Coinbase stock fell late Thursday after its earnings report showed a major decline in crypto trading volume. Shares Coinbase (COIN) rallied during trade after the cryptocurrency exchange started offering crypto futures late Wednesday to eligible U.S. retail customers. Bitcoin and cryptocurrency prices faded from overnight highs Thursday morning. Elsewhere, former FTXContinue Reading
Nov 2 (Reuters) – Apple (AAPL.O) on Thursday gave a sales forecast for the holiday quarter that missed Wall Street expectations, hurt by weak demand for iPads and wearables, sending its shares down about 3% in after-hours trading. Chief Executive Tim Cook insisted that the company’s new iPhone 15 modelsContinue Reading
FILE – President Joe Biden speaks about the September jobs report in the Roosevelt Room of the White House, Friday, Oct. 6, 2023, in Washington. Biden on Saturday decried the “appalling assault” against Israel by Hamas militants and said the United States was prepared to offer support after the surpriseContinue Reading
Employees work at the production line of aluminium rolls at a factory in Zouping, Shandong province, China November 23, 2019. Picture taken November 23, 2019. REUTERS/Stringer/File Photo Acquire Licensing Rights China’s Oct private PMI marks first contraction since July Japan, South Korea continue to see factory activity slump Surveys underscoreContinue Reading
5 Hours Ago Yen weakens after Bank of Japan holds rates, increases flexibility on yield curve control Japan’s yen weakened after the country’s central bank kept interest rates steady and said it will allow more flexibility in its yield curve control policy. The Bank of Japan said the target levelContinue Reading
Federal regulators are warning consumers to stop using a number of over-the-counter eye drops that may pose an infection risk, marking the latest of several alerts this year against artificial tears. The notice applies to 26 eye drop products marketed under several store brands, such as CVS Health, Rite AidContinue Reading
A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, as the country is hit by the novel coronavirus outbreak, in Hangzhou, Zhejiang province, China March 2, 2020. China Daily via REUTERS/File Photo Acquire Licensing Rights Manufacturing PMI unexpectedly falls Non-manufacturing PMIContinue Reading
DETROIT, Oct 29 (Reuters) – United Auto Workers President Shawn Fain is meeting Sunday afternoon with local union leaders from Ford (F.N) to start the process of ratifying a new contract, while bargaining continues at General Motors (GM.N) following a setback Saturday. Fain on Saturday ordered a walkout at GM’sContinue Reading
CNN — Richard Wesmoreland says in the beginning, being an airline pilot was great. But the repeated, days-long stretches away from home — commuting back and forth between his home near Houston and regional carrier SkyWest’s crew based in Detroit — began to take a toll on his new marriageContinue Reading
HSBC’s profit after tax came in at $6.26 billion in the three months ended September, jumping 235% compared to the $2.66 billion in the same period last year. Profit before tax for the quarter rose by $4.5 billion to $7.7 billion, mainly due to a higher interest rate environment. Revenue roseContinue Reading
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