Crypto exchange Kraken said Wednesday that it will stop operations in Japan next month, blaming a “weak crypto market globally.”
Category: Finance News
Global economy is heading into a decade of low growth, economist says
The global economy likely faces a decade of sluggish growth, according to Daniel Lacalle, author and chief economist at Tressis Gestion.
‘It’s massively welcome.’ What to know about the latest 1099-K tax reporting change for Venmo, PayPal
The IRS has issued a one-year delay for the 1099-K tax reporting change, applying to business transfers over $600. Here’s what taxpayers need to know.
Stocks making the biggest moves midday: Southwest, Peloton, Tesla, Herbalife and more
These are the stocks posting the largest moves in midday trading.
Stop complaining, says billionaire investor Charlie Munger: ‘Everybody’s five times better off than they used to be’
The billionaire investor can’t understand why people today aren’t more content with what they have, especially after the struggles of previous generations.
How Bank of America achieved a massive comeback from the brink of collapse
The hard-learned lessons from the 2008 financial crisis allowed Bank of America to earn its position as the second-largest bank in the United States.
History suggests the odds are against 2023 being another bad year for stocks
Could we have another down year in 2023? It’s possible, but it is statistically unlikely.
Stocks making the biggest moves premarket: Southwest, Tesla, Peloton and others
These are the stocks posting the largest moves before the bell.
Hit by climate change, farmers in Cambodia are risking everything on microfinance loans
Crop failures from erratic weather and wildfires are leading farmers to take out loans to survive, with their land — and therefore livelihood — as collateral.
Shares of China-based funeral company are surging as Covid infections spike
Hong Kong-listed shares of China’s biggest cemeteries operator and funeral service rose to their highest level in more than a year amid a brutal Covid wave.