Coinbase Acquires Crypto Data Aggregator Zabo - Blockworks

Coinbase Acquires Crypto Data Aggregator Zabo - Blockworks
Added 11 hours ago
Summary: Zabo began in 2018 with a mission to bring new tools and cryptocurrency into mainstream financial services.
1 people have read this
Cryptos: $XTZ$CSTL

Tata Steel Rallies on Rare Double Ratings Upgrade

Tata Steel Rallies on Rare Double Ratings Upgrade
Added a day ago
Summary: A second ratings upgrade for Tata Steel Ltd. this year has sparked a rally in the Indian steelmaker’s stock that’s outpacing its peers.
Sentiment: positive
1 minute read
1 people have read this
Stocks: $SPGI

API data show U.S. crude inventories down 879,000 barrels: sources

API data show U.S. crude inventories down 879,000 barrels: sources
Added 2 days ago
Summary: The American Petroleum Institute on Tuesday reported that U.S. crude inventories fell by 879,000 barrels last week, according to sources. Gasoline supplies...
Sentiment: negative
1 minute read
1 people have read this
Stocks: $SPGI

Hippo CEO expects NYSE listing to fuel better home insurance

Hippo CEO expects NYSE listing to fuel better home insurance
Added 2 days ago
Summary: Hippo Holdings Inc wants to change homeowners' insurance by using customer data to make it faster and easier to get coverage, Hippo's chief executive said in an interview.
1 people have read this

Hippo CEO hopes listing will fuel better insurance coverage for homeowners

Hippo CEO hopes listing will fuel better insurance coverage for homeowners
Added 2 days ago
Summary: Hippo CEO hopes listing will fuel better insurance coverage for homeowners
Sentiment: positive
4 minute read
1 people have read this
Cryptos: $FSN

Variety

Variety
Added 3 days ago
Summary: News Corp, the news and media conglomerate headed by Rupert Murdoch, will pay $1.15 billion in cash for Oil Price Information Service (OPIS), a deal that will expand its business-to-business digital information portfolio and continues its recent M&A streak. OPIS, which News Corp is acquiring from S&P Global and IHS Markit, will become part of […]
1 people have read this
Cryptos: $DAILY

China wants to curb steel production. Some say it's 'virtually impossible'

China wants to curb steel production. Some say it's 'virtually impossible'
Added 3 days ago
Summary: In the first half of 2021, Chinese steel mills have churned out nearly 12% more crude steel compared to the same period in 2020, according to Wood Mackenzie.
Sentiment: positive
5 minute read
1 people have read this
Stocks: $DNOW$SPGI

S&P, Markit to Sell Fuel-Data Arm to News Corp. to Ease Merger

S&P, Markit to Sell Fuel-Data Arm to News Corp. to Ease Merger
Added 3 days ago
Summary: S&P Global Inc. and IHS Markit Ltd. agreed to sell fuel-price and other commodities information services to News Corp. for $1.15 billion, aiming to smooth regulatory approval for a planned $39 billion merger.
1 people have read this
Stocks: $SPGI

News Corp to buy OPIS for $1.15 billion in cash

News Corp to buy OPIS for $1.15 billion in cash
Added 3 days ago
Summary: News Corp undefined announced Monday an agreement to buy Oil Price Information Service (OPIS) for $1.15 billion in cash, from S&P Global Inc. undefined and...
Sentiment: positive
2 minute read
1 people have read this
Stocks: $DOW$SPGI

Investors lose US$1T in China's wild week of market shocks - BNN Bloomberg

Investors lose US$1T in China's wild week of market shocks - BNN Bloomberg
Added 5 days ago
Summary: It began with a record crash in Chinese stocks on Wall Street and only got crazier from there.
Sentiment: negative
14 minute read
1 people have read this
Cryptos: $OFT

State Street to bring crypto services to its private-fund clients

State Street to bring crypto services to its private-fund clients
Added 5 days ago
Summary: The financial services company is working with crypto firm Lukka to provide crypto reconciliation and processing services.
Sentiment: positive
2 minute read
1 people have read this
Stocks: $SPGI$STT

State Street to launch crypto services for private funds clients

State Street to launch crypto services for private funds clients
Added 6 days ago
Summary: State Street, the second-oldest operating bank in the United States, will launch a set of new crypto services to private funds clients in partnership with blockchain data provider Lukka.
Sentiment: positive
4 minute read
1 people have read this
Cryptos: $UTED

As food prices soar, big agriculture is having a field day

As food prices soar, big agriculture is having a field day
Added 7 days ago
Summary: How long will it last? | Business
Sentiment: positive
5 minute read
2 people have read this
Cryptos: $USDA

Natural-gas prices hold gains as EIA reports a weekly supply climb of 36 billion cubic feet

Natural-gas prices hold gains as EIA reports a weekly supply climb of 36 billion cubic feet
Added 7 days ago
Summary: The U.S. Energy Information Administration reported on Thursday that domestic supplies of natural gas rose by 36 billion cubic feet for the week ended July...
1 people have read this
Stocks: $DNOW$SPGI

