China’s economic recovery quickened sharply in the first quarter to record growth of 18.3 percent from last year’s deep coronavirus slump, propelled by stronger demand at home and abroad and continued government support for smaller firms. But the brisk...
The European Central Bank published this week the results of a public consultation on a digital euro. Half of the respondents, most of whom are German men, said that blockchain would resolve counterfeiting and technical glitches, and most want a digital euro...
The man known as "Roaring Kitty" on social media, whose online posts helped spark January's trading frenzy in GameStop Corp (GME.N), exercised call options on the stock to acquire 50,000 more shares at a strike price of $12, Bloomberg reported.
This week both gold and silver had substantial gains as multiple events were highly supportive of the safe-haven asset class. Rising geopolitical tensions, recent drops in the yield of 10-year Treasury notes, dollar weakness, a highly accommodative Federal Reserve and concern about...
To those of us who have been in the industry for a long time, Dogecoin has always been an oddity: A project that has exceptional approachability and appeal to new users while lacking most of the characteristics that make cryptocurrencies useful or...
The recovery from the pandemic is quickly accelerating, at least based on red-hot demand in the oil market. The International Energy Agency and OPEC forecast bullish demand for oil in 2021 – the IEA this week said producers may...
General Motors and South Korea’s LG Chem will invest more than $2.3 billion in a second U.S. battery cell plant for electric vehicles in Tennessee, the companies announced Friday. The plant for their Ultium Cells LLC joint venture will...
Coinbase Global Inc. got a jump start on its first day of trading from the retail crowd. And the early enthusiasts likely walked away with a few bruises. Day traders purchased a net $57 million of the cryptocurrency exchange’s...
China reported first-quarter gross domestic product a touch below expectations as industrial production disappointed but retail sales beat. GDP soared 18.3% in the first three months of the year from a year ago, China’s National Bureau of Statistics said...
Mercedes-Benz believes its new EQS sedan will redefine the all-electric luxury vehicle segment as it competes against Tesla and a growing number of emerging start-ups and legacy automakers. The 2022 Mercedes-Benz EQS, unveiled Thursday, marks a new era for...
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