News

Sep 21
Coinbase to hand out ENS usernames to simplify wallet transactions

Users can get a username through Coinbase Wallet’s browser extension and use it to send and receive crypto tokens instead of the traditional address. 2695 Total views 12 Total shares As simplified wallet addresses become more popular within the blockchain space, crypto exchange Coinbase integrated with Ethereum Name Service (ENS) to give their customers usernames […]

Sep 21
2-year Treasury yield goes above 4% ahead of Fed’s policy announcement; 3-year rate rises to 3.99%

The policy-sensitive 2-year Treasury rate edged above 4% ahead of the Federal Reserve’s policy update at 2 p.m. Eastern time, and is poised to end the New York session at another 15-year high. The last time the U.S. 2-year Treasury yield TMUBMUSD02Y, 3.980% closed at 4% or higher was on Oct. 16, 2007. Meanwhile, the […]

Sep 21
Fed’s tough task: History shows inflation takes average of 10 years to return to 2%

After more than a year in which most professional forecasters and financial-market players regularly misjudged the persistency of inflation, they may now be missing out on one key fact. History shows that inflation takes an average of 10 years to return to 2% once it breaks above 5%, according to Thanos Vamvakidis, a strategist for BofA […]

Sep 21
Freyr Battery a top pick for Morgan Stanley, ‘bull case’ at $60

The time is “ripe” for Norwegian battery maker Freyr Battery FREY, +17.26%, Morgan Stanley analysts led by Adam Jonas said in a note Wednesday, increasing their price target on the stock to $26 and setting a “bull case” to $60, which would represent an upside of nearly 300% over Tuesday’s share price. “The environment is […]

Sep 21
Coronavirus tally: Canada may drop COVID vaccine requirement for entrants by end September

Canada will likely drop the COVID-19 vaccine requirement for people who enter Canada by the end of September, an official familiar with the matter told The Associated Press on Tuesday. Canada, like the United States, requires foreign nationals to be vaccinated when entering the country. It is not immediately known whether the U.S. will make […]

Sep 21
Coty aims to double skincare sales to $500 million to $600 million by fiscal 2025

Coty Inc. shares COTY, +5.91% rose 1.9% in premarket trade Wednesday, after the beauty and cosmetics company said it’s on track to double its skincare sales to $500 million to $600 million by fiscal 2025. The company offered the guidance ahead of an investor day. “Our strategy is underpinned by world-recognized brands serving key white […]