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Amazon workers at New York warehouse vote to form company's first US union
(CNN Business)Amazon (AMZN) warehouse workers at a facility in New York City have voted to form the first US union in the tech giant's 27-year history, marking a stunning victory for a bootstrapped effort led by a fired employee. In a closely watched election, workers at a Staten Island, New York, f
Lawmaker blasts Big Oil CEOs at hearing: 'You are ripping off the American people'
New York (CNN Business)Leading oil company CEOs declined on Wednesday to endorse a call from Democrats to reduce dividends and share buybacks and plow the money into ramping up production instead. During a hearing, Rep. Frank Pallone, a New Jersey Democrat, asked the top executives from ExxonMobil (
Bitcoin Sinks Below $22,000. Crypto Stocks Coinbase and Marathon Digital Tumble.
Bitcoin fell below $22,000 on Friday. Dreamstime Bitcoin sank to below $22,000 on Friday, following global stocks lower amid uncertainty over how aggressive the Federal Reserve would be in its effort to cool inflation with interest-rate hikes. Bitcoin, the world’s largest cryptocurrency, has decline
Stocks rise, Nasdaq gains for third straight day despite red-hot inflation report
U.S. stocks moved slightly higher Wednesday after a key inflation report showed a historic gain but largely matched expectations. The S&P 500 added roughly 0.28% to 4,726.35, and the Nasdaq Composite rose 0.23% to 15,188.39 for its third straight positive day. The Dow Jones Industrial Average, w
Europe faces 'severe' risk of disorderly financial market correction: Lagarde
USDINR 78.01 ▲ 0.04%. EUR/USD 1.0530 ▲ 0.20%. GBP/USD 1.2278 ▲ 0.23%. India 10-Year Bond Yield 7.477 ▲ 0.66%. US 10-Year Bond Yield 3.282 ▲1.34%. ADXY 102.87 ▲ 0.10%. Brent Oil 115.22 ▲ 0.96%. Gold 1,842.15 ▲ 0.08%. NIFTY 50 15,435.50 ▲ 0.56%. Global developments German producer prices rose 33.6% in
Rapidly Deteriorating Inflation Dynamics Probably Imply Risks Tilted to Hawkish Side
#OPINIONLEADER# Markets Key US equity indices lost another 2% on Friday and more importantly high-level support marks. The S&P fell below the neckline of a triple top formation at 4495, suggesting more downward potential towards the October low of 4279 with the final target o
AUD/USD holds falls back below 68 US cents
Daily Currency Update The Aussie dollar is slightly weaker this morning when valued against the greenback. On Friday the Australian dollar dropped against the US Dollar following the release of a positive employment report in the United States which showed an increase in wages, pressuring the Federa
European Stocks Close On Strong Note After Inflation Data
European stocks closed on a buoyant note on Wednesday as easing concerns about inflation triggered hectic buying at several counters from across various sectors. A measure of French inflation unexpectedly slowed in December and the euro area's final composite PMI saw a slight upward revision versus
How To Become a Signal Provider on FOLLOWME?
Signal Provider Application Conditions 1, Before applying for a signal provider, real-name authentication must be completed, and the real-name information of the trading account must match the real-name authentication information. 2, No subscribing orders. 3, For API accounts, once the real-name ver
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The party is over at Robinhood. But meme mania lingers
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.London (CNN Business)Robinhood got off to a rocky start when it made its Wall Street debut
Workers at Home Depot in Philadelphia file for union vote
New York (CNN Business)Workers at an Home Depot store in Philadelphia have filed to have a vote to be represented by a union. The store, at 4640 Roosevelt Blvd. in Philadelphia, has about 275 employees, according to the filing by an independent union, Home Depot Workers United, which is seeking the
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Digital Revolution: Will Cryptocurrencies Take Over the World? Part III
#OPINIONLEADER# Part III: Central Bank Digital Currencies Summary Paper money is a risk-free asset for an individual or business that holds it and a liability of the central bank that issues it. Paper money works well as a medium of exchange for small value payments that are made “in
The Fed's fight against inflation could cost the US 1.2 million jobs
Minneapolis (CNN Business)In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple euphemisms to describe the potential impact on Americans' jobs, from economic "pain" to "unfortunate costs" and a "softening labor market." Data, however, doesn't min
Indonesia Inflation Climbs To 5.51%
Indonesia's inflation increased unexpectedly in December and remained above Bank Indonesia's target as food prices continued to rise at stronger rates, data from the statistics bureau showed on Monday. The consumer price index rose 5.51 percent year-on-year in December, following a 5.42 percent incr
TITAN CAPITAL MARKETS Introduces 'Titan Ecosystem' - Bridging the Market Gap Between Academia and Forex Trading
Recently, TITAN CAPITAL MARKETS introduced its "Titan Ecosystem", which will bridge the market gap between academia and forex trading. Foreign Exchange is the largest financial market in the world. According to Bank for International Settlements (BIS), the daily volume of the international foreign e
