NASDAQ’s Big Decline The NASDAQ Composite Index took a sharp tumble on Tuesday, falling 5.2% to 11,633.57. Year to date, the bellwether technology stock index is down 27%. There was bad news again for the US economy as fresh inflation data showed that price gains did not moderate as much as expected. Overall inflation rose 8.3% in August even though petrol prices came down. Core inflation, which strips out food and fuel prices, climbed 6.3% in August, higher… Source link
Read More »Citibank Partners Yahoo to Enhance Public Literacy on Personal Finance
Yahoo and Citibank have teamed up to launch Life and Money, a dedicated personal finance hub geared towards diverse audiences, providing fresh perspectives on money, and equipping them for their financial journey across different life stages. Hosted on Yahoo Finance in Singapore – the #1 source for business and finance news in the country – Life and Money will see Citibank share expert insights and tips on personal finance with readers. While financial literacy in Singapore is the highest in… Source link
Read More »Citibank Enters Crypto Space, Launches Digital Assets Unit
SASCHA STEINBACH/EPA-EFE/Shutterstock / SASCHA STEINBACH/EPA-EFE/Shutterstock The latest behemoth to enter the crypto space amid steady institutional interest is Citigroup, which officially launched a new business unit dedicated to the cryptocurrency and blockchain space, according to a memo obtained by The Block. See: As Cryptos Crash, Twitter is Drowning in MemesFind: If You Invested $1,000 in These Cryptocurrencies a Year Ago, Here’s How Much You’d Have Now The new unit, the Digital… Source link
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