Rise In Import Tariff Takes Toll On Businesses
For most businesses dependent on importation of some kind, increase in import tariffs remains a sore point as…
Fed Warns US Financial System Remains Vulnerable To Threats
The Federal Reserve is warning that the U.S. financial system remains vulnerable to threats stemming from the…
Bitcoin Rises 6.8 % To $56,852.03
Bitcoin rose 6.8% to $56,852.03 by 1000 GMT on Wednesday, adding $3,622.23 to its previous close.
However, the…
Exclusive China’s Tencent In Talks With U.S. To Keep Gaming Investments…
Tencent Holdings Ltd (0700.HK) is negotiating agreements with a U.S. national security panel that would allow it to…
U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos…
The U.S. securities regulator is considering measures to require big investors to disclose more about short…
CDC Advances Plan For Resumption Of U.S. Passenger Cruise Operations
The U.S. Centers for Disease Control and Prevention (CDC) has begun a key step for the eventual resumption of U.S.…
Dow Ends At Record High As Tech Slides
The Dow Jones Industrial Average ended at a record high on Wednesday, while Nasdaq gave up its earlier gains and…
U.S. Backs Waiving Patent Protections For Covid Vaccines, Citing Global Health…
WASHINGTON — The Biden administration announced Wednesday that it supports waiving intellectual property…
Cramer Says He Sold Some Ether After Record Highs To Put Toward An All-Electric…
CNBC’s Jim Cramer said Wednesday he trimmed some of his ether holdings after the world’s second-largest…
Jeff Bezos’ Blue Origin To Launch First Space Tourism Passengers On July 20 And…
Jeff Bezos’ space venture Blue Origin will launch its first astronaut crew to space on July 20, flying on its…
Mark Zuckerberg Can No Longer Deflect Blame For Trump’s Facebook Suspension
Facebook’s self-created “supreme court” refused to do the company’s dirty work when it handed down a decision…
Uber Partners With Softbank-Backed Gopuff To Deliver Everyday Essentials, From…
If you order potato chips, toothpaste or over-the-counter medication through the Uber Eats app, it will soon be…
Uber Losses Dramatically Improve Thanks To Sale Of Self-driving Unit
Uber beat estimates on the top line and dramatically improved its net losses in its first quarter, but missed on…
Google Relaxes Remote Work Plan, Will Let 20% Of Employees Telecommute
Google on Wednesday said it now expects 20% of its employees to work from home after its offices reopen later this…
Two Wall Street Firms Say To Buy The Dip In Peloton After Treadmill Recall
Peloton shares were under pressure on Wednesday after announcing a recall, but Wall Street firms Baird and…
Moderna Says Covid Booster Shot Generates Promising Immune Response Against…
A booster shot of Moderna’s Covid-19 vaccine generated a promising immune response against the B.1.351 and P.1…
Peloton stock sheds $4 billion in market value in 1 day over its treadmill debacle
Peloton shares closed Wednesday down nearly 15%, wiping $4.1 billion off its market value in one day, after the…
More than 1 million new $1,400 stimulus checks have been sent. Here’s who got a…
A new set of $1,400 stimulus checks has been sent, bringing the total number of payments issued to…
PayPal beats as revenue grows 31% from last year
PayPal shares rose as much as 4% in extended trading on Wednesday after reporting first-quarter earnings…
Bank Of England Preview: Will The BoE Taper QE?
GBP 895bln. As such, given the significant improvement in the UK outlook amid a successful vaccination program and…
Inflation, Interest Rates, And The CBN’s Quest To Defend The Naira
A higher debt burden has meant more pressure on an already tenuous government revenue-to-debt service ratio in the…
Facebook Relaunches WhatsApp Money Transfers In Brazil
Facebook's (FB.O) WhatsApp messaging service relaunched on Tuesday its transfer money services between individuals…
Sterling Steady As Markets Eye ‘Super Thursday’ Status Quo
Sterling ticked up against the dollar on Wednesday as a poll showed Scotland’s main pro-independence party was…
High-Level Visit To Nigeria Signals Strength And Importance To UK-Nigeria…
The UK’s Minister for Africa, James Duddridge MP, visited Nigeria for high-level discussions with senior members of…
Hong Kong Citizens Rush To Buy London Houses After UK Government Opens Doors
The number of people from Hong Kong purchasing homes in the capital has shot up since the UK government announced a…
Nigeria’s Spending Structure Unsustainable, Budget Head Says
Nigeria’s current trend of spending more money on running the government than on building new infrastructure is…
MBA Forex Is Illegal, We Warned Nigerians – SEC
The Securities and Exchange Commission has said it warned Nigerians against investing in the now troubled MBA Forex…
West African Cocoa Giants Report Progress In Deforestation Fight
Cocoa giants Ivory Coast and Ghana reported progress in goals to end deforestation as they prepare for…
Dollar Struggles To Extend Rally, Traders Eye Major Euro Bulwark
The dollar tried to extend a rally on Wednesday as chatter about the possibility of higher U.S. interest rates and…
Nigeria Beams Searchlight On Vessels From India, Brazil, South Africa
To curtail the import of COVID-19 to Nigeria through the seaports, the Federal Government has begun plans to give…