Financial World featuring Sports, Movies, Games, Gossip, Business and Cryptocurrency.

1 day ago · DTX Exchange has raised over $12 million and is on track to reach $14 million this week. The altcoin has gained attention for its innovative trading platform, which offers access to over 120K asset classes, including cryptocurrencies and gold.

Jan 16, 2025 · JPMorgan Chase & Co.'s annual profit hit a record high on a strong fourth-quarter market. JPM earned $14 billion in the period, the most in its history and the most by any U.S. savings institution. The company's annual profit of $58B was driven largely by a surge in its Wall Street operations as ...

2 days ago · Bitcoin has recovered from yesterday’s brief spike below $100K, which wiped out $130 billion of its market cap, and is currently trading at $103K. During the DeepSeek Tech share rout, this cryptocurrency hit a low of $97,750 as it tracked the tech sector lower. However, its quick recovery from key ...

Jan 21, 2025 · Rebeca Riddel reacts. Rebeca Riddel from Oxfam is one of those who is outraged by this state of affairs, believing that this kind of inequality can only create even bigger problems. "It is an unimaginable amount. This extreme inequality is nothing to celebrate," said Rebecca Riddel of Oxfam.

Jan 17, 2025 · Increased sanctions on the Russian energy sector. Founder and manager of the hedge fund Key Square Capital Management, Bessent, assessed that the previous US sanctions on the Russian oil sector were too weak and that the Biden administration did not have enough strength to introduce more extensive sanctions due to the limitation of US oil production.

Nov 24, 2024 · Analysts believe that 3i's (Inflation, Inequalities and Immigration) were the principal culprit in political revolutions that over the last 15 months have either swept from power or meaningfully weakend almost all incumbent governments (e.g. US, UK, France, Germany, the Netherlands, Austria, Italy, Poland, Japan, and India).

Canadian Employment Grows by 91K in December Bank of Canada Expected to Cut Rates Through Mid-2025 2 days ago

Aug 12, 2024 · Since March 2022, when the United States and the European Union imposed a ban on exports of their currencies to Russia, Moscow has managed to obtain as much as $2.3 billion in cash dollars and euros, according to customs data seen by Reuters. These previously unpublished data indicate Russia's ability to circumvent international sanctions, while ensuring continuity in the use of Western ...

Jul 30, 2024 · US dollar (USD) Analysts are optimistic about the dollar until 2025 (in case of Trump's victory). The recent focus on Fed rate cuts and a weaker US economy caused the USD to fall in July.