Latest Market News
The first DEX on Cardano launched on the mainnet today to allow traders to perform swaps and add liquidity, but network congestion has slowed transactions processing. 864 Total views 10 Total shares Cardano’s first decentralized app (DApp) SundaeSwap has launched but is causing a frustration among users due to congestion, platform errors and failed transactions. […]
Shares of CSX Corp. CSX, -0.03% fell in the extended session Thursday after the rail operator reported fourth-quarter results that met Wall Street expectations. CSX said it earned $934 million, or 42 cents a share, in the fourth quarter, compared with $760 million, or 33 cents a share, in the year-ago period. Sales rose 21% […]
Jack in the Box and FTX have come to an undisclosed settlement over the mascot related copyright suit, suggesting that the Moon Man’s days may be over in its current form. 1396 Total views 7 Total shares Jack in the Box’s lawsuit against FTX US over an alleged mascot-related copyright and trademark infringement has come […]
Shares of PPG Industries Inc. PPG, -1.15% fell nearly 3% in the extended session Thursday after the paint and coatings maker reported fourth-quarter profit and sales above Wall Street expectations but said pandemic-related “disruptions” continue to impact production and sales, and it will increase prices to mitigate soaring costs. PPG said it earned $267 million, […]
The fatwa points toward two critical issues with cryptocurrencies that make them illegal as an investment tool and a medium of exchange. 4654 Total views 36 Total shares The Tarjih Council and the Central Executive Tajdid of Muhammadiyah, one of the largest non-government Islamic organizations in Indonesia, issued a new fatwa against cryptocurrency use, deeming […]
Treasury Secretary Janet Yellen said Thursday she expects inflation to “diminish over the course of the year” if the U.S. is successful in controlling the COVID-19 pandemic. In an interview on CNBC, Yellen said she hopes inflation would get back to around 2% by the end of the year. The treasury chief said the Biden […]