Ratings agencies downgrade China Evergrande as concerns over junk bonds rise

Ratings agencies downgrade China Evergrande as concerns over junk bonds rise
Added 7 days ago
Summary: China's tech crackdown may have triggered shockwaves across stock markets, but it's real estate that's sparking concerns in Asia's credit markets, BlackRock said.
Sentiment: negative
2 minute read
1 people have read this
Stocks: $BLK$SPGI

EIA reports weekly declines in U.S. crude, gasoline and distillate supplies

EIA reports weekly declines in U.S. crude, gasoline and distillate supplies
Added 8 days ago
Summary: The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 4.1 million barrels for the week ended July 23. On average,...
2 minute read
1 people have read this
Stocks: $SPGI

Coinbase: Crypto Market Cap Up 86% YTD, Ethereum Passes Bitcoin on YoY Growth - Blockworks

Coinbase: Crypto Market Cap Up 86% YTD, Ethereum Passes Bitcoin on YoY Growth - Blockworks
Added 8 days ago
Summary: In general, ethereum outperformed benchmark assets, including bitcoin in H1 with the crypto-asset appreciating 895% in the 12 month period compared to bitcoin’s appreciation of 280%
1 people have read this
Cryptos: $BTC$ETH$ARK

API data reportedly show weekly declines in U.S. crude and gasoline supplies

API data reportedly show weekly declines in U.S. crude and gasoline supplies
Added 8 days ago
Summary: The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 4.7 million barrels for the week ended July 23, according to sources....
2 minute read
1 people have read this
Stocks: $SPGI

Global shipping industry disrupted again, this time by floods in Europe and China

Global shipping industry disrupted again, this time by floods in Europe and China
Added 9 days ago
Summary: The floods in China and Europe are yet "another body blow" for global supply chains, the CEO of a shipping firm told CNBC on Monday.
Sentiment: negative
1 minute read
1 people have read this
Stocks: $SPGI

Funding News: Fireblocks, Eco and Saber Labs Raise Millions - Blockworks

Funding News: Fireblocks, Eco and Saber Labs Raise Millions - Blockworks
Added 9 days ago
Summary: Digital asset platform Fireblocks raised $310 million in Series D funding, just four months after its last $133 million Series C round, the company said in a statement.
Sentiment: positive
11 minute read
2 people have read this
Stocks: $FISI$SPGI

Goldman Sachs Files for DeFi and Blockchain Equity ETF - Blockworks

Goldman Sachs Files for DeFi and Blockchain Equity ETF - Blockworks
Added 10 days ago
Summary: Goldman Sachs' exchange-traded DeFi fund aims to invest at least 80% of its assets into securities included in its underlying index.
2 people have read this
Stocks: $SPGI$TISI
Cryptos: $UTED

America's billion-dollar gas game: Nord Stream 2 threatens US energy exports to Europe. No wonder Washington wanted to block it

America's billion-dollar gas game: Nord Stream 2 threatens US energy exports to Europe. No wonder Washington wanted to block it
Added 10 days ago
Summary: The US and Germany came to a historic agreement last week over the controversial Nord Stream 2 gas pipeline, as a compromise between the hawks who have sought to sink the project and those who want to do business with Russia.
1 people have read this
Stocks: $AWRE$SPGI
Cryptos: $UTED

What to expect as Big Oil reports second-quarter earnings

What to expect as Big Oil reports second-quarter earnings
Added 11 days ago
Summary: Oil and gas majors are likely to report bumper second-quarter earnings in the coming days, energy analysts have told CNBC.
Sentiment: positive
9 minute read
1 people have read this

As food prices soar, big agriculture is having a field day

As food prices soar, big agriculture is having a field day
Added 11 days ago
Summary: How long will it last? | Business
Sentiment: positive
14 minute read
1 people have read this
Cryptos: $USDA

Can Cryptocurrency Save Colombia From an Economic Downturn? | The Daily Hodl

Can Cryptocurrency Save Colombia From an Economic Downturn? | The Daily Hodl
Added 11 days ago
Summary: The violence in Colombia associated with anti-government protests in April and May serves as a warning sign that the Colombian government might not have the power or authority to avoid a serious economic downturn – or worse, a debt crisis. This scenario is causing Colombians to reconsider how to manage their assets.
Sentiment: negative
10 minute read
1 people have read this
Cryptos: $BTC$DAILY

AI startup funding remained strong in Q2, report finds

AI startup funding remained strong in Q2, report finds
Added 13 days ago
Summary: CB Insights found that AI startup funding remained strong in Q2 2021, with a record number of companies reaching 'unicorn' status.
Sentiment: positive
5 minute read
1 people have read this
Stocks: $DNOW$SPGI

Dow futures rise more than 160 points as stocks go for 4-day winning streak

Dow futures rise more than 160 points as stocks go for 4-day winning streak
Added 13 days ago
Summary: Stock futures rose Friday, as the major averages tried to post their fourth straight day of gains.
Sentiment: positive
5 minute read
1 people have read this
Cryptos: $STRONG

EV Batteries: The Next Victim of High Commodity Prices?

