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Tag: finance

The signs in a storefront window read "Going Out of Business" in Charleston, South Carolina, U.S., March 7, 2024. REUTERS/Brian Snyder/FILE PHOTO

US small-business sentiment slides to lowest level in more than 11 years

NFIB said its Small Business Optimism Index fell 0.9 point to 88.5 last month, the lowest level since December 2012.

Read More US small-business sentiment slides to lowest level in more than 11 years
LONDON, ENGLAND - DECEMBER 07: A visual representation of the digital Cryptocurrency, Bitcoin on December 07, 2017 in London, England. (Photo by Dan Kitwood/Getty Images)

Bitcoin Rises To Record High After UK Approval Of Crypto Asset

Following the approval of an investment vehicle supported by cryptocurrencies by a United Kingdom financial regulator, Bitcoin rose to a record high of over $72,000 on Monday.

Read More Bitcoin Rises To Record High After UK Approval Of Crypto Asset
MCLEAN, VIRGINIA - JANUARY 20: The logo for consumer lending firm Capital One Financial Corp is seen on its headquarters on January 20, 2023 in McLean, Virginia. The company has reportedly eliminated up to 1,100 technology positions this week as its digital structure matures. (Photo by Win McNamee/Getty Images)

Report: Capital One To Acquire Discover Financial Services

Credit card issuer and Warren Buffet-backed consumer bank Capital one, will acquire the credit card lender Discover Financial Services, according to The Wall Street Journal. 

Read More Report: Capital One To Acquire Discover Financial Services
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 9, 2024. REUTERS/Brendan McDermid

Wall Street ends down as US retail sales data crimps rate cut bets

Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.

Read More Wall Street ends down as US retail sales data crimps rate cut bets
FILE PHOTO: AI (Artificial Intelligence) letters and robot hand miniature in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Generative AI’s wild 2023

ChatGPT was well on its way to becoming a household name even before 2023 kicked off.

Read More Generative AI’s wild 2023
NEW YORK - OCTOBER 07: A trader works on the floor of the New York Stock Exchange October 7, 2008 in New York City. Despite a government debt buyout plan, the Dow continued to fall today, closing more than 500 points down. (Photo by Mario Tama/Getty Images)

U.S. Economist Predicts That 2024 Will Prompt ‘Biggest Crash Of Our Lifetime’

American economist Harry Dent made an unfortunate prediction about the markets in the new year, claiming that 2024 will bring forth the “biggest crash of our lifetime.”

Read More U.S. Economist Predicts That 2024 Will Prompt ‘Biggest Crash Of Our Lifetime’

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