Latest Market News

Jun 22
Biden signals he’s leaning toward gas tax holiday, saying there’s ‘plenty’ of money for infrastructure

Published: June 21, 2022 at 4:13 p.m. ET President Joe Biden on Tuesday offered signs that he could support suspending the federal gasoline tax, as he responded to a reporter’s question on how a gas tax holiday would make it difficult to pay for major infrastructure projects. “We have plenty of capacity to do that,” […]

Jun 21
Bitcoin S2F model gives false sense of certainty, says Vitalik Buterin

Bitcoin S2F model gained a lot of popularity during the peak of the bull run, and even though there was criticism, most of it was ignored as the price seemed to follow the chart. 5114 Total views 19 Total shares Ethereum co-founder Vitalik Buterin has criticized the controversial Bitcoin (BTC) stock-to-flow (S2F) model, popularized by a pseudonymous Dutch […]

Jun 21
La-Z-Boy stock jumps more than 11% after furniture maker reports ‘record’ quarterly sales

La-Z-Boy Inc. LZB, -1.98% shares rallied more than 11% in the extended session Tuesday after the furniture maker reported fiscal fourth-quarter earnings above Wall Street expectations and said it is focusing on its backlog and long lead times. La-Z-Boy said it earned $57.5 million, or $1.33 a share, compared with $37.5 million, or 81 cents […]

Jun 21
Bitcoin in Zimbabwe: Importing cars and sending money to family

Bitcoin (BTC) is a tool for freedom and economic empowerment. For one young Zimbabwean, Ovidy, it turned his life around when he returned to his home country at the onset of the COVID-19 pandemic.  An entrepreneur who first learned of Bitcoin while living in the United States, Ovidy has since built a business with Bitcoin […]

Jun 21
Biden describes Chevron CEO as ‘sensitive’ after exec says industry has been vilified

President Joe Biden on Tuesday said Chevron CVX, +4.19% CEO Michael Wirth seemed thin-skinned about criticism from the White House. Asked to comment on a letter in which the oil executive said the Biden administration has at times vilified the oil industry and called for the White House to change its approach, Biden replied: “He’s […]

Jun 21
EURUSD is trying to rise Overview for 21.06.2022

EURUSD is awkwardly growing. The major currency pair is trying to keep its positive momentum on Tuesday. The current quote for the instrument is 1.0527. The macroeconomic calendar was empty early in the week: the US had a holiday; the Euro Area didn’t offer a lot of numbers. However, investors still had something to pay […]