The federal government has ordered a temporary halt to the shipment of contaminated waste from the site of the train derailment in eastern Ohio that has prompted environmental and public health concerns. Federal authorities paused shipments of waste out of East Palestine, Ohio, on Saturday. Norfolk Southern, the company that owns the train that derailed,
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"Clearly 2022 was tough: more than half of the Americans we surveyed reported that they were not on track to achieve their financial goals," wrote Tom Van Horn, Magnifi's chief product officer, of a report released by the financial firm looking at the state of personal investing in 2023. Yet 2023 is starting off on
RobinhoodHOOD reported a 95% month-on-month increase in cryptocurrency trading volumes in January, with total volumes amounting to a whopping $3.7 billion. What Happened:Notional Trading Volumes were the primary driver of transaction revenues in January and were significantly higher than in December. Equities reached $46 billion, an increase of 19%, while option contracts climbed 10%, reaching
Fintech (financial-technology) is helping reshape the financial industry in a myriad of ways. It has made the world of banking far more accessible. For instance, you can now open a bank account online without the need to visit a bank. It has also simplified the process of making payments. You can turn your smartphone into
President Biden’s student loan relief plan faces a do-or-die moment on Tuesday as it reaches the Supreme Court for oral arguments. The up to $20,000 in debt relief that could go to millions of Americans faces two challenges: one from six Republican-led states, Biden v. Nebraska, and another from two student loan borrowers, Department of
Sen. John Fetterman has checked himself into a hospital to receive treatment for clinical depression, his office said Thursday. “Last night, Senator John Fetterman checked himself into Walter Reed National Military Medical Center to receive treatment for clinical depression,” a statement from the Pennsylvania Democrat’s office said. “While John has experienced depression off and on
Nearly $2.7 billion USD worth of crypto has been lost in 2022 to hacks of smart contracts or protocol infrastructure a 63% increase from last year. With flash loan attacks remaining detrimental to blockchain sustainability, Q2 2022 experienced over $870 million USD in losses. The attacks plaguing Web3, however, are no different than the tried
In a carefully choreographed press moment that required extensive security and secrecy, President Joe Biden made an unannounced visit to Kyiv on Monday to promise “unwavering and unflagging commitment” to Ukraine. The one day trip, which involved Biden taking a 10-hour train ride through Ukraine and then touring the capital’s sights with President Volodymyr Zelensky,
close video Kevin O’Leary: US may get a soft landing, despite people saying it is impossible O’Leary Ventures chairman Kevin O’Leary provides insight on the state of the U.S. economy on ‘Kudlow.’ Multi-millionaire investor Kevin O'Leary believes energy is the greatest entrepreneurial sector in the American economy. "I love energy. Everybody hates energy. If you
Yes, please — How an early-warning radar could prevent future pandemics A tool called metagenomic sequencing can help detect unknown pathogens. Amos Zeeberg, Undark Magazine – Feb 26, 2023 11:56 am UTC EnlargeWladimir Bulgar via Getty Images reader comments 5 with Share this story Share on Facebook Share on Twitter Share on Reddit On December
For the first time since the beginning of 2021, Fintech is no longer the leading industry by investment as it has been surpassed by Healthcare ($16.7B). Despite a 64% downturn in global investments since Q4 2021, $13.3B has still found its way to Fintech startups in Q3 2022. Fintech investors are becoming more discerning as
Major Wall Street indices closed in the red on Wednesday as investors and traders turned their focus away from Federal Reserve commentary toward corporate earnings. The Nasdaq Composite and the S&P 500 closed over 1% lower while the Dow Jones fell 0.61%. Here are the five stocks that are drawing investors attention: 1. Tesla Inc
Amazon.com, Inc. AMZN shares are trading lower by 3.10% to $92.85 Friday afternoon amid overall market weakness following January PCE data, which showed a rise in US inflation. Rising inflation could lead to more aggressive Fed policy, which could negatively impact consumer spending. So What Happened? Our Benzingateam reported the headline PCE rose 5.4% in
With the Blur marketplace set for a second airdrop soon, Nansens Andrew Thurman theorized that this major NFT dump could be a play to reap extra BLUR token rewards while also booking some profits. 8304 Total views 159 Total shares Listen to article 0:00 News Own this piece of history Collect this article as an
Apple Inc.AAPL co-founderSteve Wozniakhas describedBitcoinBTC/USD as the only cryptocurrency thats pure-gold mathematics. What Happened: Wozniak made the comments about Bitcoin in aninterviewwith Business Insider in March 2022, adding that many cryptocurrencies are untrustworthy and have a track record of being rip-offs. There are so many cryptocurrencies that come out now; everybody has a way to
If youve been in markets for long enough, you may remember the February 2018 Volpocalypse episode that turned successful long-running trades on their head. Traders who were betting against major market movements saw their profits erode in days, and a group of about 10from Lausanne, Switzerland, were able to spare themselves of the horror. As
I have a perfectly good desk at home — Google has gotten so cheap, employees now have to share desks Google’s cost-cutters take aim at the company’s office space and workspace culture. Ron Amadeo – Feb 24, 2023 11:05 pm UTC EnlargeBloomberg via Getty Images reader comments 174 with Share this story Share on Facebook
Consumers may be going offline and back into stores to shop, but when they do, they want to go digital to pay. Smartphone payments and tap to pay options continue to gain acceptance, leading the transition away from cash and card swipes as merchants rapidly install modular point-of-sale (POS) systems. Macro pressures took some of
Flashback to November 2021: Bitcoin is soaring at over $64,000 (more than three times its current price in 2023). The S&P 500, as well as popular tech stocks like Amazon.com, Inc. AMZN , Apple Inc AAPL and Tesla Inc TSLA , are all at historic highs. Meme stocks like GameStop Corp. GME and AMC Entertainment
Another strong earthquake hit Turkey Saturday morning, again rocking the region struggling to recover from a catastrophic quake two weeks ago. The 5.2 magnitude earthquake hammered central Turkey, just days after another quake near the Syrian border.It struck near the cities of Aksaray and Emirgazi. Saturday’s quake came as Turkey and Syria were trying to