EV Batteries: The Next Victim of High Commodity Prices?
Added 14 days ago
Summary: Cheaper batteries over the past decade have made electric vehicles more price-competitive, but rising demand for EVs could disrupt that trend.
Sentiment: negative
3 minute read
1 people have read this
Stocks: $DNOW$SPGI
Cryptos: $AUTO$MNR

S&P maintains Russia’s stable economic outlook despite sanctions and pandemic

S&P maintains Russia’s stable economic outlook despite sanctions and pandemic
Added 14 days ago
Summary: S&P maintains Russia’s stable economic outlook despite sanctions and pandemic
2 people have read this
Stocks: $SPGI

​​​​​​​Record Droughts Plague Argentina As Parana River Hits 77-Year Low

​​​​​​​Record Droughts Plague Argentina As Parana River Hits 77-Year Low
Added 14 days ago
Summary: ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
1 people have read this
Stocks: $SPGI$TWTR
Cryptos: $RSV

Musk, Dorsey and Carter Make Case for a Greener Bitcoin - Blockworks

Musk, Dorsey and Carter Make Case for a Greener Bitcoin - Blockworks
Added 14 days ago
Summary: “There appears to be a positive trend in energy for bitcoin,” Musk said during the “Bitcoin as a Tool for Economic Empowerment” session at The B-Word conference.
Sentiment: positive
9 minute read
1 people have read this
Cryptos: $BTC$ARK$CSTL

EIA reports a climb in U.S. crude supplies, fall in stocks at storage hub

EIA reports a climb in U.S. crude supplies, fall in stocks at storage hub
Added 15 days ago
Summary: The Energy Information Administration reported on Wednesday that U.S. crude inventories rose by 2.1 million barrels for the week ended July 16, marking the...
Sentiment: positive
2 minute read
1 people have read this
Stocks: $SPGI

Covid appears to be the 'Achilles' heel' for Southeast Asian economies, says Jefferies

Covid appears to be the 'Achilles' heel' for Southeast Asian economies, says Jefferies
Added 15 days ago
Summary: Many economies in Southeast Asia have struggled to get to grips with Covid in their countries, says Sean Darby from Jefferies.
Sentiment: negative
5 minute read
3 people have read this
Stocks: $SPGI

As China's debt risks grow, here are 3 warning signs to watch

As China's debt risks grow, here are 3 warning signs to watch
Added 16 days ago
Summary: Weak spots are emerging in China's growing debt pile, and high-profile cases are troubling markets. Here are three important developments to watch.
Sentiment: negative
9 minute read
2 people have read this
Stocks: $SPGI

UAE Stocks End Little Changed With OPEC+ Deal Eyed: Inside EM

UAE Stocks End Little Changed With OPEC+ Deal Eyed: Inside EM
Added 18 days ago
Summary: Sign up for our Middle East newsletter and follow us @middleeast for news on the region.
Sentiment: positive
2 minute read
2 people have read this
Stocks: $SPGI
Cryptos: $UTED$MNR

S&P cuts Kuwait rating on lack of deficit-financing strategy

S&P cuts Kuwait rating on lack of deficit-financing strategy
Added 20 days ago
Summary: Ratings agency S&P Global Ratings cut Kuwait's rating by one notch citing the Gulf state's lack of a funding strategy to finance its deficit.
Sentiment: negative
3 minute read
2 people have read this
Stocks: $SPGI

Kuwait Credit Rating Cut for Second Time in Two Years by S&P

Kuwait Credit Rating Cut for Second Time in Two Years by S&P
Added 20 days ago
Summary: Kuwait was downgraded by S&P Global Ratings for a second time in less than two years after a fall in oil revenue and increased spending pressured the Persian Gulf nation’s fiscal outlook.
Sentiment: negative
3 minute read
2 people have read this
Stocks: $DNOW$SPGI
Cryptos: $RSV

Binance Axes Stock Tokens for Apple, Coinbase, Tesla, Microsoft, and MicroStrategy - Blockworks

Binance Axes Stock Tokens for Apple, Coinbase, Tesla, Microsoft, and MicroStrategy - Blockworks
Added 20 days ago
Summary: Binance stock tokens were launched in April and previously let customers buy a representation of the stock, without paying commission fees.
1 people have read this
Cryptos: $BUSD

Retail Sales Drop in June As Car Sales Falter

Retail Sales Drop in June As Car Sales Falter
Added 20 days ago
Summary: Sales of cars and car parts tumbled 2 percent thanks to a chip shortage that hampered supplies, but spending on clothing and at bars and restaurants rose.
Sentiment: positive
2 minute read
2 people have read this
Stocks: $DNOW$SPGI
Cryptos: $RSV$DELTA

