May 21, 2024
Investors

European markets live updates: stocks, news, data, Davos

9 Hours Ago Goldman Sachs says it’s time to buy this unloved global sector — and names some top stocks Europe’s utilities sector may have come under pressure over the past three years, but Goldman Sachs says a shift is underway, naming stocks to play the industry in 2024. “We believe that the improved outlook

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Investment

Here’s why Warren Buffett calls airline stocks hazardous to your investment health

With a midair emergency, disappointing profit forecast and more aircraft groundings after only two weeks, the airline industry is already off to a turbulent 2024. That only vindicates Warren Buffett, who dumped $4 billion worth of airline stocks in the pandemic and will most likely never give the industry another chance. Buffett, chief executive officer

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Investors

Investing in hobbies can be money well spent — just don’t take on debt

Ryanjlane | E+ | Getty Images People often start the year by revisiting their budgets with a resolution to save money and cut back on discretionary spending. Yet, experts say hobbies shouldn’t be the first category to go. Americans on average spent $3,458 on entertainment in 2022, according to the most recent Consumer Expenditures report

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Investors

Japan wants higher returns for investors — here’s what it’s doing

Flag of Japan on dark blue background. 3D render Da-kuk | E+ | Getty Images The Japanese government and the TSE also have plans in the works for increasing corporate board independence and female representation. “It’s not just the Tokyo stock exchange, but the entire Japan government is pushing for better corporate governance right now,”

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Crypto

Coinbase, Robinhood shares rise as bitcoin ETF approval adds credibility to cryptocurrency industry

SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency

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Crypto

SEC’s Gensler gives in to a bitcoin ETF, but the hostility is still there

They changed because the SEC lost a key court case last August: The U.S. Court of Appeals for the D.C. Circuit held that the commission failed to adequately explain its reasoning when it turned down Grayscale’s proposed bitcoin ETF. Gensler was forced to give in, but not on all fronts. For starters, he is engaged in

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Investment

China will make foreign investment easier, vice premier tells foreign execs

SAN FRANCISCO, CALIFORNIA – NOVEMBER 10: U.S. Secretary of the Treasury Janet Yellen (R) greets People’s Republic of China (PRC) Vice Premier He Lifeng at the start of a bilateral meeting at the Ritz Carlton Hotel on November 10, 2023 in San Francisco, California. Secretary Yellen and Vice Premier Lifeng will hold meetings ahead of

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Investors

Stock market today: Live updates

An Hour Ago Crypto stocks jump after SEC greenlights U.S. bitcoin ETFs 2 Hours Ago House committee demands a hearing with SEC Chair Gensler after X account controversy The House Financial Services Committee now wants SEC Chair Gary Gensler to provide details on what led up to the regulator’s X account posting a false social

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Crypto

Bitcoin ETFs threaten Coinbase after stock rose almost 400% in 2023

Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images While custody revenue presents a big growth opportunity for Coinbase in the near term, some industry analysts are concerned that the company’s core transaction business

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Crypto

Bitcoin will hit record high in 2024, bulls say, after false SEC post

Representations of cryptocurrency Bitcoin are placed on a PC motherboard in this illustration taken June 16, 2023.  Dado Ruvic | Reuters The false news was enough to send bitcoin spiking briefly before falling. It also ruined the celebrations of the crypto industry players in St. Moritz, many of who have been waiting for years for

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