expand the Robinhood Wallet internationally in the months to come. 157 Total views 2 Total shares Crypto and stock trading platform Robinhood highlighted lagging cryptocurrency revenue in the third quarter of 2022, though the results will do little to dampen its ambition to serve the […]
Walgreens Boots Alliance WBA, -1.24% said Wednesday it will pay about $5 billion as part of a framework to resolve “a substantial majority” of opioid-related lawsuits with some states and Native American tribes, according to a securities filing. That includes $4.79 billion over 15 years to participating states and $154.5 million over 15 years to […]
Rogers Corp. ROG, -44.30% stock fell 42% to $96.49 in premarket trades on Wednesday after it received a termination notice from DuPont de Nemours Inc. DD, +3.13% for its $5 billion acquisition of the engineered materials company. Rogers said it’s “evaluating all options” to determine its best path forward. DuPont said Tuesday the two companies […]