News
Shares of Walmart Inc. WMT, +2.34% rose 1.5% in morning trading Wednesday, after the discount retail behemoth said it plans to hire 40,000 employees for the holiday season. The new hires will include seasonal store employees, full-time permanent truck drivers and customer-care employees. The company said the average U.S. wage is more than $17 an […]
U.S. stocks opened higher Wednesday, as investors wait for the Federal Reserve to announce its decision on the size of its interest rate hike. The Dow Jones Industrial Average DJIA, +0.47% was up 0.5% soon after the opening bell, while the S&P 500 SPX, +0.52% rose 0.5% and the Nasdaq Composite COMP, +0.41% gained 0.4%, […]
A software startup backed by the venture capitalist Chamath Palihapitiya is launching a digital platform that allows companies such as mortgage lenders and home-improvement retailers to sell rooftop solar installations directly to consumers, the Wall Street Journal reported. Palihapitiya told the paper in an interview that the new law will accelerate deployment of rooftop solar […]
The crypto market continues falling. On Wednesday, the BTC is approaching $18,865. One of the most important things is an increase in the correlation between the S&P 500 index and the BTC – it’s 72% now, which is very close to the May high. What does it mean? It means that almost all risky assets […]
EURUSD is falling pressured by the “greenback”; market players are focused on the Fed meeting. The major currency pair is falling on Wednesday. The current quote for the instrument is 0.9927. All investors are focused on the Fed’s meeting to be over later in the evening, where the regulator is expected to announce its rate […]
The court accepted the plaintiffs’ requests to provide “undoubtedly important” documents in the alleged fraud case. 1931 Total views 28 Total shares The judge for the United States District Court for the Southern District of New York, Katherine Polk Failla, ordered Tether to prove 1-to-1 backing of its eponymous stablecoin, Tether (USDT). The company is […]