We ranked crypto companies with Glassdoor — it opened a rabbit hole | Protos

We ranked crypto companies with Glassdoor — it opened a rabbit hole | Protos
Added 20 days ago
Summary: Kraken is once again suing an employee for leaving a Glassdoor review. How reliable is the platform for finding a job in crypto? You decide.
Sentiment: positive
9 minute read
1 people have read this
Stocks: $NDAQ$SPGI$V

South Africa riots will push economy into 3% contraction in Q3 -JPMorgan

South Africa riots will push economy into 3% contraction in Q3 -JPMorgan
Added 20 days ago
Summary: The unrest that has ripped through South Africa in the past week will force its economy to contract by 3% in the third quarter and drag down full-year growth, Wall Street bank JPMorgan said on Friday.
Sentiment: negative
4 minute read
1 people have read this

South Africa riots will push economy into 3% contraction in Q3 -JPMorgan

South Africa riots will push economy into 3% contraction in Q3 -JPMorgan
Added 20 days ago
Summary: South Africa riots will push economy into 3% contraction in Q3 -JPMorgan
Sentiment: negative
4 minute read
1 people have read this
Cryptos: $FSN

Auto Loans Are Getting Off the Beaten Track

Auto Loans Are Getting Off the Beaten Track
Added 20 days ago
Summary: Lenders are cushioning the impact of high sticker prices on cars with longer, cheaper loans. While that poses risks, there are buffers that should absorb any sudden shocks.
Sentiment: positive
7 minute read
1 people have read this
Stocks: $DOW$SC$SPGI
Cryptos: $AUTO

Covid-19: Delta variants engulfs Southeast Asia with fastest-growing deaths - Times of India

Covid-19: Delta variants engulfs Southeast Asia with fastest-growing deaths - Times of India
Added 20 days ago
Summary: Rest of World News: With a population about twice that of the US, the momentum of the region’s outbreak has now eclipsed previously hard-hit places like Latin America and
Sentiment: negative
11 minute read
1 people have read this
Cryptos: $RSV

Delta Variant Engulfs These Asian Countries With Fastest-Growing Deaths

Delta Variant Engulfs These Asian Countries With Fastest-Growing Deaths
Added 21 days ago
Summary: Southeast Asia is emerging as a battlefield for one of the worlds worst COVID-19 outbreaks, due to the fast-spreading Delta variant and the slow rollout of vaccines.
Sentiment: negative
11 minute read
1 people have read this
Cryptos: $RSV$DELTA

Paging Greta: China To Release 10 Million Tonnes Of Highly Polluting Coal From Reserves

Paging Greta: China To Release 10 Million Tonnes Of Highly Polluting Coal From Reserves
Added 21 days ago
Summary: ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Sentiment: positive
9 minute read
1 people have read this
Stocks: $DNOW$SPGI
Cryptos: $GAS

Variety

Variety
Added 21 days ago
Summary: Popular on Variety An increasing amount of what ESPN does isn’t going to be seen on good ol’ ESPN. “Sunday Night Baseball” has been a mainstay of the Disney sports network since the show’s launch in 1990, but on August 8, the program will air on ESPN’s corporate cousin, ABC. When ESPN this fall launches […]
Sentiment: positive
21 minute read
1 people have read this

Bit Digital Cashes in on Chinese Mining Exodus - Blockworks

Bit Digital Cashes in on Chinese Mining Exodus - Blockworks
Added 21 days ago
Summary: Bit Digital CEO Bryan Bullett said the company has accelerated its migration strategy to North America, which has been in place since October
Sentiment: positive
6 minute read
1 people have read this
Cryptos: $BITS

Delta Seeks to Cut Pandemic Debt Burden With Bond Buyback

Delta Seeks to Cut Pandemic Debt Burden With Bond Buyback
Added 21 days ago
Summary: Delta Air Lines Inc. is offering to buy back up to $1 billion of high-cost bonds issued at the height of the pandemic last year, as the company begins to look at ways to scale back its balance sheet.
Sentiment: negative
3 minute read
3 people have read this
Cryptos: $UTED$DELTA

Natural-gas prices fall as EIA reports a weekly rise of 55 billion cubic feet in U.S. supplies

Natural-gas prices fall as EIA reports a weekly rise of 55 billion cubic feet in U.S. supplies
Added 21 days ago
Summary: The U.S. Energy Information Administration reported on Thursday that domestic supplies of natural gas rose by 55 billion cubic feet for the week ended July...
Sentiment: positive
1 minute read
2 people have read this
Stocks: $DNOW$SPGI

Coal import increase unlikely even after China releases 10 million tonnes

Coal import increase unlikely even after China releases 10 million tonnes
Added 21 days ago
Summary: China will release more than 10 million tonnes of coal from its state reserves, the National Development and Reform Commission (NDRC) said on Thursday.
1 people have read this
Stocks: $SPGI

