Catch up on nonfungible token (NFT)-related news this week from restaurants to movies and music. Below is a roundup of stories you don’t want to miss. Melania Trump’s eyes become an NFT Former first lady Melania Trump launched her own NFT platform and dropped her first digital collectible titled “Melania’s Vision,” which will be on
MELBOURNE: prices dipped on Friday, putting the market on track to end the week roughly unchanged, as surging cases of the Omicron coronavirus variant raised fears new curbs may hit fuel demand, while a weaker dollar supported commodity markets broadly. U.S. West Texas Intermediate (WTI) crude futures fell 17 cents, or 0.2%, to $72.21 a
U.S. President Joe Biden speaks prior to signing an executive order intended to reduce bureaucracy around government services for the public, in the Oval Office at the White House in Washington, U.S., December 13, 2021. Evelyn Hockstein | Reuters President Joe Biden signed a debt ceiling increase into law Thursday, ensuring the U.S. will not
In this article DRI Diners wearing protective masks wait outside an Olive Garden restaurant in Thornton, Colorado, on Friday, March 19, 2021. Chet Strange | Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly earnings and revenue that topped analysts’ expectations, leading the company to raise its sales and earnings forecast for the rest of fiscal 2022.
AUD/USD has continued to decline in recent trade and is now in the 0.7130s, down 0.7%, after hawkish Fed rhetoric. Fed’s Waller said the whole point of the Fed’s QE acceleration was to make the March meeting live for lift-off. Recent downside momentum in AUD/USD has continued throughout US trading hours spurred primarily by a
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Investors are back in risk-off mode after a week of volatility. Yen is rising broadly, followed by Swiss Franc and Dollar. On the other hand, commodity currencies are back under some pressure. Euro and Sterling are both mixed. The question is whether pre-weekend selloff in stocks would intensify and push Yen and Franc to end
The United States Securities and Exchange Commission (SEC) continues to delay decisions on Bitcoin (BTC) exchange-traded funds (ETF), issuing two fresh deadline extension notices. On Dec. 15, the SEC postponed two major Bitcoin exchange-traded offering proposals, including NYSE Arca’s “actual” Bitcoin ETF, named Bitwise Bitcoin ETP Trust, and Grayscale Bitcoin Trust’s Bitcoin ETF. The SEC
NEW DELHI: Gold prices climbed on Friday as the dollar weakened after the US Federal Reserve decided to withdraw its pandemic-era stimulus in response to fight broadening inflationary risks. The yellow metal is poised for its best weekly performance since mid-November. The US Fed said it would pave the way for three quarter-percentage-point interest rate
Jobless claims were higher than expected last week after previously hitting their lowest level since 1969, the Labor Department reported Thursday. Initial filings for unemployment insurance for the week ended Dec. 11 totaled 206,000, above the 195,000 Dow Jones estimate and a gain of 18,000 from the previous week’s upwardly revised 188,000. Though the weekly
Shantanu Narayen Mark Neuling | CNBC Adobe shares plummeted more than 10% on Thursday after the software maker issued a revenue forecast for the fiscal first quarter that fell well shy of analysts’ estimates. The stock is on pace for its second-worst drop in the past decade, surpassed only by a 15% slide in mid-March
USD/TRY blows past another record high, surges to the 17.00 neighbourhood on Friday. The recent CBRT rate cuts, soaring inflation continues to weigh heavily on Turkish lira. The Turkish lira crashed to another record low on Friday and shot to the 16.85-90 region against its American counterpart during the first half of the European session.
The ECB meeting came largely in line with expectations. While leaving the policy rates unchanged, the members confirmed that the PEPP program would end in March 2022. Meanwhile, they have extended the reinvestment process and topped up the APP program, as means to continuously provide liquidity to the market. The staff economic projections saw sharp
New Delhi: Capital markets regulator Sebi on Thursday came out with a framework pertaining to cut-off time for generation of last risk parameter file used for collecting margins from commodities traders. Also, the regulator modified the framework prescribed for enabling verification of upfront collection of margins from clients in commodity derivatives segment. The new framework
Count former U.S. Treasurer Rosie Rios among the experts who sees brighter days ahead for the U.S. economy. If she’s right, it could mean good news for businesses and shoppers. “I’m much more optimistic about 2022 than I was about 2021,” Rios, who served in that role as part of the Obama Administration from 2009
EUR/USD holds onto biggest daily gains in a week around monthly high. Clear break of seven-week-old falling trend line, bullish MACD signals favor buyers. One-month-old horizontal area challenges further upside, ascending trend line from late November restricts short-term declines. Although 200-SMA probe EUR/USD bulls around a monthly peak, a clear break of the short-term key