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Financial Services, Industries

Visa Inks Deal With Goldman for Global Corporate Payments

June 7, 2021

Via: TheStreet

Visa shares rose Monday as the credit-card giant announced a deal with Goldman Sachs GS that will allow the banking titan’s corporate customers to use Visa to make global payments. “Through its implementation of Visa B2B Connect and Visa Direct […]


Enterprise, Industries

Ford stock could climb another 12% on a refreshed vehicle lineup and a boost from inflation, JPMorgan says

June 4, 2021

Via: Markets Insider

Ford stock could climb another 12% with a boost from its refreshed vehicle lineup and inflation, JP Morgan says. In a note to clients on Friday, JP Morgan analysts led by Ryan Brinkman reiterated their “overweight” rating on shares of […]


News

U.S. economy added 559,000 jobs in May, vs. estimates for 675,000

June 4, 2021

Via: NBC News

The economy added 559,000 jobs last month, double April’s disappointing total, and the unemployment rate ticked down to 5.8 percent from 6.1 percent, according to data released Friday by the Bureau of Labor Statistics. While the headline jobs number falls […]


News

US jobless claims drop to 385,000, another pandemic low

June 3, 2021

Via: ABC News

The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S. job market is regaining its health as the economy further reopens. The Labor Department […]


News

Biden tax proposal in focus at Group of 7 ministers’ meeting

June 3, 2021

Via: ABC News

U.S. President Joe Biden’s proposals for deterring tax avoidance by multinational companies will be a major theme Friday when finance ministers from the Group of Seven wealthy democracies start talks on economic cooperation in London. Biden’s push for a global […]


Finance Tech, Liquidity, News

Why China Is Cracking Down on Bitcoin Mining and What It Could Mean for Other Countries

June 2, 2021

Via: Time

The annual spring rains bring many changes to southwestern China’s Sichuan province. Downpours transform the mottled landscape into lush emerald, while azaleas bloom and migrating cranes and storks begin the long journey back north. The rainfall also brings trucks stacked […]


Energy, Industries

Biden scraps Trump-era drilling programme in Alaska’s Arctic Refuge

June 2, 2021

Via: Sky News

Interior Secretary Deb Haaland issued the order – which comes after a temporary moratorium on oil and gas lease activities imposed by President Joe Biden on his first day of office. Mr Biden has been against drilling in the region […]


Finance Tech, Liquidity

Bitcoin’s recovery should accelerate if the stock market hits record highs, according to Fundstrat’s Tom Lee

June 1, 2021

Via: Markets Insider

Fundstrat’s Tom Lee reiterated his bullish view on bitcoin in a note on Monday, saying that the cryptocurrency could surge to record highs if the stock market reaches new all-time-highs. Lee reiterated his view that bitcoin will exceed the $125,000 […]


Energy, Industries

Oil jumps to two-year high as OPEC and allies reconfirm gradual production increase

June 1, 2021

Via: NBC News

A group of some of the world’s most powerful oil producers agreed on Tuesday to continue gradually easing production cuts amid a rebound in oil prices. OPEC and its oil-producing allies, known as OPEC+, will boost output in July, in […]


News

Closing prices for crude oil, gold and other commodities

May 28, 2021

Via: ABC News

Benchmark U.S. crude oil for July delivery fell 53 cents to $66.32 a barrel Friday. Brent crude oil for July delivery rose rose 17 cents to $69.63 a barrel. Wholesale gasoline for June delivery fell 1 cent to $2.14 a […]