Wall Street Opens Back Up to Oil and Gas—But Not for Drilling

Wall Street Opens Back Up to Oil and Gas—But Not for Drilling
Added 21 days ago
Summary: Oil-and-gas companies are using cash from debt offerings to shore up balance sheets rather than to boost production.
Sentiment: positive
3 minute read
1 people have read this
Stocks: $LPI$SPGI

EIA delays release of weekly petroleum supply report

EIA delays release of weekly petroleum supply report
Added 21 days ago
Summary: The Energy Information Administration has delayed the release of its weekly petroleum status report, which had been due out at 10:30 a.m. Eastern. A notice...
Sentiment: negative
2 minute read
1 people have read this
Stocks: $SPGI$TISI

S&P Dow Jones Indices Launches S&P Cryptocurrency BDM Index | Finance Magnates

S&P Dow Jones Indices Launches S&P Cryptocurrency BDM Index | Finance Magnates
Added 23 days ago
Summary: S&P Dow Jones Indices has announced on Tuesday that it has launched its brand-new crypto index, S&P Cryptocurrency Broad Digital Market (BDM) Index.
Sentiment: positive
3 minute read
1 people have read this
Cryptos: $BTC$ETH

CoinFund, ParaFi Capital Co-Lead Seed Round for Staking Platform ClayStack - Blockworks

CoinFund, ParaFi Capital Co-Lead Seed Round for Staking Platform ClayStack - Blockworks
Added 23 days ago
Summary: ClayStack is a staking protocol that allows users to unlock staked digital assets in the form of liquid staking derivative tokens.
1 people have read this
Stocks: $SPGI

China Developers’ Defaults Spread as Languang Misses Payment

China Developers’ Defaults Spread as Languang Misses Payment
Added 23 days ago
Summary: (Bloomberg) -- Chinese builder Sichuan Languang Development Co. failed to repay a local bond, marking its first default in a domestic credit market grappling...
Sentiment: negative
6 minute read
1 people have read this
Cryptos: $RSV$UTED

API data reportedly show a weekly fall of more than 4 million barrels in U.S. crude supplies

API data reportedly show a weekly fall of more than 4 million barrels in U.S. crude supplies
Added 23 days ago
Summary: The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 4.1 million barrels for the week ended July 9, according to sources....
Sentiment: positive
2 minute read
1 people have read this
Stocks: $SPGI

Nassau County Hospital Seeks Another Round of Turnaround Advice

Nassau County Hospital Seeks Another Round of Turnaround Advice
Added 23 days ago
Summary: A Long Island hospital that treats some of the area’s most vulnerable residents is seeking another round of turnaround advice after an earlier recommendation to shut its inpatient unit and sell its nursing facility.
Sentiment: positive
5 minute read
1 people have read this
Stocks: $SPGI

Capital Group Buys 12.2% Stake in Bitcoin-Proxy MicroStrategy - Blockworks

Capital Group Buys 12.2% Stake in Bitcoin-Proxy MicroStrategy - Blockworks
Added 23 days ago
Summary: MicroStrategy is heavily invested in bitcoin and has bought over 105,000 bitcoins for approximately $2.741 billion, as of late June.
1 people have read this
Stocks: $NDAQ$SPGI
Cryptos: $BTC

Asia’s Liquid Exchange Adds USDC on Stellar as Global Stablecoin Demand Jumps - Blockworks

Asia’s Liquid Exchange Adds USDC on Stellar as Global Stablecoin Demand Jumps - Blockworks
Added 23 days ago
Summary: During Q1 2021, $869 billion in stablecoin transactions, including USDC, occurred globally because of demand from DeFi.
Sentiment: positive
3 minute read
2 people have read this
Stocks: $DNOW$SPGI
Cryptos: $ETH$XLM

S&P Dow Jones Grows Crypto Inventory with New Indices | Crypto Briefing

S&P Dow Jones Grows Crypto Inventory with New Indices | Crypto Briefing
Added 23 days ago
Summary: S&P Dow Jones Indices has added five new cryptocurrency-focused indices amid growing interest in the digital assets space.
Sentiment: positive
3 minute read
1 people have read this
Stocks: $DOW$SPGI
Cryptos: $BTC$ETH

S&P Dow Jones Indices Launches S&P Cryptocurrency Broad Digital Market Index | Coinspeaker

Added 23 days ago
Summary: New index measures the performance of more than 240 cryptocurrency coins.
Sentiment: positive
5 minute read
2 people have read this
Cryptos: $BTC$ETH

S&P Dow Jones brings bitcoin, ethereum to Wall St. with cryptocurrency indexes

S&P Dow Jones brings bitcoin, ethereum to Wall St. with cryptocurrency indexes
Added 23 days ago
Summary: The S&P Dow Jones Indices launched new cryptocurrency indexes, it said on Tuesday, further mainstreaming digital currencies including bitcoin and ethereum by…
Sentiment: positive
3 minute read
2 people have read this
Cryptos: $BTC$ETH$CAP

