Stock Market Today A white-hot January CPI report exceeded already high expectations, raising expectations for Fed intervention and lowering the boom on equity prices.The much-awaited consumer price index (CPI) reading for January more than lived up to its billing, jumping by the fastest annual rate in four decades. Wall Street ultimately sold off on the… Continue reading Stock Market Today: Fastest Inflation in 40 Years Flattens Stocks’ Rally | Kiplinger
Crypto M&A volume jumped nearly 5,000% in 2021 with the average deal size tripling in value, PwC says
Isabelle Lee Fernando Gutierrez-Juarez/picture alliance via Getty Images The total volume of crypto M&A deals skyrocketed nearly 5,000% in 2021, according to PwC. The average transaction size tripled in value from $52.7 million to $179.7 million. PwC also found that deals shifted back to the Americas with 51% of them occurring in the region. Loading… Continue reading Crypto M&A volume jumped nearly 5,000% in 2021 with the average deal size tripling in value, PwC says
Nasdaq drops 2% after Fed’s Jim Bullard says he favors aggressive rate hikes after inflation data
US stocks fell on Thursday after hotter-than-expected inflation data and hawkish comments from the Fed’s James Bullard. A 7.5% jump in the consumer price index led to the market pricing in six Fed rate hikes this year.”I was already more hawkish but I have pulled up dramatically what I think the committee should do,” Bullard said.… Continue reading Nasdaq drops 2% after Fed’s Jim Bullard says he favors aggressive rate hikes after inflation data
ApeDAO token is on the rise after community vote to liquidate its collection of NFTs passes and auction process begins
ApeDAO is going ahead with its NFT liquidation after the community voted in favor of the sale.ApeDAO’s token jumped as much as 7% on Thursday as the bidding process began for its NFTs.The DAO plans to list its entire Bored Ape Yacht Club assets for a minimum of 12,000 ether, worth about $37.8 million. Loading… Continue reading ApeDAO token is on the rise after community vote to liquidate its collection of NFTs passes and auction process begins
Former Fed economist Edward Yardeni tells the central bank to ‘just do it’ and hike interest rates by 50 basis points
Former Fed economist Edward Yardeni urged the Fed to go big on rate hikes at the March FOMC meeting. “Just do it,” he told Bloomberg. “Just get on with it, let’s do 50 [basis points], the market’s already discounted it.” Yardeni also said “bond vigilantes” might soon make a “forceful comeback.” A former Federal Reserve… Continue reading Former Fed economist Edward Yardeni tells the central bank to ‘just do it’ and hike interest rates by 50 basis points
Twitter’s new CEO sees opportunity in Web3 as founder Jack Dorsey snubs the future internet as venture-capital owned
Newly minted Twitter CEO Parag Agrawal wants to harness Web3 to benefit consumers. That comes in contrast to the former Twitter boss who has dissed the future internet and its backers. Agrawal said he sees opportunity in Web3 and “incredible” energy to solve problems. Loading Something is loading. Twitter’s new boss is more excited about… Continue reading Twitter’s new CEO sees opportunity in Web3 as founder Jack Dorsey snubs the future internet as venture-capital owned
Here’s What High Inflation is Affecting Most
Inflation has risen to 7.5% and consumers are feeling the impact as supply chain woes and higher energy costs have driven up the cost of living at the fastest rate in 40 years. The prices for healthcare have started to rise along with the higher prices Americans have been paying for food, utilities and gasoline. … Continue reading Here’s What High Inflation is Affecting Most
How Much Do You Have to Make to File Taxes in the U.S.?
Every year, tax season rears its head like clockwork, and those W2s, 1099s, and other forms start rolling in. And while it may seem like a blip on the distant horizon, the filing deadline will be here before you know it. Getting all of your tax information prepared as early as possible (i.e., as soon as you’ve… Continue reading How Much Do You Have to Make to File Taxes in the U.S.?
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