The Nasdaq and the S&P regained lost ground in afternoon trading to close higher. Meanwhile the consumer discretionary stocks put pressure on the indexes throughout the session after morning data showed a December decline in retail sales and a souring of consumer sentiment.
A late-afternoon recovery in technology stocks helped erase most of the market’s losses Friday, but it wasn’t enough to keep major indexes from logging their…
Stocks closed higher on Wall Street Wednesday after the latest report of surging prices appeared to keep the Federal Reserve on track to raise interest rates later this year. The S&P 500, the Dow Jones Industrial Average and the Nasdaq rose. Technology stocks led the market higher. Inflation jumped 7% last month, its fastest year-over-year pace in nearly four decades, but in line with economists’ forecasts. Fed Chair Jerome Powell told Congress Tuesday the Fed stands ready to raise rates to fight inflation.
The Centre is planning to classify cryptocurrency exchanges as e-commerce platforms and levy a one percent tax collected at source on them under the goods and services tax (GST) regime.
Europe’s leading fintech scales its operations within the U.S. through the acquisition of America’s largest local commerce network SumUp, the London-based global payments service provider with over 2,800 employees across three continents, today announces its acquisition of Fivestars (www.fivestars.com), America’s largest two-sided local commerce network that combines a
The Bitcoin price soared again on Monday as the coin headed for $57,500. With a 5% gain on the day, BTC is now eyeing the $60k level and a potential move to the all-time highs around $64k.
Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has
Dealmakers reflect that ‘Face-to-face interaction with clients is critical’