Record Natural Gas Prices Give Power Markets a Jolt

Record Natural Gas Prices Give Power Markets a Jolt
Added 23 days ago
Summary: A scramble for natural gas is creating pockets of scarcity in the global market, boosting prices for the fuel and for the electricity generated by burning it.
Sentiment: negative
2 minute read
1 people have read this
Stocks: $SPGI
Cryptos: $ARGUS

Austrian Billionaire Joins Green Rush With Rare Public Bond

Austrian Billionaire Joins Green Rush With Rare Public Bond
Added 23 days ago
Summary: Signa Development Selection AG is preparing to sell green bonds in a rare public offering from the real-estate company owned by Austrian billionaire Rene Benko.
3 minute read
1 people have read this
Stocks: $DB$SPGI

Governments World-Wide Gorge on Record Debt, Testing New Limits

Governments World-Wide Gorge on\n\t\t\n\t\t\t\n\t\t\n\tRecord Debt, Testing New Limits
Added 24 days ago
Summary: An enormous pile of savings makes it possible for nations to borrow heavily at low cost. Encouraged by new economic thinking, they are doing just that, defying worries about inflation and sustainability.
1 people have read this
Cryptos: $RSV

US drilling approvals increase despite Biden climate pledge

US drilling approvals increase despite Biden climate pledge
Added 24 days ago
Summary: BILLINGS, Mont. (AP) — Approvals for companies to drill for oil and gas on U.S. public lands are on pace this year to reach their highest level since George W. Bush was president, underscoring President Joe Biden’s reluctance to more forcefully curb petroleum production in the face of industry and Republican resistance.
Sentiment: positive
8 minute read
1 people have read this
Cryptos: $GAS

CBDC Alert: UAE Central Bank wants to introduce a digital currency | Cryptopolitan

CBDC Alert: UAE Central Bank wants to introduce a digital currency | Cryptopolitan
Added 24 days ago
Summary: UAE Central Bank seeks to join the digital currency market by creating its token as a trading strategy. The key to the project is for the financial
Sentiment: positive
5 minute read
1 people have read this

Business News: Markets, Inflation and More

Business News: Markets, Inflation and More
Added 24 days ago
Summary: The long-delayed Marvel-Disney movie generated $80 million at the domestic box office and another $60 million on the Disney+ streaming platform.
Sentiment: positive
27 minute read
1 people have read this

UAE Central Bank plans to issue digital currency

UAE Central Bank plans to issue digital currency
Added 24 days ago
Summary: Digital transformation of the UAE's financial services sector is a part of the CBUAE's strategy
Sentiment: positive
8 minute read
2 people have read this
Stocks: $SPGI
Cryptos: $BTC$RSV

The world's largest carbon market is set for a historic revamp. Europe's shipowners are concerned

The world's largest carbon market is set for a historic revamp. Europe's shipowners are concerned
Added 25 days ago
Summary: The European Union is due to propose an unprecedented overhaul to its carbon market this week, seeking to put a price on shipping emissions for the first time.
Sentiment: positive
11 minute read
1 people have read this
Stocks: $DNOW$SPGI
Cryptos: $CRBN$UTED

President Biden Wants to Pour Money Into Infrastructure. Should You?

President Biden Wants to Pour Money Into Infrastructure. Should You?
Added a month ago
Summary: The world’s highways, ports, electric wires and roads need repair and upgrades. That could be an opportunity for funds investing in infrastructure.
2 minute read
1 people have read this
Cryptos: $UTED

Oil Prices Climb On Strong Fuel Demand

Oil Prices Climb On Strong Fuel Demand
Added a month ago
Summary: Oil prices rebounded on Friday morning as strong U.S. fuel consumption data gave oil markets hope despite the uncertainty surrounding the OPEC production cut deal
Sentiment: negative
8 minute read
1 people have read this
Stocks: $DNOW$SPGI
Cryptos: $UOS$GAS$CRBN

Survey Finds Turkey Crypto Usage Increased YoY, But Trust in Industry Has Fallen - Blockworks

Survey Finds Turkey Crypto Usage Increased YoY, But Trust in Industry Has Fallen - Blockworks
Added a month ago
Summary: Bitcoin is the most preferred digital asset by users in Turkey with 7 out of 10 market participants saying they trade BTC.
1 people have read this
Stocks: $SPGI
Cryptos: $BTC

Jack Dorsey Confirms Square Will Make Bitcoin Hardware Wallet - Blockworks

Jack Dorsey Confirms Square Will Make Bitcoin Hardware Wallet - Blockworks
Added a month ago
Summary: The decision was announced in a tweet by Jesse Dorogusker, the hardware lead and TIDAL lead at Square.
1 people have read this
Stocks: $SPGI$TWTR
Cryptos: $BTC

