Latest Market News
Oil futures dropped on Thursday as the U.S. announced its biggest-ever release from the nation’s Strategic Petroleum Reserve. President Joe Biden authorized the release of 1 million barrels of oil per day for the next six months. It’s “essentially a temporary measure designed to minimize the spring rally, and to that end, it could increase […]
India’s new crypto tax policy, which is based on gambling and lottery ticket win tax rules, is set to come into effect on April 1. 5038 Total views 69 Total shares The Indian Finance Bill 2022, with new 30% crypto tax rules, was approved on Thursday by the Rajya Sabha, the upper house of the Indian parliament, […]
Macy’s Inc. M, -3.75% said Thursday that it will open a fulfillment center in China Grove, N.C. in 2024 that will employ 2,800 workers. The facility, which will span 1.4 million square feet and cost $584 million, will account for 30% of the department store retailer’s digital supply chain capacity. Macy’s is also expanding its […]
The new NFT tracker and explorer services will support Ethereum wallets to start with, while multi-chain support is expected to arrive by the end of the year. 1538 Total views 46 Total shares Delta, an investment tracker app that allows users to keep tabs on their stock and crypto portfolios, is now entering the nonfungible […]
The U.S. is targeting Russia’s technology sector in the latest round of sanctions aimed at punishing Moscow over its invasion of Ukraine. The Treasury’s Office of Foreign Assets Control said Thursday it is targeting operators in the sector “to prevent it from evading unprecedented multilateral sanctions and procure critical western technology.” Treasury is designating 21 […]
USDJPY is falling after updating its 7-year highs. The Japanese yen is recovering against the USD. The current quote for the instrument is 121.99. The Yen suffered serious stress in March and has lost 6% against the “greenback” since the beginning of 2022. Amid global risk aversion, market players chose the USD but right now […]