Latest Market News

Feb 14
AMD's $49 billion Xilinx deal closes, company names CEO Lisa Su new board chair

Advanced Micro Devices Inc. shares AMD, +2.93% are up nearly 3% in Monday trading after the chipmaker announced that its $49 billion deal for Xilinx has officially closed. AMD also said that Chief Executive Lisa Su has been appointed the chair of the company’s board, while John Caldwell, the prior chair, has been named lead […]

Feb 14
Crypto miners exempt from IRS reporting rules, US Treasury affirms

The U.S. Treasury affirmed that crypto miners and wallet operators are exempt from the IRS reporting rules, preparing appropriate regulations. 2589 Total views 13 Total shares The cryptocurrency industry in the United States is about to score a major legal win as the United States Treasury Department plans to spare crypto miners and other “ancillary […]

Feb 14
Marriott Chairman J.W. Marriott Jr. to retire in May; David S. Marriott named successor

Marriott International Inc. MAR, -2.75% said Monday its Executive Chairman J.W. Marriott Jr. has decided to retire in May and will not stand for re-election to the board at its coming annual shareholder meeting. He will be succeeded by David S. Marriott who will become chairman of the board following the meeting. J.W. Marriott will […]

Feb 14
The cryptocurrency market digest. Overview for 14.02.2022

At the beginning of the new week of February, the world remains tense: investors are nervous and do not hurry to risk because they cannot quite understand the global situation. Everyone seems to be waiting for some signal. Users of NFT faced an unexpected problem: last year, via them and mobile apps frauds started spreading […]

Feb 14
The Pound remains under pressure. Overview for 14.02.2022

GBPUSD is retreating early in the week; there will be a lot of interesting ahead. The British Pound is “losing weight” against the USD on Monday. The current quote for the instrument is 1.3511. This week, the United Kingdom is scheduled to release a lot of macroeconomic reports, from the labour market to prices. The […]

Feb 14
UK tax authority makes first NFT seizure in VAT fraud case

The tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification. 1216 Total views 7 Total shares Her Majesty’s Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, has seized three nonfungible tokens (NFT) associated with a suspected tax evasion fraud. The tax watchdog […]