Utilities Pay for Coal-Plant Closures by Issuing Bonds

Utilities Pay for Coal-Plant Closures by Issuing Bonds
Added a month ago
Summary: Coal-fired power plants aren’t just the heaviest polluters; they’re also expensive to run, and many operate at a loss. Utility companies are using an old-school financial move to raise money to pay for shutdowns.
1 people have read this

Junk-Bond Rally Pulls Yields Below Inflation

Junk-Bond Rally Pulls Yields Below Inflation
Added a month ago
Summary: Demand for debt from companies like Victoria’s Secret shows how far investors have reached for yield, passing a new milestone.
1 people have read this
Cryptos: $SCRT$RSV

American Frackers Show Restraint as Oil Tops $70

American Frackers Show Restraint as Oil Tops $70
Added a month ago
Summary: Shale companies are generating record amounts of cash. Instead of more drilling, they are paying off debt and sharing it with investors.
1 people have read this

Celsius to Launch ETH2 Staking Pool, Gives Users More 'Ethereum for their Ethereum' - Blockworks

Celsius to Launch ETH2 Staking Pool, Gives Users More 'Ethereum for their Ethereum' - Blockworks
Added a month ago
Summary: The ETH2 addition to Celsius’ platform is the latest move in the company’s mission to help customers achieve financial freedom.
2 people have read this
Stocks: $SPGI
Cryptos: $ETH$CEL

Insurance Agency Mergers and Acquisitions Hit Record for First Half

Insurance Agency Mergers and Acquisitions Hit Record for First Half
Added a month ago
Summary: Deals for property & casualty and benefits brokers in U.S. and Canada rise 10% in first half, OPTIS Partners reports CHICAGO, IL / ACCESSWIRE / July 8, 2021 / There were 339 announced insurance agency mergers and acquisitions during the first half of 2021, up from 307 in 2020, according to OPTIS Partners' M&A database. It was the highest recorded total for the first half of the year. The data covers U.S. and Canadian agencies selling
Sentiment: positive
6 minute read
1 people have read this
Stocks: $SPGI

Oil futures remain slightly lower after fall in U.S. crude supplies

Oil futures remain slightly lower after fall in U.S. crude supplies
Added a month ago
Summary: Oil futures remained slightly lower but near session highs after government data showed U.S. crude inventories fell for a seventh straight week. The Energy...
Sentiment: positive
1 minute read
2 people have read this
Stocks: $SPGI

Higher Oil Prices Aren’t Yet Enough for the Gulf’s Weakest Link

Higher Oil Prices Aren’t Yet Enough for the Gulf’s Weakest Link
Added a month ago
Summary: While most Persian Gulf countries replenish spent coffers with profits from rising oil prices, the region’s smallest economy is still in bailout territory.
Sentiment: positive
6 minute read
1 people have read this

Zerion Raises $8.2M, Plans to Make DeFi Mainstream - Blockworks

Zerion Raises $8.2M, Plans to Make DeFi Mainstream - Blockworks
Added a month ago
Summary: DeFi’s potential still remains largely untapped by mainstream audiences because the world has never seen financial interoperability at this scale and most of DeFi remains too complex to access, said Zerion CEO Evgeny Yurtaev in a blog post
2 people have read this
Stocks: $TILE$SPGI

API data show U.S. crude inventories down nearly 8 million barrels: sources

API data show U.S. crude inventories down nearly 8 million barrels: sources
Added a month ago
Summary: The American Petroleum Institute late Wednesday said U.S. inventories of crude oil fell by 7.98 million barrels last week, according to sources. Gasoline...
2 minute read
1 people have read this
Stocks: $SPGI

British Columbia’s AAA Rating Is Stripped by S&P on Rising Debt

British Columbia’s AAA Rating Is Stripped by S&P on Rising Debt
Added a month ago
Summary: British Columbia lost its top credit rating from S&P Global Ratings, which said provincial debt will rise sharply over the next few years because of the economic shock of Covid-19.
Sentiment: negative
2 minute read
1 people have read this
Stocks: $SPGI

Cut to Junk, Colombia Dispatches Finance Chief, CEOs to New York

Cut to Junk, Colombia Dispatches Finance Chief, CEOs to New York
Added a month ago
Summary: Jose Manuel Restrepo, the finance minister of Colombia, is diplomatic when asked about the downgrades that credit-rating companies dealt his government this year. “They were just doing their job,” he says.
Sentiment: negative
10 minute read
1 people have read this
Stocks: $SPGI
Cryptos: $DAILY

Europe’s Leveraged Borrowers Spice Up New Deals to Court Buyers

Europe’s Leveraged Borrowers Spice Up New Deals to Court Buyers
Added a month ago
Summary: Europe’s leveraged loan market is starting to turn more expensive for some borrowers as investors get pickier amid the deluge of deals after its busiest year in more than a decade.
Sentiment: negative
3 minute read
1 people have read this

