Investor Day Ban 2022 Talks About Bitcoin

Block’s overarching goal is to advance global economic empowerment, and Bitcoin plays a central role in that mission, CEOs said during the company’s first investor day since 2017 on Wednesday. Amrita Ahuja, lead in finance at Block, said during the online event after a statement that the company has “believed that Bitcoin will have a … Read more

Retailers ask Visa and MasterCard to raise fees that could make inflation worse

Last month, the two credit card companies combined some of their exchange rates, or the fees merchants pay with each credit or debit card transaction. These so-called “withdrawal fees” are then paid to the card-issuing bank but are largely invisible to the consumer. However, some retailers claim that the additional fees will force them to … Read more

What does that mean for investors as the pair approaches parity?

A statue of the Euro stands in front of the former European Central Bank headquarters in Frankfurt, Germany, on Sunday, July 3, 2016. Christian Boxey | Bloomberg | Getty Images The euro approaching parity with U.S. dollar For the first time in 20 years, currency strategists are divided over whether it will get there, and … Read more

Explainer: Why is Wall Street so close to a bear market?

New York (AFP) – Bears are heading towards Wall Street. This year’s stock market slump has pushed the S&P 500 index close to what’s known as a bear market. High interest rates, high inflation, the war in Ukraine and a slowing Chinese economy have caused investors to reconsider the prices they are willing to pay … Read more

Stocks drop sharply as target problems renew inflation fears

New York (AFP) – The Dow Jones Industrial Average plunged more than 1,100 points and the Standard & Poor’s 500 index saw its biggest drop in nearly two years on Wednesday, as a lack of big profits from Target and other major retailers fueled investor fears. That high inflation could severely reduce corporate profits. The … Read more

Stocks drop sharply as target problems renew inflation fears

NEW YORK – The Dow Jones Industrial Average plunged more than 1,100 points and the S&P 500 saw its biggest drop in nearly two years on Wednesday, as heavy profit losses by Target and other major retailers fueled investor fears that rising inflation could… Deep into the companies. earnings. The massive selling erased gains from … Read more