American consumers are bearing the costs of higher prices for goods and services as inflation worries heighten. According to The Wall Street Journal, prices have jumped by double-digit percentages from…
Tesla has ramped up EV infrastructure with a new supercharger station at the Everest base camp at Tingri, Tibet, according to Benzinga. The move is part of efforts to scale…
U.S gasoline prices could jump above $3.00 a gallon, the highest mark since 2014, according to Bloomberg. Prices were at $2.96 a gallon on Friday, as cyberattack hit the country’s…
Ether surpassed the $4,000 mark for the first time on Sunday night, trading at $4,058.82 at the midnight of Eastern time. Crypto enthusiast Nigel Green has predicted a price of…
China has offered subsidies running in billions of dollars to state-owned firms to buy overseas factories, according to Wall Street Journal. The subsidies are part of Beijing’s pursuit of economic…
Goldman Sachs has created a crypto trading desk and successfully executed two bitcoin-linked derivatives, according to CNBC. The crypto team is under the bank’s global currencies and emerging markets trading…
Ripple nearly doubled the sales of XRP in the first quarter on the back of higher engagement during the period, the firm announced in a statement. The average daily volume…
Jefferies upgraded Tilray Inc. shares to buy from underperform with a price target of $23 from $4.77, according to MarketWatch. Analyst Owen Bennett termed Tilray’s merger with Aphria Inc. as…
Bank of America sees an imminent correction in steel prices after surging to a record high of around $1,500 a ton, according to CNN Business. Analyst Timna Tanners has called…
Total nonfarm payroll employment increased by 266,000 in April, according to the Bureau of Labor statistics press release. Unemployment rate remained little changed at 6.1%, more than expected 5.8%. The…
Adidas sales in China jumped by 156% in Q121 amid boycotts against international brands by mainland consumers, according to the company’s press release. All market segments recorded growth, helping the…
Citigroup is exploring the idea to launch crypto trading, custody, and related financing services, according to The Block. The move reflects growing interest in bitcoin from the bank’s major clients…