COLUMN-A pandemic shock turned tailwind :Mike Dolan

COLUMN-A pandemic shock turned tailwind :Mike Dolan
Added a month ago
Summary: One of the great financial fears of the pandemic may turn out to be another huge boon to the global recovery.
Sentiment: negative
8 minute read
1 people have read this
Cryptos: $UTED

Robinhood's upcoming IPO could value the popular retail-investing app at $30 billion or more, S&P analysts say

Robinhood's upcoming IPO could value the popular retail-investing app at $30 billion or more, S&P analysts say
Added a month ago
Summary: Even a rumored $20 billion valuation would be a conservative estimate, says S&P Global Market Intelligence about Robinhood's pending IPO.
Sentiment: positive
6 minute read
1 people have read this

BlockFi Releases Visa Rewards Credit Card to US Clients - Blockworks

BlockFi Releases Visa Rewards Credit Card to US Clients - Blockworks
Added a month ago
Summary: In December 2020, the “BlockFi Rewards Visa Signature Credit Card” formed a waitlist which has grown to over 400,000 people in the past seven months.
1 people have read this
Stocks: $TILE$SPGI$V

The Future of DAOs: How the Investment Landscape is Evolving - Blockworks

The Future of DAOs: How the Investment Landscape is Evolving - Blockworks
Added a month ago
Summary: While private companies are tight-knit, hierarchical, invite-based, DAOs are loose grassroots networks with transparent, open and global networks.
4 people have read this
Stocks: $SPGI

Cash-laden companies are on a mergers and acquisitions spree

Cash-laden companies are on a mergers and acquisitions spree
Added a month ago
Summary: Businesses spent $1.74 trillion on mergers and acquisitions involving U.S. companies during the first six months of the year—the highest amount in more than four decades—as finance chiefs tapped into cheap funding options to acquire technologies, services and other assets.
Sentiment: positive
9 minute read
1 people have read this
Cryptos: $RSV

Here's Why Riot Blockchain Stock Was Up 39% in June

Here's Why Riot Blockchain Stock Was Up 39% in June
Added a month ago
Summary: Analysts were loving its deal with a fintech company, its mining update, and a recent acquisition.
Sentiment: positive
4 minute read
2 people have read this
Cryptos: $BTC

Abu Dhabi real estate firm, owned by ruling family, in dollar sukuk sale

Abu Dhabi real estate firm, owned by ruling family, in dollar sukuk sale
Added a month ago
Summary: The Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small real estate player in Abu Dhabi owned by members of its ruling family, has hired banks for a debut sale of U.S. dollar-denominated sukuk, or Islamic bonds, a document showed on Monday.
Sentiment: positive
5 minute read
2 people have read this
Stocks: $SPGI
Cryptos: $UTED

Abu Dhabi real estate firm, owned by ruling family, in dollar sukuk sale

Abu Dhabi real estate firm, owned by ruling family, in dollar sukuk sale
Added a month ago
Summary: The Private Department of Sheikh Mohamed Bin Khalid Al Nahyan LLC (PD), a relatively small real estate player in Abu Dhabi owned by members of its ruling family, has hired banks for a debut sale of U.S. dollar-denominated sukuk, or Islamic bonds, a document showed on Monday.
Sentiment: positive
3 minute read
2 people have read this
Stocks: $SPGI
Cryptos: $UTED

It's July 4 and America's back

It's July 4 and America's back
Added a month ago
Summary: Look how far we've come in the past year.
Sentiment: positive
2 minute read
2 people have read this
Cryptos: $ZER

Treasury Traders Brace for Volatility With Debt-Limit Chaos Near

Treasury Traders Brace for Volatility With Debt-Limit Chaos Near
Added a month ago
Summary: Short-term rates traders are girding for a bumpy road ahead, as the U.S. debt ceiling looks poised to return on Aug. 1 while Congress so far has no clear plan to increase it -- meaning federal government borrowing could soon get tricky.
Sentiment: negative
6 minute read
2 people have read this
Stocks: $SPGI
Cryptos: $RSV

CoinFund Leads $2.3M Round for Esports Startup - Blockworks

CoinFund Leads $2.3M Round for Esports Startup - Blockworks
Added a month ago
Summary: Community Gaming received $2.3 million in seed round funding led by CoinFund. Animoca Brands, Dapper Labs, Multicoin Capital, 1kx, Warburg Serres and Hashed also contributed.
1 people have read this

Office re-entry is proving trickier than last year’s abrupt exit

Office re-entry is proving trickier than last year’s abrupt exit
Added a month ago
Summary: As economies reopen employers face tough choices | Business
Sentiment: positive
6 minute read
1 people have read this

OPEC and allies to decide on crude production policy as oil prices climb, demand recovers

OPEC and allies to decide on crude production policy as oil prices climb, demand recovers
Added a month ago
Summary: Analysts say the most probable outcome is for an increase of around 500,000 barrels per day in August.
Sentiment: positive
3 minute read
2 people have read this
Stocks: $MS$NOV$SPGI