(SoFi) Shares of SoFi fell more than 11% on Thursday after lowering its net revenue and adjusted EBITDA guidance in FY22 to between $1.47 billion and $100 million, respectively. The…
(NY Times) President Joe Biden's budget proposal will reportedly include a provision barring company executives from selling their shares following a buyback. The administration is making a call to freeze…
(CoinTelegraph) President Biden is reportedly expected to issue an executive order next week instructing government agencies to study cryptos and a central bank digital currency. In a Thursday report from…
(Markets Insider) President Joe Biden’s call to his Chinese counterpart Xi Jinping on Friday raised optimism globally on the revival of trade between the two rivals. Global stocks surged following…
(Energy.gov) The administration under president Joe Biden is targeting about 45% of US total energy consumption from the sun by 2050. The target is a significant jump from a provision…
(Bloomberg) The U.S.’s $550 billion infrastructure bill that will see the biggest public expenditure in decades passed by the Senate now awaits clearance by the legislature. President Joe Biden said…
President Joe Biden would amend his infrastructure package to get Republican’s support, according to The Washington Post. The new plan proposes raising $1 trillion through tax amends that will not…
Joseph Robinette Biden Jr. was sworn in as the 46th U.S president to end days of daunting power transfer in recent American history, reports CNBC. Biden declared, “Democracy has prevailed”…
President-elect Joe Biden announced plans to nominate former Federal Reserve Chair Janet Yellen as Treasury Secretary. If approved, Yellen, 74, will become the first woman to head the Treasury Department.…
About 98% of political contributions from the tech firms went to Democrats, reports CNBC. The CEOs of Asana, Twilio, and Netflix were among the biggest contributors, all targeted Democratic groups…
U.S. presidential election results are trickling in, and there is a possibility that neither candidate reaches the 270 electoral votes required to win by the end of the election night,…
Foreign exchange markets on Tuesday priced for a possible Joe Biden president despite rising concerns over possible post-election disputes that could increase the dollar’s volatility. The dollar fell 0.44% against…